USD/JPY Analysis (November 06)
A strong material base seems to be in place on the USD/JPY. The pair might be ready for a bullish development.
Category: Daily Forex Reports
GBP/USD Analysis (November 06)
The momentum appears to be clearly bullish on the Cable over the middle term (weekly view).
EUR/USD Analysis (November 06)
After a nice rally from the 1,31 level, the major has found some strong resistance by the 1,42 handle where it stalled out.
USD/CAD Forecast Nov. 7th, 2011, Technical Analysis
USD/CAD bounced on Friday as traders got rid of the “risk on” trade in droves. The bounce went straight to the 1.02 resistance level, and it looks like we could see consolidation at this point. The 1.03...
AUD/USD Forecast Nov. 7th, 2011, Technical Analysis
AUD/USD had an initially weak session on Friday, but bounced in later hours as the Americans went hunting for values. The pair looks like it is finding support in the form of 1.03, and as such could...
USD/CHF Forecast Nov. 7th, 2011, Technical Analysis
USD/CHF rose during the Friday session as traders continued the bearish tone of the markets late in the week. The pair used to fall in a “risk off” environment, but that was before the Swiss National Bank...
GBP/USD Forecast Nov. 7th, 2011, Technical Analysis
GBP/USD fell on Friday, but managed to pop back above the 1.60 support level again. The later ours saw the surge, and this appears as a sign that the pair wants to jump above. The area of...
USD/JPY Forecast Nov. 7th, 2011, Technical Analysis
The USD/JPY pair rose a bit during a very volatile session on Friday. However, the decided direction of this pair is down, and nobody expects that to change. A couple of failed interventions are all that the...
EUR/USD Forecast Nov. 7th, 2011, Technical Analysis
EUR/USD fell during the Friday session, but closed the day on a positive note as traders covered shorts in this pair. The Greeks are voting on the confidence in their Prime Minister, and now the Italians are...
Forex-Metal Daily Analysis – 04/11/2011
Greece’s Finance Minister: the referendum would not be held. Asian and European trading sessions: Euro: During the Asian trading session the euro fell by 0.8% from the three-week low against the dollar. Today’s ECB meeting was in...