Lucror Accounts

LUCROR News

Forex Market Commentary May 10th 2011

Forex Market Commentary---After significant correctional sell offs on most currency pairs, the Market tis in a small limbo waiting for breaks above an....

More Info

FOREX News

Introducing Broker

Expand or grow your business with providing FX brokerage services from Lucror Capital Markets. We are striving to be the leading provider of foreign exchange services and one of the most recognized and trusted names in the industry.

More Info

Forex Market Commentary April 20th 2011

Date Posted: 2011-04-20

Source: http://

Forex Market Commentary---Almost all currency pairs are in a wave C of a 4 or a wave 3 of a wave 5 reversal. Even the EUR/USD and the USD/CHF have taken a temporary positive correlation to each other in the same a,b,c or 1,2,3 pattern (their only difference may be that EUR/USD is in a reversal back to the general trend while USD/CHF is in a correction. All JPY pairs are almost identical, but CHF/JPY is lagging behind the others for a change.