EUR/GBP Analysis
Greetings. Let’s pull up the EUR/GBP. We just crossed a major trend line which for the past 4-5 months acted as resistance. Now that we have crossed it, it looks like this same trend line may start...
Category: Daily Forex Reports
Dollar Losses Limited, Markets Expecting Heightened Volatility
Liquidity will likely be higher in today’s early trading as several events are being published in rapid succession from Britain, Canada and the US. American liquidity will be heightened, and Great Britain will contribute to today’s movements...
Forex-Metal Daily Analysis – 20/10/2011
As the rumours around the agreement between France and Germany on increasing the size of EFSF reinforced, the euro strengthened.
20th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index recovered off the European lows during the American trading session on the event of correction/continued fall witnessed in most of the asset classes. Though 76.00 ranges are expected to again act important support in...
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.
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...