EUR/USD analysis (July 11, 2011)
The pair is evolving in a middle term triangle with limits between 1,45 and 1,42 i.e. 300 pips range. The bottom of the triangle is now being tested and there is a good probability of a breakout...
Tag: EURUSD
EURUSD Analysis – July 9, 2011
EURUSD moved sideways in a range between 1.3969 and 1.4696 for several weeks. Lengthier consolidation in the range is still possible next week. The price action in the range would possibly be consolidation of downtrend from 1.4939,...
EUR/USD Technical Analysis for July 8, 2011
EUR/USD fell hard on Thursday, but managed to form a hammer right above the 1.43 area, a level that has shown it to be minor support and resistance in the past. Because of this, we feel that...
EUR/USD analysis (July 08, 2011)
The pair is evolving in a middle term triangle which confirms a market consolidation. The limits are given around 1,45 and 1,42 i.e. 300 pips range. We consider that the bottom line has been tagged yesterday with...
8th July, 2011 – Daily Forex Report by GFM Research
Euro gains of the lows of 1.4225 ranges against the US Dollar; the USD traded mixed where in it has depreciated against the Euro and the Aussie Dollar whereas it has appreciated against the Cable, the Japanese...
Forex-Metal Daily Analysis -07/07/2011
Moody’s downgraded the Portugal credit rating.
Daily Market & Forex Review for July 7, 2011 by SolidityBrokers.com
Shares closed higher Wednesday on low volume as Wall Street looked beyond a weak reading on the U.S. services sector and overseas debt issues and interest-rate hikes. The market seems to be bouncing in an upward direction...
7th July, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed wherein mild correction was seen in the Euro and the Cable; where as the Aussie Dollar posted mild gains and the Swiss Franc traded flatKey equity index, Dow Jones Industrials (DJIA) finds...
EUR/USD analysis (July 07, 2011)
The pair has validated a descending trendline in the beginning of the week and been under pressure since with an acceleration of the decline yesterday on Eurozone debt concerns.
Forex-Metal Daily Analysis -06/07/2011
BoE is expected to leave the principal rate at the record-breaking minimum level.