Market review for 29.08 – 2.09, 2011 After the diverse trading dynamics, by the end of the previous week the greenback reinstated its safe-haven status.
The pair continues to slide towards the highly watch level at 1,40 which might be offering some support.
EUR/USD fell hard on Friday, as the Non-Farm Payroll number disappointed. The pair looks very, very weak at this point, but the range has been established between 1.40 and 1.45 – and as we are getting fairly...
After touching the upper border of the price channel on daily chart, EURUSD pulled back again, suggesting that lengthier consolidation of uptrend from 1.3837 is underway. Deeper decline could be seen next week, and target would be...
The pair is now under pressure after a new fail to establish above 1,45. Daily studies are pointing to further losses over the coming sessions.
The EUR/USD pair fell hard on Thursday, as traders are focusing on the various issues in the European debt markets. The Non-Farm Payroll report comes out at 8:30 a.m. New York time and this pair will certainly...
The pair is now under pressure after a new fail to establish above 1,45. Daily studies are pointing to further losses over the coming sessions.
The Swiss Franc, the Yen and the US dollar remained supported.
EUR/USD fell again on Wednesday as fears over European debt issues reared their head again. The market is fragile at this point, but to be honest – the choppiness has taken a lot of the clear cut...
The US dollar is gaining strength again.