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Month: June 2011
Forexpros.com Daily Analysis – 02/06/2011
ForexPros Daily Analysis June 02, 2011 USD/JPY has broken the channel and now is facing down The break-down of the channel in the daily can be announced as successful. The Yen retested the lower boundary on Tuesday...
Daily Market & Forex Review for June 2, 2011 by SolidityBrokeres.com
U.S. stocks dropped on Wednesday, as Wall Street scaled back its economic growth outlook following another round of dour data. The Dow Jones Industrial Average fell 279.65 points to 12,290.14. The Standard & Poor’s 500 Index declined...
2nd June, 2011 – Daily Forex Report by GFM Research
Weaker than expected employment numbers resulted in deep correction in the equity bourses, especially the Dow Jones Industrials (DJIA) resulting in short covering in the Dollar Index (DXM11).
EUR/USD Slammed by Greece Downgrade
The EUR/USD fell from its three-week high yesterday, sinking downwards of 1.4340 before flattening out in today’s morning session. A technical barrier that was triggered near 1.4450 ended up pushing the pair lower yesterday and a downgrade...
Daily FX Market Outlook by AceTrader-1-6-2011
Market Review – 01/06/2011 21:24 GMT Euro falls sharply after Moody’s downgrade on Greece and a 2.2% drop in the Dow The single currency fell from four-week high of 1.4459 and tumbled to as low as 1.4321...
STOR suggesting a beginning of short/mid-term bullish swing for GBP
06/02/2011 00:48 UTC GBP swings higher as it strengthens against the JPY, CHF, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 4 out of 8, thus suggesting that the current swing may be...
Forex-Metal Daily Analysis -01/06/2011
Euro reaches 3-month maximum against the greenback.
STOR suggesting a beginning of short/mid-term bearish swing for AUD
06/01/2011 19:15 UTC AUD swings lower as it weakens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 3 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for USD
06/01/2011 17:12 UTC USD swings higher as it strengthens against the EUR, GBP, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...