Forex-Metal Daily Analysis -27/09/2012
Market review for 26.09.12: The safe haven assets, the Dollar and the Yen strengthened today. Asian and European trading sessions:
Tag: EURUSD
Daily FX perspective September 27, 2012 – GFM Research
The Dollar Index continued to gain on the event of most of the asset classes correcting, especially the equities; today’s Asian trade has seen stability in the equities resulting in the Dollar Index trading marginally lower at...
EUR/USD Forecast September 27, 2012, Technical Analysis
The EUR/USD pair fell during the Wednesday session, but got a bounce later in the day at the 1.2850 level in order to form a hammer. In fact, this pair suddenly looks bullish as we anticipate the...
Will QE3 Really Damage the USD?
When the Fed announced last week they were going to resume the expansion of their balance sheet with another edition of QE, traders immediate reaction was to sell the USD and buy commodities. Positions were assumed accordingly,...
Daily FX perspective September 26, 2012 – GFM Research
Amidst most of the asset classes especially the equities correcting the Dollar Index appreciated to currently trade at 79.84. Further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
EUR/USD Forecast September 26, 2012, Technical Analysis
The EUR/USD pair fell during the session on Tuesday in order to test the 1.29 handle for support the second time in two days. This market still looks like it’s a bit overbought, and a pullback to...
Forex-Metal Daily Analysis -25/09/2012
Market review for 24.09.12: There were disagreements between European leaders.
EUR/USD: technical analysis – September 25, 2012
The exchange rate has stalled after breaking back into its channel. Wave 5 down is in the process of finishing. It is possible the correction has yet to play out, and it could bounce back up to...
EUR/USD Forecast September 25, 2012, Technical Analysis
The EUR/USD pair fell during the session on Monday as the pair continues to grind away below the 1.30 level. However, we do get a little bit of supportive action 1.29, and it looks like any move...
Daily FX perspective September 25, 2012 – GFM Research
Non eventful day contributed to dull trading in most of the FX Pairs. The Dollar Index is trading flat at 79.55 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the...