Forex-Metal Daily Analysis -12/01/2011

by Forex-Metal.com | January 12, 2011 9:03 pm
Euro managed to strengthen over the greenback. Asian and European trading sessions: Euro: Nevertheless that euro was under pressure due to the concerns over the Euro-zone crises, certain factors rendered support to the euro. The Japanese government...

Forex-Metal Daily Analysis -12/01/2011

by Forex-Metal.com | January 11, 2011 7:04 pm
Greenback was supported as unwillingness to take risks grew. Asian and European trading sessions: Euro: Concerns regarding the situation of the European peripheral countries and their weakened ability to raise financing continued to pressure the euro in...

AUDUSD Analysis – January 8, 2011

by ForexCycle.com | January 8, 2011 1:08 pm
AUDUSD remains in uptrend from 0.8066, the price action from 1.0182 is treated as consolidation of uptrend. Lengthier consolidation is expected in a couple of weeks and pullback to 0.9600 area to complete the consolidation would likely...

AUDUSD Analysis – January 1, 2011

by ForexCycle.com | January 1, 2011 12:29 pm
AUDUSD broke above 1.0182 previous high and reached as high as 1.0255 level. Further rise is still possible next week and next target would be at 1.0500 area. Support is at 1.0100 followed by 0.9980, only break...

AUDUSD Analysis – December 25, 2010

by ForexCycle.com | December 25, 2010 5:27 pm
AUDUSD’s upward move from 0.9537 extended to as high as 1.0064 level. Further rise towards 1.0182 previous high is still possible next week. Support is at 0.9900, as long as this level holds, uptrend could be expected...

Forex-Metal Daily Analysis -23 /12/2010

by Forex-Metal.com | December 23, 2010 11:12 am
The release of the GDP figures. Asian and European trading sessions: Euro: Today euro showed some growth as a correction from yesterday’s minimums. The willingness to take risks increased and high-risk currencies were supported. The EUR/USD pair...

Forex-Metal Daily Analysis -22 /12/2010

by Forex-Metal.com | December 22, 2010 9:01 pm
Ratings’ reduction pressures the euro. Asian and European trading sessions: Euro: The EUR/USD started today’s trading with the maximum of $1,3200, as the Government of China confirmed its intentions to support the European Union with debt problems....

Forex-Metal Daily Analysis -21 /12/2010

by Forex-Metal.com | December 21, 2010 7:06 pm
Demand for save-haven grows. Asian and European trading sessions: Euro: On the first day of this week the euro was affected by the reduction of the EC countries’ credit ratings by Moody’s Investors Service. Last week the...

Forex-Metal Market review for 13 – 17. 12, 2010

by Forex-Metal.com | December 20, 2010 6:37 pm
Previous trading week saw greenback being pressured by various factors. On Monday after the announced information that the Chinese Government would not increase the interest rates, the stock market grew and the greenback was pressured. Possibility, that...

AUDUSD Analysis – December 18, 2010

by ForexCycle.com | December 18, 2010 10:57 am
AUDUSD is forming a cycle top at 1.0027 level on daily chart. Key support is at 0.9750, a break below this level will confirm the cycle top, then another fall to test 0.9537 support could be seen....