Forex-Metal Daily Analysis -01/03/2012
Technical analysis for 1/03
Tag: GBPUSD
GBP/USD Forecast March 1, 2012, Technical Analysis
GBP/USD rose during the session to the 1.60 level as an official from the Bank of England suggested that further quantitative easing may not be necessary. This of course was positive for the Pound, and this pair...
Forex-Metal Daily Analysis -29/02/2012
The European Central Bank allocated 500 billion euro for the European banks. Asian and European trading sessions:
GBP/USD Forecast February 29, 2012, Technical Analysis
GBP/USD rose during the session on Tuesday as traders decided to take on a bit more risk. However, the pair is at the top of the recent consolidation, and as a result caution should be taken.
28th February, 2012 – Daily Forex Report by GFM Research
With the Dollar Index consistently trading below 78.40 mark, further fall to 77.20 may be expected on daily close below 78.10 ranges.Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term. Dow consistently trading above...
Forex-Metal Weekly Analysis
Market review for 20 – 24.02, 2012
27th February, 2012 – Daily Forex Report by GFM Research
US Dollar depreciated against the common currency and the Cable while appreciating against the Japanese Yen and trading flat against the Swiss Franc; the Japanese Yen is exhibiting contrary trend to other FX majors wherein it has...
GBPUSD Analysis – February 25, 2012
GBPUSD failed to break below 1.5645 key support and stays in a trading range between 1.5645 and 1.5928. The price action in the trading range is likely consolidation of the uptrend from 1.5236. Further rise to test...
GBP/USD Forecast February 24, 2012, Technical Analysis
The GBP/USD pair rose on Thursday as the consolidation and general choppiness of the Forex markets continues. The back and forth action is solely based upon the next headline, and this pair is one of the biggest...
24th February, 2012 – Daily Forex Report by GFM Research
Dollar Index resumes bearish trend on the event of most of the asset classes especially the benchmark equity index of the Dow Jones Industrial Average (.DJIA) appreciating.Historic correlation between DX Vs DJIA is signifying USD bearishness in...