USD/CHF Forecast January 18, 2012, Technical Analysis
USD/CHF fell for the session on Tuesday as the Dollar got sold off in general. The “risk on” trade came back, but it is worth noting that the end of the US stock trading session saw a...
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GBP/USD Forecast January 18, 2012, Technical Analysis
GBP/USD rose during the Tuesday session as traders sold off the US dollar in general. The pair is highly risk sensitive, and as the markets was in a good mood overall for the day – this pair...
USD/JPY Forecast January 18, 2012, Technical Analysis
USD/JPY fell for most of the session on Tuesday, but managed a bounce to form a hammer just above the now obvious support area at 76.50 or so. The level is the bottom of recent consolidation going...
EUR/USD Forecast January 18, 2012, Technical Analysis
The EUR/USD pair rose over the session on Tuesday as the markets were in the “risk on” mode for most of the day. The Euro is simply far too weak and toxic at the moment to own...
18th January, 2012 – Daily Forex Report by GFM Research
Correction in the Dollar Index continues on the event of strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials. The medium trend is bullish till 80.00 ranges are holding on weekly...
Forex-Metal Daily Analysis -17/01/2012
The good news for the Euro: France placed its government bonds on 8.59 billion
Forex Metal Weekly Newsletter
Market review for 09 -13.01, 2012
Euro Tumbles Following Ratings Downgrade
The combination of a worse than expected Italian debt auction and the credit downgrading of several euro-zone countries on Friday, caused the euro to slip to fresh lows once again before markets closed for the week.
USD/CAD Forecast January 16, 2012, Technical Analysis
USD/CAD rose during the session on Friday as the triangle that contains this market continues to work. The candle for the day looks reasonably strong, but until we get a breakout to the upside of the triangle,...
AUD/USD Forecast January 16, 2012, Technical Analysis
AUD/USD fell originally for the session on Friday, but managed a bounce later to form a hammer. The candle is sitting just below the vital 1.04 resistance line, an area that has contained the market for quite...