Forex-Metal Daily Analysis -09/03/2011
Concerns over the deteriorating debt crises in Euro-zone pressure the euro.
Category: Daily Forex Reports
On Managing Expectations
Interest rates remain a focal point for investors going into to Wednesday’s trading. The USD gained on the EUR and GBP yesterday lifting the Greenback back into a bit of light. Economic data has been very light...
9th March 2011 – FX Daily Report by GFM Research
EURUSD settled lower at 1.3895 on profit booking at higher level. On daily closing below 1.3900, it can be seen testing 1.3711 in near-term. USDCHF rose after breaking key resistance of 0.9335 and may test 0.9521 in...
EUR Sees Bearishness in Overnight Trading
Euro zone debt concerns are once again back in the news and have led to a steep drop for the 17-nation single currency in overnight trading. The EUR/USD has dropped over 100 pips in the last 24...
Daily FX Market Outlook by AceTrader 9-3-2011
Market Review – 08/03/2011 20:02 GMT Euro falls on concerns over European debt woes The euro fell on Tuesday as Moody’s cut Greek debt rating on the previous session ignited investors’ attention back to the lingering European...
GBP/USD candlestick analysis for March 8, 2011
On a 4-hour graph the GBP/USD has formed a Dark Cloud Cover candlestick combination, which indicates downside movement.
Central Banks & Inflation Concerns
Central Banks are getting attention for the first time in nearly two years when taking into consideration the possibility of interest rate hikes. The major Central Banks including the ECB, BoE, and Fed have not had the...
EUR/USD Hits New 4-Month High
The euro rose to a four-month high against the U.S. dollar on Monday, on steady buying by Middle East accounts. It also appears to have been boosted by favorable interest rate differentials. The EUR reversed earlier losses...
8th March 2011 – FX Daily Report by GFM Research
EURUSD though lost some shine yesterday in range bound market but likely to maintain momentum on upside unless it closes below 1.3900 on daily charts. Cable faced resistance at 1.6343 against Greenback and settled 146 pips lower...
EUR/JPY Outlook & Price Projection Explanation
Greetings and welcome back to another week of trading. Let’s take a look at one of our favorites – the EUR/JPY. It seems we’re in a potential retracement from the recent move up, however, don’t expect to...