Forex news 27.2
EUR-USD Date: 26/02/2013 Time: 19:46 Price: 1.3047 Strategy: Short Graph 4 hours Quote previous review:
Month: February 2013
USD/JPY Forecast February 27, 2013, Technical Analysis
The USD/JPY pair fell for the session on Tuesday as the “risk off” markets came back into play. The support in this pair should be rather strong, and we see the 90 handle as being crucial.
USD/CAD Forecast February 27, 2013, Technical Analysis
The USD/CAD currency pair rose above the 1.03 level during the session on Tuesday, but was beaten back by the sellers in order to form a perfectly shaped shooting star. With that being the case, it appears...
GBP/USD Forecast February 27, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, as the gap has finally been filled from the weekend. The candle looks resistive, almost like a shooting star. This market looks like it is almost ready to...
EUR/USD Forecast February 27, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Tuesday as the 1.30 level held up as support. However, this is neither a bullish or bearish candle, and is relatively neutral. The real question then...
AUD/USD Forecast February 27, 2013, Technical Analysis
The AUD/USD pair fell down to the 1.02 level on Tuesday, but as you can see by the chart that quite a bit of buying interest in the general vicinity. The 1.02 level is the bottom of...
Italian Elections Weigh Heavy on Euro
Total disappointment, bordering on total disbelief, in the Italian elections saw investors run for cover and widespread cutting of major “risk positions” in the euro and its crosses. Despite some stabilisation this morning, where the euro has...
Forex news 26.2
EUR-USD Date: 02/25/2013 Time: 22:42 Price: 1.3078 Strategy: Short Graph 4 hours Quote previous review:
Forex Major Currencies Outlook (February 26, 2013)
USD: Bullish Federal Reserve Chairman Ben Bernanke will deliver his semi-annual testimony in Congress during today’s US session and possibly talk about the previously released FOMC meeting minutes, wherein the policymakers showed an inclination for an early...
Trade Setup of the Day: Short GBP/USD (February 26, 2013)
GBP/USD made a huge gap down over the weekend but price pulled right back up and the pair starting to close the gap completely. The previous week’s close is around 1.5241, close to the 50% Fibonacci retracement...