Forex-Metal Daily Analysis – 24/08/2011
Willingness to take risks increased today.
Tag: EURUSD
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...
EUR/USD Analysis (August 20)
The pair continues to trade sideways and we still wait for a major validated breakout to get a better picture of the possible future developments.
EURUSD Analysis – August 20, 2011
EURUSD is facing the resistance of the upper border of the 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...