Daily Market Review for the 31.05.2011
AUD/JPY Time: 22.50 Rate: 86.46 Strategy: long Daily time frame
Category: Daily Forex Reports
Daily Market Review for 31/05/2011 by SolidityBrokers.com
With the United States on holiday Monday, currency traders witnessed a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the GBP and EUR...
US Back Online, Consumer Confidence on Tap
With the United States economy coming back online following yesterday’s holiday break, the US government is scheduled to release a few minor data sets. The most impactful figure being published will be the Conference Board’s (CB) consumer...
Full Volume In Force
Full volume will return to the broad markets today a day after the U.S. and the U.K. both had holidays. The USD continued a slide on Monday against the EUR and GBP. But trading was thin at...
STOR suggesting a beginning of short/mid-term bullish swing for CAD
05/31/2011 05:54 UTC CAD swings higher as it strengthens against the USD, JPY, AUD, CHF and GBP. Recent mid-term strength indicator reading for CAD is 2 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bearish swing for CHF
05/31/2011 05:50 UTC CHF swings lower as it weakens against the USD, AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 7 out of 8, thus suggesting that the current swing may...
31st May, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.
Daily FX Market Outlook by AceTrader-31-5-2011
Market Review – 30/05/2011 19:43 GMT The single currency eases on Monday due to worries over next IMF/EU aid payment for Greece Euro traded with a soft bias in thin market condition on Monday due to holiday...
Forex Metal Newsletter
Market review for 23 – 27. 05, 2011
Daily Market Review for 30/05/2011 by SolidityBrokers.com
Shares in the next week will run a gauntlet of data expected to indicate a slowing economic recovery, but a few positive reports may prove enough to draw investors into a market accustomed to negative sentiment. Equity...