USD/CAD Technical Analysis September 27, 2011
USD/CAD rose back above the 1.03 handle on Monday, only to fall back below it later in the session. The rebound that the oil markets saw certainly played a part in this, and the pair looks like...
Category: Daily Forex Reports
AUD/USD Technical Analysis September 27, 2011
AUD/USD fell hard on Monday, but managed a large bounce in the US session to form a hammer at the 0.97 support level. The level looks like it is going to produce a bounce, and this would...
USD/CHF Technical Analysis September 27, 2011
USD/CHF rose a bit during the Monday session, only to be repelled for the second time in three sessions. The 0.9000 level sits just below, and it looks like it wants to hold this pair up at...
GBP/USD Technical Analysis September 27, 2011
GBP/USD had a strong day on Monday as traders bought risk around the globe. The cable popped back over the all-important 1.55 handle, and it looks like the area is going to be massively supportive at this...
USD/JPY Technical Analysis September 27, 2011
USD/JPY had a fairly quiet day again on Monday, with a slightly negative bias to it. The pair is still being held afloat in the 76 area, as traders simply haven’t been able to test the resolve...
EUR/USD Technical Analysis September 27, 2011
EUR/USD had a wild back and forth day on Monday as traders continue to weigh everything European. The end of the US session received an announcement that the Europeans are in the middle of formulating a large-scale...
27th September, 2011 – Daily Forex Report by GFM Research
Dollar Index after hitting major resistance zone of 78.75-79.30 ranges sold off to currently trade at 78.00 ranges. Dollar Index may correct to 77.00 ranges and later towards 76.20. Only weekly close below 76.20 results in reinitiating...
Forex Metal Weekly Newsletter
Market review for 19 – 23. 09, 2011
26th September, 2011 – Daily Forex Report by GFM Research
Dollar Index is nearing resistance zone of 78.75-79.30 ranges; most of the asset classes especially the precious metals after the parabolic bull run sold off during whole week ; though double dip depression in the is still...
AUD/USD Analysis (September 25)
The Aussie has been one of the main victims of the shift towards risk aversion on the market. The market has broken back below parity like a knife through butter…