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Saturday, November 20, 2010
Friday, November 19, 2010
RBNZ's bollard on the wire
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Thursday, November 18, 2010
EUR/JPY lowest level in a month
The EUR/JPY sold after the Chinese rise in interest rates as fell EUR/USD and USD/JPY remained relatively unchanged as flight to USD and JPY continue on the cross as perceived the rise in interest rates to slow Asian growth. The couple had broken the 38.2% retracement of moving early September but could find some support in the 100 days Mavg (111.30) before the 50% level if the yen its renewed strength compared to the currency risk and growth continues.
Also the trendline resistance, the couples appreciation throughout 2010, defended that the euro will be its rally continued interest in the event.
Tuesday, November 16, 2010
Tested 50.0% fibo retracement following MPC minutes
We said that the next overhead goal for EUR/USD 1. was 38275… and thats where the pair went after the UK MPC meeting minutes.
Monday, November 15, 2010
RBNZ's bollard on the wire
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Sunday, November 14, 2010
Euro higher
The euro has get a new session a boost over the last hour with EUR/USD to achieve high 1.3810. If this momentum continues, 50.0% line at 1.38275 above is the next target after.
German PPI better than expected at 0.3 %
The market had a limited response to the publication.
Sorry, I could read the content fromt of this page.
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