Sunday, May 29, 2011

DailyMarkets.com - Forex – GBP/JPY Down In Asian Trading Hours

DailyMarkets.com - Forex – GBP/JPY Down In Asian Trading Hours


Forex – GBP/JPY Down In Asian Trading Hours

Posted: 29 May 2011 04:55 PM PDT

Forex Pros – The British Pound was lower against the Japanese Yen on Sunday.<br/><br/> GBP/JPY was trading at 133.33, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 131.44, Tuesday&rsquo;s low, and resistance at 133.80, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.13% to hit 1.6487 and EUR/GBP falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURUSD Opens Higher But Moves Down From There

Posted: 29 May 2011 04:10 PM PDT

The EURUSD opened higher and moved above the trendline in the daily chart, but the price action has not been supportive. The price is looking to test that trendline in the daily chart with a move below the 1.4277 level having the potential of increasing the disappointment in the upside move.
The next target would be the 1.4254 level which would bring the price back in the channel from Tuesday to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – NZD/USD Down During The Asian Session

Posted: 29 May 2011 04:05 PM PDT

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Sunday after the release of N.Z. data on Trade Balance.<br/><br/> NZD/USD was trading at 0.8184, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.7892, Tuesday&rsquo;s low, and resistance at 0.8198, Friday&rsquo;s high.<br/><br/> Earlier in the day, data showed that New Zealand&rsquo;s trade balance rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


New Zealand’s Trade Balance Rises More-than-expected

Posted: 29 May 2011 04:00 PM PDT

Forex Pros – New Zealand&rsquo;s trade balance rose more-than-expected last month, data showed on Sunday.<br/><br/>In a report, Statistics New Zealand said that the trade balance rose to a seasonally adjusted 1113M, from 464M in the preceding month.<br/><br/>Analysts had expected the trade balance to rise 603M last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Down During The Asian Session

Posted: 29 May 2011 03:30 PM PDT

Forex Pros – The British Pound was lower against the U.S. Dollar on Sunday.<br/><br/> GBP/USD was trading at 1.6488, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.6069, Tuesday&rsquo;s low, and resistance at 1.6514, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8670 and GBP/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up In Asian Trade

Posted: 29 May 2011 03:00 PM PDT

Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Sunday.<br/><br/> USD/JPY was trading at 80.84, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 80.71, Friday&rsquo;s low, and resistance at 82.21, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.07% to hit 1.4310 and GBP/USD falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Down During The Asian Session

Posted: 29 May 2011 02:25 PM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Sunday.<br/><br/> EUR/USD was trading at 1.4317, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4014, Wednesday&rsquo;s low, and resistance at 1.4324, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8682 and EUR/JPY falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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