AUD/USD Forecast December 30, 2011, Technical Analysis
AUD/USD bounced on Thursday as the “risk on” trade came back into vogue. The market is very schizophrenic in its behavior lately, so this bounce isn’t a surprise anymore.
Category: Daily Forex Reports
EUR/USD Forecast December 30, 2011, Technical Analysis
The EUR/USD fell during the session on Thursday after the Italian 10 year bond auctions came out with a lackluster performance. The yield was just under 7%, but the after auction trading in the secondary markets saw...
GBP/USD Forecast December 30, 2011, Technical Analysis
GBP/USD fell on Thursday as the Italian bond auction didn’t go as well as expected. This pushed riskier assets down, but the follow thorough just wasn’t there in this pair. Because of this, we saw the pair...
USD/CAD Forecast December 30, 2011, Technical Analysis
USD/CAD fell on Thursday as the oil markets rebounded from the Wednesday fall. The pair looks as if it is sitting on top of a massive support zone, and the fall on Thursday could have been exacerbated...
USD/CHF Forecast December 30, 2011, Technical Analysis
The USD/CHF pair originally rose during the session on Thursday, but fell later in the day as the Italians managed to get the auction off on their 10 year bonds. The yields were at just under 7%,...
USD/JPY Forecast December 30, 2011, Technical Analysis
USD/JPY fell during the Thursday session as the Dollar lost ground against many of the major currencies around the world. The pair has been forming a massive triangle over the last several weeks, and the bottom support...
EURJPY technical outlook by FxArsenal
Today EURJPY has tested ultra strong both historical and psychological support level 100.00. In case of breach of 100 level,
29th December, 2011 – Daily Forex Report by GFM Research
Correction in benchmark equity index of the Dow Jones Industrials from historic resistance zone of 12300-12380 ranges and Consumer Confidence numbers beating the street led to the Dollar Index appreciating by 1 point to close firm at...
US Data to Close out the Year on a High Note
There has been a noticeable trend of stronger US economic data over Q4. Today’s last batch of US numbers for this year may show the US economy go into 2012 on a high note.
AUD/USD Forecast December 29, 2011, Technical Analysis
AUD/USD fell on Wednesday as the trading world moved to the bearish side in light volume. The pair did look a bit heavy as it approached 1.02, and the parity level looks like a magnet for this...