Forex-Metal Daily Analysis -07/07/2011
Moody’s downgraded the Portugal credit rating.
Tag: USDJPY
7th July, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed wherein mild correction was seen in the Euro and the Cable; where as the Aussie Dollar posted mild gains and the Swiss Franc traded flatKey equity index, Dow Jones Industrials (DJIA) finds...
USD/JPY analysis (July 07, 2011)
The pair continues to consolidate on top of its key support at 80,00. There is still a lack of momentum and we have to be extra carefull while trading a Yen related pair.
Forex-Metal Daily Analysis -06/07/2011
BoE is expected to leave the principal rate at the record-breaking minimum level.
6th July, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed wherein mild correction was seen in the Euro and the Aussie Dollar; though it has traded strong against the Cable, the gains faded by the end of New York close; where as...
USD/JPY Technical Analysis for July 6, 2011
The USD/JPY rose on Tuesday, but still seems stagnant as the trading range is getting quite tight. The market looks quite content here, and as such, we are not trading this pair at the moment. We don’t...
USD/JPY analysis (July 06, 2011)
Not much of a change on this pair which continues to consolidate on top of its key support at 80,00. The setup is constructive with a momentum building nicely.
Forex-Metal Daily Analysis -05/07/2011
Comments of the S&P agency regarding the Greek default pressured the euro.
5th July, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) traded flat also trading was sluggish yesterday evening on the event of U.S Independence Day.
USD/JPY Technical Analysis for July 5, 2011
The USD/JPY fell on light volume during the Monday session, but managed to bounce back up. Because of the conflicting bearish and bullish candlesticks we are getting recently, we advise to stay out of this pair at...