Silver in Depth
Silver extended beyond the recorded peak last May around 19.80, and by assessing the metal over weekly basis, we can see last week’s closing was exactly at this level –shown on the secondary chart below-.
Category: Daily Forex Reports
The Analysis of the Market Manipulations with EUR/USD for September 6, 2010.
The euro has reached the level of 1.2890 amid the forecast by me positive report on non-farm payrolls in the USA. Today hardly any changes should be expected, as it is a bank’s holiday in the USA.
Crude Oil weekly Report 06/ September /2010
Crude continues trading below support for the previously breached bullish channel, although the MA 50 maintains its stance as a support barrier that impedes achieving more bearish movement.
Major Currencies’ weekly Report 06/ September /2010
EURUSDhe pair achieved that awaited primary targets around 1.2900 after insuring the bullish technical pattern shown previously, while momentum indicators have entered overbought areas; where we expect some fluctuation and a slant towards some minor bearish correction...
Dollar Trades Weaker; Which Pairs Are Ready To Breakout?
EURUSD: The EUR closed on Friday exactly at near term Resistance, at 1.2894. Obviously a close higher would provide added support to this EUR rally. The EUR has also closed up four consecutive sessions, something it failed...
EUR/USD Reaches 1.2900 Following Better Than Expected Non-Farm Payrolls Results
The US Non-Farm Payrolls wasted no time bringing the greenback down on Friday. The EUR/USD pair, which seemed very steady around the 1.2800 level before the report, promptly jumped due to the better-than-expected figures, and is currently...
A Test Of Ranges Today
The week will start on a quiet note because of the Labor Day holiday in the States. Before going into the weekend mixed data surrounded investors once again and gave both bulls and bears more reasons to...
Daily FX Market Review-6-9-2010
Market Review – 03/09/2010 21:50 GMTDollar falls broadly as better-than-expected U.S. jobs data boosts risk appetite The greenback dropped against most major currencies on Friday as better-than-expected U.S. non-farm payrolls eased recent worries on U.S. economic recovery...
Crude Oil Morning Report 03/ September /2010
Oil extended its rise yesterday noting that trading stabilized below the subsidiary channel’s support levels that were previously breached and shifted to resistance, at 75.20. Overbought signs are appearing on the momentum indicators which adds to the...
Major Currencies’ Morning Report 03/ September /2010
EURUSDThe pair’s trading between the retested levels at 1.2770 and 61.8% Fibonacci levels at 1.2830 and it found difficulty in breaching due to the negative sings appearing on the four-hour chart momentum indicator.