NZD/USD Analysis
Greetings. Let’s take a look at the NZD/USD chart. It seems like the bullish trend will potentially continue, however, we may soon see a retracement down.
Category: Daily Forex Reports
Daily Market review for the 21.04.2011
GBP-USD Time: 00.01 Rate: 1.6408 Strategy: long/short Daily time frame
Daily Market Review for 21/04/2011 by SolidityBrokers.com
Tremendous day on Wall Street Wednesday, as US stocks rallied. We saw strong earnings from the technology sector and a bigger-than-expected rise in existing-home sales sent the Dow Jones Industrial Average to a nearly three-year high Wednesday....
USD/CAD Fundamental Analysis for April 21, 2011
The USD/CAD pair extended its drop on Wednesday, where a weak U.S. dollar in addition to rising commodities helped the Canadian dollar to rise and push the USD/CAD pair to the downside, where optimism spread through financial...
USD/CHF Daily Outlook for April 21, 2011
The Swiss economy will release today M3 money supply for the year ending March, yet the news is expected to have slight effect on the pair’s movement that will be more affected by US data. As of...
GBP/USD Daily Outlook for April 21, 2011
A parade of UK data will be due at 08:30 which will probably affect the pair’s movement. Public finances deficit is predicted to widen to 14.0 billion pounds in March from the prior 7.0 billion pounds. Also,...
EUR/USD Fundamental Analysis for April 21, 2011
The EUR/USD surged higher on Wednesday as the dollar slumped and the common currency returned to the upside with the ragging return of the risk appetite to the market.
Markets In Rocket Mode
The broad markets appear to be in rocket mode. The EUR and GBP have gained against the USD along with most of the other benchmark currencies. Investors, going into this long holiday weekend, appear to be downplaying...
Bullish Market Lifts Riskier Assets, Weighs on USD
Wednesday’s relatively thin market conditions have apparently granted support to the euro and other commodity-linked currencies. Tensions appear to be easing in regards to recent flare-ups in debt woes in the US and Europe, which have helped...
EUR/USD Analysis
Greetings and welcome back. Let’s pull up the EUR/USD chart. We’re currently flirting with a major trend line and this may help signal the continuation of the bullish trend.