Forex-Metal Daily Analysis – 29/09/2011
Concerns over the situation in Europe are growing.
Tag: GBPUSD
29th September, 2011 – Daily Forex Report by GFM Research
The Dollar Index is finding stiff resistance in the ranges of 78.85-79.00 ranges due to bargain buying in most of the asset classes especially the equities though the major trend is still bearish. As long as 79.50...
GBP/USD Anlaysis
Greetings. Let’s take a look at the GBP/USD chart. We’ve been in a sideways channel and it looks like we may be setting up for a break to the downside. Look for the pair to potentially hit...
Forex-Metal Daily Analysis – 28/09/2011
Willingness to take risks is back.
GBP/USD Technical Analysis September 28, 2011
GBP/USD spiked on Tuesday, continuing the three day rally in this pair. However, there was a bit of a selloff late in the session and this created a long wick at the top of the candle. The...
28th September, 2011 – Daily Forex Report by GFM Research
Bargain buying was witnessed in most of the asset classes especially the equities though the major trend is still bearish, as a result of which, the Dollar Index is finding stiff resistance in the ranges of 78.85-79.00...
GBP/USD Technical Analysis September 27, 2011
GBP/USD had a strong day on Monday as traders bought risk around the globe. The cable popped back over the all-important 1.55 handle, and it looks like the area is going to be massively supportive at this...
27th September, 2011 – Daily Forex Report by GFM Research
Dollar Index after hitting major resistance zone of 78.75-79.30 ranges sold off to currently trade at 78.00 ranges. Dollar Index may correct to 77.00 ranges and later towards 76.20. Only weekly close below 76.20 results in reinitiating...
Forex Metal Weekly Newsletter
Market review for 19 – 23. 09, 2011
26th September, 2011 – Daily Forex Report by GFM Research
Dollar Index is nearing resistance zone of 78.75-79.30 ranges; most of the asset classes especially the precious metals after the parabolic bull run sold off during whole week ; though double dip depression in the is still...