Forex Crunch Bullish Reversal for USD/JPY?

Forex Crunch Bullish Reversal for USD/JPY?

Bullish Reversal for USD/JPY?

Posted: 28 Oct 2010 02:53 AM PDT

Usd/Jpy formed a sharp impulsive downtrend over the past few weeks, from 85.95 top, which was established after the BOJ intervened in September. Obviously, intervention did not work as pair formed a nice five wave, called an impulsive decline with a recent low at 80.40. Always when five sequence is finished, a correction in the [...]

EUR/USD Oct. 28 – Settling in Lower Range

Posted: 27 Oct 2010 11:31 PM PDT

EUR/USD is settling in lower ground after the fall yesterday. Is this just a pause before more drops or is it just an adjustment?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD under 1.3830. EUR/USD Technicals Asian session:  EUR/USD traded rather quietly. Current Range between 1.37 to 1.3830 Further levels in both [...]

Forex Daily Outlook – October 28 2010

Posted: 27 Oct 2010 03:00 PM PDT

Unemployment Claims in the US and Japanese Rate decision are the main events today among more interesting news. Let’s see what awaits us today. In the US, Unemployment Claims, that measures the individuals who filed for unemployment insurance for the first time during the past week is about to rise by 1K. The nation’s earliest [...]

NZD/USD Stabilizes After Rate Decision

Posted: 27 Oct 2010 02:35 PM PDT

New Zealand’s central bank left the interest rate unchanged at 3% as expected. After the kiwi was falling, it managed to stabilize. Update. The RBNZ, led by Alan Bollard, decided to leave the Official Cash Rate at 3%. This followed two consecutive rate hikes. Alan Bollard warned that this tightening cycle would be easier than [...]
Posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)