Forex-Metal Daily Analysis -13/05/2011
Drop of the euro and the pound.
Month: May 2011
Daily Market Review for 13/05/2011 by SolidityBrokers.com
Wall Street closed in green territory. American shares rose along with commodities Thursday as the dollar fell against the euro, continuing what one analyst said is Wall Street’s call for continued stimulus from the Federal Reserve. It...
USD/CAD Analysis
Greetings. Let’s take a look at the USD/CAD hourly chart. It seems like the low from late April/early May is holding up and we’re currently looking at a 3 wave correction.
13th May, 2011 – Daily Forex Report by GFM Research
With most of the asset classes especially equity bourses and commodities, finding stability in the lower ranges, the Dollar Index expected to find resistance at 76.10; only weekly close beyond 76.20 ranges would give confirmation of short-term...
GDP Numbers From Europe Today
The broad markets remained rather cautious on Thursday as the USD continued to hold ground against the EUR and GBP. After months of taking it on the chin from the Single Currency the Greenback appears to be...
EUR Lower vs. USD as Traders Seek Safety on Growth Concerns
The EUR was not able to hold its recently stable price against the US dollar as regional investors battled over the direction of the 17-nation common currency. Regional bears won the day as the rumor mill chewed...
Daily FX Market Outlook by AceTrader-13-5-2011
Market Review – 12/05/2011 20:51 GMT Euro pares early losses in New York as commodity prices rebound strongly Euro rebounded strongly from a near six-week low on Thursday as commodity prices recouped initial sharp losses. In addition,...
AUD/USD Technical Analysis for May 12, 2011
The AUD/USD fell, and fell hard in Wednesday trading. Action like this is always very bearish, but it should be noted that a lot of things sold off – and not all of them correlated. In other...
EUR/USD Technical Analysis for May 12, 2011
The EUR/USD fell again today, but this time broke through some of the previous support that had been holding the market up. 1.42 did hold however, and might be a bit of a “last stand” for this...
GBP/USD Technical Analysis for May 12, 2011
The GBP/USD rose fast and hard, and then fell in the same manner on Wednesday, showing how confused the market really is at this moment. The 1.63-1.64 area is still holding up, but does need to be...