EUR/USD Forecast January 28, 2013, Technical Analysis
The EUR/USD pair had a strong session on Friday, and even threatened to break above the 1.35 handle. In the end it did not however, and as a result that barrier still stands.
Category: Daily Forex Reports
AUD/USD Forecast January 28, 2013, Technical Analysis
The AUD/USD pair has been a very difficult one to trade recently. Quite frankly, this pair “should” be going higher at this point time as there’s more of a “risk on” attitude to the marketplace. However, as...
USD/CHF: Greenback Falls, Swissie Strengthens
The USDCHF currency pair trends lower today as fiscal issues hound the world’s largest economy. The US dollar falls to the Swiss franc on improved sentiment for the Swiss nation.
EU, US News Set to Impact Markets Today
Better than forecasted German manufacturing data led to modest gains for higher-yielding assets during European trading yesterday. That being said, a record high Spanish unemployment rate limited bullish movement for currencies and commodities like the euro and...
USD/JPY Forecast January 25, 2013, Technical Analysis
The USD/JPY pair shot straight up during the session on Thursday, as we managed to breakout to a new recent high. This being said, this pair now looks comfortably above the 90 handle, and could continue much...
USD/CAD Forecast January 25, 2013, Technical Analysis
The USD/CAD pair had another bullish session on Thursday, but has fallen short of breaking above the 1.0050 handle that we used as a guide for direction. This latest move has been fairly parabolic, and it would’ve...
GBP/USD Forecast January 25, 2013, Technical Analysis
The GBP/USD pair fell and broke down below the 1.58 handle during the session on Thursday. However, we get a bit of a bounce later in the session and form to something that looked a bit like...
EUR/USD Forecast January 25, 2013, Technical Analysis
The EUR/USD pair shot straight up during the session on Thursday as the Euro gained against pretty much everything. However, we are still within the consolidation area that is bordered by 1.34 and 1.3250, and as such...
AUD/USD Forecast January 25, 2013, Technical Analysis
The AUD/USD pair fell apart during the session on Thursday as the 1.05 handle gave way as support. This pair has been consolidating for quite some time, and the action for Thursday would have been a bit...
Daily review of USD/JPY
Economic news The yen falls, following China’s strong PMI data The Japanese currency continues to be in the spotlight on the Forex markets and the country’s new government is taking various steps in its efforts to tackle...