EUR/USD Technical Analysis for April 21, 2011
The EUR/USD broke the 1.45 mark on a close today, signaling more buying to be had. Because of this, we are even more adamant about not wanting to be short this market. Buying on pullbacks is the...
Month: April 2011
USD/JPY Technical Analysis for April 21, 2011
The USD/JPY was very quiet today, sitting at the important 82.50 area. This area looks to be support, but only time will tell if that is true. Waiting to see a massive move in one direction or...
AUD/USD Technical Analysis for April 21, 2011
The AUD/USD has reached and moved beyond our projected 1.07 target today, as the bulls keep buying this pair. Certainly it looks like a pullback could be needed – but selling isn’t an option. Simply wait until...
Forex-Metal Daily Analysis -21/04/2011
US dollar weakness brings competitors to new maximums.
21st April, 2011 – Daily Forex report by GFM Research
The Dollar Index (DXM11) continued depreciating against the major pairs after resuming bear trend on the event of key equity index (.DJIA) stabilizing beyond 12400 ranges. The Common Currency appreciated by more than 160 pips; the Cable...
NZD/USD Analysis
Greetings. Let’s take a look at the NZD/USD chart. It seems like the bullish trend will potentially continue, however, we may soon see a retracement down.
Daily Market review for the 21.04.2011
GBP-USD Time: 00.01 Rate: 1.6408 Strategy: long/short Daily time frame
Daily Market Review for 21/04/2011 by SolidityBrokers.com
Tremendous day on Wall Street Wednesday, as US stocks rallied. We saw strong earnings from the technology sector and a bigger-than-expected rise in existing-home sales sent the Dow Jones Industrial Average to a nearly three-year high Wednesday....
USD/CAD Fundamental Analysis for April 21, 2011
The USD/CAD pair extended its drop on Wednesday, where a weak U.S. dollar in addition to rising commodities helped the Canadian dollar to rise and push the USD/CAD pair to the downside, where optimism spread through financial...
USD/CHF Daily Outlook for April 21, 2011
The Swiss economy will release today M3 money supply for the year ending March, yet the news is expected to have slight effect on the pair’s movement that will be more affected by US data. As of...