Market Review – 25/08/2011 21:58 GMT Dollar gains ahead of Bernanke’s speech at Jackson Hole The greenback rose against other major currencies on Thursday on renewed risk aversion together with the selloff in U.S. and European equities...
Greetings. Let’s pull up the EUR/USD. It looks like we’re forming a potential Contracting Triangle (CT) so once it completes, look for a continuation of the upward movement to a potential price target area of 1.4500 and...
The USD/CAD pair had a very neutral day on Wednesday as the market didn’t get much in the way of news to push it around. With the oil markets being so quiet, there is little to push...
The AUD/USD pair fell on Wednesday as traders still struggle to break above the 1.05 level for any significant amount of time. The pair seems to be still reeling from the recent drop, and it appears that...
The USD/CHF pair rose slightly on Wednesday, but still failed to break above the 0.8000 level – a level that has been massively resistive over the last couple of weeks.
The GBP/USD pair fell on Wednesday as traders sold off the Pound against the Greenback. The dollar had been believed for some time to be about to be weakened by the Fed on Friday as it introduced...
The USD/JPY pair rose on Wednesday, as traders began to sell off the US Treasury market, thus driving up the yield on most notes. As money flow goes, chasing yield is one of the simplest explanations for...
The EUR/USD pair tried to break above the 1.45 level again on Wednesday, but failed yet again. The US Durable Goods numbers came in much higher than expected, and as a result – the Americans sold off...
The Japanese yen (JPY) was pushed back yesterday, as the Bank of Japan (BOJ) unveiled a new fund of approximately $100 billion in order to curb the rising strength of the island currency.
INTRA-DAY USD/JPY: Last Update At 25 Aug 2011 02:18 GMT Range Forecast76.75 / 77.00 Resistance/SupportR: 77.22 / 77.30 / 77.59S: 76.75 / 76.47 / 76.25
