EUR/USD Technical Analysis for April 21, 2011
The EUR/USD broke the 1.45 mark on a close today, signaling more buying to be had. Because of this, we are even more adamant about not wanting to be short this market. Buying on pullbacks is the...
Tag: EURUSD
Forex-Metal Daily Analysis -21/04/2011
US dollar weakness brings competitors to new maximums.
21st April, 2011 – Daily Forex report by GFM Research
The Dollar Index (DXM11) continued depreciating against the major pairs after resuming bear trend on the event of key equity index (.DJIA) stabilizing beyond 12400 ranges. The Common Currency appreciated by more than 160 pips; the Cable...
EUR/USD Analysis
Greetings and welcome back. Let’s pull up the EUR/USD chart. We’re currently flirting with a major trend line and this may help signal the continuation of the bullish trend.
Forex-Metal Daily Analysis -19/04/2011
The rally of the euro and the pound.
EUR/USD Technical Analysis for April 20, 2011
The EUR/USD reversed course today, showing how much underlying strength there is in the marketplace. Because of this, it still appears that buying is the way to go. However, it should be noted that the 1.45 mark...
20th April, 2011 – Daily Forex report by GFM Research
U.S Dollar resumes bear trend on the event of key equity index (.DJIA) stabilizing at 12100 ranges. The Common Currency appreciated by more than 120 pips; the Cable appreciated by more than 60 pips; and the Aussie...
EUR/USD Technical Analysis for April 19, 2011
The EUR/USD fell hard today, and even went so far as to break below the recent trend line. Because of this, it will be rough sailing for the bulls until some stability is found. It should be...
19th April, 2011 – Daily Forex report by GFM Research
U.S Dollar bounces from the all time low of 74.825 (DXM11) made on April 15, 2011. The Dow Jones Industrials (DJIA) fell from the historic resistance zone of 12400 ranges, resulting in correction in Euro, the Aussie...
18th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated to all time low of 74.825 despite the Michigan Sentiment rising month-on-month. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further...