Page 2725 – Forex Market Analysis

AUDUSD Analysis – April 9, 2011

AUDUSD continued its upward movement from 0.9704 and reached as high as 1.0581. Further rise is expected next week, and next target would be at 1.0800 area. Support is at 1.0450, as long as this level holds,...

GBPUSD Analysis – April 9, 2011

GBPUSD broke above 1.6400 previous high and reached as high as 1.6427, suggesting that the uptrend from 1.5344 has resumed. Further rise is still possible in a couple of weeks, and next target would be at 1.6600...

EURUSD Analysis – April 9, 2011

After a minor consolidation, EURUSD broke above 1.4281 resistance and reached as high as 1.4487. Further rise is expected in a couple of weeks, and next target would be at 1.4700-1.4800 area. Support is at 1.4300, as...

Volatility Going Into The Weekend

Upon the interest rate hike from the ECB on Thursday the broad markets reacted with calm. However, after ECB President Trichet’s press conference things began to get interested and have built on the energy since then. The...

EUR/USD Hits 15-Month High Following Rate Hike

Following the widely expected euro-zone interest rate hike yesterday, the euro hit a fresh 15-month high against the dollar, peaking at $1.4400. Meanwhile, the yen resumed its recent bearish behavior during the overnight session and lost over...

8th April, 2011 – Daily Forex report by GFM Research

The U.S Dollar depreciated traded flat against the Common Currency and the Cable; continued depreciation against the Aussie Dollar and the Swiss France.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...

Daily FX Market Outlook by AceTrader 8-4-2011

Market Review – 07/04/2011 19:48 GMT Euro falls as ECB Trichet turns cautious on more rate hike Euro declined on Thursday after European Central Bank President Jean-Claude Trichet said in a press conference following interest rate announcement that...

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