Forex-Metal Daily Analysis – 27/10/2011
The yen renewed its historical maximum against the US dollar.
Tag: GBPUSD
GBP/USD Technical Analysis October 27, 2011
The GBP/USD pair has fallen during the Wednesday session, but had a bounce in the later hours of the US session. The pair looks set to retest the 1.60 level again, and the hammer formed on the...
27th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index is trading in very important support zone of 75.30-76.00; weekly close below 75.00 would reinitiate long-term dollar bearishness. Though 76.00 ranges are expected to again act important support in short term; historic resistance in...
GBP/USD Technical Analysis October 26, 2011
GBP/USD had a wide range during the Tuesday session, and ended up printing a doji for the day. The candle is right at the 1.60 level, and the 61.8% Fibonacci retrace as well.
Forex-Metal Daily Analysis – 26/10/2011
The upcoming EU summit is in focus.
Forex-Metal Daily Analysis – 25/10/2011
The EC Summit is in the focus of the market. Asian and European trading sessions: Euro: During the Asian trading session the euro continued rising against the US dollar against the background of European leaders’ promises that...
GBP/USD Technical Analysis October 25, 2011
The GBP/USD pair rose on Monday, and even retested the 1.60 level. The area held as resistance during the late hours of the session, and the recent consolidation in August at this level shows that we may...
25th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index is approaching important support zone of 75.40-76.00, consistent close below 75.00 would resume long-term bearishness in the USD. Though 76.00 ranges are expected to again act important support in short term; historic resistance in...
Forex Metal Weekly Newsletter
Weekly review for 17 – 21. 10, 2011
GBP/USD Analysis (October 24)
The break back above 1,5850 from friday has confirmed a bullish bounce with the market currently testing the key 1,60 resistance.