JPY & AUD – Yen Still Very Strong
The JPY continues to battle within the highest points of its value against the USD as the Bank of Japan expresses its desire to have a weaker currency. The problem for Japan is that it has not...
Category: Daily Forex Reports
Crude Oil Morning Report 02/ September /2010
Oil rushed to the upside yesterday in order to retest the subsidiary channel’s support levels that were previously breached, but failed to maintain a daily closing above it. Trading is still leaning towards negativity supported by trading...
Major Currencies’ Morning Report 02/ September /2010
EURUSDThe pair assured yesterday the forming of a rising technical pattern that was mentioned in our previous reports, but stopped at the 61.8% Fibonacci levels that is forming into a resistance,
Riskier Currencies Mute Gains in Overnight Trading
Currencies like the euro and UK pound muted gains made yesterday as investors appear to be waiting on a batch of economic data set to be released later today. Signs that the global economic recovery is speeding...
Daily Market Outlook by AceTrader-2-9-2010
Market Review – 01/09/2010 22:48 GMTDollar falls as solid economic data eases growth worries The greenback fell against euro and the British pound as solid economic data eased worries over the global economic growth, boosting investors’ risk...
Analysis of the Market Manipulations with EUR/USD for September 1, 2010
The markets demonstrated a positive dynamics yesterday, thus the euro ended up. Today a beginning of a new season is due, so, a fresh inflow of liquidity can become a basis for a good trend, though by...
Forexpros.com Daily Analysis – 01/09/2010
ForexPros Daily Analysis September 01, 2010 Euro Dollar Monday’s headline for the EURUSD was “Slowly rising, signaling weakness”, and the Euro listened, and kept on falling from the weekly open, losing more than 140 pips from yesterday’s...
Dow Jones in Depth
Updating our expectations for August 24, the index respected our bearish scenario reaching the first target around 9915 and rebounding to retest the breached neckline for the bearish pattern which resides with the 100 MA.
Major Currencies’ Morning Report 01/ September /2010
EURUSDThe pair neared the awaited primary first target around 1.2625 rebounding to the upside due to the effect of bullish momentum appearing on the four hour chart, where the pair is losing this momentum ; whereas SMA 50...
Crude Oil Morning Report 01/ September /2010
Crude was able to breach support for the minor bullish channel paving the way towards achieving a bearish trend that targets returning within the descending channel that has previously halted to bullishly correction, as shown in our...