Easy Forex Signals Intraday Currency Trader News
The Dow Jones Industrial Average ended slightly lower yesterday in a listless, unexciting session limited by firm ranges. For most of Monday, the Dow was above water, but in the final minutes of trading it slipped lower. Monday’s robust financial releases, February pending home sales surprised strongly to the upside with a 2.1% increase, and Personal Spending printed better than anticipated at 0.7%, failed to inject life into the day’s trading.
Fx Investors remain worrisome about the substantial radiation levels in Japan and still determining the wide ranging problems for the global economy pursuing the destructive earthquake and tsunami. Additionally, the peripheral European debt troubles stubbornly continue with yields on Spanish and Portuguese bonds at record heights.
In Asia today, stocks markets have been a little higher, but Tokyo stocks were hurt by setbacks in efforts to bring Japan’s troubled nuclear complex in check.
USD/JPY mt4 fx broker trading system: The USD is generating improvement higher as the pair pops through the 20-day MA, now at 81.51. The 20-day MA is becoming a support. The upper Bolli band at 83.50 is in focus now. MACD is in a solid bullish cross and RSI crossed the neutral line of 50 from below. Daily graphs have folded over to paint a bullish snapshot.
EUR/USD metatrader broker currency systems: MACD is working out a bearish cross for the 2nd day in a row, nonetheless fails at this. RSI stimulates the euro bulls since it’s adequately under the overbought mark of 70 and appears north. The expanding Bollinger Bands channel suggests gains by the euro and providing the overall bullish look to the charts. US$1.4251, the Upper 20-day Bolli band, is among bulls’ targets.
GBP/USD metatrader 4 forex trading systems: Yesterday’s closing above the lower 20-day Bolli band, currently at 1.5937, will be an optimistic fact for the GBP. A rebound back on the way to the 20-day MA, at 1.6162, can’t be eliminated. The bounce theory is properly supported by the RSI’s switching dramatically higher. MACD is holding its place in the positive territory, yet in a bearish cross. Daily graphs project a cautiously bullish image.
Easy Pips Forex Signals currency trading system sends their alerts direct to your currency trading account. If you use their recommended forex broker, you will qualify for free signals.











March 31, 2011 | Posted by Beatriz Pimenta
Categories:
Tags:





Recent Comments