EUR/USD Open 1.2587 High 1.2647 Low 1.2554 Close 1.2593 On Monday Euro/Dollar continued the decreasing impulse, whish started last Friday. The European currency depreciated from 1.2647 to 1.2554 yesterday, in converse the Interbank sentiment projection, at nearly...
Market Review – 12/07/2010 21:43 GMTEuro falls on concerns over European banks’ refinancing problemsThe single currency fell sharply in Asia on Monday and penetrated Friday’s low of 1.2609 to 1.2587 on refinancing concerns over European banks. Later,...
EURUSDThe pair is trading around the morning mentioned pivotal support level at 1.2565 in an attempt to build a base and start the suggested bullish wave. Our morning expectations remain intact, supported by Stochastic but keep in...
Crude is trading within a narrow range since this morning and calmly nears the pivotal support at 75.15. Momentum indicators are still showing bearish signs that make us hold onto expectations for a bearish move today that will...
ForexPros Daily Analysis July 12, 2010 Fundamental Analysis: German ZEW Economic Sentiment The European traders anticipate The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment to determine the sentiment of German institutional investors.Above 0 indicates optimism while...
USD/JPY Open 88.65 High 89.13 Low 88.37 Close 88.56 On Friday Dollar/Yen continued increasing slightly, matching the positive Interbank sentiment at nearly +20%. The currency couple rose from 88.37 to 88.74 on Friday, closing the week at...
Gold prices left the internal upside channel which organize the upside short-term wave within the major upside channel which holds the mid trend for price. We see that the breach of internal channel is only temporarily till...
GBP/USD Open 1.5068 High 1.5200 Low 1.4948 Close 1.5059 After partial recovery, on Friday Pound/Dollar started decreasing, in converse with the Interbank sentiment at nearly +14%. The Cable at first climbed to 1.5200 on Friday, from where...
EURUSD The Euro’s rally, which pushed the single currency to its highest level in more than seven weeks, stalled on Friday as market sentiments towards the Euro remained cautious and some traders bet that its recent upswing...
EUR USDThe pair neared 50% Fibonacci correction and bearishly reversed due to the effect of the negative signs appearing on momentum indicators. We can expect a base to be built on 1.2565 that represents the previously broken...
