Crude is trading in a narrow range since this morning while stabilizing below the previously breached support level that has turned into resistance which presently ascended to 76.20. Momentum indicators are showing negative signs that support our...
USD/JPY Open 88.44 High 88.69 Low 87.66 Close 88.33 On Thursday Dollar/Yen continued increasing, matching the positive Interbank sentiment at nearly +2%. The currency couple rose from 87.66 to 88.61 yesterday, closing the day at 88.33. This...
The 38.2% held against the last two attempts to decline and pushed the pair to the upside to remain within the bearish correctional channel over daily basis above. The pair inclined to breach the 100 Days MA...
EURUSDThe pair continued its upside movement to touch 1.2700 while keeping an eye on the narrow and gradual range of trading, where as we ascend it may form a bullish wedge within the current minor ascending channel...
Crude ascended to retest the previously breached support for the bullish channel that has currently turned into resistance, while it presently ascends to 76.10. Momentum indicators are showing clear overbought signs, thus adding strength to the mentioned...
The U.S currency declined against the EUR on Thursday after European Central Bank President Jean-Claude Trichet calmed investors’ concerns about European bank stress tests and the central bank’s liquidity programs. Positive employment data in the U.S. also...
EUR/USD Open 1.2690 High 1.2709 Low 1.2623 Close 1.2697 After an insignificant downward correction, on Thursday Euro/Dollar continued climbing. The European currency appreciated from 1.2623 to 1.2709 yesterday, in line the Interbank sentiment projection, at around +6%,...
Market Review – 08/07/2010 22:08 GMTEuro rises to a two-month high on Trichet ‘s optimistic commentsDespite euro’s initial pullback to 1.2620 in Australia, the single currency extended recent rise and climbed abv Wednesday’s high of 1.2665 to...
EURUSDThe pair is trading within a narrow range since this morning with bearish bias in an attempt to touch the awaited support at 1.2610. Our morning expectations remain intact.
Crude is trading within a narrow range since this morning between 74.40 and 75.00, with constant negative signs appearing through momentum indicators, as long as stability is abo ve the MA 50. Morning expectations are still intact as...
