07/07/2011 01:30 UTC AUD swings higher as it strengthens against the USD, JPY, NZD, CAD, EUR and GBP. Recent mid-term strength indicator reading for AUD is 5 out of 8, thus suggesting that the current swing may...
Greetings. Let’s take a look at the NZD/JPY chart. Looking at the longer term daily chart, it looks like the pair may be heading up to potentially form an Ending Diagonal (ED). If this happens, look for...
Market Review – 06/07/2011 19:41 GMT Euro falls to one-week low due to persistent fears of European debt crisis Euro tumbled to a one-week low versus the dollar on Wednesday due to the escalating concerns on European...
BoE is expected to leave the principal rate at the record-breaking minimum level.
07/06/2011 12:59 UTC CAD swings lower as it weakens against the USD, JPY, AUD, CHF and NZD. Recent mid-term strength indicator reading for CAD is 6 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis July 06, 2011 Double Inverted Head and Shoulders in USD/CAD? At present, the daily graph of the USD-CAD must be one of the least attractive looking charts of major currencies. After reaching a low...
Equities spent Tuesday searching for a direction with two out of three exchanges finishing the day down on exceedingly light trading volume to begin the holiday-shortened week. The market has moved from being oversold, and ripe for...
The US Dollar traded mixed wherein mild correction was seen in the Euro and the Aussie Dollar; though it has traded strong against the Cable, the gains faded by the end of New York close; where as...
07/06/2011 06:38 UTC GBP swings lower as it weakens against the USD, EUR, JPY, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 1 out of 8, thus suggesting that the current swing may...
Tuesday started off relatively peaceful as full volume came into the markets. The EUR did trade a little weaker against the USD. Economic data coming from Europe and the U.S. proved disappointing, but not surprising considering the...
