Forex Metal Weekly Newsletter
Market review for 18 – 22. 04, 2011
Category: Daily Forex Reports
US Existing Home Sales Only Significant News Today
With Europe still on holiday in observance of Easter, today’s markets will be highly illiquid, making most currencies continue to trade within tight ranges until the opening of trading on Tuesday. Tomorrow’s news should be much more...
25th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar continued depreciating after breaking critical support of 74.825. Bear trend seems to sustain till the daily close is not beyond 75.20. Only daily close above 75.60 would post short-term bottom.The Dow Jones Industrials (DJIA)...
GBP/USD Technical Analysis for the Week of April 25, 2011
GBP/USD has broken above the 1.65 level, which is a sizeable marker for this pair. The pair will certainly struggle until 1.70, but does look bullish overall. Because of this, we are finding this market very constructive....
USD/JPY Technical Analysis for April 25, 2011
The USD/JPY had a quiet day today as the Good Friday holiday slowed markets down. In fact, the analysis is the same as yesterday – we may struggle a bit at the 81-82 levels, but this area...
EUR/USD Technical Analysis for the Week of April 25, 2011
EUR/USD broke above 1.45 this week and shows that the EUR/USD trend is serious. The market looks to run to 1.50, and one would have to believe that this market will find it fairly soon. The selling...
Forex-Metal Daily Analysis -22/04/2011
Rehabilitation of the US dollar. Asian and European trading sessions:
Daily Market Review for 22/04/2011 by SolidityBrokers.com
Yesterday US stocks rallied once again, although unemployment claims were higher than expected, reaching 403K with a forecast of 394K. The Dow rose 52.45 points, to 12505.99, the Nasdaq Composite gained 17.65, to 2,820.16,and the Standard &...
Oil Prices Top $112; Is Global Supply Truly Adequate?
Traders watching the price of oil climbing with despair were disheartened yesterday as shifts in risk sentiment and thin holiday trading conditions helped push the price of oil over $112 a barrel. Both US President Barack Obama...
Tranquility For Now
Most of the broad markets will be closed today meaning that any trading that takes place could see a sudden burst of energy from a large position. However, until Monday afternoon when the Americans open for business...