Forexpros.com Daily Analysis – 22/11/2010
ForexPros Daily Analysis November 22, 2010 Forex Analysis GBPUSD 1) Forex Trading Signal For GBPUSD Forex Trend Analysis The trend for GBPUSD this week seems to be bullish (UP)
Category: Daily Forex Reports
A Mixed Outlook for the Dollar
EURUSD After a steep slide, the EURUSD starting recovering in the latter portion of last week, rising from 1.3450 to nearly 1.38. On the way down price broke through the 1.38 support level without much trouble, but...
Monday’s glance at EURUSD.
We are about to experience less volatile and rather steady day on EURUSD chart. Euro didn’t react firmly on Saturday’s news stating that Ireland decided to take a financial aid, to support its banking system. Lack of...
Currencies Confronted By A Storm
After a week of volatile trading across the broad market place, the currencies could be facing another rather tenuous few days. Today there will be very little economic data released globally, which will leave the Irish aid...
Daily market analysis
EUR/CAD: About 3 weeks ago, an important decrease process started for the pair. About a week and a half, a very important breakdown of the support level of 1.3946 changed that support into a resistance.
Ireland Approaching Deal on EU/IMF Bailout
Ireland appears closer to an acceptable agreement regarding an EU/IMF jointly sponsored bailout package to assist its financial bodies with debt. Concern over a debt contagion spreading to the other peripheral economies of Spain, Portugal, and Greece,...
Daily FX Market Outlook-22-11-2010 by AceTrader
Market Review – 19/11/2010 21:06 GMT Euro pares its gains against dollar despite Ireland’s bailout hopeThe single currency rose against dollar as investors expected Ireland would get its bailout in the coming future, however, worries over the...
The technical analysis of the USD/CAD for 19/11/2010
On a 4-hour graph the rollback of the USD/CAD currency pair was limited by the support level of 1.0160. Recently, the pair traded in the range of 0.9980-1.0160. The breakout of the important resistance level changed the...
Short Term Vs. Long Term
The broad markets were dominated by three themes yesterday, foremost were the ‘whispers’ that Ireland is closer to accepting a joint European and IMF bailout for its banking and government debt. Second was the IPO of General...
USD/JPY Analysis
Hello. Let’s take a look at the USD/JPY. When looking at the daily chart – it shows we’re in a downtrend.