EURUSD The pair is moving within a narrow range since this morning within the minor ascending channel that is on its way in forming the right shoulder for the suggested bullish technical pattern in our weekly report...
ForexPros Daily Analysis June 28, 2010 Fundamental Analysis: CB Consumer Confidence Traders of the US anticipate the Consumer Confidence to be published tomorrow June 29. It measures the level of consumer confidence in economic activity. It is...
EURUSD The pair continues to trade within the main bearish channel nearing resistance is currently around 1.2470. This level is vital since its neckline for the bullish technical pattern is close to being completed.
USDJPY stayed in a trading range between 88.14 and 94.98 for several months. Now the pair is moving towards 88.14 key support, a breakdown below this level will indicate that the bounce from 84.82 (2009 low) is...
EURUSD The negative pressure has returned on the pair once again within yesterday’s broken descending channel, as it neared pivotal support 1.2240. Stochastic is still showing positive signs that will maintain chances of achieving morning expectations, if we...
USD/JPY Open 89.61 High 89.97 Low 89.23 Close 89.62On Thursday Dollar/Yen continued decreasing, in line with the Interbank sentiment at around -65%. The currency couple depreciated from 89.97 to 89.23 yesterday, closing the day at 89.62.
EURUSDThe pair inclined sharply, breaching the pivotal resistance of 1.2330 but couldn’t stabilize above it fro long time. The resistance line of the major descending channel is currently valued at 1.2435 represent the technical objective of the...
EURUSD The pair has been moving to the downside since this morning due to the effect of the strength from the pivotal resistance at 1.2330 that is currently forming resistance for the bearish channel that seems to...
USD/JPY Open 89.93 High 90.58 Low 89.49 Close 89.80On Wednesday Dollar/Yen continued descending, in line with the Interbank sentiment at nearly -62%. The currency couple depreciated from 90.58 to 89.79 yesterday, closing the day at 89.80. Today...
EURUSD The pair has attempted to breach pivotal support 1.2240, but was not able to build a base below it to push to the upside to achieve yesterday’s awaited targets flawlessly, as it currently stabilizes at the...
