ForexPros Daily Analysis June 14, 2011 How did I know exactly how the USD/JPY would act? As I had estimated yesterday, the Yen touched the resistance of the trend line and made the hammer-doji candlestick in the...
New earth-quakes in New-Zealand pressured the national currency.
06/14/2011 08:56 UTC NZD swings higher as it strengthens against the USD, JPY, GBP, CHF and CAD. Recent mid-term strength indicator reading for NZD is 7 out of 8, thus suggesting that the current swing may be...
06/14/2011 08:35 UTC CHF swings lower as it weakens against the AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 8 out of 8, thus suggesting that the current swing may be...
The USD lost ground to the EUR and GBP as range trading emerged and the broad markets proved that they continue to be tentative at best. Wall Street turned in a mixed performance that may have been...
The UK Office for National Statistics is due to release several significant data reports today; most impactful will be the 9:30 GMT publication of the CPI and RPI inflationary figures. The US will also be publishing its...
Wall Street closed in green territory Monday, as enthusiasm over a burst of corporate deals overshadowed global economic worries that were amplified by a rating agency’s downgrade of Greece. After last week’s fall below 12,000, its first...
06/14/2011 07:22 UTC EUR swings higher as it strengthens 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...
The Dollar Index (DXM11) after taking support at 73.50 recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support and 75.00 acting as resistance only weekly close...
Please find hereafter our daily update on the majors as of June 14th 2011. (Click on the dedicated link to access our forum post with the chart).
