EUR/USD Analysis (August 18)
The pair remains well bid after a confirmed break above the long term descending trendline. The former resistance is now playing as a strong support.
Tag: EURUSD
EUR/USD Technical Analysis August 18, 2011
The EUR/USD had a bullish day to start with on Wednesday, but pulled back to form a bit of a shooting star at the top of the recent downtrend channel. It should also be noted that the...
18th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index lost about 0.25% to near important support of 73.40 ranges, most of the asset classes are trading stable after witnessing unprecedented volatility during past couple of weeks especially the equity bourses across the...
EUR/USD Analysis (August 17)
After a clear break above its long term descending trendline, the pair has been pulling back on this former resistance and is now trading near the 1,44 level.
17th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index traded flat after it nears important support of 73.40 ranges, most of the asset classes are trading stable after witnessing unprecedented volatility during past couple of weeks especially the equity bourses across the...
Forex-Metal Daily Analysis – 16/08/2011
Euro speculations amid upcoming meeting of Sarkozy and Merkel.
Forex Metal Weekly Newsletter
Market review for 8 – 12, 2011
16th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index depreciates on the event of most of the asset classes either stabilizing or posting gains, especially the equity bourses across the world; the Dow has gained for successive third session after major fall...
EUR/USD Analysis (August 16)
Monday’s price action was very interesting as we did see a break and close above the strong daily descending trendline. This breakout opens the door to next target at 1,47 (weekly bollinger band).
EUR/USD Analysis (August 15)
The pair continues to trade without clear directional bias. Market participants are now waiting for a catalyst to choose their side.