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ECB Move Continues to Weigh on Euro

by Forexyard.com | March 2, 2012 7:55 am
The euro took further losses against its main currency rivals in trading yesterday, as pessimism in the euro-zone economic recovery caused investors to revert their funds back to the US dollar.

AUD/USD Forecast March 2, 2012, Technical Analysis

by FX Empire | March 2, 2012 7:54 am
AUD/USD rose during the session on Thursday to test the 1.08 level again. The move has recaptured much of the Wednesday losses, and looks to be a build of pressure on the resistance level.

EUR/USD Forecast March 2, 2012, Technical Analysis

by FX Empire | March 2, 2012 7:53 am
EUR/USD fell slightly during the Thursday session, but just barely. The pair continues to hover between the 1.35 and 1.3250 levels, and the session on Thursday was a perfect example of indecision as it formed a doji....

GBP/USD Forecast March 2, 2012, Technical Analysis

by FX Empire | March 2, 2012 7:52 am
GBP/USD rose again on Thursday as the pair continues to try and break above the 1.60 resistance level. The pair is a risk-related pair, and tends to rise and fall with the stock markets around the world.

USD/CAD Forecast March 2, 2012, Technical Analysis

by FX Empire | March 2, 2012 7:51 am
USD/CAD continued its grind lower on Thursday as the pair fell below the 0.9850 level for the first time in months. The candles over the last three days have all been red, and they look fairly weak...

USD/CHF Forecast March 2, 2012, Technical Analysis

by FX Empire | March 2, 2012 7:50 am
USD/CHF rose during the Thursday session as the run to the Dollar continues. The 0.90 level now looks fairly supportive, and it is probably only a matter of time before this pair gains a bit of traction.

USD/JPY Forecast March 2, 2012, Technical Analysis

by FX Empire | March 2, 2012 7:49 am
USD/JPY fell a bit during the session on Thursday as the pair continues to consolidate above the all-important 80 level. The pair is being supported by the Bank of Japan in several different ways at the moment,...

2nd March, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | March 2, 2012 6:08 am
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...