USD/JPY Forecast March 6, 2012, Technical Analysis
The USD/JPY pair fell for most of the session on Monday, but bounced later in the trading day to form a nice hammer. The pair looks like it is still willing to go higher, and this latest...
Month: March 2012
6th March, 2012 – Daily Forex Report by GFM Research
With most of the asset classes, especially the benchmark equity index of the Dow Jones Industrials (DJIA) trading sideways, the Dollar Index has been trading tight since yesterday. The benchmark equity index of the Dow Jones Industrials...
Forex-Metal Weekly Analysis
Market review for 27.02 – 2.03, 2012
5th March, 2012 – Daily Forex Report by GFM Research
The Dollar Index is trading firm at 79.40 after finding support at 78.10 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading sideways...
EUR Likely to See Additional Volatility This Week
Following significant euro movements throughout last week’s trading session, analysts are once again forecasting volatility for the common-currency in the coming days.
USD/CAD Forecast March 5, 2012, Technical Analysis
The USD/CAD pair rose during the session as oil fell. The pair reacted in a Dollar positive manner as many of the other currencies pair did the same. The parity level continues to offer resistance, and the...
AUD/USD Forecast March 5, 2012, Technical Analysis
The AUD/USD pair fell during the Friday session as the risk assets around the world fell. The commodities markets fell, and this always tends to pull the Aussie down. The 1.08 level held true again, and it...
USD/CHF Forecast March 5, 2012, Technical Analysis
The USD/CHF pair shot straight up during the Friday session as the Dollar climbed against almost all currencies globally. The Spanish announced that they are going to miss expected debt levels, and this sent the Euro and...
GBP/USD Forecast March 5, 2012, Technical Analysis
GBP/USD fell hard during the session on Friday as the “risk off” trade came roaring back. The announcement that Spain was going to go well over the agreed upon deficits for the next fiscal year rocked the...
USD/JPY Forecast March 5, 2012, Technical Analysis
The USD/JPY pair rose yet again on Friday. The USD/JPY pair is a rapidly evolving one. The pair was being pressured to the downside for the longest time, but it looks as if the Bank of Japan...