GBP/USD Analysis
Greetings. Let’s take a look at the GBP/USD chart. It seems like the downward momentum is still strong so look for a potential continued push down.
Category: Daily Forex Reports
Forex-Metal Daily Analysis – 19/10/2011
Speculations regarding possible credit rating reduction of France pressure the euro.
British Inflation Suggests Stronger Pound
With yesterday’s inflationary data out of Britain, it seems the pessimism in Europe isn’t trickling across the English Channel, at least for now. Holiday spending and recent upticks in manufacturing should shore up the pound’s advances this...
AUD/USD Technical Analysis October 19, 2011
The AUD/USD pair had a pretty wild session on Tuesday, as traders reacted to varying headlines around the world. The European issues continue to dominate headlines at the moment, and fears out of Europe rocked the markets.
EUR/USD Technical Analysis October 19, 2011
EUR/USD had an absolutely wild day during the Tuesday session as the market originally sold it off, and hard – only to turn it around in the late hours of the NY session. After that came another...
GBP/USD Technical Analysis October 19, 2011
GBP/USD had a wild day as the “risk on / risk off” environment continued to plague the markets. The cable is tainted as the British economy is suffering from both high unemployment, and extremely high inflation. Because...
USD/CAD Technical Analysis October 19, 2011
The USD/CAD pair fell during the Tuesday session, and continues to react inversely to the oil markets. The parity level below still keeps this market afloat though, and until we get a close below it on the...
USD/CHF Technical Analysis October 19, 2011
USD/CHF finished the day fairly unchanged as the market continues to run around in circles. The result is a small doji, but the move proved the 0.9000 level should continue to give reactions in this marketplace.
USD/JPY Technical Analysis October 19, 2011
The USD/JPY pair had a fairly quiet day on Tuesday as the range continues to hold in this market. The market closed near the 77 mark, which has been the epicenter of this very tight range recently....
19th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued to appreciate throughout the European session but profit booking was witnessed during the American session on the event of the benchmark equity index of the Dow Jones recovering off the gap down opening...