Forex-Metal Daily Analysis -01/03/2012
Technical analysis for 1/03
Tag: USDJPY
USD/JPY Forecast March 1, 2012, Technical Analysis
USD/JPY rose again on Wednesday as the Dollar gained against most currencies. The “risk off” trade came into play in full force after several central banks essentially said there may be less quantitative easing than expected.
Forex-Metal Daily Analysis -29/02/2012
The European Central Bank allocated 500 billion euro for the European banks. Asian and European trading sessions:
USD/JPY Forecast February 29, 2012, Technical Analysis
The USD/JPY essentially went nowhere during the session on Tuesday, but didn’t do so out of a lack of action. The pair had a reasonably decent range, but in the end finished pretty much unchanged.
28th February, 2012 – Daily Forex Report by GFM Research
With the Dollar Index consistently trading below 78.40 mark, further fall to 77.20 may be expected on daily close below 78.10 ranges.Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term. Dow consistently trading above...
Forex-Metal Weekly Analysis
Market review for 20 – 24.02, 2012
27th February, 2012 – Daily Forex Report by GFM Research
US Dollar depreciated against the common currency and the Cable while appreciating against the Japanese Yen and trading flat against the Swiss Franc; the Japanese Yen is exhibiting contrary trend to other FX majors wherein it has...
USDJPY Analysis – February 25, 2012
USDJPY’s upward movement extends to as high as 81.20. Further rise could be expected after a minor consolidation, and next target would be at 83.00 area. Initial support is at 80.00, as long as this level holds,...
USD/JPY Forecast February 24, 2012, Technical Analysis
USD/JPY fell for the session on Thursday as the Dollar lost against most major currencies. The pullback is long overdue, and the 80 level always looked as if it could give the bullish momentum issues.
24th February, 2012 – Daily Forex Report by GFM Research
Dollar Index resumes bearish trend on the event of most of the asset classes especially the benchmark equity index of the Dow Jones Industrial Average (.DJIA) appreciating.Historic correlation between DX Vs DJIA is signifying USD bearishness in...