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Forex: EUR/USD falls to 1.3000

FXstreet.com (Córdoba) ? Dollar gain momentum and is rising across the board. EUR/USD fell more than a hundred pips sharply from 1.3150 to 1.3000 after the pair failed to brake above 1.3155. Next support after 1.3300 is at 1.2970. The movement followed reports of a 6.0 magnitude earthquake that hit Mexico, near Acapulco. The stocks in the USA turn and now are down. Dow Jones Industrial Average falls 50 points after worries about the swine-flu increased. For more

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Sterling showed some bullish divergences

!--TITOL: h1Sterling showed some bullish divergencesFITITOL--FXstreet.com (Buenos Aires) - GBP/USD, slightly bearish still inside previous week range, indicators show some bullish divergences, suggesting a probable upside correction before further continuations in the pair. br /br /a href=?http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.html?Valeria Bednarik, collaborator at FXstreet.com/a said: ?1.5100 should hold the downside at least at a first attempt, followed by past week low at 1.5058.? Break under this last, will accelerate downside momentum, with 1.5000 as a good target for the movement.br /br /br /For

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EUR/USD; good risk/reward

FXstreet.com (Barcelona) - Eur/$ continues to chop in tighter and tighter ranges since the Oct low at 1.2335, supported by the bullish trendline since that low (currently at 1.2525), and capped by the bearish trendline from Dec (currently at 1.3330). Note that the market has reversed lower after the earlier spike above that resistance (also a 50% retracement from the March 19th high at 1.3735), potentially forming a bearish ?false break?, and raising potential for declines back to the

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Forex: USD/JPY tests 98.50 again

FXstreet.com (Barcelona) - USD/JPY has risen around 75 pips in the early American morning from 97.83 to the currently 98.60. Today the pair has won 0.80% from the opening price at 97.79.According to Valeria Bednarik, FXstreet.com collaborator, USD/JPY is bearish: Still bearish, the pair is unable to regain the 98.40/80 zone, that defended the bullish bias past days. With momentum and CCI clearly to the downside, clear movements under today?s low of 97.65 will send the pair to test the

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Forex: EUR/USD falls below 1.3600 again; Wall Street falls further

FXstreet.com (Barcelona) - After rebounding from 1.3570 support and rising above 1.3600 and reach 1.3660 level, the EUR/USD is falling again, currently the pair has lost 75 pips to reach 1.3585. The pair is declining 0.60% so far today from opening price action. US Stock market is falling on concern in economy.Dow Jones is declining 2.20% so far today, S&P 500 falls 2.54% and the Nasdaq index is losing 2.54% during its session.According to Michael J. Malpede, analyst at Easy

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US Mar personal income falls 0.3%, spending down 0.2%

FXstreet.com (Barcelona) For more information, read our latest forex news.

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Trading Ideas - Unemployment Rate, Personal Consumption Expenditure, Personal Income - August 29th

Hello everybody,This is the last day of August. We have some interesting events today in the calendar. 9:00 GMT: Unemployment rate. The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack o

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Trading Idea - Ppi In Europe, Personal Income And Spending In The Usa - 4th August 2008

Hello,In the economic calendar today we have some interesting events in Europe (EUR) -Producer price index- and USA (USD) -Personal comsumption index, personal income and presonal spending-Last week the non farm payrolls (NFP) didn't have any effect on EURUSD, today we have an other occasion to break the support.[attachment=2189:eurusd.png]EUR

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Forex: USD/CHF falls close to 1.1050 after testing 1.1090 resistance

FXstreet.com (Barcelona) - After rising around 90 pips from 1.1000 to reach intra-day high at 1.1090, the USD/CHF has begun to fall reaching 1.1030 level. Currently the pair is trading around 1.1054/60, 0.25% above today's opening price.Valeria Bednarik, FXstreet.com collaborator, says: Slowly regaining the upside, pair is slightly bullish with indicators supporting upside continuation if manages to break above today?s high. 20 SMA has lost bearish slope in the hourly, still, bigger time frames remain generally bearish. Support levels: 1035

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