|09-10-2014, 06:21 PM||#1|
Pairs consolidate after a stronger dollar against the yen
Currently throughout the US session the major pairs along with the dollar and the yen are consolidating so far mainly on pure technical and correctional after that the dollar reached its strongest in almost six years against the yen as Treasury yields increased on speculation U.S. economic reports this week will support a further interest rates raise of the Federal Reserve next year.
Now the euro is presently narrow trading on the four and one-hour charts as a result of the current technical movements sending in fact the EUR/USD pair to trade up around $1.2915 while recording the highest level of $1.2924 and lowest level of $1.2859, knowing that the pair may incline but slightly as mixed signs are seen throughout the four-hour and one-hour momentum indicators.
As for the British Pound, it is slightly plummeting driving the GBP/USD pair to trade around $1.6082 while recording the highest level of $1.6157 and lowest of $1.6060 and is most probably going to remain at consolidated levels as mixed signs; buying and selling, are also witnessed at several time scale within the stochastic oscialltor.
Finally, as a result of mixed signs and a weak dollar witnessed throughout the momentum indicators at different time charts the USD/JPY pair is falling slightly to trade around ¥106.42 while recording the highest level of ¥106.47 and lowest levels of ¥105.95.
|مواقع النشر (المفضلة)|
|الذين يشاهدون محتوى الموضوع الآن : 1 ( الأعضاء 0 والزوار 1)|
|أدوات الموضوع||إبحث في الموضوع|
|انواع عرض الموضوع|
|الموضوع||كاتب الموضوع||المنتدى||مشاركات||آخر مشاركة|
|Pairs consolidate while pound remains weak||Hazem Ahlawy||Forex News||0||09-09-2014 01:57 PM|
|Pairs consolidate after Fed’s Beige Book||Hazem Ahlawy||Forex News||0||09-04-2014 01:10 AM|
|Pairs consolidate after a strong dollar||Hazem Ahlawy||Forex News||0||09-03-2014 05:24 AM|
|Pairs consolidate after a weak euro||Hazem Ahlawy||Forex News||0||08-27-2014 02:01 PM|
|Pairs consolidate after a strong firm dollar||Hazem Ahlawy||Forex News||0||08-26-2014 02:32 PM|