AUDUSD Analysis – April 23, 2011
AUDUSD continued its upward move from 0.9704, and the rise extended to as high as 1.0774. Further rise is still possible in a couple of weeks, and next target would be at 1.1000 zone. Support is at...
Month: April 2011
GBPUSD Analysis – April 23, 2011
GBPUSD’s upward move from 1.5936 extended to as high as 1.6598. Further rise could be expected in a couple of weeks and next target would be at 1.6800-1.6900 area. Support is at the uptrend line on daily...
EURUSD Analysis – April 23, 2011
After a minor consolidation, EURUSD continued its bullish movement, and the rise from 1.2874 extended to as high as 1.4648. Support is at the rising trend line on daily chart, as long as the trend line support...
Forex-Metal Daily Analysis -22/04/2011
Rehabilitation of the US dollar. Asian and European trading sessions:
Daily Market Review for 22/04/2011 by SolidityBrokers.com
Yesterday US stocks rallied once again, although unemployment claims were higher than expected, reaching 403K with a forecast of 394K. The Dow rose 52.45 points, to 12505.99, the Nasdaq Composite gained 17.65, to 2,820.16,and the Standard &...
Oil Prices Top $112; Is Global Supply Truly Adequate?
Traders watching the price of oil climbing with despair were disheartened yesterday as shifts in risk sentiment and thin holiday trading conditions helped push the price of oil over $112 a barrel. Both US President Barack Obama...
Tranquility For Now
Most of the broad markets will be closed today meaning that any trading that takes place could see a sudden burst of energy from a large position. However, until Monday afternoon when the Americans open for business...
GBP/JPY Analysis
Hello everyone. As many of the world markets are closed for bank holidays, let’s look at an analysis for all you European-Yen cross traders – the GBP/JPY.
GBP/USD Technical Analysis for April 21, 2011
The GBP/USD broke the 1.64 mark today, showing that it is continuing to strengthen. This is especially true since the last low only feel a couple of handles. This pair looks ready to charge at 1.65, and...
USD/CHF Technical Analysis for April 21, 2011
The USD/CHF fell hard today, showing that the sellers have stepped back in. The all-time lows have been broken, and this shows fresh selling is happening. Because of this, the long-term bearish trend is in full force,...