GBP/USD Open 1.4704 High 1.4743 Low 1.4511 Close 1.4713On Thursday Pound/Dollar continued climbing, in converse with negative Interbank sentiment at around -44%. The Cable appreciated from 1.4398 to 1.4719, closing the day at 1.4713. Today increasing extended...
Crude reached the full targets suggested yesterday and was unable in stabilizing above the more critical resistance over short term basis at 75.75 affected by the resistance for the ascending channel over intraday basis at 69.50. Those...
EURUSD The pair respected yesterday’s expectations and halted the move at the resistance for the descending channel which declined to 1.2120. Momentum indicators show overbought signals, and in addition to the mentioned resistance and 61.8% correction, we...
EUR/USD Open 1.2104 High 1.2142 Low 1.1958 Close 1.2126On Thursday Euro/Dollar continued to recover as expected. The European currency appreciated from 1.1958 to 1.2142 yesterday, in converse with the Interbank sentiment projection, at nearly -10%, closing the...
The EUR/USD pair kicked off during yesterday’s trading session for a second consecutive day this week. Investors turned to buying the Euro after positive economic news in China. The pair received further support by Bernanke, who stated...
Market Review – 10/06/2010 21:34 GMTEuro rallies on optimism over global economic recoveryEuro surged as strong demand for Spanish bonds eased worries if the country could fund its debt in the market while a sharp rise in...
The US stock indices fell on Wednesday after the worries about the global economic growth had refreshed. Dow Jones Industrial Average index dropped by 40.73 points, or by 0.41%, to 9899.25. Nasdaq Composite index lost 11.72 points,...
Crude retested 74.15 and head to the upside activating the morning suggested scenario supported by the 100 MA from below. The intraday expectations are to the upside today towards targets starting from 75.75 which requires stability above...
EUR USD The pair breached the awaited resistance at 1.2045 though hit the 50 MA which restricted the upside movement. Our suggested intraday scenario was activated and the pair is now retesting the breach. Our expectations remain...
ForexPros Daily Analysis June 10, 2010 Fundamental Analysis: Core Retail Sales Traders of the US await the Core Retail Sales publication. It is a monthly measurement of all goods sold by retailers based on a sampling of...
