Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a major catalyst to make their decisions.
INTRA-DAY USD/JPY: Last Update At 23 Aug 2011 02:15 GMT Range Forecast76.65 / 76.90 Resistance/SupportR: 76.93 / 77.22 / 77.30S: 76.57 / 76.25 / 75.95
Greetings. Let’s pull up the NZD/USD chart. As we can see, we had a nice move down through August followed by some upward movement. We broke down from the bottom trend line and now it appears we...
Market Review – 22/08/2011 22:00 GMT Euro retreats on risk aversion The single currency pared its early gain Monday on risk aversion due to the retreat of U.S. equities. Investors are focusing on the August 26 conference...
In this article we will talk about the perigee and apogee of the moon and the influence they have on the events in the financial market. Is there any connection between these astrological moments and the methods...
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
Today’s publications are set to be euro-heavy. Liquidity will likely be higher in today’s early trading as several European events are being published in rapid succession. Most significant will be the publication of France and Germany’s flash...
Market Review – 20/08/2011 03:25 GMT Yen surges to a fresh all-time high against dollar before recovering The Japanese yen briefly rallied to a new record high versus the dollar on Friday on comments from the Japanese...
The USD/CAD pair had a wild day on Friday as the market sold it off, and then bought it later. The resulting candle looks somewhat similar to a hammer, but is in the middle of consolidation.
The AUD/USD initially rose on Friday, but was pushed back at the 1.05 level as trader began to sell off everything risk related again. The pair now sits a little bit above the 1.03 area, which could...