Forex-Metal Weekly Analysis
Market review for 5 – 9.03, 2012
Category: Daily Forex Reports
Robust US Jobs Report Boosts Greenback
A better than expected US Non-Farm Payrolls figure boosted the USD against its main currency rivals to close out last week’s trading session. In yet another sign that the economic recovery is moving forward, the US added...
USD/CAD Forecast March 12, 2012, Technical Analysis
The USD/CAD pair went back and forth for the Friday session as the market simply cannot make any real headway in either direction currently. This is because of several different factors, but most notably the oil markets,...
AUD/USD Forecast March 12, 2012, Technical Analysis
The AUD/USD pair fell during the session on Friday as the Non-Farm Payroll numbers were better than expected. However, it should be noted that the recent hammer at the 1.05 level is still there to offer support,...
USD/CHF Forecast March 12, 2012, Technical Analysis
The USD/CHF pair rose rapidly during the Friday session as the market bought the US dollar on the whole. The Non-Farm Payroll numbers were better than expected, and as a result the world ran to the USA.
GBP/USD Forecast March 12, 2012, Technical Analysis
The GBP/USD pair fell hard during the session on Friday in order to test the support at the 1.5650 level. This area held again, but it must be stated that the session closed at the absolute lows,...
USD/JPY Forecast March 12, 2012, Technical Analysis
The USD/JPY pair took off again on Friday as the Non-Farm Payroll numbers came in better than expected. The pair continues to attract inflows as the Bank of Japan continues to add to their bond buyback program,...
EUR/USD Forecast March 12, 2012, Technical Analysis
The EUR/USD pair fell hard on Friday as the Non-Farm Payroll number came out better than expected. The Greeks we also finally labeled as being in default, and the CDS markets saw the insurance policies triggered.
USD/CHF Forecast March 9, 2012, Technical Analysis
The USD/CHF pair fell hard on Thursday as the markets sold off the recent spike in the value of the Dollar against the Franc. The recent action has been very bearish, and this pullback from the bounce...
USD/JPY Forecast March 9, 2012, Technical Analysis
The USD/JPY pair rose a bit during the Thursday session as the Yen lost against most other major currencies. The recent break of the 80 level is a very strong signal, and as a result we are...