GBP/USD Forecast Nov. 7th, 2011, Technical Analysis
GBP/USD fell on Friday, but managed to pop back above the 1.60 support level again. The later ours saw the surge, and this appears as a sign that the pair wants to jump above. The area of...
Tag: GBPUSD
GBPUSD Analysis – November 5, 2011
GBPUSD remains in uptrend from 1.5272, the fall from 1.6164 could be treated as consolidation of uptrend. Support is at 1.5800, as long as this level holds, uptrend could be expected to resume, and another rise towards...
GBP/USD Forecast, Nov. 4th, 2011, Technical Analysis
GBP/USD moved higher and above the 1.60 level during the Thursday session as the risk trade came back on. The Greeks have dropped their referendum ideas, and this was accepted as a good sign.
Forex-Metal Daily Analysis – 03/11/2011
Unfavorable market conditions may delay the bond issue. Asian and European trading sessions: Euro: During the Asian and European trading sessions, the euro showed correction after yesterday’s decline against the US dollar, setting his daily high at...
GBP/USD Forecast Nov. 3rd, 2011, Technical Analysis
The GBP/USD pair rose above the 1.60 level during the Wednesday session, only to be repelled by it over the course of the trading day. The failing at 1.60 does cause a case for bearishness, but there...
3rd November, 2011 – Daily Forex Report by GFM Research
Correction in the benchmark equity index of the Dow Jones Industrials propels the Greenback. Immediate resistance in the Dollar Index is seen at 78.00 ranges. Historic congestion is seen at 79.80-80.40-81.20 rangesThe benchmark equity index of the...
Forex-Metal Daily Analysis – 02/11/2011
Concerns over the interest rate reduction pressures the euro. Asian and European trading sessions: Euro: Speculations regarding the slow-down of the European growth and concerns that the ECB would reduce the interest rate during the next meeting...
GBP/USD Forecast Nov. 2nd, 2011, Technical Analysis
GBP/USD fell hard on Tuesday as traders sold off risk in general and even broke through the bottom of the hammer from Monday. The 1.60 level gave way, and this is a bearish move in our opinion.
2nd November, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued to appreciate on the event of profit taking in most of the asset classes. DXZ11 has appreciated to hit day’s high of 77.67 ranges during yesterday’s New York trading session to currently trade...
Forex-Metal Daily Analysis – 01/11/2011
European unemployment reduces the euro rate. Asian and European trading sessions: Euro: Euro dropped against the main currencies after the release of the unemployment in Italy and in the EC in a whole. Employment volume turned out...