Forex-Metal Daily Analysis -07/06/2011
Euro reaches a monthly maximum against the greenback. Asian and European trading sessions:
Tag: USDJPY
7th June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) lost more than a percentage during last week; yesterday it traded flat and mild short covering was witnessed after the Dollar Index neared critical support of 73.40 ranges. DXM11 may trade sideways with...
USDJPY Analysis – June 4, 2011
USDJPY had formed a cycle top at 82.22 on daily chart. Further decline to test 79.58 support would likely be seen next week, a breakdown below this level will confirm that the downtrend from 85.51 has resumed,...
Daily Market Review for 03/06/2011 by SolidityBrokers.com
Wall Street finished lower Thursday as investors braced for Friday’s monthly employment report. People are worried about today’s number, because it really is a gamble now. The weather impacted in months prior, and then in April we...
3rd June, 2011 – Daily Forex Report by GFM Research
Short covering was witnessed in the Dollar Index (DXM11) on the event of the key equity index of Dow Jones Industrials (DJIA) continuing the fall of Wednesday, June 01, 2011. Critical support for the Dollar Index is...
2nd June, 2011 – Daily Forex Report by GFM Research
Weaker than expected employment numbers resulted in deep correction in the equity bourses, especially the Dow Jones Industrials (DJIA) resulting in short covering in the Dollar Index (DXM11).
Forex-Metal Daily Analysis -01/06/2011
Euro reaches 3-month maximum against the greenback.
1st June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) slipped below critical support of 75.00 ranges to trade currently at 74.48; weekly close below 73.40 would result is long-term bearishness in the Dollar reinitiating; consistent close below 74.00 would also increase our...
Forex-Metal Daily Analysis -31/05/2011
The New-Zealand dollar hits record-breaking maximum.
Daily Market Review for 31/05/2011 by SolidityBrokers.com
With the United States on holiday Monday, currency traders witnessed a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the GBP and EUR...