The Dollar tumbled to an eight-month low against the Yen and dropped versus the Euro after data showed the U.S lost twice as many jobs in July as expected, fueling concerns that the Federal Reserve may need...
After the index temporarily breached the medium term bullishness for a downside correction, the index settled for 38.2% correction for the entire upside wave that started from 3441 towards 5797. Trading reversed once again to the upside...
OIL: After struggling for nearly two months to break above Resistance at 79 and break free of the 100 day MA, Oil seems to be under some downwards pressure once again. On the lower half of the...
Following a relatively calm trading week, the U.S. Non-Farm Payrolls data managed to boost volatility in the market, bringing down the U.S. dollar in the process. The dollar fell to an 8-month low against the yen and...
Crude was able to achieve the suggested bearish trend in our last reports as it managed to achieve primary targets around $80.00 per barrel and finds a hard time reaching the retest level at 79.35, due to...
EURUSDThe pair succeeded is achieving the suggested scenario for last week by trading within the bullish channel shown in the image above. The daily and weekly closing has been achieved above 76.4% Fibonacci correction, previously breached at...
Market Review – 06/08/2010 21:55 GMTDollar falls broadly against most currencies on disappointing U.S. jobs dataDollar tumbled against most of its counterparts on Friday as release of weak U.S. non-farm payrolls data added speculation that the Federal...
Crude achieved an ascend from this morning where it returned to sharply move to the downside nearing vital support to trade today at 81.55. Momentum indicators are still showing negative signs that support morning expectations; thus, we...
EURUSDThe pair neared the bullish channel that has currently ascended to 1.3150; therefore no change it evident on the suggested morning scenario, as long as stability is above 1.3115 as we await for the release of the US...
On Thursday, the European Single Currency increased slightly against the US dollar following the disappointing US Labor market data.
