EURUSD Analysis – February 6, 2011

by ForexCycle.com | February 6, 2011 8:47 am
EURUSD may be forming a cycle top at 1.3861 level on daily chart. Pullback to 1.3100-1.3200 area would likely be seen in a couple of weeks. However, the fall from 1.3861 is treated as correction of uptrend...

EUR/JPY candlestick analysis for February 4, 2011

by InstaForex.com | February 4, 2011 2:54 pm
On a 4-hour graph the EUR/JPY currency pair is probably forming a Falling Three Methods candlestick combination. As is known, this model is a signal for further downside movement.

FX Traders Anticipate US Non-Farm Payrolls

by Forexyard.com | February 4, 2011 7:54 am
The euro came off its recent highs following dovish ECB comments and strong employment data from the US. If yesterday’s economic data is any hint of today’s payroll numbers, the dollar rally may prove to have legs.

04-Feb-2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 4, 2011 6:59 am
Dollar strengthened against almost every pair on the back of positive US numbers released yesterday coupled with ECB President’s intention of not boosting interest rates in near future. ECB Monetary announcement dented the up rally of Euro,...

GBP/USD NFP Outlook

by c2fx.com | February 4, 2011 6:11 am
Greetings. It’s already our 2nd NFP for 2011 and time is just flying by. As always, here are the numbers for the Non-Farm Payroll announcements for the GBP/USD.

Forex Market Wavering amid Egypt Protests

by Forexyard.com | February 3, 2011 7:27 am
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

by gfmresearch.com | February 3, 2011 6:33 am
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...