Forex-Metal Daily Analysis – 16/08/2011
Euro speculations amid upcoming meeting of Sarkozy and Merkel.
Tag: EURUSD
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.
EUR/USD Technical Analysis August 15, 2011
EUR/USD rose slightly during an uninspired session on Friday. The pair continues to drift within the downward channel, and traders are currently trading as if the market wants to figure out which currency is worse.
EURUSD Analysis – August 13, 2011
EURUSD stays in a price channel on daily chart. As long as the channel resistance holds, we’d expect downtrend to resume, and one more fall towards the lower border of the channel is possible. Key resistance is...
EUR/USD Technical Analysis for August 12, 2011
The EUR/USD rose for a while on Thursday, but started to pull back in the later hours as the markets continue to go back and forth around the world. The pair is still grinding lower overall, and...
EUR/USD Analysis (August 12)
The pair continues to trade back and forth as there is no clear directional bias.
12th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index flat due to stabile trading witnessed in most of the equity bourses across the world. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index (DX) and the...