Show full picture. EUR/JPY. The move to positive sentiments exhibited by investors over the past couple of days has also positively influenced the euro – Japanese yen pair that, for the most part, moves in positive coordination with the … View full post on EUR/JPY – Google Blog Search
May 20th, 2011
Moneygrows » Blog Archive » AUD/USD Elliott wave count and …
AUD/USD has probably finished wave C of medium term downtrend – 1.0888-1.0504, and now we have a corrective wave that is developing. The targets of the upmove are Fibonacci retracements of 1.0888-1.0504, 1.1011-1.0504, and expansions … View full post on AUD/USD – Google Blog Search
May 20th, 2011
Moneygrows » Blog Archive » EUR/GBP candlestick analysis for May …
The EUR/GBP currency pair has found demand again while declining to the 0.8650 support level, to roll back further. Earlier in a daily graph the EUR/GBP formed a Long Shadows candlestick indicating further downside movement, … View full post on EUR/GBP – Google Blog Search
May 20th, 2011
Moneygrows » Blog Archive » USD/CAD technical analysis for May 18 …
In a 4-hour graph the USD/CAD has declined slightly after it successfully tested the resistance near 0.9721. As mentioned before, in case it is broken we should expect upside movement to 0.9972. Further break of 1.0380 will denote that … View full post on USD/CAD – Google Blog Search
May 20th, 2011
Moneygrows » Blog Archive » GBP/USD candlestick analysis for May …
The GBP/USD currency pair has rolled back after it could not break the support level at 1.6164. Nevertheless, the viewpoint at the pair is still bearish. Earlier in a daily graph the GBP/USD formed a Dark Cloud Cover candlestick … View full post on GBP/USD – Google Blog Search
May 20th, 2011
Forex Trading's Room » Blog Archive » NZD/USD Forming a Head and …
NZD/USD Forming a Head and Shoulder and Challenges Bullish Momentum. May18. The NZD/USD is seen in the every day draft combining a head and shoulder with the neckline rounded off at 0.78. Note the RSI celebration of the mass contrast 40 … View full post on NZD/USD – Google Blog Search
May 19th, 2011
Daily Forex News » Blog Archive » Forex Trader Tip: EUR-AUD Daily …
Forex Trading News Daily Update When you are just starting out in the forex trading market. View full post on EUR/AUD – Google Blog Search
May 17th, 2011
Forex Trading's Room » Blog Archive » AUD/USD Forms Short-term …
AUD/USD Forms Short-term Double Bottom. May16. The AUD/USD finished a stand in bottom when violation on top of 1.0590. Note additionally which the marketplace is solution a bullish divergence. A settlement dermatitis projection targets … View full post on AUD/USD – Google Blog Search
May 17th, 2011
FX Son » Blog Archive » US News
The USD had a mixed overnight despite downgrades in Q1 GDP forecasts and a rally in US treasuries; CHF, JPY, and EUR were the biggest gainers in G10. US trade data was weak; and the monthly budget statement showed a widening deficit. … View full post on CHF/JPY – Google Blog Search
May 16th, 2011
FX Son » Blog Archive » USD/CHF testing daily resistance @ 50.0 …
With a session high of .98377, the USD/CHF came awfully close to the 50.0% line on the daily move from April 1st highs to the low on May 4th; Friday’s high also tested the .89454 level. If resistance continues to hold, on an hourly … View full post on USD/CHF – Google Blog Search