Forex-Metal Daily Analysis -07/02/2012
The expectations of possible default in Greece are growing.
Tag: EURUSD
EUR/USD Forecast February 7, 2012, Technical Analysis
EUR/USD fell for most of the session on Monday as traders continue to worry about the European debt crisis. The Greeks still haven’t come to an agreement, and as such the Dollar gained.
7th February, 2012 – Daily Forex Report by GFM Research
The Dollar Index is expected to trade sideways with 78.20 acting as key support and 79.90 acting as key resistance. Dow Industrials entering supply zone of previous year highs of 12900 ranges, which may result in the...
Forex Metal Weekly Newsletter
Market review for 30.01 – 3.02, 2012
6th February, 2012 – Daily Forex Report by GFM Research
The Dollar Index is finding support the short-term support of 78.20 on the event of the key equity index of the Dow Industrials reaching supply zone of previous year highs of 12900 ranges. DXH2 may trade sideways...
EUR/USD Forecast February 6, 2012, Technical Analysis
EUR/USD went back and forth like it normally does on a Non-Farm Payroll day on Friday. The pair simply didn’t go anywhere, and the market is still “stuck” between the 1.32 level and the 1.30 level.
EURUSD Analysis – February 4, 2012
EURUSD remains in uptrend from 1.2624. Support is at 1.2930, followed by 1.2855, as long as these levels hold, uptrend could be expected to continue, and one more rise to 1.3500-1.3600 area is still possible after consolidation.
EUR/USD Forecast February 3, 2012, Technical Analysis
EUR/USD fell during the Thursday session in a tight range. The candle is a hammer, and it looks like the market wants to rise as a result of the Non-Farm Payroll numbers later today.
EUR/USD Forecast February 2, 2012, Technical Analysis
EUR/USD rose for most of the session as the Euro gained against the Dollar in a Fed-induced selloff. The extension of ultra low interest rates has the Dollar on the back foot, and as a result the...
2nd February, 2012 – Daily Forex Report by GFM Research
The US Dollar continues its loosing streak on the event of stronger asset classes especially the benchmark equity index of the Dow Jones Industrials (.DJIA); now that the Dollar Index is trading near short-term support of 78.20,...