GBP/USD Forecast December 17, 2012, Technical Analysis
The GBP/USD pair had a strong showing on Friday as we raced towards the 1.6175 area. This area has been resistance before, but it appears that we are now ready to start breaking out of it.
Tag: GBPUSD
GBP/USD Forecast December 14, 2012, Technical Analysis
The GBP/USD pair fell during the session on Thursday after forming a shooting star on Wednesday, which of course is a classic sell signal. However, the pair pulled back slightly only to bounce and formed a hammer...
Daily FX Perspective December 14, 2012 – GFM Research
Market Commentary The US Dollar trade mixed wherein it traded flat against the Common currency and the Aussie whereas it has appreciated against the Cable and the Japanese Yen and continued to appreciate against the Swiss Franc....
GBP/USD Forecast December 13, 2012, Technical Analysis
The GBP/USD pair had a bullish session on Wednesday as we attempted to break out above the 1.62 level. However, we did not manage to do so, and it looks like this market could face a little...
Daily FX Perspective December 13, 2012 – GFM Research
Market Commentary The US Dollar continued to depreciate to hit critical support of 79.45 ranges on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (.DJIA) trading strong, DJIA....
GBP/USD Forecast December 12, 2012, Technical Analysis
The GBP/USD pair had a strong showing on Tuesday as we crashed into the 1.61 handle. The market looks ready to take on the 1.61 region of resistance that extends all the way to the 1.62 level...
GBP/USD Forecast December 11, 2012, Technical Analysis
The GBP/USD pair had a strong session on Monday as the 1.60 handle offered support in order to push the pair back towards the 1.61 level. This pair is a bullish market as far as we’re concerned,...
Daily FX Perspective December 11, 2012 – GFM Research
Market Commentary The US Dollar depreciated across the board on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (.DJIA) trading strong. The Dollar Index is currently trading weak...
GBP/USD Forecast December 10, 2012, Technical Analysis
GBP/USD fell during the Friday session, but found plenty of support at the 1.60 level in order to form a hammer. This hammer suggests to us that the 1.60 level will firm up this pair, and as...
Daily FX Perspective December 10, 2012 – GFM Research
Market Commentary The Dollar is trading flat at 80.50 after appreciating for continuous three sessions. Historic inverse correlation between our benchmark equity index of the Dow Industrials (.DJIA) and DX was not observed on Friday wherein DJIA...