Waiting for Saturday
Elapsing, Friday emerged to be less volatile day on the forex market. This is mostly caused by traders’ wait for forthcoming on Saturday, highly significant data releases from China.
Month: December 2010
EUR Falls on European Debt Crisis
The euro traded near its lowest mark in more than a week against the dollar as concerns over Europe’s debt crisis still linger and dampened demand for the region’s assets. The 16-nation currency also headed for a...
Forex-Metal Daily Analysis – 10/12/2010
The greenback continues its rally. Asian and European trading sessions: Euro: On Thursday the euro strengthened temporarily, and the EUR/USD reached its maximum at the $1,3322 level. Minimums were reached at the level of $1.3190. The euro...
A Delicate Balancing Act
Thursday’s trading continued to mirror the fact that most investors remain quite cautious within the broad markets. The currencies largely turned in a day of consolidated trading, global bourses hovered around known values, and commodities were lackluster....
EUR/JPY Outlook
Greetings. The EUR/JPY has been making slow and steady moves to the upside and this upward action may potentially continue as may also be forming an Ending Diagonal (ED). If this ED pans out, look for a...
Daily FX Market Outlook by AceTrader-10-12-2010
Market Review – 09/12/2010 21:33 GMT Euro falls on lingering Irish debt worries The single currency fell on Thursday as Fitch downgraded Ireland’s sovereign debt rating and Irish opposition party said it would vote against an emergency...
Daily GBPUSD snapshot
As Thursday elapsed, we experienced rather busy but tranquil day for British economy. Main data releases turned out to be virtually equal with forecasted values, which accounts for calm price reaction on them.
Forex-Metal Daily Analysis – 09/12/2010
Tax benefits program supports the greenback. Asian and European trading sessions: Euro: The EUR/USD pair decreased to the level of $1,3190 during the morning trading. The euro drop was limited, since the Ireland budget has been accepted...
Candlestick analysis of the GBP/USD for December 9
On a 4-hour graph the GBP/USD is continuing to move to the upper limit of the downtrend after it failed to break out the support level of 1.5500. The viewpoint is still bearish, since earlier the pair...
Forexpros.com Daily Analysis – 09/12/2010
ForexPros Daily Analysis December 09, 2010 Euro and pound leaning on the bullish side, though they need to break their 61.8% lines to confirm trend. Yen in a large range, stuck between two opposing 50%s.