EUR/USD Forecast February 1, 2012, Technical Analysis
EUR/USD rose for the beginning of the session on Tuesday, but gave up those gains before it was all said and done. The pair fell hard, but found the 1.31 level as being supportive yet again.
Category: Daily Forex Reports
1st February, 2012 – Daily Forex Report by GFM Research
The Dollar Index is trading near short-term support of 78.20; though the medium-term trend is bearish, DXH2 may trade sideways between 79.80 and 78.20. The long-term trend is still bearish till the Dollar Index does not close...
Forex-Metal Daily Analysis -31/01/2012
The Euro fell on expectations of started today EU summit in Brussels.
USD/CAD Forecast January 31, 2012, Technical Analysis
USD/CAD rose at first during the Monday session, but was quickly beat back down by the sellers as the trend continued to the downside. The parity level is still acting as support, but the recent action in...
AUD/USD Forecast January 31, 2012, Technical Analysis
AUD/USD fell during the session on Monday as the markets were initially weak in Asia and Europe. The Aussie is always receptive to the “risk appetite” globally, and as a result will often fall in these situations.
USD/CHF Forecast January 31, 2012, Technical Analysis
USD/CHF rose during the session on Monday as the markets bounced in the Dollar’s favor. The 0.91 level acted as support, and as a result we saw traders step in at that area.
GBP/USD Forecast January 31, 2012, Technical Analysis
GBP/USD fell on Monday, but managed a bounce late in trading to form a hammer. The 1.57 level is looking supportive at this point, and it appears that the market may want to make a run at...
USD/JPY Forecast January 31, 2012, Technical Analysis
The USD/JPY pair fell during the Monday session, and even went so far as to fall below the 76.50 level that has been so obviously supportive over the last several months.
EUR/USD Forecast January 31, 2012, Technical Analysis
EUR/USD fell during the session on Monday as the markets were in “risk off” mode again. The pair did find support at the recent 1.31 resistance level however, and this is a bullish sign now that the...
31st January, 2012 – Daily Forex Report by GFM Research
The Dollar Index tried to trade strong during the Asian session and the European session but continued last week’s fall after the Dow Industrials recovered from the lows during mid New York trade. It is trading near...