Posted by simontoffel on 24th July 2010
The Aussie and New Zealand Greenback posted unvaried gains crosswise the card, drubbing all its rivals. Fears on BoJ intervention venture coupled with a more hawkish than expected RBA minutes, sparkled a higher venture appetite sentiment in the Asian session.

AUD/USD was lifted substantially, as to modify the rise indicated broad-based resource from upbeat investors. Despite rises, the swell of gains came after the RBA minutes statement at 1.30 GMT. Its maximal even at 0.8785, patch topical soprano pulled mildly downfield to 0.8772, a 1.04% higher than early cozy.
NZD/USD also had an occupied term, after effort finished a similar bullish attack, ascent up significantly as investor’s favoured RBA optimism on Indweller development. The two was capped low 0.7127 (intra-day spiky) yet retentive stable above 0.7000 (ongoing cost), a 0.63% grade from previous confined. Couturier noting also the AUD/CAD, resuming its uptrend by breaking out 0.9200 obstacles, extending its 10-week to 0.9245.
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Posted by simontoffel on 29th June 2010
FXstreet.com (Córdoba) – The recovery of the Dollar against the Yen from 88.55, 7-week low was capped at 88.90. The pair pulled back to 88.70 afterwards but holds more than 20 pips above daily lows. Greenback continues to approach to last month lows that lie around 88.00.
The pair turned bearish after breaking below 88.85 according to Peter Rosenstreich, technical analyst at ACM - Advanced Currency Markets. “Expect rallies to be short-lived from now on, as pockets of selling interest are likely to appear at 88.98 (20 May low), yesterday’s high 89.46, and last week’s pivot level 89.75; with further sellers predicted around 90.00 and the 200-day moving average 90.86”.
Then Yen retreated in the last hours against European currencies but is still up across the board on Tuesday.

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Posted by simontoffel on 29th June 2010
FXstreet.com (Barcelona) - GBP/USD stretched back up, recovering most of the lost ground after a bearish spike rallied the pair down hitting its lowest level at 1.5011 earlier in European morning time. At present, the price hovers around 1.5090, just 10 pips away from completing a full recovery at 1.5102 opening price.
Bulls found the strength to pick up a meritorious “upside momentum” on the back of a wide-spread risk aversion session. Nonetheless, GBP/USD has been reliable on its upward tendencies since smashed at 15-month low at 1.4230 last May 20.
“We may see the pair move up towards 1.5150-200 in the coming sessions over today and tomorrow. There as less chances of a sharp fall below the Support at 1.5018, the 21-week Moving Average. While this holds, we can see an intra-day rise towards 1.5150-55, where there is a trendline Resistance on the Daily, 3-Day and Weekly Candles.

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