Forexpros.com Daily Analysis – 13/06/2011

by forexpros.com | June 13, 2011 9:50 am
ForexPros Daily Analysis June 13, 2011 Euro, Pound in Short Setups, Yen Confirms Range Euro: On the daily, the euro is in measured moves short and has hit its next full 50% long at 1.4331 and has...

13th June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 13, 2011 7:26 am
The Dollar Index (DXM11) after taking support at 73.50 ranges, recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result...

Nervous And Swift Markets

by bforex.com | June 13, 2011 7:17 am
Wall Street was brutalized on Friday before going into the weekend. Risk adverse trading finished the day with investors essentially looking for protection. The USD gained versus the EUR and GBP and finished in the middle of...

Forex Traders Weighing Options between Bad and Worse

by Forexyard.com | June 13, 2011 6:24 am
Traders this week are bouncing back and forth between an interest rate differential approach, which favors the EUR, and a debt concern approach which favors the USD. Both carry an ominous overtone for the global economy. Whichever...