USDJPY Analysis – May 21, 2011
USDJPY had formed a cycle bottom at 79.58 on daily chart. Further rally is still possible next week, and target would be at 83.00 area. Support is now at 81.00, only break below this level could trigger...
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AUDUSD Analysis – May 21, 2011
AUDUSD is now in downtrend from 1.1011. Further fall could be expected next week, and next target would be at 1.0200-1.0300 area. Key resistance is at 1.1011, only break above this level could indicate that the long...
GBPUSD Analysis – May 21, 2011
GBPUSD’s downward movement from 1.6745 extended to as low as 1.6105. Deeper decline towards 1.5936 support could be seen next week, as long as this level holds, the price action from 1.6745 is treated as consolidation of...
EURUSD Analysis – May 21, 2011
EURUSD may be forming a cycle bottom at 1.4048 on daily chart. Range trading between 1.4048 and 1.4500 would likely be seen in a couple of weeks. Support is at 1.4048, only break below this level could...
Forex-Metal Daily Analysis -20/05/2011
Greenback drops with the release of the weak US data.
Daily Market Review for 20/05/2011 by SolidityBrokers.com
U.S. stocks ended with mild gains Thursday, putting two major indexes in positive territory for the week, as sentiment improved on the heels of a lower claims for jobless benefits and decent quarterly results in the retail...
20th May, 2011 – Daily Forex Report by GFM Research
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...
Forexpros.com Daily Analysis – 19/05/2011
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...
Forex-Metal Daily Analysis -19/05/2011
British pound loses more than 100 points today.
Daily Market Review for 19/05/2011 by SolidityBrokers.com
American shares rose Wednesday in a partial bounce-back from their recent slid. We started the day off with positive figures from Dell and finished the day off digesting the Fed minutes. The Fed doesn’t seem to be...