Forex-Metal Daily Analysis -30/03/2011
Standard & Poor’s reduced the credit rating of Portugal and Greece. Asian and European trading sessions:
Category: Daily Forex Reports
GBP/USD candlestick analysis for March 30, 2011
At the moment the GBP/USD is testing the support level near 1.5960.Earlier on a 4-hour graph the GBP/USD has formed a Three Black Crows candlestick combination, which indicates downside movement.
EUR/USD Analysis
Greetings. We’re just returning from our break and we’re working to get back into the saddle.
USD Experiences High Volatility, Yen Drops Sharply
At the beginning of the European trading session the dollar was on its back foot, but those losses were reversed following comments by St. Louis Fed President James Bullard. However, by the end of the trading day,...
Portugal Stepping Closer To The Abyss
The JPY lost more ground to the USD in trading on Tuesday. The EUR and GBP also were weaker against the Greenback within the FX market. The USD performed well as risk adverse trading became the prevailing...
30th March, 2011 – Daily Forex report by GFM Research
Dollar Index (DX) is trading at the key resistance of 76.60 ranges; DX consistently trading above 76.70 would post short term bottom, else it may trade range bound between 76.50 and 75.50. The Greenback is trading mixed...
Daily FX Market Outlook by AceTrader 30-3-2011
Market Review – 29/03/2011 18:44 GMT U.S. dollar rallies against the Japanese yen to post G7-intervention high of 82.48 The greenback rose to post G7-intervention highs against the Japanese yen and other major currencies on Tuesday due to...
Forex-Metal Daily Analysis -29/03/2011
Expectations for interest rate increase ruling the market.
USD/CAD Forecast for March 29, 2011
USD/CAD has been wondering around aimlessly in the 300 pips range of 0.97 to 1.000 for the last several weeks. There is nothing on this chart that suggests this is going to change anytime soon. Because of...
AUD/USD Forecast for March 29, 2011
The AUD/USD has broken out of the recent consolidation area between 0.97 and 1.0000. Because of this, you cannot risk taking a short position, even if the daily bar is shaped like a shooting star. There is...