Forex-Metal Daily Analysis -22/02/2011
Instability in the Middle East and Africa regions concerns the market.
Category: Daily Forex Reports
EUR/USD candlestick analysis for February 22, 2011
The EUR/USD currency pair has found a strong resistance level near 1.3720-1.3740, to roll back further. Earlier on a 4-hour graph the EUR/USD has formed candlestick combination Falling Three Methods, indicating downside movement.
Crude Oil Soars on Middle East Risk Premium
Spot crude oil prices rose to their highest level of the year following further violence in Libya and Yemen, as well as protests in Iran. As unrest spreads, crude oil and the US dollar look to benefit...
22nd February 2011 – FX Daily Report by GFM Research
Dow Jones Industrials (.DJIA) correlation suggests strength for Dollar in very short-term. With Dow showing signs of sell off from historic congestion zone of 12300 ranges, most of the majors showed signs of yielding against the USD....
Daily FX Market Outlook by AceTrader 22-2-2011
Market Review – 21/02/2011 16:01 GMT Dollar n yen strengthen on the escalation of geopolitical tensions in the Middle East and Libya The dollar n the Japanese yen strengthened on Monday as violence in Libya n the...
Forex Metal Weekly Newsletter
Market review for 14 – 18. 02, 2011 Previous trading week started with a US dollar competitors’ weakness.
Will the Euro’s Rally Continue?
Last week, one of the most notable trends in the market was the bullish euro. By Friday, the euro was once again boosted on speculation that the ECB will hike interest rates in February. Today, several economic...
21st February 2011 – FX Daily Report by GFM Research
EURUSD settled higher on Friday at 1.3693 after breaking a key resistance of 1.3640. The Common Currency can rise to 1.3826 in near-term if sustains above 1.3640. We are expecting the Cable to out perform compared to...
Daily FX Market Outlook by AceTrader 21-2-2011
Market Review – 18/02/2011 20:16 GMT Euro rallies as ECB official Lorenzo Bini Smaghi signals ECB may hike rates due to inflation pressures Euro rallied broadly on Friday after Lorenzo Bini Smaghi, an European Central Bank Executive...
Forex-Metal Daily Analysis -18/02/2011
Middle East problems support the demand for save-haven assets. Asian and European trading session: