Category: Daily Forex Reports

Greetings. Let’s take a look at the GBP/JPY. If you take a Fibonacci from the two price extremes, you’ll see we just recently hit the 61.8% Fibonacci level (129.00). This could potentially signal the turning point is...

Please find hereafter our daily update on the majors as of June 21th 2011. (Click on the dedicated link to access our forum post with the chart).

Market Review – 20/06/2011 21:38 GMT The single currency rebounds in New York on euro-supportive comments from Eurozone officials Euro rebounded strongly and broadly in New York session on euro-supportive comments from European Union Economic and Monetary...

ForexPros Daily Analysis June 20, 2011 What Is Next For EUR/USD? The common currency is on the hot seat again. After being quiet for some time, the Greek sovereign debt problem resurfaced as a dominant market mover...

06/20/2011 14:44 UTC JPY swings lower as it weakens against the EUR, GBP, CHF, NZD and CAD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...

06/20/2011 13:56 UTC USD swings lower as it weakens against the EUR, GBP, CHF, CAD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...

06/20/2011 10:47 UTC GBP swings higher as it strengthens against the USD, JPY, 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...

06/20/2011 08:54 UTC NZD swings lower as it weakens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 6 out of 8, thus suggesting that the current swing may be...

Update Time: 20 Jun 2011 05:34GMT WEEKLY GBP/JPY CROSS OUTLOOK – +129.30+ Stg’s breach of 130.30 signals fall fm 140.02 topto retrace corrective upmove fm 122.34 low has re-sumed n downside bias is seen for fall twd...