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February 03, 2012 - 21:01

February 03, 2012 - 21:01

February 03, 2012 - 21:01

February 03, 2012 - 21:15
The United States (U.S.) Bureau of Labor Statistics reported today the country’s economy added 243,000 new jobs in January 2012, the most in nine months. Additionally, unemployment first-time-claims lowered by 0.2% to 8.3%. Both results proved better than economists had projected at 150,000 additional jobs and unemployment remaining at 8.5%. The total number of employed persons increased to 141.6 million, 847,000 greater than December...
February 03, 2012 - 09:54
    The uptrend was capped by the 1.0750 resistance, so we see the risks of a setback towards the 200-Day SMA by 1.0400. A daily close below the 200-Day SMA would accelerate declines towards the 50-Day SMA by 1.0280 or the 100-Day SMA by 1.0185. Meanwhile, a clear break above the 1.0750 resistance would open a door for testing the 1.1080 high.     Edward Smith, technical analyst of company Admiral Markets.   ...