EUR/USD Forecast November 13, 2012, Technical Analysis
The EUR/USD pair fell again during the session on Monday, as we currently hover above the 1.27 handle. This level is the bottom of significant support from the previous consolidation area.
Tag: EURUSD
Daily FX perspective November 12, 2012 – GFM Research
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges a head of the FOMC meeting tomorrow. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off...
EURUSD Analysis – November 10, 2012
EURUSD breaks below 1.2803 support and reaches as low as 1.2690, suggesting that lengthier consolidation of the uptrend from 1.2042 is underway. Deeper decline is still possible next week, and next target would be at 1.2600 area.
EUR/USD Forecast November 12, 2012, Technical Analysis
EUR/USD rallied initially on Friday, but failed to get above the 1.28 level which should now be resistance. Because of that break down, we believe that this pair goes much lower, perhaps as low as 1.24 before...
Daily FX perspective November 9, 2012 – GFM Research
Despite weakness in the benchmark equity index of Dow Industrials (.DJIA), resilience was seen in the appreciation of the Greenback against most of the FX majors. The Dollar Index may again expected to find resistance at 81.00...
EUR/USD Forecast November 9, 2012, Technical Analysis
The EUR/USD pair fell during much of the session on Thursday as the bottom of the shooting star from Wednesday got broken to the downside. However, by the end of the session we saw buying at the...
Daily FX perspective November 8, 2012 – GFM Research
Weakness in most of the asset classes, especially in equities led to strengthening of the US Dollar after showing weakness for most of the European session. The Greenback continued to gain against the Common currency, the Swiss...
EUR/USD Forecast November 8, 2012, Technical Analysis
EUR/USD initially spiked during the session on Wednesday with the Obama reelection, as it was thought that the US dollar would be devalued through more quantitative easing and extreme spending.
EUR/USD Forecast November 7, 2012, Technical Analysis
The EUR/USD pair fell below the 1.28 level for the second day in a row on Tuesday, only to pop back up and form a hammer yet again. The Euro is showing a significant amount of resilience...
Daily FX perspective November 7, 2012 – GFM Research
The Dollar traded flat against the Euro, the Cable and the Swiss France whereas it continued to slide against the Aussie Dollar. The Dollar Index is again expected to find resistance at 81.00 ranges from where is...