British Pound: The Downside Prevails
May 04, 2009
from DailyMarkets.com
Euro: Under Pressure
May 04, 2009
from DailyMarkets.com
The rally in the Cable is pulling back after Friday’s insufficient volume failed to push the GBP/USD above the highly psychological 1.50 mark and April highs, the two barriers to a lasting uptrend. If... Read More
from DailyMarkets.com
The EUR/USD has just moved below the 100 hour moving average at the 1.3235. The pair moved up initially in early trade last night in NY. Later data out of the region came out weaker that expected.... Read More
from DailyMarkets.com
The EUR/USD has just moved below the 100 hour moving average at the 1.3235. The pair moved up initially in early trade last night in NY. Later data out of the region came out weaker that expected.... Read More
from DailyMarkets.com
The key story this week affecting the Forex markets turned out to be the global economy rather than the U.S. Treasury auction and the Fed’s preliminary bank stress test report. If you had asked me last... Read More
from DailyMarkets.com
The key story this week affecting the Forex markets turned out to be the global economy rather than the U.S. Treasury auction and the Fed’s preliminary bank stress test report. If you had asked me last... Read More
from DailyMarkets.com
USD/JPY Weekly Forex Analysis
May 03, 2009
USD/JPY (a daily chart of which is shown) made some substantial bullish strides this past week after hitting a clear hammer candle at the support low just below the 96.00 price region. What followed... Read More
from DailyMarkets.com
EUR/USD Weekly Forex Analysis
May 03, 2009
EUR/USD (a daily chart of which is shown), despite its continuing bullish breakout attempts this past week, was unable to break and close above a key long-term downtrend resistance line that currently... Read More
from DailyMarkets.com
The US Dollar In The Land Of Uncertainty
May 03, 2009
It’s important to understand the global investment and economic environment to understand what’s going on with currencies. And right now, there’s limited visibility of what lies ahead for world... Read More
from DailyMarkets.com
(Chart courtesy of FX Solutions’ FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red;... Read More
from DailyMarkets.com
Equities regained some of last night’s losses but failed to push on after more re-assuring data from the manufacturing sector both in the US and UK. There’s not a whole lot to say about today so far,... Read More
from DailyMarkets.com
As per the previous post, the USDJPY corrected up to the 100 bar moving average (SEE PREVIOUS POST) and started to move back down. One of two things can happen.now. One, a new low through the 200 bar... Read More
from DailyMarkets.com
Swiss Franc: Turning Down
May 01, 2009
from DailyMarkets.com
Japanese Yen: Capped By A Negative Trend Line
May 01, 2009
from DailyMarkets.com
British Pound: The Downside Prevails
May 01, 2009
from DailyMarkets.com
Euro: Under Pressure
May 01, 2009
from DailyMarkets.com
Australian Dollar: Rebound Expected
May 01, 2009
from DailyMarkets.com
Canadian Dollar: Rebound In Sight
May 01, 2009
from DailyMarkets.com
The GBP/USD was propelled higher today (Friday) from the better than expected purchasing managers index for April (42.9 vs 40.0 exp and up from 39.5 last month). New orders rose to 46.3 from 39.4.... Read More
from DailyMarkets.com
The GBP/USD was able to take advantage of the thin holiday market with Europe celebrating Labor Day as the pair was able to make and hold solid gains. We saw a sharp turn in the RSI below as buyers... Read More
from DailyMarkets.com
Forex markets traded mixed on Thursday. Trading was light ahead of the European holiday tomorrow and participants seemed to use the light trading conditions to move the market in both directions. Early... Read More
from DailyMarkets.com
Australian Dollar: Rebound Expected
April 30, 2009
from DailyMarkets.com
Canadian Dollar: Rebound In Sight
April 30, 2009
from DailyMarkets.com
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