le cable trade forex

Forex: GBP/USD rises to reach 1.5130, highest since January 11

FXstreet.com (Barcelona) - After rising around 100 pips from 1.5025 in the early European morning, the GPB/USD has reached the 1.5130 level, fresh 15-weeks high. Currently, the pair is trading around 1.5110/20 after rising 0.55% so far today from opening price at 1.5035.Yesterday, Cable won 0.65% form opening price at 1.4935, reaching 1.4835 as lowest and 1.5050 as maximum, to close the day at 1.5030.The Swiss e Trade Strategy Team says: Cable is trading in an unbroken uptrend this European

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US Stocks rose; JPY and USD weakened

FXstreet.com (Córdoba) ? Markets in the U.S. rose recovering part of Wednesday losses. Dow Jones finished at 8331 an increase of 0.56% for the day. Nasdaq rose 1.50%. This happen on the day that Wal-Mart reported an increase in first-quarter sales and that initial jobless claims showed an increase in job losses reaching 637,000 for the week ended May 9. Mix data that wasn?t enough to extend the downside rally in Wall Street. In this scenario riskier currencies rose across

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Forex: GBP/USD recovers its initial losses and rises above 1.5900

Fxstreet.com (Barcelona) - After finding support at 1.5835, intra-day low, (coming from its 95 pips decline from 1.5930 in the Asian session) Cable has begun to rose to take levels above 1.5900. Currently the pair is trading around 1.5915/15, 0.05% above todays opening price action.The Kshitij Consultancy Service Team affirms: Cable has moved in a narrow band of 100 pips during the day. There's immediate Resistance at 1.5945 and beyond that it might try to move towards 1.6050 and face

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Forex: GBP/USD rises to reach 1.5130, highest since January 11

FXstreet.com (Barcelona) - After rising around 100 pips from 1.5025 in the early European morning, the GPB/USD has reached the 1.5130 level, fresh 15-weeks high. Currently, the pair is trading around 1.5110/20 after rising 0.55% so far today from opening price at 1.5035.Yesterday, Cable won 0.65% form opening price at 1.4935, reaching 1.4835 as lowest and 1.5050 as maximum, to close the day at 1.5030.The Swiss e Trade Strategy Team says: Cable is trading in an unbroken uptrend this European

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EUR/USD rose at Asia Session

FXstreet.com (Jakarta) - The EUR/USD rose as the eurozone services and manufacturing composite PMI contracted at the slowest rate in six months indicating the eurozone economic slump may be easing. ?The short-term trend for the EUR/USD is negative; however, the pair traded above the 1.30 handle and may test the diagonal 1.32-area resistance,? said Hans Nilsson, analyst at CMS Forex. If this resistance is broken, the chart pattern will turn bullish. Support exists in the 1.29 area.For more information, read

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