Greetings. Let’s take a look at the EUR/USD chart. We saw what seemed to be a Contracting Triangle and we’re currently below the bottom trend line. We may potentially see one more push up, however, it looks...
Market Review – 12/07/2011 21:32 GMT Euro rebounds on short covering after the European officials’ supportive comments Despite initial selloff below 1.4000 to a 4-month low at 1.3838 in Europe on fears that eurozone leaders were not...
07/12/2011 14:44 UTC CAD swings higher as it strengthens against the USD, AUD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CAD is 6 out of 8, thus suggesting that the current swing may be...
07/12/2011 11:13 UTC JPY swings higher as it strengthens against the EUR, GBP, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 8 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis July 12, 2011 Monthly Trading Report June 2011 It’s necessary that I give a monthly report of the results from the strategies I use for signals generation and trading. The trading results from my...
07/12/2011 09:26 UTC JPY swings lower as it weakens against the EUR, GBP, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 7 out of 8, thus suggesting that the current swing may be...
07/12/2011 08:24 UTC GBP swings higher as it strengthens against the USD, EUR, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 2 out of 8, thus suggesting that the current swing may be...
07/12/2011 08:24 UTC USD swings lower as it weakens against the EUR, GBP, JPY, CHF and NZD. Recent mid-term strength indicator reading for USD is 4 out of 8, thus suggesting that the current swing may be...
Greetings. Let’s take a look at the GBP/CAD chart. We’re in a nice downward movement and from the daily to the hourly, it looks like the downward movement will potentially continue.
The US Dollar Index appreciated for fourth consecutive day on the event of on the event of profit taking in the key equity index of the Dow Jones Industrials (DJIA). The USD has appreciated homogeneously against all...