EUR/USD Analysis
Greetings. Let’s pull up the EUR/USD. It looks like we’re forming a potential Contracting Triangle (CT) so once it completes, look for a continuation of the upward movement to a potential price target area of 1.4500 and...
Tag: EURUSD
EUR/USD Technical Analysis August 25, 2011
The EUR/USD pair tried to break above the 1.45 level again on Wednesday, but failed yet again. The US Durable Goods numbers came in much higher than expected, and as a result – the Americans sold off...
Forex-Metal Daily Analysis – 24/08/2011
Willingness to take risks increased today.
24th August, 2011 – Daily Forex Report by GFM Research
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
EUR/USD Analysis (August 24)
Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a possible QE3 announcement from the Fed next friday.
Forex-Metal Daily Analysis – 23/08/2011
The yen and franc retreated on fears of intervention of Japan and Switzerland
23rd August, 2011 – Daily Forex Report by GFM Research
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
EUR/USD Analysis (August 23)
Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a major catalyst to make their decisions.
22nd August, 2011 – Daily Forex Report by GFM Research
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
EUR/USD Technical Analysis August 22, 2011
The EUR/USD rose on Friday, but managed to find the top of the recent downtrend channel resistive. The pair looks like it is stuck between two levels at the moment, the 1.4250 and 1.45 levels. The market...