Forex-Metal Daily Analysis -15/03/2012
The U.S. dollar strengthened after the FOMC’s decision on interest rate.
Tag: GBPUSD
GBP/USD Forecast March 15, 2012, Technical Analysis
The GBP/USD pair fell during the Wednesday session, but failed to break below the 1.56 level. The pair continues to look weak as the market presses against the supportive area.
GBP/USD Forecast March 14, 2012, Technical Analysis
The GBP/USD pair rose during the session on Tuesday as the Federal Reserve suggested that the economy is getting slightly better in the United States. However, there was no mention of quantitative easing, and because of this,...
GBP/USD Forecast March 13, 2012, Technical Analysis
The GBP/USD pair fell during the Monday session as the “risk off” trade came into play. It should be noted that the attitude wasn’t of panic or any such thing – it was simply calm before the...
13th March, 2012 – Daily Forex Report by GFM Research
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...
Forex-Metal Weekly Analysis
Market review for 5 – 9.03, 2012
GBP/USD Forecast March 12, 2012, Technical Analysis
The GBP/USD pair fell hard during the session on Friday in order to test the support at the 1.5650 level. This area held again, but it must be stated that the session closed at the absolute lows,...
GBPUSD Analysis – March 10, 2012
GBPUSD is facing 1.5645 key support, a breakdown below this level will confirm that the upward movement from 1.5236 has completed at 1.5991 already, then the following downward movement could bring price to 1.5000 area. On the...
GBP/USD Forecast March 9, 2012, Technical Analysis
The GBP/USD pair took off during the session on Thursday as the “risk on” trade came back into vogue. The 1.58 level has been violated, but quite frankly it is just an “average price” for the pair.
GBP/USD Forecast March 8, 2012, Technical Analysis
The GBP/USD pair has a reasonably quiet day on Wednesday as the markets await the result of the decision by private bondholders of Greek debt. While this is mainly a European problem, the British are heavily exposed...