Forex Crunch Elliott Wave: Aud/Usd Ready To Gain Above Parity!?

Elliott Wave: Aud/Usd Ready To Gain Above Parity!?
EUR/USD Dec. 17 – Rising to Higher Range on Hopes
Forex Daily Outlook – December 17 2010
AUD/USD – Holding on to Support
The EU Summit And The EUR

Elliott Wave: Aud/Usd Ready To Gain Above Parity!?

Posted: 17 Dec 2010 04:21 AM PST

The whole price structure on Aud/Usd looks very bullish since the market formed a three wave corrective decline from November highs, followed by a five wave reversal labelled as a red wave 1), which definitely confirms a bullish trend. For the last couple of days the pair was consolidating between 0.9800 region and parity level, [...]

EUR/USD Dec. 17 – Rising to Higher Range on Hopes

Posted: 16 Dec 2010 11:20 PM PST

EUR/USD is rising from the lower range to a higher one on an upcoming agreement in the European summit, and positive hints from China. Will this be enough for a positive close of the week? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar moving up. EUR/USD Technicals Asian session: Active session saw [...]

Forex Daily Outlook – December 17 2010

Posted: 16 Dec 2010 02:00 PM PST

Heads of State from Euro-zone countries are due to meet to discuss the Euro, and in the UK Nationwide Consumer Confidence are some of the highlights of today’s outlook. Let’s see what awaits us today. In the US, The Conference Board (CB), level of a composite index based on 10 economic indicators is about to [...]

AUD/USD – Holding on to Support

Posted: 16 Dec 2010 12:00 PM PST

AUD/USD retreated on the dollar storm, but managed to stay on top of support. How will it end the week?. Here's a quick update on technicals, fundamentals and community trends. AUD to USD above 0.9850 AUD/USD Technicals European / US sessions: AUD/USD traded in range, and managed to hold on despite the stronger dollar. Current [...]

The EU Summit And The EUR

Posted: 16 Dec 2010 07:34 AM PST

In recent days the EURUSD exchange rate has fallen owing to reports from Spain that investors stayed away at its recent bond auction, and concerns that credit rating agency Moody's could downgrade Spanish debt. The EU summit today though is intended to address these concerns and assure the markets that Spain (among other EMU nations) [...]