06/01/2011 13:58 UTC CAD swings lower as it weakens against the USD, JPY, AUD, CHF and EUR. Recent mid-term strength indicator reading for CAD is 1 out of 8, thus suggesting that the current swing may be...
06/01/2011 12:15 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, NZD and CAD. Recent mid-term strength indicator reading for JPY is 5 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis June 01, 2011 Euro Still Holding Longs. Yen in Bottom of Range. Euro: The euro is still in measured moves long and the setups are yet to be broken. The next setup’s target is...
06/01/2011 08:28 UTC CHF swings higher as it strengthens against the USD, JPY, 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...
U.S. stocks rose for a fourth consecutive session Tuesday as optimism about financial help ahead for Greece offset earlier pressure from a disappointing reading on consumer confidence, but the benchmark indexes couldn’t recover their losses for the...
The markets responded with mixed results on Tuesday as full volume returned. The EUR was able to hold onto its previous gains and did show an ability to move upwards still. This occurred as news was reported...
USD/JPY Time: 21.30 Rate: 81.33 Strategy: long Daily time frame
The euro has been a top performer against the other major currencies lately as investors have turned their attention to the potential for Greece to move beyond its debt concerns. Speculators have been largely betting that Greece...
The Dollar Index (DXM11) slipped below critical support of 75.00 ranges to trade currently at 74.48; weekly close below 73.40 would result is long-term bearishness in the Dollar reinitiating; consistent close below 74.00 would also increase our...
Greetings. Let’s take a look at the USD/CHF hourly chart. Looking in the longer term, we may have seen a potential turning point that will stick with the low from late May. Now, look for a potential...
