2nd June, 2011 – Daily Forex Report by GFM Research
Weaker than expected employment numbers resulted in deep correction in the equity bourses, especially the Dow Jones Industrials (DJIA) resulting in short covering in the Dollar Index (DXM11).
Category: Daily Forex Reports
EUR/USD Slammed by Greece Downgrade
The EUR/USD fell from its three-week high yesterday, sinking downwards of 1.4340 before flattening out in today’s morning session. A technical barrier that was triggered near 1.4450 ended up pushing the pair lower yesterday and a downgrade...
Daily FX Market Outlook by AceTrader-1-6-2011
Market Review – 01/06/2011 21:24 GMT Euro falls sharply after Moody’s downgrade on Greece and a 2.2% drop in the Dow The single currency fell from four-week high of 1.4459 and tumbled to as low as 1.4321...
STOR suggesting a beginning of short/mid-term bullish swing for GBP
06/02/2011 00:48 UTC GBP swings higher as it strengthens against the JPY, CHF, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 4 out of 8, thus suggesting that the current swing may be...
Forex-Metal Daily Analysis -01/06/2011
Euro reaches 3-month maximum against the greenback.
STOR suggesting a beginning of short/mid-term bearish swing for AUD
06/01/2011 19:15 UTC AUD swings lower as it weakens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 3 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for USD
06/01/2011 17:12 UTC USD swings higher as it strengthens against the EUR, GBP, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bearish swing for CAD
06/01/2011 13:58 UTC CAD swings lower as it weakens against the USD, JPY, AUD, CHF and EUR. Recent mid-term strength indicator reading for CAD is 1 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for JPY
06/01/2011 12:15 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, NZD and CAD. Recent mid-term strength indicator reading for JPY is 5 out of 8, thus suggesting that the current swing may be...
Forexpros.com Daily Analysis – 01/06/2011
ForexPros Daily Analysis June 01, 2011 Euro Still Holding Longs. Yen in Bottom of Range. Euro: The euro is still in measured moves long and the setups are yet to be broken. The next setup’s target is...