By admin on 09/03/2010
Oil prices reversed a two-day rally and fell sharply on Tuesday, driven by a stronger dollar, a lackluster stock market and rising crude supplies.
6 Vote(s) Read More Oil reverses twoday rally, falls near 80
Related PostOil Rises Above 80, Gold Near Record High on DollarOil falls from eightweek highOil rises to near 81 ahead of [...]
Posted in Forex Master | Tagged 80, falls, near, oil, rally, reverses, twoday
By admin on 07/03/2010
Price action on USD/JPY, a daily chart of which is shown, has just formed a tight consolidation after having made a strong bearish run in late February. This occurs within the context of a continuing parallel downtrend channel that has been in place since the 2009 high in April. Having just respected the upper resistance [...]
Posted in Forex Master | Tagged consolidating, downtrend, near, support, usdjpy, within
By admin on 27/02/2010
Euro and GBP made the quick drop during start of japanese session.they are expected to make downward move during early European and US session and then firm up in the respective sessions.Volatile moves could be big as it is time for derivative expiry and the players could make massive or extreme moves- use hedging to [...]
Posted in Forex Master | Tagged end, extreme, for, month, moves, near
By admin on 23/01/2010
Price action on EUR/JPY, a daily chart of which is shown, has descended all the way down to reach and dip below key support around the 127.00 price region. This occurs within the context of a prolonged sideways trading range that the pair has been entrenched in since at least mid-2009. Currently, bearishness in the [...]
Posted in Forex Master | Tagged eurjpy, key, near, range, support
By admin on 22/01/2010
Pound is falling strongly since Retail Sales disappointing reading. 4 hours charts show pair retreat from 20 SMA has sent the pair back to weekly lows. Despite indicators remain bullish, next candle opening will made both turn down from current levels, supporting further falls. If 1.6110 gives up, pair could extend the fall to 1.6070 [...]
Posted in Forex Master | Tagged gbpusd, low, near, weekly
By admin on 16/01/2010
Price action on USD/CAD, a daily chart of which is shown, has approached a strong support area in the 1.0200 price region, which represents the long-term 14-month low hit in October 2009. This approach of key support occurs within the context of an overall downtrend in the pair. As of early Friday (1/15/2010) New York [...]
Posted in Forex Master | Tagged key, near, support, usdcad
By admin on 20/10/2009
Oil rose above $80 a barrel for the first time since October last year in New York while gold traded near an all-time high as the dollar slipped to a 14-month low against the euro, boosting the investment appeal of commodities.
7 Vote(s) Read More Oil Rises Above 80, Gold Near Record High on Dollar
Related [...]
Posted in Forex Master | Tagged 80, above, dollar, gold, high, near, oil, on, record, rises
By admin on 09/09/2009
Crude oil traded little changed near $71 a barrel after rising yesterday as a slump in the dollar spurred demand for commodities, and as OPEC ministers gathered in Vienna to set output levels.
9 Vote(s) Read More Oil Trades Near 71 as Dollar Declines,OPEC Ministers Gather
Related Post
Canadian Dollar Down as Oil Declines
Gold declines as physical [...]
Posted in Forex Master | Tagged 71, as, declines, dollar, gather, ministers, near, oil, opec, trades
