Forex-Metal Daily Analysis -20/06/2012
The Economic Sentiment in Europe showed a disappointed result.
Tag: GBPUSD
GBP/USD Forecast June 20, 2012, Technical Analysis
The GBP/USD pair fell for much of the Tuesday session, only to bounce again and form a hammer at the 1.57 level. The area has been support previously, and the market should be support now. The hammer...
GBP/USD Forecast June 19, 2012, Technical Analysis
The GBP/USD fell for most of the session on Monday, only to bounce again. The candle isn’t quite a hammer, but suggests the same thing – that there are people willing to step in and buy the...
Forex-Metal Weekly Analysis
Market review for 11-15.06.2012
GBPUSD Analysis – June 16, 2012
GBPUSD failed to break below 1.5236 support, and rebounded from 1.5268. Further rise is still possible next week, and next target would be at 1.6000 area. Support is at 1.5450, only break below this level could trigger...
GBP/USD Forecast June 15, 2012, Technical Analysis
The GBP/USD pair rose during the Thursday session as hopes crept back into the market of a central bank intervention to support the markets – especially the Euro. The Greek elections are Sunday, and they will be...
GBP/USD Forecast June 14, 2012, Technical Analysis
The GBP/USD pair fell at the end of the session on Wednesday as the GDP estimates for the US have been downgraded, sending the market into a “risk off” mode. This will always hinder the cable pair,...
Forex-Metal Daily Analysis -13/06/2012
The Spanish bonds yields’ grew to their maximum level of 6, 728 %.
GBP/USD Forecast June 13, 2012, Technical Analysis
The GBP/USD pair rose during the session on Tuesday as the risk appetite rose globally. The move higher coincided with a lot of stimulus talk, and the rising stock markets. The top of the recent gap has...
GBP/USD Forecast June 12, 2012, Technical Analysis
The GBP/USD pair initially rose during the session as the announcement of a Spanish bank bailout hit the wires this past weekend. However, as the session continued, the pop that the pair initially saw ended up fizzling...