USD/JPY Technical Analysis for May 10, 2011
The USD/JPY fell again today, and is hanging around the 80 level still. A break of the 80 level will certain get the attention of the central banks, and if we break lower – we are not...
Author: ForexMansion.com
GBP/USD Daily Fundamental Analysis for May 6, 2011
Today, with the release of some inflation data from the United Kingdom as detailed PPI data are due at 08:30 GMT the UK ends its data release this week. However, more concentration will be on US data...
AUD/USD Technical Analysis for May 5, 2011
AUD/USD had a sharp drop in value today, finding the 1.07 support area in the process. The pair needed this fall, and this could present itself as a buying opportunity. However, we want to see support hold...
GBP/USD Daily Fundamental Analysis for May 5, 2011
Markets will approach the BoE’s rate decision to see the bank’s action in the month of May to see whether they will continue on holding both interest rate and APF unchanged at 0.50% and 200 billion pounds...
USD/CHF Daily Fundamental Analysis for May 5, 2011
The Swiss economy lacks fundamentals today, thus main highlight will be on US data. At 12:30 GMT, the U.S economy will release initial jobless claims for the week ending April 30 and continuing claims for the week...
USD/CAD Daily Fundamental Analysis for May 05, 2011
The USD/CAD pair rose on Wednesday where falling commodity prices including oil and gold weighed down on the Canadian dollar and pushed the USD/CAD pair to the upside, where despite the general weakness of the U.S. dollar,...
EUR/USD Daily Fundamental Analysis for May 05, 2011
The EUR/USD regained the bullish momentum to move to the highest in 17 months on future monetary tightening and speculation ahead of Thursday rate decision.
USD/CAD Technical Analysis for May 5, 2011
The USD/CAD pair rose for the third day in a row, as the commodity markets fell hard yet again today. The Loonie is still favored over the Greenback, and this should only represent a selling opportunity, as...
USD/JPY Technical Analysis for May 5, 2011
The USD/JPY fell today, but managed a slight bounce from the 80.50 level, or half way through the massive support area represented by the 80-81 area. The pair needs to prove itself here, or the bulls will...
GBP/USD Technical Analysis for May 5, 2011
The GBP/USD fell today, bounced, and then fell again, only to end up relatively unchanged. The market looks weak still, as the bounce was the direction that was pushed back the furthest, and weakness could still be...