European Debt Crisis Arrives in Germany
Germany’s failed bund auction shows the European debt crisis has made its way to the core of Europe.
Category: Daily Forex Reports
AUD/USD Forecast Nov. 28th, 2011, Technical Analysis
The AUD/USD pair attempted a rally on Friday only to fail and print a second shooting star in a row. Both of these are at the bottom of a fall, and this shows that the pair may...
EUR/USD Forecast Nov. 28th, 2011, Technical Analysis
EUR/USD fell hard during the Friday session as the onslaught continued. The Euro simply has major issues now, with many starting to question its very existence in a few years.
GBP/USD Forecast Nov. 28th, 2011, Technical Analysis
GBP/USD fell again on the Friday session after first attempting to rally above the 1.55 level. The pair is in a free fall at this point, although in the middle of a support zone. The 1.53 level...
USD/CAD Forecast Nov. 28th, 2011, Technical Analysis
The USD/CAD had a volatile day on Friday as traders first attempted to sell it off, only to turn around and buy it back. The markets nature suggests that the run to safety will continue, which means...
USD/CHF Forecast Nov. 28th, 2011, Technical Analysis
The USD/CHF pair rose on Friday as traders continue to worry about debt issues in the EU, and run to the Dollar. The pair has made a new high, and as a result should move much higher.
USD/JPY Forecast Nov. 28th, 2011, Technical Analysis
The strong rise in the USD/JPY on Friday was certainly impressive, and many traders would probably feel fairly good about buying this pair at the moment as the Dollar is quickly becoming the currency to own overall.
AUD/USD Analysis (November 27)
The antipodean is now under pressure and we expect a new test of the key 0,94 support.
USD/CAD Analysis (November 27)
The pair is now on its way up after a bounce confirmation on parity.
USD/CHF Analysis (November 27)
The pair is trading higher after having found some good support on top of 0,86 area.