Forex-Metal Daily Analysis – 11/10/2011
Euro showed its considerable growth against the greenback.
Tag: GBPUSD
GBP/USD Technical Analysis October 11, 2011
The GBP/USD pair rose on Monday as traders piled into the “risk on” trade. The market finished the New York session at the top of its recent trading range, and is now at a crossroads of sorts.
11th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued to correct on the event of stronger asset classes across the globe especially the equities. Though 76.00 ranges are expected to again act important support, 79.80 ranges are expected to act as formidable...
10th October 2011 – Daily Forex Report by GFM Research
Stronger equity bourses led to profit taking in the Greenback. After the Dollar Index hit resistance zone of 79.80, long liquidation was observed; 76.00 ranges is expected to again act important support. Historic resistance is seen in...
GBP/USD Analysis (October 09)
The pair has bounced on top of the 1,53 level tested for the second time in 3 weeks.
GBPUSD Analysis – October 8, 2011
GBPUSD is in downtrend from 1.6617, the price action started from 1.5327 is treated as consolidation of downtrend. Initial resistance is at 1.5715, as long as this level hoods, we’d expect downtrend to resume in early part...
7th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued correction after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges. On the lower side 76.00 ranges would act as formidable support...
GBP/USD Technical Analysis October 7, 2011
GBP/USD fell on Thursday as the Bank of England announced it was expanding its bond buying program, which of course is a form of quantitative easing. However, the pair found its footing late in the session and...
Forex-Metal Daily Analysis – 06/10/2011
The speech of Bernanke inspired the markets. The Euro showed moderate growth.
GBP/USD Technical Analysis October 6, 2011
GBP/USD had a fairly quiet day on Wednesday as traders continue to bounce around the current level, just under the 1.55 mark. The pair is most certainly bearish at this point, and it is probably oversold as...