Forex-Metal Daily Analysis – 19/08/2011
Greenback wins back its previous losses.
Category: Daily Forex Reports
Forexpros.com Daily Analysis – 19/08/2011
ForexPros Daily Analysis August 19, 2011 Euro, Pound Bouncing off Next Long, Yen Still Hugging Lows Euro: On the daily, the euro spent the last couple of days in short setups into the next half way back...
Safe-Haven Appeal Rising as Traders Flee Risk
A short series of data released yesterday painted a weaker picture for the global economy’s growth. Weekly unemployment claims in the US saw a worse than forecast rise, hitting 408,000 for the past week.
AUD/USD Technical Analysis August 19, 2011
The AUD/USD pair fell hard on Thursday as traders got bad news out of the US, and the European debt fears continue to take center stage.
EUR/USD Technical Analysis August 19, 2011
Thursday saw a selloff in the EUR/USD again. The 1.45 area seems to be an area that sellers are willing to step in and get involved, and this past time has been no different.
GBP/USD Technical Analysis August 19, 2011
GBP/USD fell as the world got spooked by fears coming out of Europe involving the debt crisis, and the Philly Fed numbers came in very poor. The reality is that the world could be slipping into recession,...
USD/CAD Technical Analysis August 19, 2011
The USD/CAD pair rose on Thursday as the oil markets sold off in a violent manner. The weak Philly Fed numbers out of the US only stoked the fires that were burning after a massive sell off...
USD/CHF Technical Analysis August 19, 2011
The USD/CHF pair remains somewhat stagnant as the trading community currently fears whatever means the Swiss National Bank are willing to take in order to keep the value of the Franc down.
USD/JPY Technical Analysis August 19, 2011
The USD/JPY continues its slow march south as the trading world tentatively tests the patience of the Bank of Japan. The central bank intervened just two weeks ago, and at levels just above where we presently sit.
19th August, 2011 – Daily Forex Report by GFM Research
Most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from important support of 74.00 ranges. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation...