The GBP/USD pair initially rose during the session on Monday, only to turn back around and fail at the 1.58 level. The weekly chart shows a shooting star from last week, and this move lower during the...
USD/JPY fell for a bit of the Monday session, only to bounce in the end as the 77.50 level held as support. The level is a minor one, but is visible on previous times as well, so...
EUR/USD got an initial pop on Monday as the austerity measures passed in Athens. However, this excitement was short-lived, and the sellers stepped into the markets. The 1.3250 level has been one the market has been flirting...
The US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.80 and 78.20. Though the major trend is bearish, 78.20 may act as important support.Dow Jones Industrials is trading at the last...
Market review for 06 – 10.02, 2012
Last week ended with mixed results as all US stock indices finished lower on Friday. Binary options trading focusing on stock indices probably noticed the strong downtrend apparent in all markets as the DOW dropped 0.69% to...
The euro took a strongly bearish turn to close out last week, after hitting a two month high against the dollar on Thursday. The downward correction was largely attributed to fresh concerns that Greece may not get...
With the US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.40 and 78.20. Dow Jones Industrials is trading at the last year highs of 12900 ranges; DJIA Vs DX correlation suggests...
USD/CAD rose on Friday as the “risk off” trade came back into play. The pair has been very choppy lately, and we are still stuck in the range that has been causing all of the problems. With...
AUD/USD fell on Friday as the concerns out of Europe came back into the forefront again. The pair is very sensitive to risk, and the fall should have been expected. Also, the shooting star at the 1.08...
