GBP/JPY Analysis
Hello everyone. As many of the world markets are closed for bank holidays, let’s look at an analysis for all you European-Yen cross traders – the GBP/JPY.
Category: Daily Forex Reports
GBP/USD Technical Analysis for April 21, 2011
The GBP/USD broke the 1.64 mark today, showing that it is continuing to strengthen. This is especially true since the last low only feel a couple of handles. This pair looks ready to charge at 1.65, and...
USD/CHF Technical Analysis for April 21, 2011
The USD/CHF fell hard today, showing that the sellers have stepped back in. The all-time lows have been broken, and this shows fresh selling is happening. Because of this, the long-term bearish trend is in full force,...
EUR/USD Technical Analysis for April 21, 2011
The EUR/USD broke the 1.45 mark on a close today, signaling more buying to be had. Because of this, we are even more adamant about not wanting to be short this market. Buying on pullbacks is the...
USD/JPY Technical Analysis for April 21, 2011
The USD/JPY was very quiet today, sitting at the important 82.50 area. This area looks to be support, but only time will tell if that is true. Waiting to see a massive move in one direction or...
AUD/USD Technical Analysis for April 21, 2011
The AUD/USD has reached and moved beyond our projected 1.07 target today, as the bulls keep buying this pair. Certainly it looks like a pullback could be needed – but selling isn’t an option. Simply wait until...
Forex-Metal Daily Analysis -21/04/2011
US dollar weakness brings competitors to new maximums.
21st April, 2011 – Daily Forex report by GFM Research
The Dollar Index (DXM11) continued depreciating against the major pairs after resuming bear trend on the event of key equity index (.DJIA) stabilizing beyond 12400 ranges. The Common Currency appreciated by more than 160 pips; the Cable...
NZD/USD Analysis
Greetings. Let’s take a look at the NZD/USD chart. It seems like the bullish trend will potentially continue, however, we may soon see a retracement down.
Daily Market review for the 21.04.2011
GBP-USD Time: 00.01 Rate: 1.6408 Strategy: long/short Daily time frame