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07/03 Doenside Pressure
30In our latest comment last week, we have emphasized the importance of 1.3540 resistance level and the downside move started before reaching that level till 1.3100′s yesterday. Downside pressure still
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EUR/USD 29/02 After LTRO
30It seems like the market has not reacted too much to LTRO which has determined EUR 529.50 financing. We are still around 1.3460′s. It seems like the market has the
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Confusing Markets
30Conflicting with my recent comments last week, an upside move started and early in the morning today, we have seen 1.3292. The upside move is likely to continue till 1.3320.
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16/02 Still Downside
30After our last comment on monday, downside move started from 1.3284 till today’s lowest 1.2993. Below 1.3080, targets are 1.2970, 1.2917, and 1.2870 respectively as intraday levels. For things to
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13/02 Greece Rescues Europe!
30After the voting late at night, Greece saved Europe once more from bankruptcy! It is such a big economy with very rich resources that everytime a minor thing happens to
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31/01 Month Ending
30As we have mentioned last week, 1.3220 is a very critical level for EUR/USD. It seems like the momentum have changed from sellers to buyers for today and even we
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EUR/USD As Expected
30At the beginning of the week, we were expecting the upside move to continue till 1.3150-1.3220 range above 1.3080. After FOMC Meeting, it happened just like we have expected. Now,
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17/01 EUR/USD Downtrend Continues
30Signs of slowdown in downtrend still continues, but the downside move somehow continues. 1.2775-1.2810 and 1.2870 are ciritical levels for intraday. In the daily chart, there’s a downward cahannel which
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More EURCHF Weakness Expected
30Currency traders have been buying up the EURCHF currency cross since yesterday – helping the pair to rise above the 1.1600 big figure. But, this momentum isn’t likely to last
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Is This A Turn For GBPJPY?
30Testing the 128.00 resistance level, EURCHF spot looks be headed for a short term decline. A failure to break above the big figure barrier would support this measure as major
