ForexPros Daily Analysis May 24, 2011 New All-time High of Gold against Euro: 1.080 €/oz Gold has found a good support at 1,487 $/oz after a strong sell-off phase occurred two weeks ago. In fact, the Yellow...
05/24/2011 09:44 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, NZD and CAD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
American shares, oil and the euro fell Monday, with the retreat sending the blue-chip index to its lowest level in more than a month, on signals Europe’s debt trouble could be worsening. The Dow Jones Industrial Average...
05/24/2011 08:07 UTC JPY swings lower as it weakens against the EUR, GBP, CHF, AUD and NZD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
AUD/USD Time: 20.40 Rate 1.0503 Strategy: short Daily time frame
The euro paired its sharp losses versus the US dollar yesterday but judging from the recent price action momentum has shifted against the 17-nation currency.
The broad marketplace continued to display cautious sentiment on Monday. Global equity markets declined. Wall Street experienced steep losses on the major indexes as downward pressure continued to mount. The USD held steady against the EUR and...
05/24/2011 06:57 UTC USD swings lower as it weakens against the EUR, JPY, CHF, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...
The Dollar Index (DXM11) reached major resistance zone of 76.50; Weekly close above 76.50 would post short-term bottom. On the lower side, 74.40 is expected to act as critical support for Dollar Index (DXM11), only weekly close...
05/23/2011 23:33 UTC CHF swings lower as it weakens against the USD, JPY, CAD, EUR and NZD. Recent mid-term strength indicator reading for CHF is 7 out of 8, thus suggesting that the current swing may be...
