GBP/USD Technical Analysis October 31, 2011
The GBP/USD market rose again on Friday as traders continue to try and sell off the Dollar. The market has found what was once the August lows in the form of the 1.61 area. The market did...
Category: Daily Forex Reports
USD/JPY Technical Analysis October 31, 2011
The USD/JPY fell again on Friday as traders started to lose fear on a Bank of Japan intervention, according to the options markets. The idea that they wouldn’t be as interested in the value of the Yen...
EUR/USD Technical Analysis October 31, 2011
The EUR/USD pair had a negative day on Friday, after clocking in an outstandingly bullish day on Thursday. The rest isn’t surprising after that massive move, but the market has stopped at a former gap, which has...
Forex-Metal Daily Analysis – 28/10/2011
Positive wave has covered markets.
US Data Comes into Focus after GDP Release
The economic calendar will be balanced between data out of the Japanese economy early on in the day, and the US economy in the afternoon. The US economy will be strongly in focus with reports on consumer...
AUD/USD Technical Analysis October 28, 2011
The AUD/USD rose absolutely skyrocketed on Thursday as the EU presented a bailout package finally. The commodity trade was on in all markets as the US dollar got sold off. The pair has reached a gap that...
EUR/USD Technical Analysis October 28, 2011
The EUR/USD pair shot up during the Thursday session as the EU finally came out with a bailout plan, and so far it looks like the markets like it. The move was quick and strong, and it...
GBP/USD Technical Analysis October 28, 2011
The GBP/USD rose again on Thursday as it reacted to the good news of a EU bailout agreement. The pair has now broken above the 61.8% Fibonacci retracement, and now look set to move much higher.
USD/CAD Technical Analysis October 28, 2011
The USD/CAD sliced right through the parity level on Thursday as the EU finally came out with a bailout plan. The commodities markets took off as the US dollar was sold off against everything.
USD/CHF Technical Analysis October 28, 2011
The USD/CHF pair fell hard on Thursday as the USD was sold off against almost all other currencies around the world. This was in response to the EU finally releasing the bailout plan that has been long...