USDCHF Analysis – June 25, 2011
USDCHF continued its downward move from 0.9774, and the fall extended to as low as 0.8318. Further fall could be expected in a couple of weeks, the next target would be at 0.8000 area. Resistance remains at...
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USDJPY Analysis – June 25, 2011
USDJPY continued its sideways movement in a range between 79.58 and 82.22. The sideways move is treated as consolidation of downtrend from 85.51. Another fall to 78.00 is expected after consolidation, and a breakdown below 79.58 will...
AUDUSD Analysis – June 25, 2011
AUDUSD is testing 1.0440 support, below this level will target 1.0200 zone. Resistance is at 1.0650, only break above this level could indicate the fall from 1.0773 is complete, then another rise towards 1.1011 could be seen.
GBPUSD Analysis – June 25, 2011
GBPUSD’s downward move extended to as low as 1.5938. The pair is now facing 1.5936 key support, a breakdown below this level will indicate that the long term uptrend from 1.4230 (2010 low) had completed at 1.6745...
EURUSD Analysis – June 25, 2011
EURUSD is forming a sideways consolidation in a range between 1.3969 and 1.4696. Lengthier consolidation in the range would likely be seen next week. Support is at 1.3969, a breakdown below this level could trigger another fall...
Technical analysis on the major as of June 24th 2011 (22:30 GMT)
Please find hereafter our daily update on the majors as of June 24th 2011 (22:30 GMT). (Click on the dedicated link to access our forum post with the chart).
Forex-Metal Daily Analysis -24/06/2011
Save-heaven assets are in demand.
STOR suggesting a beginning of short/mid-term bearish swing for CAD
06/24/2011 09:07 UTC CAD swings lower as it weakens against the JPY, AUD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CAD is 4 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bearish swing for USD
06/24/2011 09:07 UTC USD swings lower as it weakens against the EUR, GBP, JPY, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...
Daily Market Review for 24/06/2011 by SolidityBrokers.com
U.S. stocks pared steep losses Thursday buoyed by a report that Greece had reached an austerity plan with European authorities. The Dow Jones Industrial Average fell 59.67 points to close at 12,050.00, after touching an intraday low...