GBPUSD remains in downtrend from 1.6745, the rise from 1.5912 is treated as consolidation of downtrend. Further decline could be expected after consolidation, and a breakdown below 1.5912 could signal resumption of downtrend. Resistance levels are at...
EURUSD moved sideways in a range between 1.3969 and 1.4696 for several weeks. Lengthier consolidation in the range is still possible next week. The price action in the range would possibly be consolidation of downtrend from 1.4939,...
07/08/2011 12:51 UTC USD swings lower as it weakens against the EUR, GBP, JPY, CHF and NZD. Recent mid-term strength indicator reading for USD is 3 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:32 UTC AUD swings lower as it weakens against the USD, JPY, NZD, CHF and GBP. Recent mid-term strength indicator reading for AUD is 6 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:32 UTC CHF swings higher as it strengthens against the AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 5 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:31 UTC GBP swings higher as it strengthens against the EUR, CHF, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 1 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:30 UTC CAD swings lower as it weakens against the USD, JPY, CHF, EUR, GBP and NZD. Recent mid-term strength indicator reading for CAD is 7 out of 8, thus suggesting that the current swing may...
07/08/2011 12:30 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, CHF, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 4 out of 8, thus suggesting that the current swing...
Wall Street closed in green territory, as encouraging data on jobs and retail sales suggested the economy was riding out a recent rough period. The Dow Jones Industrial Average finished 93.47 points higher at 12,719.49, notching a...
07/08/2011 08:15 UTC EUR swings lower as it weakens against the USD, GBP, NZD, CAD and AUD. Recent mid-term strength indicator reading for EUR is 3 out of 8, thus suggesting that the current swing may be...
