The Dollar Index (DXM11) slipped below critical support of 75.00 ranges to trade currently at 74.48; weekly close below 73.40 would result is long-term bearishness in the Dollar reinitiating; consistent close below 74.00 would also increase our...
Greetings. Let’s take a look at the USD/CHF hourly chart. Looking in the longer term, we may have seen a potential turning point that will stick with the low from late May. Now, look for a potential...
06/01/2011 01:51 UTC NZD swings lower as it weakens against the USD, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
06/01/2011 01:40 UTC AUD swings higher as it strengthens against the USD, NZD, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 4 out of 8, thus suggesting that the current swing may be...
Market Review – 31/05/2011 19:41 GMT The single currency rises as Greece may avoid debt restructuring The single currency rose to a three-week high of 1.4424 on Tuesday after news report that Germany was considering dropping its...
The New-Zealand dollar hits record-breaking maximum.
ForexPros Daily Analysis May 31, 2011 Euro, Pound In Unrelenting Long Setups. Yen at Resistance Euro: On the daily, the euro is in consistent measured moves long and decisively broke the short setups its been in the...
05/31/2011 09:51 UTC AUD swings lower as it weakens against the USD, NZD, CAD, CHF and EUR. Recent mid-term strength indicator reading for AUD is 4 out of 8, thus suggesting that the current swing may be...
AUD/JPY Time: 22.50 Rate: 86.46 Strategy: long Daily time frame
With the United States on holiday Monday, currency traders witnessed a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the GBP and EUR...