|
Fibonacci Fan World
News
- EUR/USD Tops Off in the Short-term; A Look at Reversal Targets
The EUR/USD failed to maintain the bullish bias reported in the last update. Instead, after cracking the 1.3311 high, the market fell back slowly below the levels prior to the ECB meeting and then the rising trendline seen in the 1H chart. As the 2/10 European session got under way, the EUR/USD continued lower breaking below the 1.3215 pivot and even pushing below 1.
fibonacci fan 11 Feb 2012 - Concert review: Tool at the Air Canada Centre in Toronto
This tour, sprung out of nowhere, is essentially a nearly $100-a-ticket reminder that Tool exists
fibonacci fan 11 Feb 2012 - EUR/JPY ? A Look at Fibonacci Retracement Levels as 101.00 is Tested
After finding support just above 0.97, the EUR/JPY has been rallying since the last week and is now testing a pivot area from 100.75-101.00. The daily chart shows the market in a corrective rally, with the next target at the 102.60 pivot (also 32.8% retracement of the 111.60-97.02 bear run). Also, note that the RSI is nearing 60.
fibonacci fan 11 Feb 2012 - Market Tone Remains Upbeat After Auctions
NEW YORK (TheStreet) -- The dollar continues to trade on its back foot as markets continue to maintain an upbeat tone after the recent flow of positive news developments. The euro managed to extend Wednesday's high and is currently trading just above 1.291, which also happens to be a key level of resistance. A convincing break would open the door to test the recent high near 1.307, while near ...
fibonacci fan 11 Feb 2012 - Euro Dragged Lower on Greece Uncertainty
NEW YORK (BBH FX Strategy) -- The dollar looks set to begin the week higher as the momentum from Friday's jobs report fades and the market refocuses its attention on Greek. In particular, the dollar moved higher in Asia and into the European session prompted by the failure of Greek political leaders to reach an agreement on European Union/International Monetary Fund demands for further austerity ...
fibonacci fan 11 Feb 2012 - Dollar Index Technical Review
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheLFB-Forex) -- Dollar index trend and momentum reads are creating slow-moving intraday reversals, which seem unlikely to easily change the overall outlook. The dollar may get bought for relative Treasury ...
fibonacci fan 11 Feb 2012
|