Date: 19.11.2012 Time: 16:56 Rate: 1.5909 4 Hour chart Last Review GBP/USD Forecast- It is possible to see that the last trading day characterized in stoppage of the price on the lower lip of the descending price...
Date: 119.11.2012 Time: 16:30 Rate: 1.2810 Daily chart Last Review EUR/USD Forecast- It looks like the price is stopping on the 1.2678 support level, while it is creating a candle called “Hammer” (at the moment, we will...
CFTC Commitments of Traders Report, 13 November 2012. Once again the currency specs reduced their aggregate USD short position, and this time they took it down to only 5,960 contracts.
Higher-yielding assets, including the euro and Australian dollar, saw modest gains to start off the week yesterday, as hopes that Greece will be able to secure a new round of bailout funds in the near future led...
The Dollar Index is trading at 80.90 with 81.00-81.20 ranges still acting as short term resistance from where is sold off during September last. The benchmark equity index (.DJIA) is trading at 12760 after slipping below the...
The USD/JPY pair fell during the session on Monday, but bounced in order to form a hammer. This hammer sits just below the 81.50 level, and can either be a supportive sign, or a “hanging man” if...
The USD/CAD pair fell during the session on Monday as the parity level offered resistance yet again. However, we see this market has been stuck between 0.99 and parity, and as such aren’t willing to get involved...
GBP/USD rose on Monday, only to fall back down and formed a shooting star. The 1.59 level looks resistive at this point, and it is cause for the buyers to be somewhat concerned in the short-term.
EUR/USD trying to rally through the 1.28 level on Monday, but failed in the end. This has been an area that has been causing quite a bit of headaches for the buyers, and it looks like it...
AUD/USD rose on Monday as the 1.04 handle was tested as resistance. Having said that, this is an area that we would expect to see sellers step back into the marketplace.
