Forex-Metal Daily Analysis – 19/10/2011
Speculations regarding possible credit rating reduction of France pressure the euro.
Tag: EURUSD
EUR/USD Technical Analysis October 19, 2011
EUR/USD had an absolutely wild day during the Tuesday session as the market originally sold it off, and hard – only to turn it around in the late hours of the NY session. After that came another...
19th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued to appreciate throughout the European session but profit booking was witnessed during the American session on the event of the benchmark equity index of the Dow Jones recovering off the gap down opening...
EUR/USD Technical Analysis October 18, 2011
The EUR/USD pair fell hard on Monday as German Finance Ministers stated that the “solution to the EU problems aren’t going to be announced in a few short days”, which seemed to be what the market was...
Forex-Metal Daily Analysis – 18/10/2011
Europe may need more time to solve the problem of sovereign debt.
18th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index ended its loosing streak after hitting major support zone of 76.00-76.50 resulting in correction in the benchmark equity index of DJIA. Though 76.00 ranges are expected to again act important support in medium term;...
Forex Metal Weekly Newsletter
Market review for 10 – 14. 10, 2011 Previous trading week demonstrated a considerable strengthening of the euro. One of the reasons for this rally on the first day of the week was based on the fact...
EUR/USD Technical Analysis October 17, 2011
The EUR/USD pair continues to run rampant and straight up during Friday’s session, proving that the market is certainly running on emotion at the moment. The hope that a solution will come out over the weekend G20...
EURUSD Analysis – October 15, 2011
EURUSD broke above the downtrend line on daily chart, and reached as high as 1.3894, suggesting that the fall from 1.4548 had completed at 1.3146 already. Further rise is still possible after consolidation, and next target would...
Forex-Metal Daily Analysis – 14/10/2011
The US Dollar and the Yen strengthened against major currencies amid growing demand for safe-haven assets. Asian and European trading sessions: Euro: After the yesterday’s rapid growth associated with the fact that Slovak political parties agreed to...