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Last news and analytics:
Category: Forex News Wire
2013-05-21 07:23:00 GMT+00 8 min. ago
Erasing early decline, the Australian dollar climbed against most major currencies ahead of European deals on Tuesday. The aussie climbed to a 5-day high of 0.9835 against the greenback and a 6-day high of 1.0079 versus the loonie, reversing from ...
Category: Forex Live Analysis
2013-05-21 05:00:09 GMT+00 31 min. ago
Overview: According to previous events, the price has still been trapped between 1.5280 and 1.5215, so it is wise to be careful in this range area around the level 38.2% of Fibonacci retracement levels and 00% (it will form a double bottom). ...
By Mourad El Keddani
Category: Forex News Wire
2013-05-21 07:20:00 GMT+00 11 min. ago
Unemployment rate in Finland increased marginally in April from a year earlier, data from Statistics Finland showed Tuesday. The jobless rate rose to 8.8 percent as expected in April from 8.4 percent recorded in the same month last year. In March, ...
Category: Forex Live Analysis
2013-05-21 04:55:24 GMT+00 35 min. ago
Daily chart: The EUR/USD found resistance at the 1.2883 level, which will not be easy to break due to weakness this pair has shown in recent days. In this chart, this pair is below the 200 day moving average and is forming a higher low pattern, to ...
By Felipe Erazo
Category: Forex News Wire
2013-05-21 07:18:00 GMT+00 13 min. ago
Germany's producer price inflation slowed for the third consecutive month in April, data released by the Federal Statistical Office revealed Tuesday. Producer prices rose only 0.1 percent in April from a year ago, following a 0.4 percent ...
Category: Forex Live Analysis
2013-05-21 04:47:19 GMT+00 44 min. ago
EUR/USD: In spite of the negative news coming from the eurozone, this pair has bounced off the support line at 1.2800. However, the bearish bias is still here: the bounce upwards may proffer an opportunity to sell more expensively. For the current ...
By Azeez Mustapha
Category: Forex News Wire
2013-05-21 07:05:00 GMT+00 26 min. ago
Amid the release of German producer price figures at 2:00 am ET Tuesday, the euro showed mixed trading against other major currencies. While the euro changed little against the yen, it was slightly down against the rest of major currencies. The ...
Category: Forex Live Analysis
2013-05-20 15:01:56 GMT+00 14 hours, 29 min. ago
Today's Support and Resistance levels: R3: 1.5885 R2: 1.5840 R1: 1.5798 Current spot: 1.5772 S1: 1.5750 S2: 1.5710 S3: 1.5681 Technical overview: We have seen the expected correction down to 1.5770 (it has been a little deeper with a test ...
By Torben Melsted
Category: Forex News Wire
2013-05-21 06:56:00 GMT+00 35 min. ago
At 2:00 am ET Tuesday, Destatis is scheduled to release Germany's producer price figures. Economists forecast producer price inflation to ease to 0.2 percent in April from 0.4 percent in March. Ahead of the data, the euro held steady against ...
Category: Forex Live Analysis
2013-05-20 14:48:15 GMT+00 14 hours, 43 min. ago
Overview The H4 chart demonstrates today that silver is approaching the Resistance level 22.60 after it has failed to break the Support area 21.00-20.60 and bounced from it to reverse its bearish move. Currently the metal is approaching the ...
By Hossam Soliman Ali
Category: Forex News Wire
2013-05-21 06:52:00 GMT+00 39 min. ago
The New Zealand dollar gained ground against most major currencies in late Asian deals on Tuesday. The kiwi climbed to 5-day highs of 0.8204 against the greenback,1.5708 against the euro and 84.07 against the yen. If the kiwi rises further, it may ...
Category: Forex Live Analysis
2013-05-20 14:47:07 GMT+00 14 hours, 44 min. ago
The euro is slowly recovering after the fall it experienced on Friday. Given that the pair has tried to break the weekly pivot area and has lost upward force, it is likely to fall again accelerate to the area of 1.28. Taking into account that this ...
By Gerardo Porras Palomino
Category: Forex News Wire
2013-05-21 06:51:00 GMT+00 40 min. ago
Quotes from RBC Capital Markets: -NZD: The RBNZ's two-years-ahead inflationexpectations survey showed inflation expectationseasing for the eighth consecutive quarter to theirlowest level in nearly 14 years at 2.1% from prior 2.2%. ...
Category: Forex Live Analysis
2013-05-20 14:40:51 GMT+00 14 hours, 50 min. ago
Support level around 1.0016-0.9995 (61.8% Fibonacci) provided evident bullish steam for the pair to step above 1.0300 topping at 1.0311. The USD/CAD pair did not show much respect to price zone 1.0250-1.0290 on retesting which took place on ...
By Mohamed Samy
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