EUR/USD analysis (July 02nd 2011)
The break above 1,4440 on June 29th has validated a double bottom formation which opens the door for a test of June high at 1,47. A break above this level would expose 2011 high at 1,4940.
Tag: EURUSD
EURUSD Analysis – July 2, 2011
EURUSD stayed in a trading range between 1.3969 and 1.4696 for several weeks. The sideways movement could be expected to continue in a couple of weeks. Another fall towards 1.3500 would more likely be seen after consolidation,...
EUR/USD analysis (July 01st 2011)
The Euro remains well bid after its break above previous high at 1,4440. We now see a potential towards June high near 1,47.
EUR/USD Technical Analysis for July 1, 2011
The EUR/USD pair rose again on Thursday, but gave up some of its gains towards the end of the day. It should be noted that there is a trend line that it ran into – and failed...
1st July, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) depreciates for the straight fourth trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). The...
Forex-Metal Daily Analysis -30/06/2011
Greek parliament approves of the austerity measures.
Daily Market & Forex Review for June 30, 2011 by SolidityBrokers.com
Wall Street closed in green territory as Greece approved debt-reduction measures. The market has been rallying, in theory at least, on Greece getting financial aid and trying to work its way out of the debt rash that...
EUR/USD Technical Analysis for June 30, 2011
The EUR/USD pair rose on Wednesday, but failed to move significantly over the 1.44 area. The pair is approaching the 1.45 area, and one has to wonder whether or not it will find the steam in order...
30th June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) depreciates for the straight third trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). The...
EUR/USD Technical Analysis for June 29, 2011
EUR/USD found a bid on Tuesday again, and stopped at the 1.44 area. This pair looks like it wants to rise higher, but with the Greeks voting on austerity today, there are simply far too many headline...