GBP/USD Forecast Nov. 11th, 2011, Technical Analysis
GBP/USD rose during the session on Thursday as traders had a bit of a relief rally after a particularly bearish session on Wednesday. However, the gains were minimal compared to the losses,
Month: November 2011
USD/CAD Forecast Nov. 11th, 2011, Technical Analysis
USD/CAD fell on Thursday as the oil markets continue to rise in value. The CAD always gets a boosts in this types of situations, as the world continues to buy the biggest Canadian export.
USD/CHF Forecast Nov. 11th, 2011, Technical Analysis
The USD/CHF pair fell on the Thursday session, but found support at the 0.9000 level. The pair continues to look healthy, and the 0.9000 level holding as support is a good sign for bulls in this marketplace.
USD/JPY Forecast Nov. 11th, 2011, Technical Analysis
USD/JPY had a slightly down session on Thursday as traders continue to grind this pair lower. The post-intervention reaction is the standard one, as the market will try the patience of the Bank of Japan as they...
Forex-Metal Daily Analysis – 10/11/2011
Against the background of the worsening situation in Italy, the euro lost about 310
USD/CAD Forecast Nov. 10th, 2011, Technical Analysis
The USD/CAD pair rose during the Wednesday session as the safe haven trade was back on. The oil markets fell, and this also pushed the price of the CAD down across the board. The pair went straight...
AUD/USD Forecast Nov. 10th, 2011, Technical Analysis
AUD/USD fell hard on the session for Wednesday as traders have sold off all things related to taking risk. The Aussie is very susceptible to headline risks, and as a result this pair didn’t act well to...
USD/CHF Forecast Nov. 10th, 2011, Technical Analysis
USD/CHF rose during the Wednesday session as the issues in Europe seem to keep compounding. The Italians now have to pay more than 7% for their 10 year bonds, and this is seen as a possible “point...
GBP/USD Forecast Nov. 10th, 2011, Technical Analysis
GBP/USD fell hard on the Wednesday session, and even reached to the bottom of the recent support area in the form of 1.59. The top of this recent area of consolidation is to be found at 1.62,...
USD/JPY Forecast Nov. 10th, 2011, Technical Analysis
USD/JPY rose during the session on Wednesday as the flight to safety actually pushed this pair in the opposite direction that we are used to seeing. It appears that traders are quite happy to sit on Dollars...