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...
ForexPros Daily Analysis June 06, 2011 ELLIOTT WAVE FX OVERVIEW Trading during Asian hours was relatively slow but still bearish for stocks after poor NFP from Friday.
ForexPros Daily Analysis June 02, 2011 USD/JPY has broken the channel and now is facing down The break-down of the channel in the daily can be announced as successful. The Yen retested the lower boundary on Tuesday...
ForexPros Daily Analysis June 01, 2011 Euro Still Holding Longs. Yen in Bottom of Range. Euro: The euro is still in measured moves long and the setups are yet to be broken. The next setup’s target is...
ForexPros Daily Analysis May 31, 2011 Euro, Pound In Unrelenting Long Setups. Yen at Resistance Euro: On the daily, the euro is in consistent measured moves long and decisively broke the short setups its been in the...
ForexPros Daily Analysis May 26, 2011 EUR-USD As I mentioned here yesterday, a correction in the US stock markets can weaken the US dollar, and so it happened. The reversal pattern in the daily is getting support...
ForexPros Daily Analysis May 25, 2011 What my crude oil shorts are telling me about the aussie and the loonie… The Directional Bias in crude oil has continued to pressure the market lower as the 100.00 figure...
ForexPros Daily Analysis May 24, 2011 New All-time High of Gold against Euro: 1.080 €/oz Gold has found a good support at 1,487 $/oz after a strong sell-off phase occurred two weeks ago. In fact, the Yellow...
ForexPros Daily Analysis May 23, 2011 Euro: On the daily, the euro is in measured moves short from its 50% at 1.43167, with a target at 1.39146, with coincides with the next full traditional 50% long at...
ForexPros Daily Analysis May 19, 2011 Intraday congestion shows the indecision in the EUR/USD The dollar’s buying momentum continues to struggle at 75.70. Recent highs at 75.73 and 75.70 have proved to be where the bulls are...
