Daily FX Market Outlook by AceTrader-30-6-2011

by AceTraderfx.com | June 30, 2011 1:04 am
Market Review – 29/06/2011 21:39 GMT The single currency ends higher against the greenback on first Greece vote The euro climbed to two-week high of 1.4449 against the greenback as investors raised bets that the European Central...

USD/JPY Technical Analysis for June 29, 2011

by ForexMansion.com | June 29, 2011 10:49 am
USD/JPY rose on Tuesday, showing continued strength as the 81 level has been broken. This jives well as we expect an attempt on making the 82 level. With the markets being uncertain, the pair could find itself...

USD/CHF Technical Analysis for June 29, 2011

by ForexMansion.com | June 29, 2011 10:47 am
The USD/CHF fell on Tuesday, breaking the 0.83 level, but managed to form a hammer on Tuesday. This shows that there is a possible bounce coming in this market. The pair isn’t one we would buy, but...

USD/CAD Technical Analysis for June 29, 2011

by ForexMansion.com | June 29, 2011 10:42 am
The USD/CAD fell hard on Tuesday, and tested the 0.98 level as traders bought oil markets during the day. The market has been held hostage over the last several weeks by the movements in the Brent and...

GBP/USD Technical Analysis for June 29, 2011

by ForexMansion.com | June 29, 2011 10:38 am
The GBP/USD pair broke above the 1.60 area, but was quickly pushed lower as the resistance area held. The pair looks like it wants to build a supportive based here, but the truth is that is couldn’t...

EUR/USD Technical Analysis for June 29, 2011

by ForexMansion.com | June 29, 2011 10:36 am
EUR/USD found a bid on Tuesday again, and stopped at the 1.44 area. This pair looks like it wants to rise higher, but with the Greeks voting on austerity today, there are simply far too many headline...

AUD/NZD Technical Analysis for June 29, 2011

by ForexMansion.com | June 29, 2011 10:35 am
The AUD/NZD market fell on Tuesday, but remains glued to the 1.30 area. The pair looks like it is winding up to make a move, but until that happens – we aren’t looking to trade this pair....