USD/CHF Forecast February 20, 2012, Technical Analysis
USD/CHF fell for most of the session as the Franc gained a bit in general during the European and Asian sessions. The 0.91 level is just below, and the support showed up in the form of a...
Category: Daily Forex Reports
GBP/USD Forecast February 20, 2012, Technical Analysis
The GBP/USD pair rose on Friday only to turn around in the end. The pair formed a shooting star at the 1.58 level, and although we have seen a nice pushback from the bulls, this latest candle...
EUR/USD Forecast February 20, 2012, Technical Analysis
EUR/USD rose during the session on Friday as the market tried to rally on all things risky. However, there is a massively important meeting in Europe on Monday that will decide whether or not the Greeks get...
USD/JPY Forecast February 20, 2012, Technical Analysis
The USD/JPY pair continued to shoot straight up during the Friday session as the Yen is starting to become parabolic in this move. The Bank of Japan has announced an escalation of bond buying, and as a...
Forex-Metal Daily Analysis -17/02/2012
The European Central Bank agreed to exchange Greek bonds for new securities. Asian and European trading sessions: Euro: The EUR / USD pair fell to $ 1.2997 mark during the Asian trading session on the background of...
EUR/USD Drops to 3-Week Low Following Greek News
The EUR/USD continued to fall during yesterday’s trading session, as negative euro-zone news caused investors to revert back to safe-haven assets. The pair dropped below the psychologically significant 1.3000 level for the first time since January 25th.
AUD/USD Forecast February 17, 2012, Technical Analysis
AUD/USD rose during the session with all of the other risk related currency pairs as the ECB announced it would be swapping Greek bonds it owns for longer dated ones over the weekend. This helps the process...
EUR/USD Forecast February 17, 2012, Technical Analysis
EUR/USD rose during the session on Thursday as the market found the 1.30 level as being overly supportive. The pair had been bearish for much of the session, but as if on cue – the market suddenly...
GBP/USD Forecast February 17, 2012, Technical Analysis
GBP/USD rose during the session on Thursday, and acted like it was shot out of a cannon. The pair has recently pulled back, but the bullish action for the session will have many of the bears running.
USD/CAD Forecast February 17, 2012, Technical Analysis
The USD/CAD pair initially spiked during the session as we started out with a “risk off” attitude. However, if you have been watching our videos, you know that the 1.01 area is a place that we saw...