AUD/USD Technical Analysis April 26, 2011
The AUD/USD pair fell today, but has found the 1.07 area as supportive for the moment. Although this is a good sign, this pair desperately needs a pullback, and today was the first sign of one. If...
Category: Daily Forex Reports
USD/JPY Fundamental Analysis for April 27, 2011
The USD/JPY pair dropped to reach a new one month low, the Japanese currency saw heavy demand since the beginning of the week supported by the absence of fundamentals from major economies and high volatility ahead of...
Daily Market Review for 26/04/2011 by SolidityBrokers.com
Wall Street closed lower for the first session in four on Monday. NYSE composite volume of 2.97 billion amounted to the lowest volume day of the year. The fragility among global issues and concerns over the falling...
26th April, 2011 – Daily Forex Report by GFM Research
The U.S Dollar seems to have stabilized after previous week’s losses. The Dollar Index (DXM11) is witnessing support at 74.00 ranges though the major trend is still bearish; only consistent daily close above 75.40 ranges would post...
Daily FX Market Outlook by AceTrader 26-4-2011
Market Review – 21/04/2011 19:18 GMT Euro retreats from16-month high of 1.4649 on profit-taking ahead of Good Friday holiday The single currency extended Wednesday’s rally to a fresh 16-month high of 1.4649 in European morning on Thursday due...
Forex Metal Weekly Newsletter
Market review for 18 – 22. 04, 2011
US Existing Home Sales Only Significant News Today
With Europe still on holiday in observance of Easter, today’s markets will be highly illiquid, making most currencies continue to trade within tight ranges until the opening of trading on Tuesday. Tomorrow’s news should be much more...
25th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar continued depreciating after breaking critical support of 74.825. Bear trend seems to sustain till the daily close is not beyond 75.20. Only daily close above 75.60 would post short-term bottom.The Dow Jones Industrials (DJIA)...
GBP/USD Technical Analysis for the Week of April 25, 2011
GBP/USD has broken above the 1.65 level, which is a sizeable marker for this pair. The pair will certainly struggle until 1.70, but does look bullish overall. Because of this, we are finding this market very constructive....
USD/JPY Technical Analysis for April 25, 2011
The USD/JPY had a quiet day today as the Good Friday holiday slowed markets down. In fact, the analysis is the same as yesterday – we may struggle a bit at the 81-82 levels, but this area...