EURUSD The pair attempted to breach the awaited support level at 1.2290, where it continues to fluctuate around it. Stochastic provided a negative crossover and accordingly our morning expectations remain intact unless the pair stabilizes above 1.2390...
Crude breached 70.10 and confirmed it with four-hour closing, signaling the start of a possible bullish correction over intraday basis. Trading has stabilized within the minor ascending channel, in addition to signs of a bullish technical pattern...
After recording a new historic high at 1249.00, gold indulged in a downside correction for the last upside wave which started from 1044.00 to the mentioned record.
USD/JPY Open 90.33 High 90.47 Low 89.31 Close 90.22Dollar/Yen traded with a decline at first on Tuesday, in line the Interbank sentiment at around -30%, than recorded recovery. The currency couple depreciated down to 89.31, than rose...
ForexPros Daily Analysis May 26, 2010 Fundamental Analysis: GDP Price Index Traders of the US anticipate the publication of the GDP Price Index. The index measures the annualized change in the price of all goods and services...
Support levels: 1.0650, 1.0539, 1.0458Resistance levels: 1,0858, 1.0990, 1.1100Yesterday, the USD/CAD currency successfully broke the mark 1.0750 and the key resistance level at 1.0779. USD/CAD reached its high at 1.0858 retracing thereafter.
GBP/USD Open 1.4409 High 1.4448 Low 1.4310 Close 1.4406Pound/Dollar traded with a decrease at first on Tuesday, in line with negative Interbank sentiment at around -57%, than bounced upwards. The Cable depreciated yesterday down to 1.4265, from...
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U.S. stocks and EUR pared deep losses to end mostly flat on Tuesday as investors had second thoughts that a festering Euro-Zone banking crisis will spread worldwide and strangle a reviving economy.
EURUSD The main support maintained its stance in front of the pair’s attempts to push upwards to retest the previously broken neckline that has turned into resistance, where it currently ascended towards 1.2390. Stochasticis attempting to show negative signs that...
