EUR/USD Analysis
Greetings. Let’s take a look at the EUR/USD hourly chart. AS you can see, we’ve seen some moves and because the previous high from earlier in March is acting as resistance, look for a potential drop down...
Category: Daily Forex Reports
Daily FX Market Outlook by AceTrader 16-3-2011
Market Review – 15/03/2011 20:21 GMT The Japanese yen surges broadly as Japan nuclear crises triggered active risk aversion The Japanese yen rallied against all of its counterparts on Tuesday as nuclear crises in Japan worsened, fueling speculation...
Forex Metal Weekly Newsletter
Market review for 7 – 11.03, 2011
Daily Market Review for the 15.03.2011
GBP-JPY It can be seen that the price has got to the down side of the parallel descending channel (fragmentary purple line), stopped and a green candle opened which signifies reversal pattern if and when a confirming...
Questions & Fears Regarding Japan
Consolidation was largely seen in the currency and commodities markets on Monday as caution became the general theme due to the developing story in Japan. Equities however remain under considerable strain on many bourses as investors react...
Federal Funds Rate Leading Event in Today’s Market
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. The Fed Statement is expected to provide an assessment of the current economic...
15th March 2011 – FX Daily Report by GFM Research
US Dollar appreciated across the board on the event for profit taking in key index of Dow Jones Industrials (DJIA). November, 2010 lows of 75.75 is expected to act as key support for Dollar Index (DX), March...
Daily FX Market Outlook by AceTrader 15-3-2011
Market Review – 14/03/2011 20:14 GMT Euro strengthens as EU leaders widen the scope of rescue plan The euro extended its Friday’s rally on Monday as the EU leaders surpassed all expectations by agreeing to widen the scope...
GBP/USD candlestick analysis for March 14, 2011
The GBP/USD currency pair is demonstrating a slight correction after a decline to 1.5980.
Daily Market Review for the 14.03.2011
GBP-CHF The pair stands around the supporting area from December 2008 at – 1.5120 (the brown line) that broke in 2010 and ever since crosses the area back and forth. The daily graph is situated on the...