USD/JPY Forecast March 14, 2012, Technical Analysis
The USD/JPY pair fell at first on Tuesday, but managed to pop hard to the upside in the most recent example of a market that simply doesn’t want to fall for any significant amount of time.
Category: Daily Forex Reports
EUR/USD Forecast March 14, 2012, Technical Analysis
The EUR/USD pair fell again for the Tuesday session as the Federal Reserve failed to suggest that further quantitative easing is on the way. This strengthened the Dollar, and the Euro took it hard.
USD Maintains Gains to Start Off Week
The USD maintained its bullish trend yesterday, as strong employment data out of the US last week boosted investor confidence in the American economic recovery. The EUR/USD dropped as low as 1.3078 during the morning session yesterday,...
USD/CAD Forecast March 13, 2012, Technical Analysis
The USD/CAD pair rose a bit during the session on Monday as oil prices fell. The pair still has a lot of weigh hanging overhead, so this bounce does little to inspire confidence for the bulls though....
AUD/USD Forecast March 13, 2012, Technical Analysis
The AUD/USD pair fell during the session as the risk appetite of the markets fell on the whole. The end of the session saw a little bit of a bounce in this market, and the resulting candle...
USD/CHF Forecast March 13, 2012, Technical Analysis
The USD/CHF pair fell for the bulk of the Monday session, even after initially rising in value. The pair ran headfirst into the 0.92 level, and found it a bit too taxing to rise above. The level...
GBP/USD Forecast March 13, 2012, Technical Analysis
The GBP/USD pair fell during the Monday session as the “risk off” trade came into play. It should be noted that the attitude wasn’t of panic or any such thing – it was simply calm before the...
USD/JPY Forecast March 13, 2012, Technical Analysis
The USD/JPY pair fell slightly during the session on Monday in otherwise light trading. The stock markets were quiet, as were the futures markets. The pair has recently moved up quite strongly, so a pause isn’t too...
EUR/USD Forecast March 13, 2012 Technical Analysis
The EUR/USD pair fell at the open for the Monday session, but bounced in order to form a hammer at the top of serious support. The support level, which runs from the 1.29 to 1.31 levels, should...
13th March, 2012 – Daily Forex Report by GFM Research
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...