USD/JPY Technical Analysis for April 28, 2011
The USD/JPY gained massively today, as the markets took off around the world. It should be noted that this pair is the weakest of all of the XXX/JPY pairs, as the USD is so weak at the...
Category: Daily Forex Reports
EUR/USD Technical Analysis for April 28, 2011
The EUR/USD had a break out day today as the pair broke above the 1.47 area with conviction. Because of this, the 1.45 area can now be considered a floor of sorts, and that buying is the...
Speed Of Currencies – Fast
The effect of last night’s FOMC Statement and Press Conference was laser like on the currency markets. The USD finds itself at three year lows against the EUR, and also found itself bruised by the GBP. The...
US Dollar Takes Beating as Fed Reaffirms Record Low Rates
The US dollar took a beating yesterday following statements from the Federal Open Market Committee (FOMC) that removed any doubt on the persistence of record low interest rates. According to the FOMC report and subsequent statement by...
28th April, 2011 – Daily Forex Report by GFM Research
With no Interest Rate by the Fed hike yesterday, the U.S Dollar tumbles to make a new low. The Greenback continued to loose against all the major pair except against the Japanese Yen. Breach of 74.00 ranges...
AUD/USD Analysis
Greetings. Let’s pull up the AUD/USD hourly chart. We just saw a recent spike up and this shows the bullish sentiment is still in control. Look for more potential moves up – pontially to the 1.1100 price...
Daily FX Market Outlook by AceTrader 28-4-2011
Market Review – 27/04/2011 20:53 GMT Dollar tumbles as the Fed has no timetable when tightening of monetary policy will begin The U.S. dollar fell across the broad on Wednesday as Federal Reserve Chairman Ben Bernanke said...
Daily Market Review for 27/04/2011 by SolidityBrokers.com
U.S. stocks rallied Tuesday, lifting the three benchmark indexes to 2011 highs. Revenues and earnings for nonfinancial companies have reached record levels, helped by international exposure for many S&P 500 reporting companies. Rebounding from Monday’s losses, the...
GBP/USD Forex market moving news by AceTrader
GBP/USD – 1.6492.. Cable retreats in tandem with euro after initial brief bounce to 1.6523, however, price quickly retreated on reported decent-sized offers at 1.6520-30, the pound weakened to 1.6476 b4 edging higher.
USD/CHF Analysis
Greetings. Let’s pull up the USD/CHF hourly chart. We’re in a downward channel and it looks like there is still quite a bit more room for downward movement with this currency pair.