EURUSD Analysis – November 6, 2010
EURUSD remains in uptrend from 1.1876. The price action from 1.4152 is treated as consolidation of uptrend. Pullback to 1.3800-1.3900 area is expected next week.
Tag: EURUSD
Forex-Metal Daily Analysis – 02/11/2010
The next FOMC quantitative easing measures are driving the markets. Asian and European trading sessions: Euro: On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and decreased to $1.3950.
Forex-Metal Market review for 25 – 29. 10, 2010
The greenback demonstrated diverse trading activity this week. On Monday the EUR/USD pair grew and reached the $1,4000 level. The released Euro-zone industrial new orders showed considerable increase over the predicted data. The stock markets growth also...
EURUSD Analysis – October 30, 2010
EURUSD stays in a trading range between 1.3698 and 1.4152. Lengthier sideways movement in the range could be seen next week, and the price action in the range is more likely consolidation of uptrend.
Forex-Metal Daily Analysis – 28/10/10
The greenback reaches weekly maximums against the euro and the yen. Asian and European trading sessions: US Dollar: Speculations regarding the positive impact from the US quantitative easing policy rendered support to the greenback on Wednesday, which...
Forex-Metal Daily Analysis – 27/10/10
The sterling increased as the positive UK economic activity was released. Asian and European trading sessions: Euro: The EUR/USD pair traded in the range of $1,3900-$1,3980. US Dollar: On Tuesday the greenback showed stabilization against the euro....
Market review for 18 – 22. 10, 2010
During the beginning of the previous trading week the greenback gained some strength against the background of the euro weakening. Expectations for the release of the Euro-zone fundamentals, which were planned to be published on Tuesday, pressured...
EURUSD Analysis – October 23, 2010
EURUSD has formed a cycle top at 1.4152 level on daily chart. The fall from 1.4152 is treated as consolidation of uptrend from 1.1876. Range trading between 1.3400 and 1.4152 would more likely be seen in a...
Forex-Metal Daily Analysis – 21/10/10
The Beige book report showed moderate US economy growth. Asian and European trading sessions: Euro: On Wednesday the EUR/USD rate grew and reached the $1,3856 level. US Dollar: The expectations for the release of the Beige book...
Forex-Metal Daily Analysis – 19/10/10
The risk appetite grew again. Asian and European trading sessions: Euro: Expectations for the release of the Euro-zone fundamentals, which should be published tomorrow, pressured the euro. According to the forecasts, the Euro-zone ZEW survey (economic sentiment)...