GBPUSD Analysis – April 14, 2012
GBPUSD is forming a cycle top at 16062 on daily chart. Key support is at 1.5800, a breakdown below this level will confirm the cycle top, then deeper decline towards 1.5600 could be seen. Resistance is at...
Tag: GBPUSD
GBP/USD Forecast April 13, 2012, Technical Analysis
Cable rose for the Thursday session on the bullish pressure in this pair. The 1.58 level has been supportive, and the 200 day exponential moving average is just below, offer a greater reason to get long.
Forex-Metal Daily Analysis -12/04/2012
A decrease in the yield of Spanish and Italian government bonds provided support for the Euro currency.
GBP/USD Forecast April 12, 2012, Technical Analysis
The GBP/USD pair gained on Wednesday as the 200 day EMA continues to offer support for the pair. The 1.58 level is also supportive, so the combination always assured that the market was going to rise overall.
Forex-Metal Daily Analysis -11/04/2012
The Federal Reserve Chairman, Mr. Ben Bernanke said that the U.S. recovery was far from being complete. Asian and European trading sessions:
GBP/USD Forecast April 11, 2012, Technical Analysis
The GBP/USD pair fell for most of the session to find the 200 day EMA just above 1.58 on Tuesday, only to bounce again to form a hammer. The market has been grinding higher lately, although grind...
GBP/USD Forecast April 10, 2012, Technical Analysis
The GBP/USD pair fell at first on the Monday session, but only to bounce and form a hammer at the end of the day. The pair is sitting just above the 200 day EMA, and this will...
April 09, 2012 – Forex Daily Report by GFM Research
The Dollar Index is currently range bound between 81.00 and 78.70. Major constituent of the Dollar Index basket, the Euro is trading sideways with bearish undertone, resulting in correction in most of the asset classes, especially the...
GBP/USD Forecast April 9, 2012, Technical Analysis
The GBP/USD pair bounced on Friday as the Non-Farm Payroll numbers came out weak in America. The miss was by 80,000 jobs, and this sent people away from the Dollar in general.
GBPUSD Analysis – April 7, 2012
GBPUSD may be forming a cycle top at 1.6062 on daily chart. Further decline test test 1.5602 support would likely be seen next week, a breakdown below this level will confirm that the uptrend from 1.5236 has...