USD/JPY Technical Analysis June 30, 2011
The USD/JPY pair fell on Wednesday, but managed to rally in the latter hours. The candle shape is similar to a hammer, and now looks like it wants to be supportive at these levels. We know that...
Month: June 2011
30th June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) depreciates for the straight third trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). The...
Technical analysis on the major as of June 30th 2011 (05:15 GMT)
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EUR/CHF Outlook
Greetings. Let’s take a look at the EUR/CHF. The pair has been trending down since the beginning of April and the question is – will the downtrend continue?
Daily FX Market Outlook by AceTrader-30-6-2011
Market Review – 29/06/2011 21:39 GMT The single currency ends higher against the greenback on first Greece vote The euro climbed to two-week high of 1.4449 against the greenback as investors raised bets that the European Central...
STOR suggesting a beginning of short/mid-term bullish swing for NZD
06/29/2011 19:56 UTC NZD swings higher as it strengthens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for JPY
06/29/2011 13:11 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, CHF and NZD. Recent mid-term strength indicator reading for JPY is 5 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for CAD
06/29/2011 11:00 UTC CAD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for CAD is 5 out of 8, thus suggesting that the current swing may be...
USD/JPY Technical Analysis for June 29, 2011
USD/JPY rose on Tuesday, showing continued strength as the 81 level has been broken. This jives well as we expect an attempt on making the 82 level. With the markets being uncertain, the pair could find itself...
USD/CHF Technical Analysis for June 29, 2011
The USD/CHF fell on Tuesday, breaking the 0.83 level, but managed to form a hammer on Tuesday. This shows that there is a possible bounce coming in this market. The pair isn’t one we would buy, but...