Forex-Metal Daily Analysis – 05/10/2011
Asian and European trading sessions:
Category: Daily Forex Reports
5th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index succumbed to profit booking 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.Key equity index of the Dow Jones Industrials (DJIA) is...
Dollar Anticipates Release of U.S. ADP Non-Farm Employment Change
The U.S. ADP Non-Farm Employment Change is the primary publication today that is set to determine the level of the USD when it is released at 12:15 GMT. The other main releases that are set to dominate...
USD/JPY Technical Analysis October 4, 2011
In the world of Forex, the Japanese Yen is probably one of the “safest” currencies out there to buy. On Monday, we have seen another round of Yen buying as traders are selling off any type of...
EUR/USD Technical Analysis October 4, 2011
EUR/USD continued to fall on Monday as traders worry about the Greek situation. The pair has been whacked lately as the markets continue to buy the USD against most other currencies, and as the Euro is the...
4th October, 2011 – Daily Forex Report by GFM Research
Continued weakness in the equities world over led to safe haven bet on the USD which resulted in the Dollar Index appreciating beyond 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20...
Forex Metal Weekly Newsletter
Market review for 26 – 30. 09, 2011 Europe and its debt problems were keeping everyone under pressure last trading week. The
3rd October, 2011 – Daily Forex Report by GFM Research
Weaker asset classes has lead to run on USD which resulted in the Dollar Index appreciating to 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges.Key equity index of...
Markets Await the Release of Non Farm Data
U.S Non-Farm Data release is set to dominate the trading between the Dollar and its major currency pairs this week. A number of other factors are also likely to impact the forex market today, such as the...
AUD/USD Analysis (October 02)
The Aussie continues to loose ground in a context of risk aversion with a confirmed break below parity.