After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but...
Crude succeeded in achieving yesterday’s scenario flawlessly stopping at the main target that has signaled to the importance of observing crude at it – $77.00 per barrel -. The importance of this level is the fact that...
EURUSD The pair succeeded in achieving the suggested scenario yesterday flawlessly breaching the neckline at 1.2295, while the daily closing is above it although it stands as a temporary barrier for the bullish intraday channel in front...
EUR/USD Open 1.2317 High 1.2349 Low 1.2169 Close 1.2328On Tuesday Euro/Dollar continued recovering, after a significant, nut not unexpected adjustment. The European currency appreciated from 1.2169 to 1.2349 yesterday, in converse with the Interbank sentiment projection, at...
Crude managed to breach the awaited 75.75 with four-hour closing, activating the bullish intraday scenario targeting 77.00 area. Keep in mind that scattered resistance levels are between 76.50 – 77.00 and could impede crude’s upside movement. We recommend...
EURUSD e pair declined inline with expectations to build a base on 1.2160 and then started the bullish wave supported by positive signs on Stochastic. Our expectations remain intact awaiting the bullish pattern to be activated by...
ForexPros Daily Analysis June 15, 2010 Fundamental Analysis: BoE Gov King Speaks European traders await the speech by, Bank of England governor, Mervyn King. As head of Britain’s central bank, which controls key short term interest rates,...
USD/JPY Open 91.63 High 92.03 Low 91.07 Close 91.56On Monday Dollar/Yen traded at first quietly, than with a decrease, in line with the Interbank sentiment at nearly -59%. The currency couple slightly appreciated to 92.03 yesterday, than...
The 38.2% correction held against the pair’s downside correctional attempts as seen on the daily chart below. The pair rushed to the upside to retest the breached neckline for the bearish pattern at 0.8605.
A mixed day of trading greeted investors entering Monday’s broad markets. The USD traded to the weaker side of its range against the EUR and GBP, but still maintained its better values achieved over the past month....
