Forex-Metal Daily Analysis -08/02/2012
The Euro boosted on rumors of early agreement between Greece authorities and
Month: February 2012
EU Debt Crisis Continues to Fuel Risk Aversion
The euro-zone debt crisis continued to fuel risk aversion in the market place yesterday, as poor news briefly brought the EUR/USD pair below the 1.3100 level. The pair staged a recovery later in the European session, after...
USD/CAD Forecast February 8, 2012, Technical Analysis
The USD/CAD pair tried to rally during the Tuesday session, but failed at the parity level for the second day in a row. The oil markets rallied during the session, and this certainly had some kind of...
AUD/USD Forecast February 8, 2012, Technical Analysis
AUD/USD rose again for the Tuesday session, and even managed to crack the 1.08 handle in turn. The pair has been very bullish lately, and the RBA holding on rates on Tuesday gave the Aussie a boost....
USD/CHF Forecast February 8, 2012, Technical Analysis
USD/CHF continued to fall during the Tuesday session as the Dollar got sold off. The Swiss National Bank is currently working against the value of the Franc, but the trigger for intervention will be in the EUR/CHF...
GBP/USD Forecast February 8, 2012, Technical Analysis
The GBP/USD pair shot straight up for the session on Tuesday as we suggested that it could, but the pair also stopped at the 1.59 level that we also suggested in yesterday’s video as well. The pair...
USD/JPY Forecast February 8, 2012, Technical Analysis
The Tuesday session saw strength in the USD/JPY pair as the Monday shooting star was overtaken by the bulls. However, the 77 handle is an area that saw significant support previously, and resistance would be somewhat expected.
EUR/USD Forecast February 8, 2012, Technical Analysis
The market saw the EUR/USD pair shoot straight up during the Tuesday session as the rumors of a Greek bailout agreement hit the markets (again) during the session. The agreement wasn’t done before the end of the...
8th February, 2012 – Daily Forex Report by GFM Research
The US Dollar continues down trend after trading sideways for couple of trading sessions on the event of stronger asset classes especially the benchmark equity index of the Dow Industrials. Though DJIA is entering supply zone of...
Forex-Metal Daily Analysis -07/02/2012
The expectations of possible default in Greece are growing.