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Today is very much a bullish market. Price broke the strong resistance at 121.80 is going up to the next resistance at 122.86 Overall a very bullish market….

For more Forex news & info, please visit ufx.co The US Dollar rose against the Euro after employers in the US added more jobs than forecast, decreasing speculation that the Federal Reserve will add another round of asset purchases to support growth. In the USA, Non-farm Payrolls rose by 243000 after a revised 203000 gain [...]

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Price is ranging between 120 and 121. Today the short term trend is bullish and we expect the 121 resistance to be re-tested. In the 4H, overlapping of the 200 ema and 100 ema indicated a strong support region….

For today, price is overall bullish. and as long as the support at 120.00 is held we wil be bullish till the resistance at 121.00. Daily close below 120.00 will open the way again towards 119….

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For more currency & commodity news & info, visit ufx.co The Euro increased against the US dollar for the fifth day, which is the longest streak in three months after it was reported that Greece is close to coming to an agreement with its creditors. Greece and its private creditors indicated that they expect to [...]

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Forex Market Daily NEWS for January 27th 2012 More information and written Technical and Fundamental analysis you can find on axiory.com…

01/18/12 Reports that the IMF is considering lifting its lending operations has helped keep risk appetite alive in the forex markets, helping push the euro currency even higher against dollar….