USD/JPY Technical Analysis for May 12, 2011
The USD/JPY rose on Wednesday, only to fall back down, forming a doji. The pair is just above the all-important 80 level, and looks like it could be winding up for a move to the upside. We...
Category: Daily Forex Reports
USD/JPY Daily Fundamental Analysis for May 13, 2011
The USD/JPY pair is trading within a consolidation area since the beginning of the week, where the U.S. dollar is gaining against majors and the Japanese yen is trying to maintain its gains against the dollar.
AUD/USD Daily Fundamental Analysis for May 13, 2011
The Australian dollar dropped sharply on Thursday morning against major trading partners and especially versus the U.S. dollar after the Australian employers unexpectedly cut jobs during the month of April, the most since 2009.
Forex-Metal Daily Analysis -12/05/2011
Tension in Greece is escalating, which pressures the euro.
In The Wink Of An Eye
Volatility came back into the broad markets in the wink of an eye on Wednesday. The markets maintained a steady stance for most of the day, but as the American session began to get underway in earnest...
Daily Market Review for 12/05/2011 by SolidityBrokers.com
Wall Street closed in red territory on Wednesday. U.S. stocks dropped sharply as commodities stumbled and the euro’s decline further frayed investors’ nerves. After dropping as much as 183 points, the Dow Jones Industrial Average closed down...
US Hoarding Oil to Help Ease Gas Prices?
Oil prices dropped sharply yesterday with the New York Mercantile Exchange session closing just below the $98 price mark. US oil stockpiles rose over 3 million barrels for the second week in a row, marking a significant...
12th May, 2011 – Daily Forex Report by GFM Research
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
GBP/USD Analysis
Greetings. Let’s take a look at the GBP/USD hourly chart. It seems the general trend remains bullish, however, look for more potential retracement to the downside. Look for the pair to potentially test the 1.6250 target area...
Daily FX Market Outlook by AceTrader-12-5-2011
Market Review – 11/05/2011 20:37 GMT The euro tumbles broadly on renewed concerns over financial aid to GreeceThe single currency tanked on Wednesday due to uncertainty over European leader’s willingness to offer more financial aid to Greece,...