EURUSD: Reverse On A Hammer, Eyes The 1.3414 Level
EURUSD: Reverse On A Hammer, Eyes The 1.3414 Level

EURUSD: Though testing a new low of 1.3113 the past week, a recovery off that low saw EUR taking back most of those losses and forming a hammer candle pattern (bottom reversal signal) to close at 1.3298 on Friday. This leaves the immediate...

 
GBPUSD: Creates Platform For A Move To The 1.5521 Level
GBPUSD: Creates Platform For A Move To The 1.5521 LevelEURUSD: The pair has reversed more than 50% of its weakness started from the 1.5496 level following a halt in price at the 1.5113 level to close higher at 1.5345 on Thursday. This reversal is significant in two key ways with the first...

 
Forex Daily Outlook – April 30 2010
Moderate changes in the major indexes are foreseen in the U.S. and European markets. The GDP and Employment Cost Index in the U.S. open today’s report. Let’s see what awaits us today.

In the US, Advance Gross Domestic Product (GDP), is the earliest GDP release, measuring the annualized...

 
Storm warning for sterling
Storm warning for sterling timesonline.co.uk As David Cameron prepared for last night’s television debate, there was renewed City support for the Tory leader’s warnings about Britain’s standing in the financial markets. Analysts at BNP Paribas, the French bank, said that this...

 
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