In this issue: 1. Weekly technical analysis2. First results of the “Jingle Bells” trading competition.3. Get a free ATM card when you open and fund your new trading account with us.4. Representatives Wanted!5. Economic Calendar, Pip value...
Being contained by 79.75 (1995 low) support, USDJPY rebounded from 80.30, and the bounce has extended to as high as 84.18, suggesting that the downward movement from 94.98 has completed. Further rally is expected and next target...
The EUR/USD dropped to new lows. Asian and European trading sessions: Euro: The euro hit new minimums on Wednesday, as the rating agency “Standard and Poor’s” reduced the sovereign ratings of Ireland both long-term and short-term. The...
USDJPY broke above the downtrend line from 94.98 to 85.92, suggesting that a cycle bottom has been formed at 80.30 level on daily chart, and the downward movement from 94.98 has completed. Further rally is expected in...
The greenback reaches maximums against the euro and the yen. Asian and European trading sessions: Euro: The concerns over the possibility that Ireland would ask the European community for immediate financial help, continued to pressure the euro...
During the whole previous week the greenback showed considerable consolidation against the background of the weakening euro. For example, on Monday concerns over the budget deficit of Ireland pressured the euro. The additional negative influence came from...
USDJPY broke above the downtrend line from 94.98 to 85.92, suggesting that a cycle bottom has been formed at 80.30 level on daily chart, and lengthier consolidation of downtrend from 94.98 is underway. Further rally is still...
European counties’ budget problems pressure the euro. Asian and European trading sessions Euro: Growing concerns over the European budget problems continued to pressure the euro. The EUR/USD pair decreased to $1,3850 mark. The rate managed to show...
Most of the previous week saw the high-risk assets’ growth and the greenback was demonstrating a decreasing dynamics. On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and fell to $1.3950.
USDJPY stays below a falling trend line from 94.98 to 85.92, and moved sideways in a trading range between 80.30 and 81.98 for several weeks.
