USD/CHF Technical Analysis September 26, 2011
USD/CHF rose, but fell as well on Friday and then gained some ground back in the end of trading. The pair is decidedly bullish, and we now see dips as buying opportunities.
Category: Daily Forex Reports
GBP/USD Technical Analysis September 26, 2011
The GBP/USD pair fell after rising to the 1.55 level on Friday. The area was recently support, so a retest of it as resistance would be expected by the markets, and it did in fact fail to...
USD/JPY Technical Analysis September 26, 2011
USD/JPY rose on Friday as traders continue the back and forth dance with the Bank of Japan at the 76 handle. The pair can’t be sold, as the area is certainly being watched and possibly protected by...
EUR/USD Technical Analysis September 26, 2011
EUR/USD had a whippy day on Friday as traders aren’t sure what the G-20 conference will produce over the weekend. Without a doubt, the debt crisis in at the fore front on the meeting, and any announcement...
23rd September, 2011 – Daily Forex Report by GFM Research
Dollar Index is just nearing resistance zone of 78.75-79.30 ranges though double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities, the dollar index may go...
Forex-Metal Daily Analysis – 23/09/2011
Greenback strengthened against the major currencies.
Safe Heaven Currencies Continue to Rise on High Risk Aversion
The U.S. dollar gained further against the euro and other major currencies Thursday as a sharp extended retreat for U.S. equities and weak data out of both China and the euro zone spurred investors to dump risky...
USD/JPY Analysis
Greetings. Let’s take a look at the USD/JPY daily chart. We can a pretty strong downward trend line as we start testing the low from March 2011.
USD/CAD Technical Analysis September 22, 2011
The USD/CAD pair rose above the parity level and even above our 1.0050 resistance level on Wednesday. The pair now looks like it wants to continue the march north, and as long as the global outlook remains...
AUD/USD Technical Analysis September 22, 2011
The AUD/USD pair fell hard on Wednesday as the Fed’s underwhelming assessment of the global economy spooked the markets. With the Aussie being so sensitive to market sentiment and global risk taking – it naturally fell. More...