EURUSDThe pair built a base on 1.2880 to rush and touch the awaited key target at 1.2985. The negativity of momentum indicators is addin g strength to this level and therefore we should witness some fluctuation and...
USD/JPY Open 87.38 High 88.39 Low 86.97 Close 87.41 On Thursday Dollar/Yen continued to drop strongly, in line with the negative Interbank sentiment at nearly -5%. The currency couple depreciated from 88.39 to 87.26 yesterday, closing the...
EURUSDThe pair pushed to the upside achieving yesterday’s suggested scenario that has halted around 1.2950 due to the negativity of momentum indicators. We expect the pair to attempt some minor bearish correction before resuming the expected bullish intraday...
EURUSD The pair breached resistance for the bullish channel that has currently turned into support at 1.2775, shown in the image above. Momentum indicators are still moving in overbought areas, but the stochastic is showing positive crossover...
USD/JPY Open 88.27 High 89.10 Low 87.85 Close 88.43 After an insignificant continuation of the upward impulse, on Wednesday Dollar/Yen began a sharp decrease, loosing all gains from the previous day, in line with the negative Interbank...
EURUSDThe pair continued its upside trend yesterday touching resistance for the bullish channel once again that meets with 50% Fibonacci correction. Momentum indicators are still showing negative signs that maintain chances of a minor bearish correction intact,...
EURUSDThe pair is trading within a narrow sideway range since this morning while negative momentum is still appearing on the four-hour chart below. There is no mentionable change and therefore morning expectations will remain intact if we do...
ForexPros Daily Analysis July 14, 2010 Fundamental Analysis: Initial Jobless Claims Initial Jobless Claims is a seasonally adjusted measure of the number of people who file for unemployment benefits for the first time during the given week....
It is always recommended that before you enter any trade, you should pan through varying chart tenors to see if your entry is supported on multiple time frames. Even when you have no pending entry sometimes you...
EURUSDThe pair attacked the critical 1.2545 support but reversed to the upside to stabilize above it once again. Accordingly our morning scenario is activated and remains valid as far as areas of 1.2470 remain intact.
