Positive US Data Fails to Boost EUR

by Forexyard.com | January 9, 2012 7:33 am
Despite a positive US jobs report on Friday, which would have normally boosted riskier assets like the euro, the common currency maintained its bearish trend to close out the week. The EUR/USD dropped to its lowest level...

9th January, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | January 9, 2012 6:55 am
The Dollar Index continued to appreciate on the event of the benchmark equity index of the Dow Jones trading soft; the Common Currency has lost most against the Greenback as compared to other currencies followed by the...

USD/CAD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 5:02 am
USD/CAD had another bullish session on Friday as the traders reacted to several different influences at once. The Canadian jobs numbers weren’t very impressive, and the oil markets fell.

AUD/USD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 5:01 am
The AUD/USD pair fell on Friday as traders took a bit of risk off globally. The Dollar continues to get a bid in general, and this pair wasn’t much different. However, the 1.02 area below should offer...

USD/CHF Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 5:00 am
USD/CHF rose again during the Friday session and even broke to a new high. The pair formed a shooting star for the session, but has been impressive over the last several months as it continues to grind...

GBP/USD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 4:59 am
GBP/USD fell on Friday as traders continue to show concern of all things European related. The 1.55 to 1.53 level is one massive support zone, and a break below that area would signal that the rout is...

USD/JPY Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 4:58 am
The USD/JPY pair fell on Friday as traders sold off risk everywhere, and the Yen got a bid in general. However, the pair is near the bottom of its most recent range, and the levels below will...

EUR/USD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 4:57 am
The EUR/USD pair fell on Friday as the Non-Farm Payroll report showed that American jobs continue to be added. This could be the result of just another example of US strength, and the fact that Europe is...

EURUSD longterm outlook by FxArsenal

by fxarsenal.com | January 7, 2012 2:16 pm
Since New Year EURUSD has significantly declined breaching a few major support levels and reaching its low from beginning of 2011.