Forex-Metal Daily Analysis -27/01/2011
FOMC meeting decision. Asian and European trading sessions:
Category: Daily Forex Reports
Further Bearish Movement Expected for USD Today
The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch of data is expected to show declines in the production, employment and home...
Daily FX Market Outlook by AceTrader 27-1-2011
Market Review – 26/01/2011 23:38 GMT Euro trades near fresh two-month high as Fed gives less upbeat U.S. outlook The single currency climbed to a fresh 2-month high of 1.3723 against the dollar in European morning on...
Forex-Metal Daily Analysis -26/01/2011
Risk appetite is suppressed. Asian and European trading sessions: Euro: On Tuesday the EUR/USD pair traded at the $1,3690 level during the Asian trading session. Minimums were reached at the $1.3578 mark. British Pound: Today the sterling...
Poor British GDP Data Causes Drop in GBP Values
After a 0.5% decline in the quarterly Prelim GDP report from the UK, the pound experienced a strong bearish session, falling greatly against all of its currency counterparts. The news trickled into European trading by holding the...
Recent Recommended Trades by AceTrader
Update Time: 26 Jan 2011 07:31GMT INTRA-DAY GBP/USD OUTLOOK – +1.5780+ Despite cable’s brief bounce to 1.5838, current retreat after faltering below 1.5839 (prev. sup, now res) suggests recovery fm y’day’s low of 1.5750has possibly ended there...
GBP/JPY Outlook
Greetings. Just wanted to do a quick update on the GBP/JPY. We mentioned how Fibonacci retracement levels are important and look just where the currency is straddling – the 38.2% Fibo level.
Daily FX Market Outlook by AceTrader 26-1-2011
Market Review – 25/01/2011 23:04 GMT Sterling tumbles after a shock contraction in the UK economy The British pound tumbled from Asian high of 1.6018 to 1.5750 after the release of much weaker-than-expected U.K. Q4 GDP data...
Forex-Metal Daily Analysis -25/01/2011
Collapse of the political coalition of Ireland supported the greenback. Asian and European trading sessions:
EUR/USD Technical Analysis. Support And Resistance Levels For January 25th/2011
TODAY TECHNICAL LEVEL : Breakout Buy level : 1.3712.Strong Resistance : 1.3703.Original Resistance : 1.3689.Inner Sell Area : 1.3675.Target Inner Area : 1.3639.Inner Buy Area : 1.3603.Original Support : 1.3589.Strong Support : 1.3575.Breakout Sell level : 1.3566.