Forex-Metal Daily Analysis -07/03/2012
Possible problems regarding exchange of Greece bonds put pressure on the
Tag: GBPUSD
GBP/USD Forecast March 7, 2012, Technical Analysis
The GBP/USD pair fell hard on Tuesday as the “risk off” trade came back into play. There is serious concern about whether or not there will be enough participation in the “voluntary” debt write downs by bondholders...
GBP/USD Forecast March 6, 2012, Technical Analysis
GBP/USD rose after first falling on Monday. The 1.58 level acted yet again, this time as support. The pair does look fairly healthy, and the fact that the 1.58 is now acting as support instead of resistance...
6th March, 2012 – Daily Forex Report by GFM Research
With most of the asset classes, especially the benchmark equity index of the Dow Jones Industrials (DJIA) trading sideways, the Dollar Index has been trading tight since yesterday. The benchmark equity index of the Dow Jones Industrials...
Forex-Metal Weekly Analysis
Market review for 27.02 – 2.03, 2012
5th March, 2012 – Daily Forex Report by GFM Research
The Dollar Index is trading firm at 79.40 after finding support at 78.10 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading sideways...
GBP/USD Forecast March 5, 2012, Technical Analysis
GBP/USD fell hard during the session on Friday as the “risk off” trade came roaring back. The announcement that Spain was going to go well over the agreed upon deficits for the next fiscal year rocked the...
GBPUSD Analysis – March 3, 2012
After breaking above 1.5928 previous high, GBPUSD pulled back from 1.5991. Further fall to test 1.5645 key support is expected next week, a break below this level could trigger another fall towards 1.5000. On the other side,...
GBP/USD Forecast March 2, 2012, Technical Analysis
GBP/USD rose again on Thursday as the pair continues to try and break above the 1.60 resistance level. The pair is a risk-related pair, and tends to rise and fall with the stock markets around the world.
2nd March, 2012 – Daily Forex Report by GFM Research
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...