GBP/USD Forecast September 21, 2012, Technical Analysis
The GBP/USD pair fell for most of Thursday, but bounced in order to form a hammer and the 1.62 level. This pair has been broken out for some time, and as such we are very bullish of...
Category: Daily Forex Reports
EUR/USD Forecast September 21, 2012, Technical Analysis
The EUR/USD pair fell during the session on Thursday as the 1.3 0 Level Gave Way to the sellers. However, towards the end of the day we did get a bit of a bounce and we now...
AUD/USD Forecast September 21, 2012, Technical Analysis
The AUD/USD pair fell during most of the trading day on Thursday, but did manage to balance in order to form a nice-looking hammer. It appears that the 1.04 level was massively supportive at this point time,...
JPY Recovers Losses Following BOJ Monetary Easing
After tumbling against virtually all of its main currency rivals during overnight trading yesterday, after the Bank of Japan (BOJ) announced a new round of monetary easing, the JPY was able to recover virtually all of its...
EUR/USD Forecast September 20, 2012, Technical Analysis
The EUR/USD pair fell during most of the session on Wednesday, only to find the 1.30 level was fairly supportive. The candle at the end of the day ended up being a hammer, and this of course...
USD/JPY Forecast September 20, 2012, Technical Analysis
The USD/JPY pair had a fairly wild day on Wednesday as it initially broke above the 79 handle, only to be turned around and slammed back down to the 78.30 area. We still maintain that the Bank...
GBP/USD Forecast September 20, 2012, Technical Analysis
The GBP/USD pair fell during the session on Wednesday, only to turn around and bounce in order to form a hammer. It looks like the 1.62 level wants to be support now, and with the recent rise...
AUD/USD Forecast September 20, 2012, Technical Analysis
The AUD/USD pair fell initially during the Wednesday session, but bounced higher in order to form a hammer for the second day in a row. This is a very strong signal, and the fact that informed just...
USD/CAD Forecast September 20, 2012, Technical Analysis
The USD/CAD pair had a fairly quiet session during the Wednesday trading day, especially when you consider the fact that the oil markets were rocking to the downside. The promises of Saudi oil ministers to produce more...
Daily FX perspective September 20, 2012 – GFM Research
The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...