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...
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...
Hello. Let’s take a look at the USD/JPY. When looking at the daily chart – it shows we’re in a downtrend.
USD/CAD: A great opportunity to go “Long” on a daily traded which may be launched on today’s trading session.EUR/JPY: For the last two month, the pair is navigating between the support of 115.2 and the resistance 116.64....
The EUR appears to be gaining traction against most of its currency rivals as concerns over Ireland’s debt begins to ease. However, the euro zone does not appear to be out of the woods just yet. Analysts...
Market Review – 18/11/2010 23:01 GMT Euro rises on optimism about an aid package for Ireland from IMF/EUThe single currency rose on Thursday due to optimism over a possible IMF/EU rescue plan for Ireland and the solid...
After completing a full positive Elliot cycle, made up of five waves, the New Zealand dollar – United States dollar pair is expected to have a correction movement, which, according to the Elliot wave theory should move...
AUD/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/AUD_DAILY_181110.JPG
ForexPros Daily Analysis November 18, 2010 Euro Heading to Next Setup, Pound in Short, Yen In Long Euro: On daily, bouncing off next 50% traditional long at 1.3430. with target at 1.4679.
The markets witnessed a day of consolidation across the boards on Wednesday as investors took a pause to reflect on the gyrations from the past few days. The USD waffled against the major currencies as it displayed...
