Buyers Going Into The Weekend?
The EUR picked up a bit more ground against the USD on Thursday as investors search for its real value. The Greek government passed the second round of their austerity measures and news has circulated that German...
Category: Daily Forex Reports
EUR/JPY Outlook
Greetings. Let’s take a look at the EUR/JPY. We just broke a major trendline and we’ll have to see if this trend line will now start to act as support for a rising market.
Forexpros.com Daily Analysis – 30/06/2011
ForexPros Daily Analysis June 30, 2011 Cable and Euro at major Resistance lines US dollar traded lower against the euro and pound in recent days, lost more value against the euro as Eur/Gbp seems to be in...
Forex-Metal Daily Analysis -30/06/2011
Greek parliament approves of the austerity measures.
Risk Appetite Emerges
Risk appetite has emerged as the austerity measures seem well on the way to clearing their hurdles via passage in the Greek government. Investors have seemingly bought into the short term optimism.
Daily Market & Forex Review for June 30, 2011 by SolidityBrokers.com
Wall Street closed in green territory as Greece approved debt-reduction measures. The market has been rallying, in theory at least, on Greece getting financial aid and trying to work its way out of the debt rash that...
Greece Passes Austerity Budget, Risk Appetite Rising
With the parliament in Greece voting in favor of the austerity budget yesterday, most traders began to shift their portfolios to higher yielding assets in expectation of smoother sailing for the region, at least for a while.
AUD/USD Technical Analysis for June 30, 2011
Yesterday we said that we need to see the AUD/USD break above the red trend line – a line that formed the descending triangle in order to buy this pair. That is exactly what is has done...
EUR/USD Technical Analysis for June 30, 2011
The EUR/USD pair rose on Wednesday, but failed to move significantly over the 1.44 area. The pair is approaching the 1.45 area, and one has to wonder whether or not it will find the steam in order...
GBP/USD Technical Analysis for June 30, 2011
The GBP/USD pair rose as traders took on more risk after the Greek parliament voted to accept austerity measures. The pair is a barometer for risk, and this reaction isn’t necessarily surprising. The biggest issue this pair...