GBP/USD Technical Analysis October 18, 2011
The GBP/USD pair has a bearish day on Monday, as traders reacted to statements about the lack of speed of an upcoming EU solution. This put the “risk on” trade on the back foot for the session,...
Tag: GBPUSD
Forex-Metal Daily Analysis – 18/10/2011
Europe may need more time to solve the problem of sovereign debt.
18th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index ended its loosing streak after hitting major support zone of 76.00-76.50 resulting in correction in the benchmark equity index of DJIA. Though 76.00 ranges are expected to again act important support in medium term;...
Forex Metal Weekly Newsletter
Market review for 10 – 14. 10, 2011 Previous trading week demonstrated a considerable strengthening of the euro. One of the reasons for this rally on the first day of the week was based on the fact...
GBP/USD Technical Analysis October 17, 2011
The GBP/USD pair rose rapidly during the Friday session as traders took on more risk around the world. The 1.58 level was broken, but the later hours of the session saw this pair pullback.
GBPUSD Analysis – October 15, 2011
GBPUSD broke above 1.5715 resistance, suggesting that a cycle bottom has been formed on daily chart, and the fall from 1.6617 has completed. Further rise is expected after consolidation and next target would be at 1.6100 zone....
Forex-Metal Daily Analysis – 14/10/2011
The US Dollar and the Yen strengthened against major currencies amid growing demand for safe-haven assets. Asian and European trading sessions: Euro: After the yesterday’s rapid growth associated with the fact that Slovak political parties agreed to...
14th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index flat amidst flat trading session witnessed in most of the asset classes especially the benchmark equity index of DJIA; the short-term trend is still weak till the Dollar Index does not close above 78.50...
GBP/USD Technical Analysis October 13, 2011
The GBP/USD rose rapidly during the Wednesday session, as the global risk attitude of traders increased. Also, there certainly would have been some short-covering by traders as the pair bounced.
13th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued loosing streak on the event of stronger asset classes especially the equity bourses; the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00...