Monthly Archives: April 2012

Forex Technial Analysis USD 30’th April

Forex Technial Analysis USD 30'th April

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Market Analysis 30 April—4 May

USD Direction this week: Bearish It is expected to see weakening of the currency this week due to US data, indicating on easing of the economy flow, initiated last week by weaker then expected QI GDP. It is expected to … Continue reading

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Market Analysis 23-27 April

USD Direction this week: Bullish Focal point this week will be FOCM meeting on Wednesday. I don’t expect changes to the economic growth or policy rates to change. It is expected to see lower unemployment forecast. Near term inflation forecast … Continue reading

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Market Analysis 10-13 April

USD Direction this week: Range Bound It is expected to see ranging of the currency this week. Primary focus of speculators is the anticipated Fed monetary policy announcement.     Potential currency movers:   Tuesday wholesale inventories, Lockhart speaks; Thursday … Continue reading

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Market Analysis 2–6 April

USD Direction this week: Bullish Market anticipation is very positive about this currency and It is expected to see uptrend of the currency this week due to positive data, specifically ISM and payrolls report and FOCM minutes.     Potential … Continue reading

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