Forex Metal Weekly Newsletter
Market review for 21 – 25. 02, 2011
Month: February 2011
Recent Recommended Trades by AceTrader
Update Time: 28 Feb 2011 08:00GMT INTRA-DAY GBP/USD OUTLOOK – +1.6095+ Although cable’s strg rebound fm 1.6072 (Asia) nsubsequent brief break of 1.6030 (AUS) res suggestslast week’s decline has made a temp. low at 1.6030in NY, present...
GDP Divergence Between G4 countries
Global equity markets rallied on Friday, as oil prices stabilized. Traders should not mistakenly think that the Libya situation is behind us. Libya shows no signs of quieting down, and it is likely that we will see...
Unrest in Libya Boosts Crude Oil to $99.90; Non-Farm Payrolls Week Begins
Last week’s most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in Libya, which has by now cut two thirds of its oil supply. While...
28th February 2011 – FX Daily Report by GFM Research
EURUSD may find stiff resistance at 1.3955 ranges. Common Currency fell after taking resistance near high of 1.3861 made on February 02, 2011 and settled lower at 1.3751, halting two days rally. EURUSD is showing bit of...
Daily FX Market Outlook by AceTrader 28-2-2011
Market Review – 27/02/2011 23:27 GMT Euro retreats fm 3-week high on long liquidations ahead of weekend The euro initially extended recent ascent to a fresh 3-week high of 1.3839 in Asian morning after continued hawkish rhetoric...
USDCAD Analysis – February 26, 2011
USDCAD continued its downward movement from 1.0057, and the fall extended to as low as 0.9772 level. Deeper decline is expected next week and next target would be at 0.9600-0.9700 area. Resistance is at the downtrend line...
USDCHF Analysis – February 26, 2011
USDCHF broke below 0.9300 previous low support, suggesting that the long term downtrend from 1.1730 had resumed. Deeper decline could be seen in a couple of weeks and next target would be at 0.9000 area.
USDJPY Analysis – February 26, 2011
USDJPY had formed a cycle top at 83.96 level on daily chart. Deeper decline to test 80.30 key support is expected next week, a breakdown below this level will indicate that the long term downtrend from 94.98...
AUDUSD Analysis – February 26, 2011
AUDUSD moved sideways in a narrow range between 0.9943 and 1.0199 for several days. Resistance is at 1.0199, a break above this level will indicate that the uptrend from 0.8066 has resumed, then next target would be...