Market Review – 07/09/2010 22:01 GMTYen surges to a fresh fifteen-year high against dollar after BOJ’s Shirakawa’s comments The greenback fell sharply against the Japanese yen on Tuesday, as the Bank of Japan Governor Shirakawa’s comments increased...
ForexPros Daily Analysis September 07, 2010 Euro Dollar We wondered in yesterday’s report, if the Dollar was able to survive after reaching critical levels at 1.2920 for the EURUSD, and 1.5490 for the GBPUSD. The answer to...
With the start of the second quarter, the bunds entered an ascending medium term channel and trading within it as shown on the daily chart above.
Market Review – 06/09/2010 17:38 GMTEuro rises to 3-week high of 1.2920 before retreating on profit-taking The single currency extended last Friday’s rally to a 3-week high of 1.2920 before retreating to 1.2867 on profit-taking as European...
ForexPros Daily Analysis September 06, 2010 Euro Dollar The Euro benefited from the US jobs report to approach 1.29 on Friday, and penetrated it after the market opened again last night. It seems like the Euro is...
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-.
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 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.
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...
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...