Forex Crunch EUR/USD Oct. 27 – Lost Support

Forex Crunch EUR/USD Oct. 27 – Lost Support

EUR/USD Oct. 27 – Lost Support

Posted: 27 Oct 2010 12:20 AM PDT

EUR/USD dropped to lower ground losing an important support line. Important American releases are due today. Will Euro/Dollar drop further today?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD under 1.3830. EUR/USD Technicals Asian session:  EUR/USD held on to 1.3830 for some time, but eventually fell. Current Range between 1.37 to 1.3830 [...]

Gold Bullish in Near Term

Posted: 26 Oct 2010 11:48 PM PDT

Gold should be headed higher in the very near term, at least towards the 1360, as we anticipate at least three wave move on the upside from 1315 lows; either you count a decline from 1387 highs as a five wave move or a complex double zig-zag correction. Guest post by Gregor Horvat Gold was [...]

Fundamental Overview – Market Movers Last Week – 10/25/2010

Posted: 26 Oct 2010 04:00 PM PDT

The U.S. Dollar staged a corrective rally last week after several weeks of declining against the other major currencies. The Greenback rose against all of the other majors, with the sole exception of the Japanese Yen against which it fell a mere three pips. The U.S. Dollar Index gained + 0.43 points last week to [...]

Forex Daily Outlook – October 27 2010

Posted: 26 Oct 2010 03:00 PM PDT

US Durable Goods Orders, American New Home Sales and Japan’s Rate decision are the major events on this busy day. Here is an outlook on the market movers today. In the US, Durable Goods Orders –a Drop of 1.3% in New Orders for Durable Goods was witnessed last month due to volatile transportation equipment of [...]
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