posted by
ooogleemooglee
1444 days ago
in Daily
Forex Market Commentary for June 12, 2008 by Cornelius LucaGFT Daily Market Commentary The dollar fell on Wednesday on profit taking, but the decline w...
posted by
nancypants
1444 days ago
in CAD, Fundamental, Inflation
The Canadian dollar rose the most in two weeks on speculation surging energy and food costs will prompt the central bank to raise interest rates later this year.
posted by
PrettyUgly
1444 days ago
in USD, Retail Sales
Retail sales jumped by the largest amount in six months in May as 57 million economic stimulus payments helped offset the headwinds buffeting consumers.
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
EURUSD Comment: Inching below the thin Ichimoku 'cloud' by moving sideways across the page and too many appear confident that first support at the 1.5400 area will hold. We feel this is likely to break and our downside target will probably be 1.51...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
The Euro failed to hold its gains into the 1.55 zone and collapsed on today's Asian session, testing bids around 1.5460. Intraday support is seen at 1.5460 backed by a rising trendline at 1.5385 and the recent lows into the 1.5370 zone. On the ups...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
The Pound nearly settled against the Yen around the 209 levels yesterday since it wasn't able to reach the target at the 211.10s level, the pair is still targeting that level as long as the 208.96 remain intact on intraday basis, the momentum indi...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
The pre-planned breakout variant for sells has been realized but with a loss of several points in attainment of minimal assumed target. OsMA trend indicator having marked the preservation of activity parity of both parties as before supports the v...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
EUR/USD The pair has set a local top at 1.5844 completing the corrective structure from 1.5283. Technical indicators are falling. The 50- day SMA is currently projected at 1.5638....
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
The AUD/JPY is still in its upward trend channel. The cross through the 100.51 level gave the currency a further long push as the pair had resisted crossing the level twice since the end of 2007. This break might indicate an increasing trend towar...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
After recovering some of its losses yesterday, the British Pound today headed downwards against the US Dollar again from 1.9661 to 1.9512, which are the first resistance and support levels respectively for the currency couple today. If the negativ...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
EUR/USD The pair has been trading within a wide range with high volatility for a while now. It appears that the bearish price movement might be back. The Slow Stochastic of the 4 hour chart indicates an upcoming test of the 1.5400 level. If that l...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
EUR/USD-market strategy can be a sell till the level 1.5405$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines after a bearish crossover below the zero l...