Forex Charts

EUR/USD Plunges after Topping Confirmation; Starts...

EUR/USD Plunges after Topping Confirmation; Starts Triangle...

By FXTimes

  Forex Technical Update EUR/USD Still Bullish after ABC Correction; 1.4450 is critical (7/5) EUR/USD - As the market trades into the European session, EUR/USD is being rocked. - The initial stage of the triangle scenario appears to be taking shape. - The 1H chart shows the market after...

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Weekly Forex Update: EUR/AUD

Weekly Forex Update: EUR/AUD

By Autochartist

EUR/AUD is moving down inside the highly Uniform Failing Wedge chart pattern identified by Autochartist on the daily charts. The Quality of this chart pattern is rated at the 3 bar level reflecting the following values of the individual contributing Quality indicators: low Initial Trend and Clarity (both measured...

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EUR/USD Short-Term Update

EUR/USD Short-Term Update

By Alexander Nikolov

EURUSD: 1.4345 Short-Term Trend: weak uptrend Outlook: EUR advanced early last week but once the daily Stochastics got overbought, it declined sharply onThursday and Friday. That is the typical price action when a Flat or Triangle is developing: once the market gets overbought during wave b, it then begins...

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How long will last the crisis in Greece?

How long will last the crisis in Greece?

By Ivan Kitov

In our previous posts, we discussed the evolution of real GDP per capita in selected developed countries. One of striking examples of dramatic changes is Ireland, where we predicted a deep fall many years ago. This prediction was based on the empirically justified concept of constant annual increase in real GDP...

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Over A Year After Being Dismissed As Sensationalist...

Over A Year After Being Dismissed As Sensationalist For...

By Reggie Middleton

There has been a lot of noise in both the alternative and the mainstream financial press regarding potential risk to the ECB regarding its exposure 48 cents on the dollar sovereign debt purchase through leverage at par. This concern is quite well founded, if not just over a year or so too late. In January,...

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EUR/USD Plunges after Topping Confirmation; Starts Triangle...

By FXTimes

  Forex Technical Update EUR/USD Still Bullish after ABC Correction; 1.4450 is critical (7/5) EUR/USD - As the market trades into the European session, EUR/USD is being rocked. - The initial stage of the triangle scenario appears to be taking shape. - The 1H chart shows the market after...

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Short-Term Oulook in EUR/USD

posted 01/29/12
By Alexander Nikolov

EURUSD: 1.3218 Short-Term Trend: weak downtrend Outlook: A week ago I favored longs on a small pullback against the 1.2670 level. Depending on your risk tolerance,...

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Dollar Is Headed Even Lower In...

posted 01/29/12
By Elliott Wave Forecast...

A sharp fall from 81.80 area seen in the past few weeks is impulsive, which means that we have a temporary top in place, likely of a wave...

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EUR/USD Short-Term Update

posted 01/02/12
By Alexander Nikolov

EURUSD: 1.2957 Short-Term Trend: downtrend Outlook: Several weeks ago we favored a short position in the 1.34/1.35 area with a target at 1.2870. The 1.2870...

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Top Forex News

 

2/8/2011 – The Current Market...

posted 08/02/11
By Walid Salh El Din...

The risk aversion sentiment has accelerated containing the markets following the falling of June personal income to 0.1% monthly revising down the figure of May to 0.2%...

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US Debt Ceiling Drama Continues

posted 07/30/11
By DT Trading Limited

Trading in America has been sinking slowly and dragging the S&P 500 Index down with it, to the lowest level in almost two months. Bonds and commodities futures...

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Both Parties Still at Odds...

posted 07/25/11
By DT Trading Limited

Today, Speaker of the House John Boehner announced to legislators that, despite the danger of a veto and the fact that negotiations in Congress are at a dead-end...

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Forex News

24/1/2012 – The Current Market Sentiment

posted 01/24/12
By Walid Salh El Din

The single currency has found strength this week to get over 1.30 psychological level versus the greenback again as the markets have shrugged off the delay of reaching an agreement...

16/1/2012 – The Current Market Sentiment

posted 01/15/12
By Walid Salh El Din

The pressure on the single currency continued in the beginning of this week versus the greenback as the fear of downgrading the credit rating of the EU countries has materialized...

15/12/2011 – The Current Market Sentiment

posted 12/15/11
By Walid Salh El Din

The single currency could find the power to get over 1.30 versus the greenback because of the flash release of Dec EU manufacturing PMI index which has come at 46.9...

9/12/2011 – The Current Market Sentiment

posted 12/10/11
By Walid Salh El Din

The Single currency is still under pressure versus the greenback after the ECB's interest rate decision of cutting the interest rate by 0.25% to be at its previous all times...

Market Undergoes Correction Ahead of Big Events...

posted 10/31/11
By DT Trading Limited

European stocks fell as they corrected after the largest monthly growth since July 2009, as some investors again started to reluctantly buy stocks before Euro zone leaders had a chance...

Merkel Tries to Garner Support in Bundestag...

posted 10/27/11
By DT Trading Limited

Durable goods orders might have fallen in September after the drop in orders from aircraft manufacturers neutralized the successes of such companies as Caterpillar Inc (CAT), which show increasing production...

Europeans Inspire Markets

posted 10/18/11
By Royal Max Brokers

Wednesday was another day of overall positives on the markets: at the end of the day, the EUR/USD pair fixed above 1.3800, adding more than 1.3%. The British pound rose...

Stocks and Commodities Rising

posted 10/11/11
By DT Trading Limited

Today, immediately after American and European stocks jumped up in response to a promise from the German and French leaders to resolve the debt crisis in Europe, Asian stock indexes...

Italy: Three Steps Down

posted 10/06/11
By Royal Max Brokers

In the first half of the day on Tuesday, the dollar continued its advance on its major competitors. Investor uncertainty regarding the situation in the Euro zone due to the...

Steve Jobs Passes Away

posted 10/06/11
By DT Trading Limited

Today, Steve Jobs passed away at age 56 after a six-year battle with a rare form of cancer. He dedicated what was left of his life and health to that...