AUD/USD Forecast March 22, 2012, Technical Analysis
The AUD/USD pair fell most of the session on Wednesday to test the area of the 1.04 handle. This area is considered to be very supportive, and as such we fell that a buying opportunity may be...
Month: March 2012
EUR/USD Forecast March 22, 2012, Technical Analysis
The EUR/USD pair fell after bouncing around during the Wednesday session. The pair is currently trading just under the 1.3250 resistance area, and it makes sense that it would struggle as a result.
GBP/USD Forecast March 22, 2012, Technical Analysis
The GBP/USD pair had a fairly volatile day as the Wednesday session produced a long-legged doji candle. The pair is currently trading in a massive resistance area above the 1.58 mark, and because of this we expect...
USD/CAD Forecast March 22, 2012, Technical Analysis
The USD/CAD pair has been a mess lately, and the action from the Wednesday session did very little to clear things up. The hammer shaped candle shows that perhaps the support is coming back into the fold,...
USD/CHF Forecast March 22, 2012, Technical Analysis
The USD/CHF pair rose slightly during the Wednesday session as the Dollar got a bit of a boost against many currencies for the session. The 0.91 support level has been shown to be strong again, and as...
USD/JPY Forecast March 22, 2012, Technical Analysis
The USD/JPY initially rose during the Wednesday session, but by the end of the session the pair had fallen back down to form a shooting star. The bearish candle could signal a retrace coming, but the fact...
Forex-Metal Daily Analysis -21/03/2012
Technical analysis for 21/03 EURUSD The pair is aiming to 1.33143. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630
21st March, 2012 – Daily Forex Report by GFM Research
The Dollar Index fall for second consecutive day after entering historic congestion zone of 80.50-81.20. Unusual correlation is observed between the benchmark equity index of the Dow Jones Industrials and the Dollar Index during the past couple...
US Housing Data Set to Impact Markets Today
While the US dollar was able to move up against many of its main rivals during morning trading yesterday, the currency was not able to maintain its bullish trend during the evening session.
EUR/USD Forecast March 21, 2012, Technical Analysis
The EUR/USD pair fell for most of the session on Tuesday as the 1.3250 level held as resistance. However, by the end of the day we saw a bounce in this pair, and the resulting candle was...