Selasa, 03 Mei 2011

EURUSD Consolidating; Upside Favoured

Quote of the day: “Marriage is like a bank account. �You put it in, you take it out, you lose interest.” – Irwin Corey
EURUSD – 1.4835 @07:15 GMT
Good morning. Intraday resistance at 1.4850 is being tested at time of writing and there are no clues to point downwards yet. I don’t know if today’s Royal Wedding will have any impact on the financial markets, but if we check the Forex Calendar to see the usual events schedule – the most important today would be Fed Bernanke’s speech at 17:30 GMT which will likely boost Gold and Silver to fresh record Read More

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