GBPUSD traded in a range between 1.5962 and 1.6343 for several weeks. The price action in the range is treated as consolidation of uptrend from 1.5344. As long as 1.5962 key support holds, uptrend could be expected...
EURUSD remains in uptrend from 1.2874, the fall from 1.4035 is treated as consolidation of uptrend. Further rise is still possible next week, and next target would be at 1.4200 area. Support is at 1.3750 followed by...
The GBP/JPY is developing wave C of medium term downtrend – colored magenta in the chart. On smaller scale this wave consists of A and B subwaves (colored yellow in the chart) with subwave B still developing....
Demand for the risky assets drops. Greenback grows.
The USD and EUR provided some fireworks on Thursday taking into context that the two found themselves well within range at the end of the day. The EUR initially began to trade weaker against the USD after...
Hello. Let’s take a look at the GBP/JPY hourly chart. Even though we just saw a big spike up earlier today, the overall trend still potentially remains bearish.
US Dollar appreciated across the board on the event for profit taking in key index of Dow Jones Industrials (DJIA). Dollar Index (DX), March basis has hit critical resistance at 77.35 on NYBOT on March 10, 2011....
Market Review – 10/03/2011 20:45 GMT Euro tumbles after Moody’s downgrades Spanish credit rating The single currency tanked in European session after Moody’s lowered Spain’s government rating on Thursday. Despite the initial brief recovery to 1.3925 in...
The New-Zealand interest rate was reduced for 50 basic points.
Normal 0 false false false Normal 0 false false false MicrosoftInternetExplorer4
