USD/CHF Analysis (October 09)
The pair continues to trade higher and confirms its bullish outlook with a main target at parity.
Category: Daily Forex Reports
USD/JPY Analysis (October 09)
The pair continues to trade flat above the key 76,00 level.
GBP/USD Analysis (October 09)
The pair has bounced on top of the 1,53 level tested for the second time in 3 weeks.
EUR/USD Analysis (October 09)
The pair has found some support on top of the 1,3150 level in the beginning of the week, testing the 1,35 handle on friday.
Forex-Metal Daily Analysis – 07/10/2011
Market participants were expecting the results of the press-conference with the ECB President.
7th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued correction after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges. On the lower side 76.00 ranges would act as formidable support...
EUR Climbs on ECB Rate Statements
The euro was indeed seen gaining a foothold against the USD following the European Central Bank’s (ECB) latest announcement regarding interest rates, known as the Minimum Bid Rate.
AUD/USD Technical Analysis October 7, 2011
AUD/USD continued to rise on Thursday as the global markets continue the “risk on” move that they have been in over the last few days. The charts do suggest that we may still be a bit oversold,...
EUR/USD Technical Analysis October 7, 2011
EUR/USD rose on Thursday, showing a continued “risk on” attitude over the last few days. The ECB didn’t do much for the session, even though there was the much anticipated last meeting of Jean-Claude Trichet.
GBP/USD Technical Analysis October 7, 2011
GBP/USD fell on Thursday as the Bank of England announced it was expanding its bond buying program, which of course is a form of quantitative easing. However, the pair found its footing late in the session and...