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1,4162. EUR USD is in an uptrend supported by 1H
exponential moving averages. EUR USD is in a consolidation after the last
bullish movement. |
EUR. The pre-planned long positions from key supports have been implemented with overlap of minimal anticipated target. |
EUR/USD is in a broad consolidation, after bottoming at 1.2331
(Oct.28,2008). Technical indicators are neutral, and trading is
situated above the 50- and 200-Day SMA, currently projected at 1.3064
and 1.3524. |
THE PRICE OF GOLD rose sharply against the US Dollar
on Monday morning in London, jumping 1.6% to a 6-week high at $954 an
ounce as world stock markets also rose yet again. |
1,4221. EUR USD is in an uptrend supported by 1H
exponential moving averages. EUR USD is in a consolidation after the last
bullish movement. |
EUR/USD – The break on Monday above 1.4200 is discouraging for
bears with the 2009 highs by 1.4340 now directly exposed. However trade
remains quite choppy and we still |
Friday's worries receded as the CITI Group found a bridge load to avoid
bankruptcy, sending timid investors back to the buy side of equities.
The MCI World Index was up a respectable 0.9% overnight. |
Increased volatility leads many traders to seeing an increase in
trading opportunities. The huge market swings trigger thoughts of
monumental upside, but also for potential loss especially if traders do
not take the necessary precautions |
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