FOREXYARD: Forex News Blog

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Market Trends 22.11.12 Posted: 22 Nov 2012 02:04 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1721.93 Resistance- 1737.29 Silver- May see downward movement today Support- 32.88 Resistance- 34.05 Crude Oil- May see downward movement today Support- 86.46 Resistance- 88.40 Dax 30- May see upward movement today Support- 7127.23 Resistance- 7368.00 EUR/USD May see downward movement today Support- 1.2750 Resistance- 1.2945 Read more forex news on our forex blog

Market Review 22.11.12 Posted: 22 Nov 2012 02:02 AM PST The Japanese yen took additional losses against both the euro and US dollar in overnight trading, as speculations that the Bank of Japan will initiate a new round of monetary easing next month continued to weigh down on the currency. The price of crude oil saw little movement last night, as a cease fire agreement between Israel and Hamas resulted in investor supply side fears decreasing. The commodity spent most of the night trading around $87.50 a barrel. Today, traders will want to note that US markets will be closed in observance of the Thanksgiving holiday. Main News for Today Spanish 10-Year Bond Auction • The euro could turn bearish if today's bond auction shows that Spanish borrowing costs have gone up Read more forex news on our forex blog

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