EURUSD Analysis – February 16, 2013
EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2661. As long as the trend line support holds, the fall from 1.3711 could be treated as consolidation of the uptrend.
Tag: EURUSD
EUR/USD Forecast February 18, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Friday, as it danced around the 1.3350 level. This area should provide a bit of support, but the weekly candle looks very poor at this point...
EUR/USD Forecast February 15, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, triggering the sell signal from the shooting star on Wednesday. However, by the end of the day we did see a little bit of a bounce to confirm...
GFM Research FX Daily Report, Feb 15, 2013
Market Commentary The Dollar Index (DX) is trading strong at 80.46 ranges with most of the asset classes trading weak or in narrow ranges at their respective resistances; next leg of Dollar weakness is expected only on...
EUR/USD Forecast February 14, 2013, Technical Analysis
The EUR/USD pair gained during the session on Wednesday, breaking above the 1.35 level again. However, by the end of the session the Euro was pushed below the 1.35 line in order to form a shooting star.
GFM Research FX Daily Report, Feb 14, 2013
Market Commentary The Dollar Index (DX) is trading narrow at 80.15 ranges with most of the asset classes trading in the narrow ranges especially the benchmark equity index of the Dow Industrials (DJIA) trading tight around the...
EUR/USD Forecast February 13, 2012, Technical Analysis
EUR/USD fell during the session on Tuesday originally, but found enough support in order to bounce back in over the 1.3450 level. At the end of the session, that is roughly where we are trying to close,...
GFM Research FX Daily Report, Feb 13, 2013
Market Commentary The Dollar Index (DX) finds resistance at intermediate resistance of 80.50 ranges on the event of most of the asset classes finding stability. Though next leg of Dollar weakness is expected only on DX consistently...
EUR/USD Forecast February 12, 2013, Technical Analysis
The EUR/USD pair rose during the session on Monday, bouncing off of the lows that we had put in last week. However, we did give back a significant amount of the gains, so now we are left...
GFM Research FX Daily Report, Feb 12, 2013
Market Commentary The Dollar Index is trading firm at 80.00 ranges on the event of most of the asset classes either nearing their respective resistance zones or correcting. The benchmark equity index of the Dow Industrials (.DJIA)...