EUR/USD Forecast January 30, 2012, Technical Analysis
EUR/USD continued to rise during the Friday session as the shooting star from Thursday got violated. The 1.32 level has been breached, and the market looks very healthy at this point in time.
Category: Daily Forex Reports
Forex-Metal Daily Analysis -27/01/2012
The U.S. dollar was traded lower against almost all of its major competitors.
EUR Bullish as Investors Shift Focus to Fed Decision
The euro staged a strong upward correction throughout the day yesterday, as investors shifted focus away from the euro-zone crisis to a recent decision from the US Federal Reserve.
AUD/USD Forecast January 27, 2012, Technical Analysis
The AUD/USD pair surged again on Thursday as the “risk on” trade continues. The fact that the Federal Reserve is promising to keep rates ultra low until the end of 2014 continues to put in a bid...
EUR/USD Forecast January 27, 2012, Technical Analysis
EUR/USD rose during the Thursday session as traders continued to sell the Dollar overall. However, by the end of the session, all of those gains were given up as the market formed a shooting star at the...
GBP/USD Forecast January 27, 2012, Technical Analysis
GBP/USD rose again on Thursday as traders continued to buy the Pound in general. The move higher has been pretty impressive, but the truth is that the pair had entered a downtrend a couple of months ago,...
USD/CAD Forecast January 27, 2012, Technical Analysis
The USD/CAD pair fell during the Thursday session as traders pushed the market down below the parity level. The market continues to be pushed around by the oil markets, and will certainly be so for the near...
USD/CHF Forecast January 27, 2012, Technical Analysis
USD/CHF fell during the Thursday session as the Dollar got sold against many currencies around the world. The later hours saw a bounce though, and the resulting candlestick formed a hammer.
USD/JPY Forecast January 27, 2012, Technical Analysis
USD/JPY fell during the Thursday session as the shooting star we pointed out from Wednesday got triggered to the downside. The pair is decidedly bearish overall, and the recent consolidation area had absolutely no reason to break...
27th January, 2012 – Daily Forex Report by GFM Research
After the US Dollar lost across the board on the event of no change in the interest rate, most of the appreciated as result, currently the Green back is trading sideways. The medium trend is bullish till...