EUR/USD candlestick analysis for March 22, 2011
The EUR/USD currency pair is continuing to advance. Earlier on a daily graph the EUR/USD pair formed a Bullish Engulfing candlestick combination, indicating upside movement.
Month: March 2011
Forex-Metal Daily Analysis -22/03/2011
Demand for the risky assets is coming back. Asian and European trading sessions: Euro: The EUR/USD pair traded in the range of $1.4145-$1.4185. Market participants are waiting for the Euro-zone leaders’ summit, planned for the end of...
Daily Market Review for the 22.03.2011
EUR-JPY It can be seen in the weekly time frame that the price creates a range area between the levels of 107 to 116 after which the break out went up above the down trend line (fragmentary...
EUR/USD Climbs To A 4-Month High on Expectations ECB Will Raise Rates In April
This week’s trading session opened with a sharp bullish spike in crude oil prices, which was a direct effect of the NATO attack in Libya. In addition, the most significant development in the FX market was the...
Nervous Sentiment Driving FX Market
The USD lost further ground to the major currencies in the forex markets on Monday. Weakness carried through from late last week’s trading for the USD versus the EUR and GBP. Global equity markets moved positively yesterday...
22nd March, 2011 – Daily Forex report by GFM Research
The Greenback continued weakening a midst stronger equity bourses across the globe, especially the key index of Dow Jones Industrials (DJIA). Yen has stabilized against most of the major pairs, after exhibiting unprecedented volatility during last week.Non-homogenous...
Daily FX Market Outlook by AceTrader 22-3-2011
Market Review – 21/03/2011 20:14 GMT Euro rises after ECB officials signal rate hike in April is ready The single currency strengthened to a fresh 4-1/2 month high on Monday after European Central Bank governing council members signaled...
Forex Metal Weekly Newsletter
Market review for 14 – 18.03, 2011
Daily Market Review for the 21.03.2011
EUR-JPY After the intervention of the G7 countries in the weakening of the JPY in the weekly graph there is a creation of a major hammer which crosses the whole range at about (900 pips)
A Storm Of Risk Events Lurk
The currency markets have reacted to the storm of events with a swift test of their ranges. The amount of important news that is affecting the broad markets cannot be over stated this morning. A simple list...