Majors

USD/JPY Ceases Downtrend Above 101 For Now

By at 24 May, 2013, 9:28 am

USD/JPY Ceases Downtrend Above 101 For Now

USD/JPY Open 101.99 High 103.58 Low 100.81 Close 101.98 On Thursday Dollar/Yen decreased significantly with 175 pips. The currency couple depreciated from 103.58 to 100.81 yesterday, matching the negative money flow sentiment at under -16%, closing the day at 101.98. This morning the Dollar is trading quietly against the Yen, with movements at the lower …

GBP/USD Firm And Tranquil Around 1.51

By at 24 May, 2013, 7:25 am

GBP/USD Firm And Tranquil Around 1.51

GBP/USD Open 1.5109 High 1.5129 Low 1.5012 Close 1.5105 On Thursday Pound/Dollar increased with 115 pips. The Cable appreciated from 1.5012 to 1.5129 yesterday, in converse with the negative money flow sentiment at around -12%, closing the day at 1.5105. Today the British Pound is trading quietly, with movements at the upper end of yesterday’s …

Majors Daily Forecast 24 May 2013

By at 24 May, 2013, 4:39 am

Majors Daily Forecast 24 May 2013

EUR/USD Trading range: 1.2900 – 1.3005 Trend: Upward Buy at 1.2914 SL 1.2882 TP 1.2991 USD/JPY Trading range: 101.95 – 101.05 Trend: Downward Sell at 101.84 SL 102.16 TP 101.1 GBP/USD Trading range: 1.5065 – 1.5175 Trend: Upward Buy at 1.5076 SL 1.5044 TP 1.5164 USD/CHF Trading range: 0.9705 – 0.9600 Trend: Downward Sell at …

EUR/USD Recovers Most Wednesday’s Losses

By at 24 May, 2013, 4:36 am

EUR/USD Recovers Most Wednesday's Losses

EUR/USD Open 1.2933 High 1.2957 Low 1.2820 Close 1.2930 On Thursday Euro/Dollar increased with 135 pips. The European currency appreciated from 1.2820 to 1.2957 yesterday, not matching the negative money flow sentiment at almost -10%, closing the day at 1.2930. This morning the Euro is trading quietly, with movements at the upper end of yesterday’s …

EURUSD remains in downtrend from 1.3242

By at 24 May, 2013, 3:21 am

EURUSD remains in downtrend from 1.3242

EURUSD remains in downtrend from 1.3242, the price action from 1.2796 is treated as consolidation of the downtrend. Range trading between 1.2796 and 1.2998 would likely be seen in a couple of days. Key resistance is at 1.2998, as long as this level holds, the downtrend could be expected to resume, and one more fall …

USD/JPY Collapses To Two Week’s Low

By at 23 May, 2013, 9:26 am

USD/JPY Collapses To Two Week's Low

USD/JPY Open 103.14 High 103.74 Low 100.81 Close 103.11 On Wednesday Dollar/Yen traded within 140 pip range. The currency couple appreciated from 102.34 to 103.74 yesterday, matching the positive money flow sentiment at over +22%, closing the day at 103.11. This morning the Dollar collapsed against the Yen on stocks sliding, dropping down to 100.81. …

GBP/USD Tumbles Down Towards 1.5

By at 23 May, 2013, 7:30 am

GBP/USD Tumbles Down Towards 1.5

GBP/USD Open 1.5041 High 1.5175 Low 1.5012 Close 1.5043 On Wednesday Pound/Dollar continued decreasing significantly with 150 pips. The Cable depreciated from 1.5175 to 1.5026 yesterday, in line with the negative money flow sentiment at almost -26%, closing the day at 1.5043. Today the British Pound descended slightly further, reaching 1.5012. On the 1 hour …

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Friday, 24 May 2013,