GBPUSD Analysis – February 11, 2012
GBPUSD may be forming a cycle top at 1.5928 on daily chart. Key support is at 1.5640, a breakdown below this level will confirm the cycle top. However, as long as 1.5640 level holds, the fall from...
Tag: GBPUSD
GBP/USD Forecast February 10, 2012, Technical Analysis
GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this...
Forex-Metal Daily Analysis -09/02/2012
The market participants were expected the resolution of Greece problem.
GBP/USD Forecast February 9, 2012, Technical Analysis
GBP/USD fell during the Wednesday session as the Dollar got a bit of relief from the massive selling it has seen over the last several days. The Europeans still haven’t come together with some kind of agreement...
9th February, 2012 – Daily Forex Report by GFM Research
The US Dollar Index is approaching critical support of 78.20 and the key equity index of the Dow Jones Industrials is trading at the last year highs of 12900 ranges; DJIA Vs DX correlation suggests a word...
Forex-Metal Daily Analysis -08/02/2012
The Euro boosted on rumors of early agreement between Greece authorities and
GBP/USD Forecast February 8, 2012, Technical Analysis
The GBP/USD pair shot straight up for the session on Tuesday as we suggested that it could, but the pair also stopped at the 1.59 level that we also suggested in yesterday’s video as well. The pair...
8th February, 2012 – Daily Forex Report by GFM Research
The US Dollar continues down trend after trading sideways for couple of trading sessions on the event of stronger asset classes especially the benchmark equity index of the Dow Industrials. Though DJIA is entering supply zone of...
Forex-Metal Daily Analysis -07/02/2012
The expectations of possible default in Greece are growing.
GBP/USD Forecast February 7, 2012, Technical Analysis
The GBP/USD pair fell for much of the session on Monday as traders initially sold off anything to do with risk, therefore pushing the value of the Dollar up in general. The cable pair has been remarkably...