EUR/USD rose during the session on Friday as the pair continues to fight tooth and nail at the 1.35 mark. The resulting candle is a shooting star, so it does show just how much trouble the bulls...
EURUSD continued its downward movement from 1.4246, and the fall extended to as low as 1.3421. Further fall is still possible next week, and next target would be at 1.3200-1.3300 area. Key resistance is now at 1.3750,...
EUR/USD rose back above the 1.35 level on Thursday, only to fall back below it. The resulting candle for the session is a shooting star at the bottom of a down move – always a bad sign...
Correction in most of the asset classes coupled with uncertainty in the Euro zone is resulting in stronger Dollar. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound between 81.20...
The pound was pressured by the UK labor market report.
Dollar index continued recovery from the short-term support of 76.70; which resulted in profit taking in most of the asset classes. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound...
The Euro continues its downtrend. The U.S. economic stats contributed to the increase of U.S. Dollar.
EUR/USD fell hard on the Tuesday session as worries about Italian debts continues. The 10 year Italian bond has closed above the 7% level, an area that many people consider “unsustainable”. This should continue to fuel the...
U.S. Dollar advances against the major currencies.
Market review for 7 – 11.11, 2011
