US
UK
Chinese
Japanese
Hong Kong
Australia
Spanish
Deutsch
Portuguese
Korean
French
RussianMorning Report
 |
The pair rallied sharply to surpass 98.80 and approaches the 23.6% Fibonacci correction at 100.45, thus, we think that further bullish correction is probable within the coming period. The 50-EMA supports price from the downside, while momentum indicators are providing negative signals that may push the pair to retest the breached resistance before resuming the bullish intraday move today. Main targets start at 102.55 and requires steady trading above 98.80.
The trading range for the day is expected among the key support at 98.80 the key resistance at 102.55.
The short term trend is to the downside as far as 150.00remains intact with targets at 112.00.
Follow us
News From Forex
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
The dollar is headed into the long weekend near the top of its recent ranges against the majority of its peers.
Are Record-Low Mortgage Rates Hurting The US Housing Market?
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold.
- World’s Largest and Deepest Pool At Chile's San Alfonso del Mar Resort [PHOTOS]
- Mantyhose For Sale: Men In Tights Might Just Be Fashion’s Next Big Thing
- After Greece Exits The Euro, What's Next? An Illustrated Guide To 5 Possible Scenarios
- Samsung Galaxy S3 Released in Dubai a Week Early, Price: $666 [REPORT]
- Baby in Washing Machine: Toddler’s Mom Wants Babysitter in Jail
- Brian Banks Exonerated Of Raping Wanetta Gibson, How Did Facebook Play A Role?
iOS 5.1.1 Untethered Jailbreak ‘Absinthe 2.0’: How to Unlock iPhone 4S, iPad 3, iPod Touch and More [VIDEO]
Check out the video and tutorial on how to Unlock iPhone 4S, iPad 3, iPod Touch and More using Absinthe 2.0 jailbreak.
- iOS 5.1.1 Untethered Jailbreak Released: How To Use Absinthe 2.0 On iPhone 4S, iPad 3, iPod Touch And More [VIDEO]
- Is Ron Paul 2012 Trying To Upstage Mitt Romney In Tampa? Paul Festival 2012 Would End Day Before Convention Starts
- iOS 5.1.1 Untethered Jailbreak: ‘Absinthe 2.0’ Release Confirmed 25 May, Friday at HITB Conference [TIME TABLE]
- EXCLUSIVE: Hacker Adrian Lamo Who Betrayed Wikileaks' Manning Turns Fire on Anonymous
- ‘Mass Effect 3’ Ending Results In Threat To BioWare, ‘Won’t Accept’ Extended Cut DLC Says Fan
- Suarez Must be First Victim of PFA Racism Ruling
iOS 5.1.1 Untethered Jailbreak Released: How To Use Absinthe 2.0 On iPhone 4S, iPad 3, iPod Touch And More [VIDEO]
All those users of an iPhone, iPod Touch or iPad running on Apple's iOS 5.1.1 firmware are now able to break the technical shackles on their devices, thanks to Absinthe 2.
- Are Record-Low Mortgage Rates Hurting The US Housing Market?
- Memorial Day Sales 2012: 25 Best Deals, Discounts And Bargains Online And In Stores For MDW Holiday Weekend
- How To Root Samsung Galaxy S3 [Tutorial]
- Facebook, ‘Titanic' Of IPOs, Could Poison Tech Company Pipeline
- Spain's Bankia Suspends Shares On Bailout Rumors
- Searching For The American Dream, In A Chinese RV
-
Facebook Shares Fall Sharply in Morning Trade Following Shaky IPO
-
Police Use Batons Against Protesters, Including Women, in India
-
Fired for Being Too Busty, Lingerie Temp Will Sue
