29th December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 29, 2011 7:31 am
Correction in benchmark equity index of the Dow Jones Industrials from historic resistance zone of 12300-12380 ranges  and Consumer Confidence numbers beating the street led to the Dollar Index appreciating by 1 point to close firm at...

USD/JPY Forecast December 29, 2011, Technical Analysis

by FX Empire | December 29, 2011 6:56 am
USD/JPY fell originally during the Wednesday session, only to pop back up and form a hammer for the day. The pair is being supported by the Bank of Japan, and the trend is currently down from the...

USD/JPY Forecast December 28, 2011, Technical Analysis

by FX Empire | December 28, 2011 7:48 am
USD/JPY fell again on Tuesday as the market sold off the Dollar in an otherwise quiet session. The volumes are still light during this time of year as many traders will not be at their desks until...

28th December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 28, 2011 6:12 am
Flat trading day was witnessed in most of the FX majors but for the Cable which was volatile on the event of low volumes. Major trend is range bound between 73.40 and 81.40; the medium trend is...

27th December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 27, 2011 6:19 am
The Dollar Index is trading flat as is case with most of the asset classes. Major trend is range bound between 73.40 and 81.40 ; the medium trend is bullish till 77.50 ranges is holding on weekly...

USD/JPY Forecast December 26, 2011, Technical Analysis

by FX Empire | December 25, 2011 11:57 am
USD/JPY fell on Friday as the markets cooled for the holidays. The 78.50 level continues to keep the pressure on the pair as it simply cannot rise above that mark. The pair is being supported by the...

USDJPY Analysis – December 24, 2011

by ForexCycle.com | December 24, 2011 2:28 pm
USDJPY formed a sideways consolidation in a range between 75.57 and 79.52. Lengthier consolidation in the range could be expected to continue over the next several days.

USD/JPY Forecast December 23, 2011, Technical Analysis

by FX Empire | December 23, 2011 7:29 am
USD/JPY rose on Thursday in the illiquid volume. The pair is struggling to clear the 78 handle completely, something that has been the case for quite some time. If we can get a close above the 78.50...

23rd December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 23, 2011 5:51 am
Amidst holiday season the Dollar index is trading flat. Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges is holding on weekly closing basis, though 81.40 ranges...

22nd December, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | December 22, 2011 5:43 am
The US Dollar continued trading strong against the Euro and Swiss Franc whereas traded flat against the Cable and the Aussie Dollar. Major trend is range bound between 73.40 and 81.40 where as the medium trend is...