Posts Tagged ‘currency’

One of the currency pair that has been lacking significant attention recently is the EUR/GBP. That could change soon.

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One of the currency pair that has been lacking significant attention recently is the EUR/GBP. That could change soon.

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EUR/GBP Regarding longer term the price it is building a classic triangle and it is not easy to forecast the next step of the price. If the price enters within the next upper control area it could be easy to reach the next couple of figures for sure

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EUR/GBP Regarding longer term the price it is building a classic triangle and it is not easy to forecast the next step of the price. If the price enters in the control area below 0.8220 it is almost sure that the price it is gonna test previous minimums and looking

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Price action on EUR/USD (a 4-hour chart of which is shown) as of Monday (8/16/2010) has made a pronounced bounce off a key uptrend support line extending from the very beginning of the currency pair's most recent prolonged bullish run, the 1.1875 4-year low hit on June 7. This rather

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The downward break of 1.3000 support confirmed the negative scenario, leading euro close to 1.2800 area. EUR/USD formed a sharp rise at the 1st of July, which probably ended with yesterday's sharp decline and the downward move is now likely to be resumed. Sentiment changes in the markets and risk

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Price action on GBP/USD (a 4-hour chart of which is shown) as of Monday (8/09/2010) has consolidated under key 1.60 psychological resistance, thus far unable to breakout out above the 6-month high established on Friday. The bullishness of the last several months has propelled this currency pair from the 1.4227

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Regarding longer term the price did not move from this week range,waiting for the price action .The price it´s building a control area where even a bullish or a bearish movement happens,next time when the price came back to this level it will be tough to go trough it easily. 

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EUR/GBP Regarding longer term the price the price did not move from this week range so we must wait for a solid movement just to check which position our orders should be.  Intraday: There is a clear pattern in development so the price will move either one direction or the

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The hedge fund that bought the euro in June just as it began a 9.7 percent surge against the dollar, now says it's almost time to get out of the currency. The firm, which manages $8 billion in assets, expects the euro's advance from a four-year low on June 7

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