Archive for the ‘Market Analysis’ Category
Forex Daily Analysis and Pivot Points
The trend remains strong as a couple's failure to close below support at 1.3860 suggests that the recent dip can be technical. Rising moving averages point to further gains in tandem with the first goal in this week's high of 1.4035, followed by the 1.4280 high in November. A move below 1.3860 could encourage the sale to support 1.3740. (more...)
China to help Europe?
We have seen repeatedly in recent times, as recent developments in the forex was heavily determined by the European sovereign debt crisis. In practice, European countries, driven by trade unions, have increased dramatically in public spending, amassing a total public debt that goes well beyond any notion of sustainability. This created a heavy atmosphere of distrust against the euro and lead in short, a chain of defaults of sovereign states in Europe. (more...)
Tags: China seems, Europe Currency, European finance, Forex
Forex depends on the real economy
The trend of forex is not only financial alchemy, predicted by the charts and instruments in the hands of forex analysts, is also a direct consequence of the real economy. Read the rest of this entry »
Tags: economic area, forex analysts, Forex news
USD / JPY 83.19 maximum recorded
The USD / JPY had a significant upward momentum in the trading session yesterday and reached a high and 83.19 to close at 82.83. This keeps my bullish forecast for the dollar-yen. The goal remains the 84.40 level. Read the rest of this entry »
Tags: currency news, usa trade
Technical analysis forex currency pairs
EUR / USD
The intersection met the expected outlook. The euro reached a significant rise at the beginning of the market and then went into a correction. In the short term, the pair can maintain this bullish tone. The media key is 1.3670 while the upward resistance levels would be 1.3740, 1.3800. We believe that today, the pair could continue to extend gains. The immediate objectives are located at 1.3740, 1.3800 Read the rest of this entry »
Tags: currency, Forex markets, Technical analysis, Trading
Analysis EUR / USD 27-Jan-2011
The EUR / USD continues upswing with resistance towards 1.3800 again yesterday but have a record day on which swing movements. And I think that the bullish sentiment could be widely exploited and about to run
Out to a potential downward correction due to the diminishing power of buyers and divergence that is forming in the CCI indicator H4 graphics. Read the rest of this entry »
Tags: Analysis EUR, Forex news, traded currency
Forex Trading – Euro Dollar to 1.3250
In the Forex market factors now influence the exchange rate Euro Dollar. Yields on ten-year U.S. back to 3% after six months, a factor supporting the dollar and, conversely, is negative for ‘euro, is intended to go back under $ 1.30. Read the rest of this entry »
Tags: Exchange rate, forex market, Forex news, Market Analysis
Technical Analysis GBP / USD
In the Forex market becomes interesting technical analysis of the cross Dollar Pound (cable). The exchange rate sterling dollar on the daily chart is under pressure from bearish U.S. dollar falls to support dynamic long bullish channel that until now had supported the rise in prices. Unlike the cross eur / usd, which has already broken the downward long-term bullish channel, in this case we still have a chance to see a bounce towards the media center Bollinger. Read the rest of this entry »
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Scotiabank is committed to disclose in a timely, accurate and balanced all the information about it, and give fair and equal access to this information. On early disclosure of information, the Bank will comply with the law and regulatory bodies. This statement explains our policies and disclosure practices. Read the rest of this entry »
Trichet will face tough questions
The greenback again lost ground against the EUR and GBP, as in the international stock market is showing an increased appetite for risk, which was reflected in the movements of the stock. Portugal managed to make a successful auction of bonds and, apparently, the results were good enough to appease the restless spirits of investors, at least temporarily. While yesterday unveiled little significant economic news in the United States was published on Crude Oil Inventories, which determines the weekly increase in the number of barrels of American oil companies have in inventory, and showed a further decline. You knew the USDA crop report, which showed a slight reduction in the size of U.S. crops, a result that caused the increase in prices of various commodities. During the day today will be a strong combination of events, which could promote a rapid international trade. Read the rest of this entry »
Tags: American oil, Australian dollar rate, Bank news, British currency, stock market
