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.
Tag: USDJPY
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...
USDJPY Analysis – October 30, 2010
USDJPY’s bearish trend extended to as low as 80.38 level. Key resistance is now at 81.98, as long as this level holds, downtrend is expected to continue and further decline towards 79.75 (1995 low) is expected, only...
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...
USDJPY Analysis – October 23, 2010
USDJPY remains in downtrend from 94.98 and the fall extended to as low as 80.84 level. Resistance is at 82.00 followed by the falling trend line from 94.98 to 85.92, as long as the trend line resistance...
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)...
forex-Metal Market review for 11 – 15.10, 2010
The greenback was under serious pressure during the whole week and the EUR/USD pair has reached new maximums. On Monday the euro continued to trade around its 8-months maximums against the greenback. According to the experts’ opinion,...