The EUR/GBP has successfully broken through the support level of 0.8626 and presently is declining.Earlier at daily graph the EUR/GBP formed the combination of candlesticks Bearish Engulfing, which indicates the downside motion.
Most of the previous week saw the high-risk assets’ growth and the greenback was demonstrating a decreasing dynamics. On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and fell to $1.3950.
ForexPros Daily Analysis November 09, 2010 Euro, Pound Pulling Back to Next Long Setup. Yen Still in Short Technically we are still in long setups. We are pulling back to the next long, ready for the next...
USD/CAD:For the last few weeks, the pair is navigating and doesn’t have any specific trend. A vain breach occurred during the session of 08-11-2010 and today’s session is likely to be closed above it… CAD/JPY: Actually, the...
Greetings. Pulling up the USD/CHF hourly chart, we see the upward will potentially continue. It seems we’re in a potential Zig Zag (ZZ) corrective movement and have just completed the 2nd wave.
The USD essentially traded in a consolidated range versus the major currencies on Monday on a very light day of data globally. The real story of the day was Gold as it smashed upwards to new highs...
The debt concerns to arise from the euro zone over the past few trading days has put some downward pressure on the 16-nation single currency and reduced demand for other high-yielding investments.
Market Review – 08/11/2010 23:08 GMT Euro sinks against dollar on renewed eurozone debt concern The single currency tanked against dollar on Monday as worries over the budget problems in Ireland and eurozone resurfaced, prompting investors to...
At 4-hour graph the GBP/CHF makes a rollback from Fibonacci correction level 61.8. Earlier the GBP/CHF formed a combination of Bearish Engulfing candlesticks which gives a signal to the downward trend and that confirmed afterwards.
Normal 0 false false false MicrosoftInternetExplorer4 USD/CHF Daily Graph: http://www.real-forex.com/charts-daily/November2010/CHF_DAILY_081110.JPG
