EUR/USD Technical Analysis September 21, 2011
EUR/USD rose during the early hours of the trading session, but fell a bit towards the end of the day on Tuesday as the news got out that the ECB, IMF, and ECB – the financiers of...
Category: Daily Forex Reports
Dollar Drops against Majors on Expectations Federal Reserve Will Expend Quantitative Easing
The U.S. dollar fell against most of its major currency rivals on speculation the Federal Open Market Committee will announce further easing in order to support the U.S. economy; Crude oil prices gained on optimism that the...
21st September, 2011 – Daily Forex Report by GFM Research
The major trend IN THE Dollar Index indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities.Key...
EUR/CHF Analysis
Greetings. Let’s take a look at the EUR/CHF hourly chart. We saw a strong move up from the low in August and it looks like the upward movement may potentially be fizzling out.
Forex-Metal Daily Analysis – 20/09/2011
Euro is loosing its positions against the greenback.
USD/CAD Technical Analysis September 20, 2011
The USD/CAD pair shot straight up on Monday as traders continue to push it around in the consolidation box it has been stuck in for over a month. The pair looks like it is simply trying to...
AUD/USD Technical Analysis September 20, 2011
AUD/USD fell hard on Monday, and unlike the rest of the “risk currencies”, it didn’t bounce that much at the end of the session, or at least a lot less than these types of currencies. With that...
USD/CHF Technical Analysis September 20, 2011
USD/CHF rose after gapping on the open Monday, but retraced a lot of that move as the markets settled down in the US afternoon. This pair is being supported by the Swiss National Bank, so selling isn’t...
GBP/USD Technical Analysis September 20, 2011
The GBP/USD pair fell hard at the open on Monday, but managed a significant bounce back in the US session. This shows that there is continued support for the Pound, even as it keeps making new lows.
USD/JPY Technical Analysis September 20, 2011
USD/JPY fell on Monday as traders continue to look for safe havens. However, the Bank of Japan has been very supportive of this pair lately, and one has to think that it is only a matter of...