No Green Light From ECB
The USD gained against the EUR on the heels of the ECB press conference anchored by President Trichet. While signaling a possible rate hike in July, the ECB President also added that inflation appears ready to moderate....
Category: Daily Forex Reports
Technical analysis on the majors (June 10th 2011)
Please find hereafter our daily update on the majors as of June 10th 2011. (Click on the dedicated link to access our forum post with the chart).
Forexpros.com Daily Analysis – 09/06/2011
ForexPros Daily Analysis June 09, 2011 Gold is about to hit its historical highs The gold’s price is back to its historical highs again. Many analysts and individual investors had estimated that the gold would not get...
Daily FX Market Outlook by AceTrader-10-6-2011
Market Review – 09/06/2011 21:34 GMT Euro falls after ECB dampened expectations for further rate rise and renewed Greek debt uncertainty The single currency tumbled against the greenback on Thursday after European Central Bank lowered inflation forecast...
STOR suggesting a beginning of short/mid-term bullish swing for AUD
06/09/2011 15:50 UTC AUD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 1 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for CAD
06/09/2011 13:57 UTC CAD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for CAD is 2 out of 8, thus suggesting that the current swing may be...
Forex-Metal Daily Analysis -09/06/2011
Demand for the save-heaven assets grows. Asian and European trading sessions:
Daily Market Review for the 09.06.2011
EUR/GBP Time: 21.30 Rate: 0.8895 Strategy: short Daily time frame The price got to the target of the wolf waves (the connecting line between point 1-4), created an upside down candlestick (the last red candlestick) and we...
Daily Market Review for 09/06/2011 by SolidityBrokers.com
Stocks broke down a little further today, and given the slowing of its decent we should be poised for a bounce into Friday. We had energy inventory data released today which was fairly bullish, but the main...
AUD/JPY Analysis
Greetings. Let’s take a look at the AUD/JPY chart. You can see we had a steep rise in March and now in the 3rd month of a declining channel. If you take the Fibonacci from the extreme...