Forex-Metal Daily Analysis -07/06/2011
Euro reaches a monthly maximum against the greenback. Asian and European trading sessions:
Category: Daily Forex Reports
STOR suggesting a beginning of short/mid-term bearish swing for CHF
06/07/2011 13:25 UTC CHF swings lower as it weakens against the JPY, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 8 out of 8, thus suggesting that the current swing may be...
Forexpros.com Daily Analysis – 07/06/2011
ForexPros Daily Analysis June 07, 2011 Did the USD/CAD shake you out? The Canadian has made a long bearish hammer after it broke through 0.9815 on Friday. Many amateurs closed their position during that shake-out, and now...
STOR suggesting a beginning of short/mid-term bullish swing for GBP
06/07/2011 08:48 UTC GBP swings higher as it strengthens against the USD, JPY, CHF, CAD and AUD. Recent mid-term strength indicator reading for GBP is 4 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bearish swing for JPY
06/07/2011 07:17 UTC JPY swings lower as it weakens against the EUR, GBP, CHF, NZD and CAD. Recent mid-term strength indicator reading for JPY is 5 out of 8, thus suggesting that the current swing may be...
Daily Market & Forex Review for June 7, 2011 by SolidityBrokers.com
U.S. stocks extended losses into a fourth straight session Monday, as Wall Street fretted about the economy. The Dow Jones Industrial Average ended down 61.3 points to 12,089.96. The Standard & Poor’s 500 Index declined 13.99 points...
Greece Bailout Doubts Fuel EUR/USD Slump
The EUR was not able to hold its recently stable price against the US dollar as regional investors battled over the direction of the 17-nation common currency. Regional bears won the day as the rumor mill chewed...
The Quantitative Easing Question
Without any major economic data being released on Monday investors were forced to trade off of existing sentiment. And the sentiment is generally not positive, that being said traders are able to make money from both sides...
7th June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) lost more than a percentage during last week; yesterday it traded flat and mild short covering was witnessed after the Dollar Index neared critical support of 73.40 ranges. DXM11 may trade sideways with...
Technical analysis on the majors (June 7th 2011)
Please find hereafter our daily update on the majors as of June 7th 2011. (Click on the dedicated link to access our forum post with the chart).