Wave analysis of the GBP/USD currency pair. A weekly review
The GBP/USD pair has also formed a structure which resembles a correctional one, being a constituent of abc waves. Though, it should be noted, that unlike the euro, the developing wave
Month: March 2010
Forexpros.com Daily Analysis – 22/03/2010
ForexPros Daily Analysis March 22, 2010 Fundamental Analysis: Existing Home Sales Traders of the US anticipate the publication of the existing home salesreport. It measures the annualized number of existing residential buildingsthat were sold during the previous...
USD/JPY 90.47 – 22 March 2010
USD/JPY Open 90.44 High 90.76 Low 90.34 Close 90.51Dollar/Yen is still caught in the 88.18 – 91.98 range trading on the 3 hour chart. On Friday the currency couple traded within the narrow 90.34-69 range, in converse...
EUR/USD Forex Market moving news by AceTrader
Eur/usd – 1.3538 …http://www.acetraderfx.com Despite early brief drop to 1.3498 on fresh news about the Greek situation n the EU summit at the end of the week,
GBP/USD 1.4963 – 22 March 2010
GBP/USD Open 1.4991 High 1.5256 Low 1.4931 Close 1.5008Pound/Dollar continued dropping on Friday, in converse with the positive Interbank sentiment at nearly 20%. The Cable descended from 1.5256 down to 1.5006, closing the week at 1.5008. On...
Daily Forex Analysis by Finexo.com 22/03/2010
Past Events • German PPI m/m, out at 0.8% versus expected 0.1%, prior 0.8%• CAD Core CPI m/m, out at 0.7% versus expected 0.3%, prior 0.1%• CAD CPI m/m, out at 0.4% as expected, prior 0.3%• CAD...
Is the EUR/USD on its Way Towards a New Low?
After two weeks in which the Euro saw a bullish correction against the Dollar, the EUR/USD pair seems on its way downwards. The pair is currently trading around the 1.3515 level, and a drop of 100 pips...
EUR/USD 1.3523 – 22 March 2010
EUR/USD Open 1.3512 High 1.3626 Low 1.3502 Close 1.3524The swelling budget deficit in Europe and the lack of economic data on Friday pushed the Euro lower, in line with the the Interbank sentiment projection at nearly -17%....
Daily Market Outlook by AceTrader
Market Review – 20/03/2010 01:03GMT Dollar and yen rally on broad-based risk aversion The dollar and Japanese yen rose against most major currencies on Friday as rift between EU and Greece over the Greek aid and a...
USDCAD Analysis – March 20, 2010
USDCAD remains in downtrend from 1.0779 and the fall extends further to as low as 1.0061 level. Deeper decline is still possible after a minor consolidation and next target would be at 0.9900-1.0000 area. Resistance is at...