The EUR continued its surge on Tuesday highlighting that Monday’s brief decline may have only been a profit taking mode. The fact that the ECB is maintaining a strong inflation stance compared to the Federal Reserve and...
EUR-USD Time: 22:30 Rate: 1.4483 Strategy: short Daily time frame
Greetings. Let’s take a look at the GBP/USD hourly chart. The underlying trend remains potentially bullish and we just hit the 38.2% Fibo retracement level from the last movement up.
Wall Street closed in red territory Tuesday as trade data led some economists to lower forecasts for economic growth and after a survey signalled heightened cynicism among small business owners. After a nearly 150-point drop, the Dow...
U.S Dollar traded mixed wherein the Cable has corrected by more than 60 pips and the Swiss Franc has strengthened by about 100 pips; the Greenback has closed flat against the Common Currency and the Aussie Dollar.The...
The most pressing concern in the commodities market lately has been a fear that the global economy cannot sustain sufficient growth with oil prices reaching above $100 a barrel. Investors witnessed the price of oil drop from...
Market Review – 12/04/2011 20:26 GMT Euro retreats from 15-month high as commodity prices tumble Euro retreated from a fresh 15-month high on Tuesday as the selloff in commodity prices together with the worsening of Japanese nuclear leakage...
Correction of the euro.
Monday was a quiet day on Wall Street. The major indexes finished the day without any significant change. The low trading volume seen in recent weeks shows a balancing out of the bullish and bearish views waiting...
GBP-USD Daily time frame Strategy: short
