USD/JPY analysis (July 06, 2011)
Not much of a change on this pair which continues to consolidate on top of its key support at 80,00. The setup is constructive with a momentum building nicely.
Category: Daily Forex Reports
GBP/USD analysis (July 06, 2011)
The Cable remains under pressure below its daily 20 descending moving average. A break below 1,60 exposes 1,59 with a risk for additional decline.
EUR/USD analysis (July 06, 2011)
The Euro continues to consolidate ahead of the ECB rate interest tomorrow. We have seen fresh downside pressure yesterday after Moody’s came out slashing Portugal’s rating on risks that the country may need additional aid.
USD/CHF Outlook
Greetings. Let’s take a look at the USD/CHF hourly chart. We’ve been in a steady downtrend and it looks like our down trend will potentially continue.
Daily FX Market Outlook by AceTrader-6-7-2011
Market Review – 05/07/2011 21:40 GMT Euro tumbles after Moody’s cut Portugal’s credit rating to junk The single currency declined sharply on Tuesday after Moody’s Investors Service downgraded Portugal’s credit rating to junk, igniting renewed fears over...
Forex-Metal Daily Analysis -05/07/2011
Comments of the S&P agency regarding the Greek default pressured the euro.
STOR suggesting a beginning of short/mid-term bearish swing for NZD
07/05/2011 18:22 UTC NZD swings lower as it weakens against the USD, JPY, AUD, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bearish swing for EUR
07/05/2011 15:06 UTC EUR swings lower as it weakens against the USD, JPY, CHF, NZD and CAD. Recent mid-term strength indicator reading for EUR is 4 out of 8, thus suggesting that the current swing may be...
Forexpros.com Daily Analysis – 05/07/2011
ForexPros Daily Analysis July 05, 2011 Aussie & Kiwi review ahead the Australian cash rate AUD/USD There is lots of news regarding the Australian economy that have been published during the past two days. Building approvals went...
Daily Market & Forex Review for July 5, 2011 by SolidityBrokers.com
Wall Street was closed today for Fourth-of- July Holiday and our attention remain focused on Europe. Just as quickly as EU officials thought they were out in the clear of the Greek debt crisis, the rating agencies...