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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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Forex: USD/JPY: Dollar drops to 95.45 from 96.70 high yesterday

FXstreet.com (Barcelona) - The Dollar has given away part of the ground gained on Monday's rally, as the pair dropped from Tuesday's high at 96.70 to intra-day low at 95.45 on Tuesday's Asian session.next support level lies at the 95.10/20 area, (May 14 low), and below there, 94.70/80, (May 14 low) and 94.55 (May 18 low), on the upside, rebound from current levels could find resistance at 95.90 (May 19 low), and above there, 96.20/35 area and 96.70 (May 19

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Forex: EUR/USD: Euro softens to tests support level at 1.3630

FXstreet.com (Barcelona) ? EUR/USD is weakening slightly as the pair has dropped to test intra-day lows around 1.3635 after failing to break above 1.3715/25 area.The Euro trades at 1.3639 at the time of writing.According to Peter Rosentreich, technical analyst at ACM - Advanced Currency Markets, affirms that the Euro is on a bullish trend while above 1.3557: ?we continue to aim for 1.3740 area, a break past this level would set our sights on 1.3971 within the week. The bias

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Forex Day Trading Strategy

Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close of the trading day. This can occur in any marketplace but is most common in the foreign exchange market and stock market. Many day traders are bank or investment firm employees

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Weekly Volatility

Depuis un certain temps déjà il n'est plus possible de se servir du tableau http://www.mataf.net/fr/outils/volatilite-forex.Cela est il dû à un problème technique ou autre

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USD/JPY breaks Downtrend

FXstreet.com (Jakarta) - The USD/JPY rose for a second day and broke the short-run downtrend. There is important resistance in the 99 area. If this is broken, the uptrend will resume. ?However, if the resistance holds, the USD/JPY may develop a head-and-shoulder formation with bearish short-term implications,? said Hans Nilsson, analyst at CMS Forex. There is support in the 97 area.For more information, read our latest forex news.

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Return to Risk Aversion over Negative U.S Data

EUR/USDAfter yesterday's downward movement, the price of this pair appears to be floating in the over-sold territory on the RSI of the 4-hour chart, signaling that there is still room for an upward correction. The recent bullish cross on the 4-hour chart's Slow Stochastic supports this notion. Going long to ride out the remainder of the bullish correction may be a wise choice today.GBP/USDThe price of this pair has been range-trading within a bearish channel since last week and has

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Fresh Economic Data Release ???

Salut à tous !Pour ceux qui, comme moi, n'ont pas les moyens de s'offrir des flux reuters à je ne sais combien $/mois, il y aurait il un site qui diffuserait (sans trop de délais) les derniers résultats économiques internationaux?J'imagine que la réponse à ma question doit probablement se cacher quelquepart sur le forum... Mais

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