Technical analysis on the major as of June 30th 2011 (05:15 GMT)
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Category: Daily Forex Reports
EUR/CHF Outlook
Greetings. Let’s take a look at the EUR/CHF. The pair has been trending down since the beginning of April and the question is – will the downtrend continue?
Daily FX Market Outlook by AceTrader-30-6-2011
Market Review – 29/06/2011 21:39 GMT The single currency ends higher against the greenback on first Greece vote The euro climbed to two-week high of 1.4449 against the greenback as investors raised bets that the European Central...
STOR suggesting a beginning of short/mid-term bullish swing for NZD
06/29/2011 19:56 UTC NZD swings higher as it strengthens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for JPY
06/29/2011 13:11 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, CHF and NZD. Recent mid-term strength indicator reading for JPY is 5 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for CAD
06/29/2011 11:00 UTC CAD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for CAD is 5 out of 8, thus suggesting that the current swing may be...
USD/JPY Technical Analysis for June 29, 2011
USD/JPY rose on Tuesday, showing continued strength as the 81 level has been broken. This jives well as we expect an attempt on making the 82 level. With the markets being uncertain, the pair could find itself...
USD/CHF Technical Analysis for June 29, 2011
The USD/CHF fell on Tuesday, breaking the 0.83 level, but managed to form a hammer on Tuesday. This shows that there is a possible bounce coming in this market. The pair isn’t one we would buy, but...
USD/CAD Technical Analysis for June 29, 2011
The USD/CAD fell hard on Tuesday, and tested the 0.98 level as traders bought oil markets during the day. The market has been held hostage over the last several weeks by the movements in the Brent and...
GBP/USD Technical Analysis for June 29, 2011
The GBP/USD pair broke above the 1.60 area, but was quickly pushed lower as the resistance area held. The pair looks like it wants to build a supportive based here, but the truth is that is couldn’t...