GBPUSD Analysis – November 6, 2010

by ForexCycle.com | November 6, 2010 4:42 am
GBPUSD continues its upward movement from 1.4230 and the rise extended to as high as 1.6298 level. Further rise is still in favor next week and next target would be at 1.6400-1.6500. Support is at 1.6050, as...

EURUSD Analysis – November 6, 2010

by ForexCycle.com | November 6, 2010 4:39 am
EURUSD remains in uptrend from 1.1876. The price action from 1.4152 is treated as consolidation of uptrend. Pullback to 1.3800-1.3900 area is expected next week.

Gold at Record High as USD Plummets after Fed Announcement

by Forexyard.com | November 5, 2010 7:26 am
Crude oil and gold reached level highs Thursday as investors turned to commodities amid concerns over the effect of the Federal Reserve’s 600 billion quantitative easing plan on the U.S. dollar and the U.S. economy.

Daily FX Market Outlook-5-11-2010 by AceTrader

by AceTraderfx.com | November 5, 2010 1:00 am
Market Review – 04/11/2010 23:02 GMTDollar falls broadly on risk appetite after Fed decision The greenback dropped against major currencies on Thursday as the Federal Reserve’s bond-purchasing plan prompted investors to seek higher-yielding currencies and the Australian...

Forexpros.com Daily Analysis – 04/11/2010

by forexpros.com | November 4, 2010 12:22 pm
ForexPros Daily Analysis November 04, 2010 Euro, Pound March Towards Long Target Fed day provided some volatility with Euro and Pound pulling back into their next long setups. Interest rate decisions in the euro area (8:45am est)...

Forex-Metal Daily Analysis – 04/11/2010

by Forex-Metal.com | November 4, 2010 11:43 am
Release of the highly anticipated FOMC decision. Asian and European trading sessions: Euro: The EUR/USD pair showed minimums at the level of $1,4000. US Dollar: On Wednesday the US dollar showed its temporary rehabilitation against the major...

Dollar is Mixed After Quantitative Easing Announcement

by Forexyard.com | November 4, 2010 7:13 am
Thursday afternoon the Federal Reserve launched a second round of quantitative easing. The Fed announced its much anticipated decision to buy an additional $600 billion of Treasuries. Following the announcement the dollar traded near its 2010 low...