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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....

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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.

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Forex Market Commentary April 27th 2011

Date Posted: 2011-04-26

Source: http://

Forex Market Commentary---All JPY currency pairs are still on their wave 5 upward, seen best on the 4 hour time frame. EUR/USD and GBP/USD along with most other currency pairs have had a new break out to a wave 5 or wave 1 of a wave 5. USD/CHF and USD/CAD are in opposite correlated positions, but also breaking out. Watch for the completion of the consolidation as the New York Market opens. All currency pairs seem to be in a similar consolidation, but should continue their general trends soon.