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Research  >  Forex - Technical research 3

Friday,  20 August 2010,  07:14 GMT
Forexyard Daily Forex research by Forexyard Research
Weak U.S Economic Data Pushes U.S Dollar Higher versus Counterparts


The Dollar advanced against most of its major counterparts Thursday as unexpectedly weak U.S. employment and manufacturing data weighed on stocks and other riskier assets, prompting investors to seek the relative safety of the greenback and Japanese Yen. Economic News USD - USD Gains on Poor Employment Data The U.S. dollar gained versus most of its counterparts Thursday as negative economic data deepened concerns that the country's recovery is stagnating, sending investors to the safe haven USD and Japanese yen. Disappointing U.S. employment and manufacturing data weighed on equity markets as well as riskier currencies which are tied to global growth, such as the Australian, New Zealand and Canadian dollars.

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Thursday,  19 August 2010,  07:54 GMT
Forexyard Daily Forex research by Forexyard Research
EUR/USD Continues To Fall in Overnight Trading


After tumbling in afternoon trading yesterday, the EUR/USD continued to drop in overnight trading, reaching as low as 1.2780. Analysts attribute the drop to the euro's inability to stay above the psychologically significant level of 1.2900. Today, the greenback could see some more gains against its European counterpart, should the weekly unemployment claims and Philly Fed Manufacturing Index show growth in the U.S. economy. Economic News USD - Dollar Pares Losses against Yen, Continues to Gain on EUR and GBP After coming dangerously close to again hitting a 15-year low against the yen yesterday, the U.S. dollar appears to have made a steady comeback.

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Thursday,  19 August 2010,  06:51 GMT
AceTrader by AceTrader Research Team
EUR/USD Intra-day signal by AceTrader


Forex signal: Trade fm short side n only abv 1.2843 (NY low) confirms intra-day low made, risks 1.2870/80. INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.2812 Late Update At 19 Aug 2010 06:04 GMT

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Thursday,  19 August 2010,  00:37 GMT
AceTrader by AceTrader Research Team
Daily Market Outlook by AceTrader-19-8-2010


Market Review - 18/08/2010 22:52 GMT Cable rises after the release of BOE's minutes http://www.acetraderfx.com The British pound strengthened against dollar on Wednesday as minutes from the BOE painted a brighter economic picture than expected and dashed market speculation over further quantitative easing.

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Wednesday,  18 August 2010,  07:46 GMT
Forexyard Daily Forex research by Forexyard Research
Euro Gains on Successful Spanish and Irish Debt Auctions


The EUR rose against the US Dollar and came off 7-week lows against the Japanese Yen on Tuesday, helped by solid results of Irish and Spanish bond auctions which alleviated concerns about the heavily indebted Euro-Zone countries. The EUR rose 0.2% against the yen to 109.95 after an early fall as low as 109.10. Economic News USD - Dollar Trades Lower Against the EUR The dollar fell against the EUR on Tuesday, as prospects of more weak economic data from the United States added to worries about a global slowdown and capped gains in stock markets. European shares followed most Asian stock markets slightly higher, although analysts said gains could prove to be fleeting given weak sentiment.

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Wednesday,  18 August 2010,  06:23 GMT
AceTrader by AceTrader Research Team
EUR/USD Daily Market Outlook by AceTrader


Forex signal: Sell on recovery with stop as indicated, break wud risk gain to 1.2900/04 b4 down. http://www.acetraderfx.com INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.2840 Late Update At 18 Aug 2010 06:02 GMT

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Wednesday,  18 August 2010,  00:54 GMT
AceTrader by AceTrader Research Team
Daily Market Outlook by AceTrader-18-8-2010


Market Review - 17/08/2010 22:53 GMT Euro surges on solid demand at European debt auctions http://www.acetraderfx.com Euro rose strongly across the board on Tuesday as solid Irish and Spanish bond auctions eased worries about the ability of peripheral eurozone countries to recapitalize.

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