USD/CAD Technical Analysis September 14, 2011
USD/CAD continues to meander in a 200 pip range as it falls on Tuesday. The pair looks like it is waiting for something big to happen, and we believe that is a bull move in the oil...
Category: Daily Forex Reports
AUD/USD Technical Analysis September 14, 2011
The AUD/USD pair had a whipsaw kind of day on Tuesday as traders simply didn’t know which direction to trade most of the world’s markets. The pair is a proxy for risk, so this isn’t a surprise.
USD/CHF Technical Analysis September 14, 2011
The USD/CHF pair continues to drift around the 0.88 handle as traders have abandoned shorting the Swiss Franc. The USD had a fairly poor day on Tuesday, and as a result, this pair didn’t move again. In...
GBP/USD Technical Analysis September 14, 2011
GBP/USD fell gain on Tuesday, and is testing the lows of the massive consolidation area between 1.5750 and 1.65 again. This is a bearish sign for the pair, and the fact that yesterday’s candle was broken through...
USD/JPY Technical Analysis September 14, 2011
USD/JPY fell on Tuesday, as traders sold the USD against most currencies. The main reason is that nothing bad came out of Europe for once.
EUR/USD Technical Analysis September 14, 2011
The EUR/USD got a pop on Tuesday as traders reacted to every piece of news or rumor coming out of the Euro Zone. The reports of a joint statement coming out of the French and German governments...
14th September, 2011 – Daily Forex Report by GFM Research
The Greenback continued to trade firm against most of the FX majors on the event of continued correction in the prices of most of the asset classes especially the equities. Double dip depression in the US is...
GBP/JPY Analysis
Greetings. Let’s take a look at the GBP/JPY hourly chart. We’ve seen a nice run down and there seems to be more potential bearish movement ahead in the longer term.
AUD/USD Analysis (September 13)
The pair is carving out a lower top on the weekly chart which confirms a possible long term trend reversal and the recent consolidation only reinforces this scenario.
USD/CAD Analysis (September 13)
At the end of last week, the pair was finally showing some ability to confirm a bullish outlook bounce but once again the parity level has offered some strong resistance over the last session.