Tag: GBPUSD

13th June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 13, 2011 7:26 am
The Dollar Index (DXM11) after taking support at 73.50 ranges, recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result...

GBPUSD Analysis – June 11, 2011

by ForexCycle.com | June 11, 2011 2:45 am
GBPUSD’s bounce from 1.6059 reached 1.6546 only, the subsequent fall would possibly be resumption of downtrend from 1.6745. Deeper decline to re-test 1.5936 support would likely be seen in a couple of weeks. Key resistance is at...

10th June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 10, 2011 7:58 am
The Dollar Index (DXM11) has taken critical support from 73.40 ranges and can trade sideways facing resistance at  74.80-74.90 ranges. For key equity index – Dow Jones Industrials (DJIA), 11600-11700 ranges is expected to act as final...

Daily Market Review for 09/06/2011 by SolidityBrokers.com

by SolidityBrokers.com | June 9, 2011 7:46 am
Stocks broke down a little further today, and given the slowing of its decent we should be poised for a bounce into Friday. We had energy inventory data released today which was fairly bullish, but the main...

8th June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 8, 2011 5:19 am
The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...

Daily Market & Forex Review for June 7, 2011 by SolidityBrokers.com

by SolidityBrokers.com | June 7, 2011 7:13 am
U.S. stocks extended losses into a fourth straight session Monday, as Wall Street fretted about the economy. The Dow Jones Industrial Average ended down 61.3 points to 12,089.96. The Standard & Poor’s 500 Index declined 13.99 points...