Forex-Metal Daily Analysis -12/04/2012
A decrease in the yield of Spanish and Italian government bonds provided support for the Euro currency.
Month: April 2012
EUR Stages Slight Recovery, US Data Set for Today
The euro saw mild upward movement during yesterday’s trading session, as gains in stocks drove investors toward riskier assets. That being said, analysts are warning that debt worries in Spain and Portugal still have the potential to...
USD/JPY Forecast April 12, 2012, Technical Analysis
The USD/JPY pair rose during the Wednesday session as the markets tried to bounce from the serious fall on Tuesday. The area that the pair is trading in at the moment is an area that has quite...
USD/CAD Forecast April 12, 2012, Technical Analysis
The USD/CAD pair fell for most of the session on Wednesday as the market tried to recover some of its “risk on” appetite in general. However, but the end of the session we saw a significant bounce,...
GBP/USD Forecast April 12, 2012, Technical Analysis
The GBP/USD pair gained on Wednesday as the 200 day EMA continues to offer support for the pair. The 1.58 level is also supportive, so the combination always assured that the market was going to rise overall.
EUR/USD Forecast April 12, 2012, Technical Analysis
The EUR/USD pair rose during the Wednesday session, only to fall later in the day. The resulting candle is another shooting star as the support level holds – but the bulls cannot gain any real traction.
AUD/USD Forecast April 12, 2012, Technical Analysis
The AUD/USD pair bounced from the lows on Wednesday in order to signify the support level at the 50% retracement level. The pair has been sold off significantly as of late, and the downward channel in this...
Trading Forex with Bollinger Bands
The Bollinger Bands are very popular trading indicator that give powerful volatility analysis for traders, and have been used for decades for Stocks, Commodities and Forex. In this article we will discuss the most accurate and predictive...
Forex-Metal Daily Analysis -11/04/2012
The Federal Reserve Chairman, Mr. Ben Bernanke said that the U.S. recovery was far from being complete. Asian and European trading sessions:
JPY Receives a Boost amid Increase in Risk Aversion
The Japanese yen saw gains virtually across the board during yesterday’s trading session, as risk aversion continued to dominate market sentiment. Investor fears regarding a euro-zone recession and poor US fundamentals drove the JPY to a one-month...