Daily Market Review for the 11.04.2011
AUD/JPY Time: 08:00 Rate: 89.50 Strategy: Short Daily time frame
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Daily Market Review for 11/04/2011 by SolidityBrokers.com
Fundamental Analysis Given last week’s consolidation trend on Wall Street, this week should turn out to be quite interesting. According to data from FactSet Research, companies in the S&P 500 Index are expected to show first-quarter earnings growth...
Weekly Analysis April 11 to Friday April 15 2011 by SolidityBrokers.com
For the coming week we expect markets to continue in the same direction as the previous week. Look for the US dollar to depreciate, the Canadian dollar to rise and for the commodity markets to get ever-hotter....
11th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated across the board. The Aussie Dollar and the Euro out performed compared to other FX majors against the Greenback.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
The Perplexing EUR
The EUR continued its momentum on Friday against the USD and has begun to leave some traders scratching their heads in wonder. Gold and the AUD also have continued their respective gains as both are within record...
Yen Hits New 11-Month Low against Euro
The JPY started off the week by falling to a fresh 11-month low against the euro, as positive global data has led to increased risk taking among investors. After hitting 123.30 during the overnight session, the EUR/JPY...
Daily FX Market Outlook by AceTrader 11-4-2011
Market Review – 08/04/2011 19:41 GMT Dollar falls across the broad on worries of U.S. government shutdown The greenback declined against most of its counterparts on Friday as Democratic and Republican party leaders in Congress remain divided over...
USDCAD Analysis – April 9, 2011
USDCAD’s downward move from 1.0672 extended to as low as 0.9526. Further fall is still possible in a couple of weeks, and next target would be at 0.9300-0.9400 area. Resistance is at 0.9650, as long as this...
USDCHF Analysis – April 9, 2011
USDCHF has formed a cycle top at 0.9339 level on daily chart. Deeper decline towards 0.8922 previous low could be seen next week, a breakdown below this level will indicate that the downtrend from 1.1730 (Jun 1,...
USDJPY Analysis – April 9, 2011
USDJPY’s upward move from 76.40 extended to as high as 85.51. Support is at 83.85, as long as this level holds, uptrend could be expected to continue, and next target would be at 87.50 area. However, a...