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You are here: Home / 0 / Archives for November 2011

GBP/JPY Following Through Wedge Breakout to the Upside; Resistance Seen at 122.40

November 29, 2011 by Forex.ch Leave a Comment

The Japanese yen was weak during this week’s bout of risk appetite so far.

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GBP/JPY Following Through Wedge Breakout to the Upside; Resistance Seen at 122.40
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Filed Under: Forex News

AUD/USD Breaks Above Channel Resistance

November 29, 2011 by Forex.ch Leave a Comment

The AUD/USD started the week testing the channel resistance seen in the 4H chart. After a brief period of respect during the US session, the Asian session supported the pair and brought it above the channel resistance.

Read more here:
AUD/USD Breaks Above Channel Resistance
© Copyright actionforex.com

Filed Under: Forex News

EUR/USD Testing Critical Resistance Cluster with Force

November 29, 2011 by Forex.ch Leave a Comment

The EUR/USD stalled at 50% retracement of the 1.3568-1.3212 downswing during the 11/28 US session, which was 1.34. There was a dip below 1.33, but that did not sustain

Originally posted here:
EUR/USD Testing Critical Resistance Cluster with Force
© Copyright actionforex.com

Filed Under: Forex News

EUR/USD Testing Critical Resistance Cluster with Force

November 29, 2011 by Forex.ch Leave a Comment

The EUR/USD stalled at 50% retracement of the 1.3568-1.3212 downswing during the 11/28 US session, which was 1.34. There was a dip below 1.33, but that did not sustain. Another push in the 11/29 Asian-European session brought the EUR/USD back above yesterday’s high, and into a critical resistance cluster.

Originally posted here:
EUR/USD Testing Critical Resistance Cluster with Force
© Copyright actionforex.com

Filed Under: Forex News

Italy borrowing cost soars as euro pressure mounts

November 29, 2011 by Forex.ch Leave a Comment

Italy’s borrowing costs hit a euro lifetime peak of nearly 8 percent Tuesday as pressure on euro zone finance ministers intensified to staunch a two-year-old debt crisis that is blighting the world economy. …

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Italy borrowing cost soars as euro pressure mounts
© Copyright Yahoo Finance

Filed Under: Forex News

USD/JPY Is Losing All Yesterday’s Gains

November 29, 2011 by Forex.ch Leave a Comment

On Monday Dollar/Yen continued increasing with 85 pips. The currency couple appreciated from 77.43 to 78.24 yesterday, not matching the negative Interbank sentiment at under -4%, closing the day at 77.96. This morning the Dollar ascended further against the Yen, climbing to 78.28

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USD/JPY Is Losing All Yesterday’s Gains
© Copyright actionforex.com

Filed Under: Forex News

Markets to Focus on Italy Debt Auction

November 29, 2011 by Forex.ch Leave a Comment

With investor hopes still pinned on the Eurozone’s leadership to craft a solution to the ongoing debt crisis saga, the common currency moved higher against the U.S. Dollar in Asian trading, consolidating Monday’s gains.

Read more from the original source:
Markets to Focus on Italy Debt Auction
© Copyright: dailyforex.com

Filed Under: Forex News

World stocks mixed as ministers meet on euro

November 29, 2011 by Forex.ch Leave a Comment

Asian stock markets climbed Tuesday amid hopes that radical steps are being considered to choke off a debt crisis threatening to rip apart the euro currency union, but European shares opened lower as the …

Continued here:
World stocks mixed as ministers meet on euro
© Copyright Yahoo Finance

Filed Under: Forex News

EUR/USD Classical Technical Report 11.29

November 29, 2011 by Forex.ch Leave a Comment

EUR/USD Classical Technical Report 11.29

Read this article:
EUR/USD Classical Technical Report 11.29
© Copyright Yahoo Finance

Filed Under: Forex News

NZD/USD Classical Technical Report 11.29

November 29, 2011 by Forex.ch Leave a Comment

NZD/USD Classical Technical Report 11.29

Excerpt from:
NZD/USD Classical Technical Report 11.29
© Copyright Yahoo Finance

Filed Under: Forex News
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