GBP/USD analysis (July 12, 2011)
The Cable has been under pressure as well and the new fresh low below 1,59 opens the door to further decline with a next target at 1,58.
Category: Daily Forex Reports
EUR/USD analysis (July 12, 2011)
We were following this triangle on the daily with a bottom line around 1,42. Yesterday, we did see the EUR/USD sharply breaking the 1,42 level to reach 1,40 key support.
STOR suggesting a beginning of short/mid-term bearish swing for EUR
07/12/2011 02:05 UTC EUR swings lower as it weakens against the USD, GBP, JPY, CHF and CAD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
Daily FX Market Outlook by AceTrader-12-7-2011
Market Review – 11/07/2011 21:57 GMT Euro tumbles on fear of European debt crisis is spreading The single currency plunged across the board on Monday on concerns that European debt crisis could spread to larger European economies...
STOR suggesting a beginning of short/mid-term bullish swing for EUR
07/11/2011 16:20 UTC EUR swings higher as it strengthens against the USD, JPY, CHF, NZD and CAD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bearish swing for GBP
07/11/2011 13:11 UTC GBP swings lower as it weakens against the USD, JPY, CHF, NZD and AUD. Recent mid-term strength indicator reading for GBP is 2 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for USD
07/11/2011 12:31 UTC USD swings higher as it strengthens against the EUR, GBP, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 3 out of 8, thus suggesting that the current swing may be...
Forexpros.com Daily Analysis – 11/07/2011
ForexPros Daily Analysis July 11, 2011 AUD/JPY at New Resistance After the nice run up in March, when the AUD/JPY appreciated from 74.48 to 90.02, this pair has not done much. The Japanese became “lifeless” and the...
Support, Resistance and Range Forecast by AceTrader
Update Time: 11 Jul 2011 07:48GMT DAILY EUR/CHF OUTLOOK – +1.1840+ Despite Friday’s initial gain to 1.2170, subse-quent breach of 1.1966 sup to 1.1908 (NY) signalsdecline fm 1.2346 wud pressure euro to 1.1830/40,however, o/sold condition shud prevent...
Precious Metals Rising amid Risk Uncertainty
The price of precious metals like Gold, Silver, and Platinum found support this past week despite the rising strength of the US dollar, the currency in which such assets are valued.