Being contained by 1.3793 support, EURUSD rebounds from 1.3804, suggesting that a cycle bottom is being formed on daily chart. However, a break of 1.4338 ...
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Daily Forex Analysis - June 10, 2009
Source: www.forexrazor.com
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Talk of sell orders lying in wait in EUR/USD
Sources report talk of sell orders lying in wait up at 1.3970/80 in...
Bearish momentum gaining in JPY crosses
What had started out as a very quiet day has turned into a bit of a rout on the JPY crosses. EUR/JPY is trading on its lows at 135.70 and dealers report lots of longs liquidating their positions. It seems there is no major news out to drive this but many see the IMF statement on Euro-zone banks as...
USD drifting lower heading into Tokyo open
The USD is uniformly lower early in the session and it is difficult to see where the buy-dollar signals are going to come from. Order books are fairly clear in the EUR/USD until 1.4200-10 where some Sovereign offers are touted. There is also said to be good selling interest in the AUD/USD at .8250...
NFC Technology: What Investors Need to Know
NFC Technology: What Investors Need to Know by Justin Dove, Investment U Research Tuesday, October 4, 2011 Two recent events have likely ushered...
ECB comments continue to lean to the dovish side
The members of the ECB governing council are proving to be some of the people not as convinced by the economic recovery as the markets are. This time it’s France’s Noyer who says that fuctioning of markets has not been fully restored and that the key challenge is restoring confidence...