Euro gains of the lows of 1.4225 ranges against the US Dollar; the USD traded mixed where in it has depreciated against the Euro and the Aussie Dollar whereas it has appreciated against the Cable, the Japanese...
Greetings. Let’s take a look at the GBP/JPY chart. With the big spike in mid-March, we tested our Fibonacci levels both including the spike and not including the spike. If you include the spike, you’ll see we’ve...
Market Review – 07/07/2011 20:03 GMT Euro rallies broadly as ECB suspends collateral rules for Portugal The single currency rose strongly on Thursday across the board after European Central Bank President Jean-Claude Trichet said the central bank...
Moody’s downgraded the Portugal credit rating.
07/07/2011 14:32 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, CHF and CAD. Recent mid-term strength indicator reading for EUR is 4 out of 8, thus suggesting that the current swing may be...
07/07/2011 12:54 UTC NZD swings higher as it strengthens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
07/07/2011 11:48 UTC CAD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for CAD is 7 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis July 07, 2011 Dollar Index Pares Losses As Liquidity Returns The dollar index had a bullish up day yesterday following 6 consecutive bearish candles. This bullish candle formed as liquidity returned to the market...
07/07/2011 09:46 UTC CHF swings lower as it weakens against the USD, JPY, AUD, CAD and NZD. Recent mid-term strength indicator reading for CHF is 6 out of 8, thus suggesting that the current swing may be...
Shares closed higher Wednesday on low volume as Wall Street looked beyond a weak reading on the U.S. services sector and overseas debt issues and interest-rate hikes. The market seems to be bouncing in an upward direction...