EURUSD – Get Ready To Enter
EURUSD is at interesting point. We have daily trendline at 1.4787, price tested this line early today and bounced off. It is critical for price to break this trendline if it wants to move any lower. If...
Month: May 2011
3rd May, 2011 – Daily Forex Report by GFM Research
U.S Dollar traded in tight zone against most of the FX majors throughout yesterday, the Dollar Index (DX) has hit lifetime low of 72.895 during yesterday’s trade; only consistent daily close above 74.60 ranges would post short-term...
GBP/USD Analysis
Let’s pull up the GBP/USD hourly chart. We are definitely in a bullish run and it seems there is still more potential room to see more bullish action. Look for a longer term potential price of 1.7000.
Daily FX Market Outlook by AceTrader 3-5-2011
Market Review – 2/05/2011 19:57 GMT Euro falls from a 17-month high in late New York as metal prices tumble Euro retreated sharply from a 17-month high in late New York trading on Monday due to profit-taking...
Forex Metal Weekly Newsletter
Market review for 25 – 29. 04, 2011
AUD/USD Daily Fundamental Analysis for May 3, 2011
The Australian dollar dropped against greenback during the first day trading of the week after president Obama said al-Qaeda leader Osama bin Laden has been killed.
USD/JPY Daily Fundamental Analysis for May 3, 2011
The USD/JPY pair starts the week moving to the upside, after it dropped last week to its lowest level in 5 weeks. The main reason behind the upside movement remains the risk appetite, which encourage investors to...
Daily Market Review for the 02.05.2011
EUR/USD Time: 11.45 Rate 1.4808 Strategy: Short/long Daily time frame
Gold At Record Highs
In many respects the currency markets will begin to trade in earnest today essentially where they left off on Friday discounting ranges. Many banks and bourses will be closed across Europe today because of Labor Day. However...
Europe on Holiday, USD Still Bearish
With Europe and Great Britain on holiday Monday, currency traders have witnessed a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the GBP...