Market Review – 08/11/2010 23:08 GMT Euro sinks against dollar on renewed eurozone debt concern The single currency tanked against dollar on Monday as worries over the budget problems in Ireland and eurozone resurfaced, prompting investors to...
At 4-hour graph the GBP/CHF makes a rollback from Fibonacci correction level 61.8. Earlier the GBP/CHF formed a combination of Bearish Engulfing candlesticks which gives a signal to the downward trend and that confirmed afterwards.
Normal 0 false false false MicrosoftInternetExplorer4 USD/CHF Daily Graph: http://www.real-forex.com/charts-daily/November2010/CHF_DAILY_081110.JPG
ForexPros Daily Analysis November 08, 2010 Forex Analysis For EUR/USD, GBPUSD and GBP/JPY 1) Forex Trading Signal For GBPJPY Forex Trend Analysis The overall trend for this pair is DOWN for the week.
The NFP data indicated that businesses are starting to hire, providing the dollar with a much needed jump against many currencies. EURUSD The Euro fell back to support, now sitting precariously on its 2-week long rising trendline.
The USD gained on Friday and this came on the back of a better than anticipated Non Farm Employment Change number. As much as the jobless figure typically runs the show on the first Friday of every...
The EUR lost ground to the USD on Friday as the day came to a close, and it did this as some traders must have been wondering how long the EUR can trade under a dollar centric...
The Sterling remains within the higher realms of its values against the USD even after it lost some ground to the greenback on Friday. The Sterling finds itself comfortably within the stronger parts of its range. The...
The JPY crawled to some slight loses against the USD on Friday, but it remains solidly within a sphere that it has fashioned for a long duration now – taking into the account the brief intervention attempt...
Following last Friday’s better than expected US Non-Farm Payroll’s figure, the greenback continues to make gains against its main currency rivals. The EUR/USD pair has fallen below the 1.4000 level and is continuing its decline.