EUR/USD Technical Analysis October 25, 2011
EUR/USD rose again on Monday, but saw a sharp pullback from the 1.3950 area in the later hours of trading. It should be noted that the 1.30 level had served as resistance over the last few days,...
Tag: EURUSD
25th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index is approaching important support zone of 75.40-76.00, consistent close below 75.00 would resume long-term bearishness in the USD. Though 76.00 ranges are expected to again act important support in short term; historic resistance in...
EUR/USD Analysis (October 24)
With a break above the high of October 17 (1,3914), the pair has confirmed a bullish bias over the short term.
EUR/USD Technical Analysis October 24, 2011
EUR/USD rose again on Friday as traders anticipated some grand plan coming out of the EU over the weekend. The fact that it couldn’t break out of its trading range shows just how little faith there actually...
EURUSD Analysis – October 22, 2011
EURUSD is in uptrend from 1.3146, the price action from 1.3914 is treated as consolidation of uptrend. Further rise could be seen after consolidation, and next target would be at 1.4200-1.4300 area. Support levels are at 1.3500...
EUR/USD Technical Analysis October 21, 2011
EUR/USD had a wild day on Thursday as one would expect, given the nature of the financial crisis in European. The markets aren’t really sure what to do at the moment, and with the EU meeting over...
21st October, 2011 – Daily Forex Report by GFM Research
The Dollar Index is trading in tight range between 77.50 and 76.50 as a result the benchmark equity index of the Dow Industrials traded flat. Though 76.00 ranges are expected to again act important support in medium...
Forex-Metal Daily Analysis – 20/10/2011
As the rumours around the agreement between France and Germany on increasing the size of EFSF reinforced, the euro strengthened.
20th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index recovered off the European lows during the American trading session on the event of correction/continued fall witnessed in most of the asset classes. Though 76.00 ranges are expected to again act important support in...
Forex-Metal Daily Analysis – 19/10/2011
Speculations regarding possible credit rating reduction of France pressure the euro.