06/21/2011 13:29 UTC CAD swings higher as it strengthens against the USD, JPY, CHF, GBP and NZD. Recent mid-term strength indicator reading for CAD is 4 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis June 21, 2011 Euro, Pound in measured Moves Long But Hitting Resistance Fibonacci Forex Trading Analysis
Decision regarding the Greece bailout will be announced in the beginning of July.
06/21/2011 09:40 UTC GBP swings lower as it weakens against the USD, JPY, CHF, NZD and CAD. Recent mid-term strength indicator reading for GBP is 2 out of 8, thus suggesting that the current swing may be...
Wall Street closed higher Monday as many stocks rallied and concerns over Greece’s debt crisis eased. The Dow Jones Industrial Average gained 76.02 points to close at 12,080.83. The S&P 500 Index advanced 6.86 points to close...
06/21/2011 07:22 UTC NZD swings higher as it strengthens against the USD, JPY, AUD, GBP and CHF. Recent mid-term strength indicator reading for NZD is 7 out of 8, thus suggesting that the current swing may be...
Although the EUR did in fact find footing yesterday and was able to gain against the USD nearly finishing at its close on Friday, the problems regarding Greek debt have not gone away. What has been witnessed...
The euro zone will be publishing its reports on consumer confidence today; most predominant will be the ZEW readings. Many investors are turning their attention on the euro zone regional economy after yesterday’s faltering debt discussion met...
The USD Dollar has lost its ground against most of the major pairs especially against the Common Currency and the Cable, whereas closed flat by the end of New York trade against the Aussie Dollar and the...
Greetings. Let’s take a look at the GBP/JPY. If you take a Fibonacci from the two price extremes, you’ll see we just recently hit the 61.8% Fibonacci level (129.00). This could potentially signal the turning point is...
