EUR/USD Forecast November 20, 2012, Technical Analysis
EUR/USD trying to rally through the 1.28 level on Monday, but failed in the end. This has been an area that has been causing quite a bit of headaches for the buyers, and it looks like it...
Category:
AUD/USD Forecast November 20, 2012, Technical Analysis
AUD/USD rose on Monday as the 1.04 handle was tested as resistance. Having said that, this is an area that we would expect to see sellers step back into the marketplace.
Dollar Rallies amid Global Economic Fears
The US dollar posted gains against several of its main currency rivals on Friday, as concerns regarding an economic slowdown in the euro-zone combined with speculations that the Bank of Japan will initiate a new round of...
EUR/GBP: Euro Finds Support from Greek and Fiscal Cliff Optimism
In the previous European trading session, the Euro lost to the Great British pound as the Euro Zone continues to be bombarded with worries over Greece and the US fiscal cliff.
Daily FX perspective November 19, 2012 – GFM Research
The Dollar Index is trading at 81.25 with 81.00-81.20 ranges still acting as short term resistance from where is sold off during September last.
USDCAD Analysis – November 18, 2012
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 0.9632. Further rise is still possible, and next target would be at 1.0100-1.0150 area. Support is located at the lower line of...
USDCHF Analysis – November 18, 2012
USDCHF’s upward movement from 0.9214 extends to as high as 0.9511. Further rise is still possible and next target would be at 0.9650 area. However, the price action from 0.9239 is likely consolidation of the downtrend from...
USDJPY Analysis – November 18, 2012
USDJPY breaks above 80.67 resistance, and continues its upward movement from 77.14, and the rise extends to as high as 81.45. Further rise could be expected after consolidation, and next target would be at 83.00 area.
AUDUSD Analysis – November 18, 2012
AUDUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.0149. Support is located at the lower line of the channel, as long as the channel support holds, the fall from 1.0480...
GBPUSD Analysis – November 18, 2012
GBPUSD continues its downward movement from 1.6309, and the fall extends to as low as 1.5827. Further decline is still possible after consolidation, and next target would be at 1.5700 area.