Continuing market uncertainty and Euro declines helped support Gold prices as investors turn to the metal as an alternative safe haven investment. Gold levels were further supported by positive economic data from the U.S on the one...
EUR/USD Open 1.2233 High 1.2328 Low 1.2117 Close 1.2228After the the quiet trading on Monday, yesterday Euro/Dollar traded with a decrease. Euro/Dollar depreciated from 1.2310 to 1.2117 on Tuesday, in line with the Interbank sentiment projection, at...
Market Review – 01/06/2010 21:41GMTEuro ends mixed after rebounding from a fresh 4-year low on solid US dataDespite trading narrowly in NZ/AUS following U.S. holiday on Monday, euro came under renewed selling pressure on Tuesday, the single...
Crude is flawlessly heading to the suggested morning scenario but with a 10 point difference from the awaited key target at 71.55. Crude is currently bullishly correcting for the sharp bearish wave that had occurred this morning,...
EURUSD The pair settled for 23.6% correction were it built the base after the level turned into resistance from where the pair sharply fell, achieving the awaited key targets for today near 1.2100. An expected minor retest...
ForexPros Daily Analysis June 1, 2010 Fundamental Analysis: PPI European traders anticipate the publication of the Producer Price Index on June 2nd. The PPI is an inflationary indicator that measures the average change in selling prices received...
he pair continues to trade within the structured short term descending channel which is leading the corrective downside wave that was initiated with the breach of the bullish medium term trend as seen on the daily chart...
Crude is moving according to yesterday’s suggested scenario that has neared the awaited main target at 75.35, but exiting the ascending channel with the breach of its support, in addition to stabilizing below MA 100 alongside the negative signs...
EURUSD The pair managed to breach support for the ascending channel that has organized the bullish correction wave, where its breached now and turned into resistance at 1.2315. We could witness some fluctuation that will help the...
Market Review – 31/05/2010 17:05GMTJapanese yen falls on political turmoil before rebounding on profit-taking in late European sessionThe Japanese currency fell against major currencies on Monday after a poll showed Sixty-three percent of Japanese voters want Prime...
