EURUSDThe pair was able to complete forming the expected bearish technical pattern in our last reports, achieving the daily and weekly closing below the breached neckline at 1.2730; therefore, making us to expect a bearish direction for this...
EURUSD: After falling through 1.29 six days ago the EUR has failed to generate a close back above that level after several attempts. The EUR has found short term Support at the 100 day moving average as...
After four days in which the euro and British pound had dominated the market, the trend markedly reversed by last Thursday. Several negative economic reports from the U.S. have added to concerns regarding the global economic recovery,...
Market Review – 20/08/2010 21:45 GMTEuro tumbles to a 5-week low on ECB Weber’s dovish comments The single currency sank to a 5-week low against dollar on Friday after ECB Governing Council member Axel Weber, who is...
Rather disappointing data from the USA did not influence the market attitude to the US dollar. On the contrary, an attempt of the euro growth during the Asian and European sessions was compensated by further rate decline...
After the downside correction stopped at 38.2% Fibonacci correction which started following the breach of the medium term’s ascending channel. The index rushed in an attempt to return to the bullishness yet was restricted by the 100...
The USD turned in a fairly stable day taking into consideration that Wall Street tumbled on bad data. The day was highlighted by a bad Philly Fed Manufacturing Index outcome of minus -7.7 compared to the forecasted...
EURUSDThe pair ascended quickly towards 1.2900 but managed to built its base once again in front of the pair’s attempts to move to the upside due to support from SMA 50, where it reversed to the downside to...
The Dollar advanced against most of its major counterparts Thursday as unexpectedly weak U.S. employment and manufacturing data weighed on stocks and other riskier assets, prompting investors to seek the relative safety of the greenback and Japanese...
ForexPros Daily Analysis August 19, 2010 Fundamental Analysis: Core CPI The Core Consumer Price Index (CPI) measures the changes in the price ofgoods and services excluding food and energy. The CPI measures price changefrom the perspective of...
