Forex-Metal Daily Analysis – 31/08/2011
The US dollar is gaining strength again.
Tag: GBPUSD
GBP/USD Analysis (August 31)
Considering the last day closing, we expect a test of the ascending trendline at 1,6250. A break below the daily channel would negate the bullish outlook.
Forex-Metal Daily Analysis – 30/08/2011
An increase in the risk appetites supported high-yielding currencies.
GBP/USD Analysis (August 30)
The pressure remains on the upside since the pair bounced on an ascending channel near the 1,62 level.
GBP/USD Technical Analysis August 29, 2011
The GBP/USD pair fell again on Friday, but managed a reversal in the middle of the session after the Federal Reserve Chairman said in his speech that the US didn’t need more QE, and this started a...
GBPUSD Analysis – August 27, 2011
GBPUSD has formed a cycle top at 1.6617 on daily chart. Now the fall from 1.6617 would possibly be resumption of downtrend, deeper decline could be expected in a couple of weeks, and target would be at...
26th August, 2011 – Daily Forex Report by GFM Research
The Dollar Index is trading flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-74.50 ranges in the short-term and...
GBP/USD Technical Analysis August 26, 2011
The GBP/USD pair fell on Thursday, continuing a move that started on Wednesday. The pair looks extraordinarily weak, as it keeps falling. The 1.6250 area should serve as some kind of minor support, but this latest move...
GBP/USD Analysis (August 26)
The pair has been under intense pressure over the last couple of days with a break below its daily 20 moving average.
GBP/USD Technical Analysis August 25, 2011
The GBP/USD pair fell on Wednesday as traders sold off the Pound against the Greenback. The dollar had been believed for some time to be about to be weakened by the Fed on Friday as it introduced...