9th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 9, 2011 6:31 am
The US Dollar appreciated on the event of short covering across the board. It seems that a short-term low has been posted in the dollar index (DX) in the ranges of 72.85; multi year lows of 71.00...

EURUSD Analysis – May 7, 2011

by ForexCycle.com | May 7, 2011 4:04 am
EURUSD dropped sharply from 1.4939, and broke below the uptrend line on daily chart, suggesting that a cycle top had been formed. Deeper decline would likely be seen after consolidation, and next target would be at 1.4000-1.4100...

Daily Market Review for 06/05/2011 by SolidityBrokers.com

by SolidityBrokers.com | May 6, 2011 7:33 am
U.S. stocks fell sharply on Thursday, extending losses into a fourth day for two of the benchmark indexes, as equities and commodities were hit after a surprise rise in jobless claims. Down for the third session this...

6th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 6, 2011 6:23 am
The U.S Dollar got oversold against most of the major pairs resulting in short covering in the USD across the board, seems to be changing in case of the Dollar Index (DXM11) though consistently trading above 74.50...

5th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 5, 2011 5:43 am
The Cable finds support at 1.6450 ranges after three days of correction; against rest of the FX pairs, the Green back traded in narrow range. The U.S Dollar seems to be oversold in short-term; short covering may...

Daily Market Review for 04/05/2011 by SolidityBrokers.com

by SolidityBrokers.com | May 4, 2011 7:27 am
Wall Street eked out a tiny gain Tuesday, outflanking losses on the S&P 500 and Nasdaq Composite, as investors dumped energy and materials stocks and headed for the safety of bonds and telecommunications companies. The Dow Jones...

EUR/USD Technical Analysis for May 4, 2011

by ForexMansion.com | May 4, 2011 6:39 am
The EUR/USD pair had a slightly bullish day today again, but the charts are starting to look a little tired at this level. It cannot be ignored that the last two days have formed shooting stars, and...

4th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 4, 2011 5:34 am
Cable succumbed to profit taking against the Greenback; after the Dollar Index (DX) hitting low of 72.90 ranges, the U.S Dollar stabilized against most of the FX majors; tight trading pattern was observed in EURUSD, USDJPY, USDCHF...

EUR/USD Technical Analysis for May 3, 2011

by ForexMansion.com | May 4, 2011 4:09 am
The EUR/USD pair had a slightly bullish day today, as the market is starting to look a bit tired. The 1.49 area is proving difficult, but the trend is firmly up from here, and any move down...