Advertisement

Author: Irit Rutenberg

USD/JPY Technical Analysis for May 11, 2011

By ForexMansion.com   The USD/JPY rose today, forming a bullish candle that looks like we are holding the 80 level, which is absolutely vital to keep the Yen from appreciating too much. The central banks are waiting below,...

Read More

USD/CHF Technical Analysis for May 11, 2011

By ForexMansion.com   The USD/CHF rose today but failed to rise above the 0.88 level – a resistance level by our measurements. Looking at this pair, it is possible that we may see a continuation of the bounce, but the...

Read More

USD/CAD Technical Analysis for May 11, 2011

By ForexMansion.com   The USD/CAD fell today, confirming the sell signals we say last night. The 0.97 continues to be too strong for buyers, and should be considered a major area now. The pair closed at the very bottom of...

Read More

NZD/USD Technical Analysis for May 11, 2011

By ForexMansion.com   The NZD/USD rose today and still appears to be bullish. Having said that, the pair is still stuck between 0.78 and 0.80 levels that form this consolidation range. The pair still remains a pair with a...

Read More

GBP/CHF Technical Analysis for May 11, 2011

By ForexMansion.com   The GBP/CHF rose today, and is pressing up against a significant resistance area at the 1.44-1.45 level. The market is decidedly bearish, so we are not buying even though the candle looks very strong....

Read More

EUR/USD Technical Analysis for May 11, 2011

By ForexMansion.com   The EUR/USD fell today again, but ended the day forming a hammer for the second day in a row and just above the 1.4350 area. This shows more underlying strength in this currency and that the USD may...

Read More

EUR/JPY Technical Analysis for May 11, 2011

By ForexMansion.com   The EUR/JPY had a strong day today, bouncing hard from the 115 level. This level was an absolute necessity to continue the bullish tone overall. The central banks are below, and the market knows it....

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.