JPY – Risk Adverse And In Range
The JPY gained on the USD in what has become a time honored risk adverse trade. Meaning that as the Asian bourses moved in a weary manner due to mixed results coming from other international equities, the...
Category: Daily Forex Reports
Support & Resistance Levels
USDCAD: This continues to be an interesting pair to watch as many technicians believe the price action on the CAD will be a leading indicator for the rest of the G-7. Here are the Support & Resistance...
Crude Oil Morning Report 15/ June /2010
Crude continues trading within the bullish intraday channel shown above, after it has halted crude’s pivotal neckline 75.75 from attempting to breach it and achieve more upside movement since yesterday.
Major Currencies’ Morning Report 15/ June /2010
EURUSD The pair started its gradual descend naturally within the upside intraday channel shown yesterday, in an attempt to build a base on its support level around 1.2160 currently.
Dollar Tumbles as Investors Turn to Riskier Assets
The Dollar slid against its major currency counterparts following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may...
EUR/USD 1.2202 – 15 June 2010
EUR/USD Open 1.2213 High 1.2298 Low 1.2115 Close 1.2220On Monday Euro/Dollar continued recovering, as expected. The European currency appreciated from 1.2115 to 1.2298 yesterday, in converse with the Interbank sentiment projection, at around -8%, closing the day...
Daily Market Outlook by AceTrader
Market Review – 14/06/2010 21:26 GMTEuro pares gains after Moody’s downgrades Greek bonds to junk levelThe single currency initially traded with a firm undertone on Monday as euro surged above last Friday’s high of 1.2153 to 1.2208...
Crude Oil Midday Report 14/ June /2010
Crude pushed strongly to the upside revisiting resistance for the short term trend at 75.75, carried by the minor ascending channel appearing through the image below.
Major Currencies’ Midday Report 14/ June /2010
EURUSD The Pair rushed to the upside after building a base on 1.2160 while currently touching the resistance for the minor ascending channel that organizes the current intraday upside move. Momentum indicators are showing overbought signs that...
Forexpros.com Daily Analysis – 14/06/2010
ForexPros Daily Analysis June 14, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders await the publication of the German ZEW Economic Sentiment. It determines the sentiment of German institutional investors. Above 0 indicates optimism while below...