GBP/USD Technical Analysis for May 12, 2011
The GBP/USD rose fast and hard, and then fell in the same manner on Wednesday, showing how confused the market really is at this moment. The 1.63-1.64 area is still holding up, but does need to be...
Tag: GBPUSD
Forex-Metal Daily Analysis -12/05/2011
Tension in Greece is escalating, which pressures the euro.
12th May, 2011 – Daily Forex Report by GFM Research
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
GBP/USD Analysis
Greetings. Let’s take a look at the GBP/USD hourly chart. It seems the general trend remains bullish, however, look for more potential retracement to the downside. Look for the pair to potentially test the 1.6250 target area...
11th May, 2011 – Daily Forex Report by GFM Research
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
Forex-Metal Daily Analysis -10/05/2011
S&P reduced credit rating of Greece.
GBP/USD Technical Analysis for May 10, 2011
The GBP/USD fell today, but only to form a nice bullish hammer at the all-important 1.64 level. This looks very bullish at these levels, and we should see a move up if we can break higher from...
10th May, 2011 – Daily Forex Report by GFM Research
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
Forex Metal Weekly Newsletter
The beginning of the previous trading week saw the strengthening of the US dollar after the official announcement of the liquidation of the terrorist #1 Osama Ben Laden. Market participants were optimistic during the Asian and European...
Daily Market Review for 09/05/2011 by SolidityBrokers.com
Wall Street is expected to be largely driven by economic data next week as initial jobless claims emerge as an important barometer of U.S. economic health while corporate results take a back seat. The U.S. Labour Department...