Trading Point
Trading Point of Financial Instruments is a Cyprus based online forex broker licensed by the CySec and authorized by the FSA UK and the BaFin Germany. The broker complies with MiFID standards and is licensed to operate...
Month: June 2011
Forex-Metal Daily Analysis -08/06/2011
Euro continues to be supported by a number of factors.
STOR suggesting a beginning of short/mid-term bearish swing for GBP
06/08/2011 07:19 UTC GBP swings lower as it weakens against the USD, EUR, JPY, CHF and CAD. Recent mid-term strength indicator reading for GBP is 3 out of 8, thus suggesting that the current swing may be...
Daily Market & Forex Review for June 8, 2011 by SolidityBrokers.com
The markets dropped for a fifth straight day as investors turned downbeat late in the session following comments from Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average closed down 19.15 points at 12,070.81. The blue-chip...
Prevailing Ranges In Charge
Consolidated trading was the general rule of thumb on Tuesday. The USD did lose some ground to the EUR and GBP, therefore finishing the day essentially where it started off this week’s trading. The equity markets globally...
Technical analysis on the majors (June 8th 2011)
Please find hereafter our daily update on the majors as of June 8th 2011. (Click on the dedicated link to access our forum post with the chart).
Bernanke Comments May Shift Focus to Europe as Japan Posts Bullish Data
Market news out of Japan this morning was largely positive for the island economy, with the country’s Current Account growing to 0.55T and its M2 money supply maintaining its present rate of growth. The yen may seem...
EUR/USD Analysis
Hello. Let’s take a look at the EUR/USD hourly chart. We’ve recently seen a strong move up and it seems we may potentially have a little more room to move up.
8th June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...
STOR suggesting a beginning of short/mid-term bearish swing for NZD
06/08/2011 01:15 UTC NZD swings lower as it weakens against the USD, JPY, EUR, GBP, CHF and CAD. Recent mid-term strength indicator reading for NZD is 7 out of 8, thus suggesting that the current swing may...