Daily Market Review for the 22.03.2011
EUR-JPY It can be seen in the weekly time frame that the price creates a range area between the levels of 107 to 116 after which the break out went up above the down trend line (fragmentary...
Category: Daily Forex Reports
EUR/USD Climbs To A 4-Month High on Expectations ECB Will Raise Rates In April
This week’s trading session opened with a sharp bullish spike in crude oil prices, which was a direct effect of the NATO attack in Libya. In addition, the most significant development in the FX market was the...
Nervous Sentiment Driving FX Market
The USD lost further ground to the major currencies in the forex markets on Monday. Weakness carried through from late last week’s trading for the USD versus the EUR and GBP. Global equity markets moved positively yesterday...
22nd March, 2011 – Daily Forex report by GFM Research
The Greenback continued weakening a midst stronger equity bourses across the globe, especially the key index of Dow Jones Industrials (DJIA). Yen has stabilized against most of the major pairs, after exhibiting unprecedented volatility during last week.Non-homogenous...
Daily FX Market Outlook by AceTrader 22-3-2011
Market Review – 21/03/2011 20:14 GMT Euro rises after ECB officials signal rate hike in April is ready The single currency strengthened to a fresh 4-1/2 month high on Monday after European Central Bank governing council members signaled...
Forex Metal Weekly Newsletter
Market review for 14 – 18.03, 2011
Daily Market Review for the 21.03.2011
EUR-JPY After the intervention of the G7 countries in the weakening of the JPY in the weekly graph there is a creation of a major hammer which crosses the whole range at about (900 pips)
A Storm Of Risk Events Lurk
The currency markets have reacted to the storm of events with a swift test of their ranges. The amount of important news that is affecting the broad markets cannot be over stated this morning. A simple list...
Oil Soars as UN-Authorized Strikes Rain Down on Libyan Targets
The price for a barrel of Light, Sweet Crude soared over the past several trading days, climbing above $103.75 in this morning’s early trading session. After approving limited action to quell Muammar Qaddafi’s assault on the Libyan...
21st March, 2011 – Daily Forex report by GFM Research
The U.S dollar traded mixed against the major pair, especially the Japanese Yen, where in it has gained by more than 100 pips on Friday. Volatility is expected to continue due to volatile Japanese Yen. Dollar Index...