EUR/USD Forecast December 23, 2011, Technical Analysis

by FX Empire | December 23, 2011 7:32 am
EUR/USD rose again during the session on Thursday as the “risk on” move came back into the markets in general. The stock markets gained, and the optimism increased during the session judging by the rise in such...

23rd December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 23, 2011 5:51 am
Amidst holiday season the Dollar index is trading flat. Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges is holding on weekly closing basis, though 81.40 ranges...

22nd December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 22, 2011 5:43 am
The US Dollar continued trading strong against the Euro and Swiss Franc whereas traded flat against the Cable and the Aussie Dollar. Major trend is range bound between 73.40 and 81.40 where as the medium trend is...

21st December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 21, 2011 7:54 am
The Greenback lost across the board especially against the Cable, the Aussie Dollar and the Common Currency on the event of the benchmark equity index of the Dow Jones Industrials gaining more then 200 points. Major trend...

EUR/USD Forecast December 20, 2011, Technical Analysis

by FX Empire | December 20, 2011 7:39 am
EUR/USD fell on Monday as the market continues to concern itself with the European debt crisis. The Euro is fairly untouchable at the moment, even if it is sitting right on the 1.30 level, an obvious support...

20 December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 20, 2011 7:15 am
The Dollar Index is trading range bound on the advent of long holiday season; Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges are holding, though 81.40...

EURUSD Analysis – December 18, 2011

by ForexCycle.com | December 18, 2011 11:07 am
EURUSD broke below 1.3146 support, suggesting that the downtrend from 1.4246 has resumed. Further decline could be seen in a couple of weeks, and next target would be at 1.2500 area. Resistance remains at the upper border...

EUR/USD Forecast December 19, 2011, Technical Analysis

by FX Empire | December 18, 2011 11:01 am
EUR/USD rose slightly on Friday as traders did a bit of profit taking before the weekend. However, the options markets are showing that the net short positions in the Euro are at all-time highs, suggesting that the...

EUR/USD Forecast December 16, 2011, Technical Analysis

by FX Empire | December 16, 2011 5:17 am
EUR/USD had a fairly quiet day during the Thursday session as the 1.30 level came into play to offer support. The area is a major one, and the 1.29 would need to be broken in order to...