USD/CAD technical analysis for February 3, 2011
Support levels: 0.9820, 0.9711, 0.9650Resistance levels: 1.0057, 1.0050, 1.0212
Category: Daily Forex Reports
Forex-Metal Daily Analysis -03/02/2011
Sterling demonstrates strong growth. Asian and European trading sessions:
Forex Market Wavering amid Egypt Protests
Yesterday’s flare-up in Egypt between forces supporting president Mubarak and those calling for his ouster has apparently added to a rising atmosphere of uncertainty in the region which has pulled some investors away from their recent risk-taking.
03-Feb-2011 – FX Daily Report by GFM Research
Dollar, after hitting a new low of 1.3861 since November 09, 2010, found support and managed to post positive close marginally against euro at 1.3815 yesterday against previous close of 1.3828. Tracking dollar, Dow Jones Industrial Average...
GBP/JPY Outlook
Greetings. As we near the upcoming NFP announcement, let’s take a look at the GBP/JPY hourly chart. We’ve been in a steady uptrend in the GBP/JPY since the beginning of the year and it seems like we’ve...
Forex-Metal Daily Analysis -02/02/2011
Increased demand for the high-risk assets pressures the greenback. Asian and European trading sessions:
02-Feb-2011 – FX Daily Report by GFM Research
Dollar extended its loss against euro and settled at 1.3828 yesterday after making days low of 1.3843. US stocks and Dow Jones advanced yesterday after ISM manufacturing Index beat estimate. Dow Jones Industrial Average made new high...
FX Markets Eye U.S. ADP Non-Farm Employment Change
Today, traders should pay close attention to the release of the U.S. ADP Non-Farm Employment Change report. This indicator always provides for extreme market volatility in the major currency pairs. Traders may find good opportunities to enter...
Daily FX Market Outlook by AceTrader 2-2-2011
Market Review – 01/02/2011 20:20 GMT The dollar falls as upbeat global manufacturing ISM data boosts risk appetite The greenback declined against most of its counterparts on Tuesday as the solid global manufacturing ISM data together with...
Forex-Metal Daily Analysis -01/02/2011
Instability in Egypt influences the market. Asian and European trading sessions: