Forex-Metal Daily Analysis -21/04/2011
US dollar weakness brings competitors to new maximums.
Tag: GBPUSD
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...
Daily Market Review for 21/04/2011 by SolidityBrokers.com
Tremendous day on Wall Street Wednesday, as US stocks rallied. We saw strong earnings from the technology sector and a bigger-than-expected rise in existing-home sales sent the Dow Jones Industrial Average to a nearly three-year high Wednesday....
Forex-Metal Daily Analysis -19/04/2011
The rally of the euro and the pound.
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...
GBP/USD Technical Analysis for April 19, 2011
The GBP/USD pair fell rapidly today, only to bounce back up in the afternoon during American trading. Because of this, the pair now looks even more bullish over all, and could possibly is a longer-term buy waiting...
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...
GBPUSD Analysis – April 16, 2011
After breaking above 1.6400 resistance, GBPUSD’s rise from 1.5936 is treated as resumption of uptrend from 1.5344. Further rise is still possible in a couple of weeks, and next target would be at 1.6600 zone. Support is...
15th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated against the Common Currency and the Cable after disappointing economic data. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further appreciate...