Video Update: Euro Breaks Resistance on Data, News About Fed
The Euro rallied above 1.3735 for the first time in four-weeks as the worries about Greece receded to end the week, the Euro-zone posted stronger than expected production data, and there was news that San Fransisco Fed President Yellen is set to
EUR/USD Daily Review 12 March 10
EUR/USD Daily Review by the Forex Koala FRIDAY IS HERE!
Fears over the Euro-zone eased slightly
The Euro found support above 1.36 against the dollar on Thursday and had a generally firmer tone, although it was unable to make strong headway as ranges were generally narrow.
US Morning Notes – USD lower, Yellen appointed to the Fed
The USD and JPY are trading lower pressured by improving risk appetite as equity markets rally and in reaction to a Nikkei report that the BOJ may double the size of its quantitative ease, European currencies firm in cross trade to the JPY, EUR s
European Market Update – 3/12/10
- Equities: Markets in Europe opened on a mixed but cautious tone. Sentiment from Asia (ex-Japan) was negative on awash of speculation that China may take further policy tightening action. Core European bourses opened slightly positive except for
Asian Market Update – 3/12/10
-China: Following the higher than expected rise in China’s Feb housing prices, a state media report disclosed that the Chinese government would launch a 5-month campaign (from March to July) to crackdown on illegal speculation in the land market.
Dollar: Retail Sales Pave Way for More Optimism from Fed
Stronger U.S. retail sales numbers helped to drive the dollar higher against all of the major currencies. As usual, we expect the dollar to sustain its gains against the Japanese Yen but the dollar's strength against higher yielding currencies sh
Dollar: Retail Sales Could Trigger Breakouts
It has been an extremely quiet day in the foreign exchange market with currency pairs such as the EUR/USD and USD/JPY confined within a 50 pip trading range. This contraction in volatility has been occurring in the EUR/USD for the past few week
Euro Squeezed Higher as Concerns Over Greece Abate
Euro continued its short covering rally into the weekend, clearing the key 1.3740 level after several European officials lent their support to the creation of a European Monetary Fund that would be able to deal more effectively with future fundin
Evening Signals 12/03/2010
EUR/USDBuy at 1.3771 SL 1.3731 TP 1.3801
GBP/USD
Buy at 1.5146 SL 1.5106 TP 1.5176
Evening forex signals 50 pips daily
Evening Signals - Friday, 12 Mar -2010 11:15 AMEUR/USD
Trend: Upward
Buy EUR/USD at 1.3768 SL 1.3728 TP 1.3798
GBP/USD
Trend: Upward
Buy GBP/USD at 1.5144 SL 1.5104 TP 1.5174
GBPUSD uptrend scenario has proven
Daily elliott analysis on GU


