AUDUSD Analysis – April 10, 2010
AUDUSD stays in a rising price channel on daily chart and remains in uptrend from 0.8577. Further rise to test 0.9404 key resistance is expected next week. Support is at the lower border of the price channel,...
Month: April 2010
GBPUSD Analysis – April 10, 2010
GBPUSD broke above 1.5382 key resistance, suggesting that the downtrend from 1.6875 has completed at 1.4784 already. Further rally would more likely be seen in next several weeks, and target would be at the upper border of...
EURUSD Analysis – April 10, 2010
EURUSD might be forming a cycle bottom at 1.3267 level on daily chart. Key resistance is now located at 1.3590, a break above this level will confirm the cycle bottom, then further rally to test 1.3817 resistance...
Fractal analysis of the euro-yen and the pound-yen pairs. Trading recommendations
Speaking about the EUR-JPY pair we were watching a price reach the key level and make an upward pullback in the result of which by far there are no vivid initial conditions in H1 scale for a...
USD/JPY 93.49 – 9 April 2010
USD/JPY Open 93.43 High 93.78 Low 92.84 Close 93.38The Dollar started gaining against the Yen on Wednesday, in line with the positive bank sentiment for Dollar/Yen at around +6.5%. Yesterday the currency couple dropped to 92.84, from...
EUR/USD Intra-day signal by AceTrader
Eur/usd – 1.3413 …http://www.acetraderfx.com The single currency rebounded in European session on active short-covering as Greek/German 10-year govt. bond yield spread narrowed by 20 basis points to 413 together with the around 1% rise in European shares....
GBP/USD 1.5300 – 9 April 2010
GBP/USD Open 1.5358 High 1.5346 Low 1.5140 Close 1.5359Pound/Dollar continues wavering this week, including on Thursday, not in line with the negative Interbank sentiment at around -18%. The Cable dropped yesterday from 1.5276 to 1.5140, closing the...
Daily Forex Analysis by Finexo.com 09/04/2010
Past Events • USD Unemployment Claims, out at 460K versus expected 434K, prior 442K (revised)• GBP Halifax PMI, out at 1.1% versus expected 0.6%, prior -1.6% (revised)• GBP Manufacturing Production, out at 1.3% versus expected 0.7%, prior...
Greece Concerns Allayed by ECB; EUR Rebounds
The Euro was provided assistance earlier today when the European Central Bank (ECB) announced that interest rates would be held steady – as was expected – and that there was little fear of a sovereign default by...
EUR/USD 1.3363 – 9 April 2010
EUR/USD Open 1.3358 High 1.3380 Low 1.3282 Close 1.3359The depreciating on the Euro continues as concerns about Greece persist. Euro/Dollar dropped from 1.3376 to 1.3282 yesterday, in converse with the the Interbank sentiment projection at around +4.3%,...