GBPUSD Analysis – April 9, 2011
GBPUSD broke above 1.6400 previous high and reached as high as 1.6427, suggesting that the uptrend from 1.5344 has resumed. Further rise is still possible in a couple of weeks, and next target would be at 1.6600...
Tag: GBPUSD
8th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated traded flat against the Common Currency and the Cable; continued depreciation against the Aussie Dollar and the Swiss France.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
Forex-Metal Daily Analysis -06/04/2011
US dollar continues to loose its positions Asian and European trading sessions:
7th April, 2011 – Daily Forex report by GFM Research
The Greenback depreciated more than 100 pips against the Euro, but EURUSD is approaching historical resistance zone of 1.4300 ranges. The U.S Dollar depreciated against the Aussie Dollar but remained range bound against the Cable for most...
6th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated mare than 200 pips from the lows against the Cable; while the Greenback traded flat against the Euro, Swiss Franc and the Aussie Dollar; the U.S Dollar continued appreciating against the Japanese Yen...
Forex-Metal Daily Analysis -05/04/2011
Uncertainty in the FRS interest rate decision expectations. Asian and European trading session:
5th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar strengthened against the Euro and the Aussie Dollar but traded flat against the Cable, Japanese Yen and the Swiss Franc. Fed’s policies due for release late night would provide key direction for the FX...
Forex Metal Weekly Newsletter
Market review for 28.03 – 1.04.2011
4th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar weakens against the major FX pairs especially against the Euro and the Cable. But for the weakening of the Japanese Yen vis-à-vis the Greenback and the Common Currency, the Dollar Index (DX) would have...
GBPUSD Analysis – April 3, 2011
GBPUSD may be forming a cycle bottom at 1.5936 level on daily chart. Further rise towards 1.6400 previous high would likely be seen in next several days. Support is at 1.5936, only break below this level could...