USD/CHF Forecast March 27, 2012, Technical Analysis
The USD/CHF pair has been one that we have waiting for bullish signs on recently. The Monday action may be enough for us to abandon the idea of buying this pair, as the Dollar has been hit...
Month: March 2012
USD/JPY Forecast March 27, 2012, Technical Analysis
USD/JPY had a bullish session on Monday as the equity markets around the world continue to rally. The pair had recently bounced from the 50% Fibonacci retracement level of the rally from 80.
Forex-Metal Weekly Analysis
Market review for 19 – 23.03, 2012
Euro Rallies vs. USD to Finish Week
The euro hit a three-week high vs. the US dollar on Friday, following a disappointing US housing figure. The New Home Sales figure came in at 313K, well below the 326K analysts had been forecasting.
USD/CAD Forecast March 26, 2012, Technical Analysis
The USD/CAD pair originally rose during the Friday session as the market peeked over the parity level. However, the later hours of the day saw the pair fall back below the parity level, and as a result...
AUD/USD Forecast March 26, 2012, Technical Analysis
The AUD/USD pair rose from the 1.04 support level as the buyers stepped in just in time on Friday. The 1.04 level was the scene of a breakout from the large ascending triangle that gave us this...
USD/CHF Forecast March 26, 2012, Technical Analysis
The USD/CHF pair fell on Friday as the Dollar got hit in general. The 0.91 to 0.90 area continues to look as if it is supportive, so we aren’t willing to sell at this point. The Swiss...
GBP/USD Forecast March 26, 2012, Technical Analysis
The GBP/USD pair rose on Friday as the 1.58 level came back into play as support. The market continues to grind away at these levels, and it appears that there is a real attempt to push through...
USD/JPY Forecast March 26, 2012, Technical Analysis
The USD/JPY pair fell for much of the later hours in the Friday session, but managed to bounce from the 50% Fibonacci level. The bounce suggests that we have had enough of a pullback from this latest...
EUR/USD Forecast March 26, 2012, Technical Analysis
The EUR/USD rose on Friday to trigger the buy signal on top of the hammer from the Thursday session. However, the 1.3250 level above it is still resistive up until the market clears the 1.33 level. With...