19th July, 2011 – Daily Forex Report by GFM Research
Quite trading session was witnessed in the FX market where in the USD remained flat by the end of New York close. It seems that the all the eyes are Euro Zone debt crisis and the US...
Tag: EURUSD
EUR/USD Technical Analysis for July 19, 2011
EUR/USD had another bearish day on Monday, as the world sold off the Euro. However, as the Americans do on almost every day, they bought up the Euro, and seem to be the only ones supporting it...
EUR/USD analysis (July 19)
The market continues to consolidate above its critical level at 1,40. A break below this support will accelerate towards 1,39 and confirm a bearish bias.
Forex Metal Weekly Newsletter
New wave of concerns over the possible debt crises of Italy and Ireland overwhelmed the market
18th July, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed against most of the majors, wherein it continued appreciating against the Aussie Dollar and traded flat against other majors of the Euro, the Cable and the Japanese YenKey equity index, Dow Jones...
EUR/USD analysis (July 17)
After a significant breakout of a daily triangle, the pair has found some great support on top of the 1,39 level coinciding with the 200 moving average. We have then seen a pullback towards the former triangle...
EURUSD Analysis – July 17, 2011
EURUSD is forming a cycle bottom at 1.3837 on daily chart. Further rise would likely be seen in a couple of weeks, and the target would be at 1.4700-1.4750 area. Key support is now at 1.3837, only...
EUR/USD Technical Analysis for July 15, 2011
EUR/USD fell on Thursday, retesting the 1.4250 minor support area. With the European bank stress tests coming out today, this pair will certainly be very volatile. The fact that the results come out in the middle of...
EUR/USD analysis (July 15, 2011)
The pair did stall out yesterday ahead of 1,43 which offers a great resistance. This level is at a confluence of several moving averages (20, 50 and 100). Besides, the pair has also validated a pullback towards...
15th July, 2011 – Daily Forex Report by GFM Research
The Greenback traded flat after it has depreciated heavily on Wednesday, the 13th on the back of widened trade deficit. Key equity index, Dow Jones Industrials (DJIA) is expected to find resistance in the zone of 12700-12800...