ForexPros Daily Analysis May 25, 2011 What my crude oil shorts are telling me about the aussie and the loonie… The Directional Bias in crude oil has continued to pressure the market lower as the 100.00 figure...
05/25/2011 08:32 UTC CHF swings higher as it strengthens against the JPY, AUD, CAD, EUR and GBP. Recent mid-term strength indicator reading for CHF is 7 out of 8, thus suggesting that the current swing may be...
Wall Street closed in red territory yesterday. It ended at it’s lowest in more than a month Tuesday, after the latest round of data did little to dispel fears the economy was headed down a rockier path...
A rebound in risk appetite spurred by stronger US economic data helped to weaken the safe haven currencies of the US dollar and the yen. The dollar block currencies recovered off of previous lows following Monday’s flair...
05/25/2011 06:58 UTC USD swings higher as it strengthens against the EUR, GBP, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 6 out of 8, thus suggesting that the current swing may be...
The USD bounced back in late trading on Tuesday after giving up some of its gains earlier on Tuesday. The Greenback continues to build on risk adverse sentiment that is being generated from the European Union. Greece...
The U.S Dollar is trading mixed, where as the Greenback is showing resilience against the Cable, the Aussie Dollar and the Common Currency are still trading weaker.The Dollar Index (DXM11) has reached major resistance zone of 76.50;...
05/25/2011 05:55 UTC JPY swings higher as it strengthens against the EUR, GBP, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
Greetings. Let’s take a look at the USD/JPY chart. The overall trend is bearish, however, it looks like we’re in a short-term retracement. Look for the pair to potentially retrace to the 82.50 level and above.
Market Review – 24/05/2011 20:21 GMT The single currency strengthens against the greenback on Tuesday on rate hike expectations The single currency rebounded on Tuesday as German business confidence stayed near a record high in May, fueling...
