USD/JPY Hits Fresh 7-Month High
The USD/JPY shot up to a fresh seven-month high during afternoon trading yesterday, as speculations regarding the outcome of upcoming Japanese elections caused investors to shift their funds away from the yen.
Month: November 2012
Daily FX perspective November 21, 2012 – GFM Research
The Dollar Index is trading at 81.25 ranges still hovering around the short term resistance of 81.00-81.20 from where it sold off during September last.
USD/JPY Forecast November 21, 2012, Technical Analysis
The USD/JPY pair continued to grind higher on Tuesday, as the Bank of Japan works its way against the Yen. The marketplace should continue to grind higher, but we have seen a significant move in a short...
USD/CAD Forecast November 21, 2012, Technical Analysis
The USD/CAD pair did very little during the session on Tuesday as we continue to consolidate between the parity and 0.99 levels. We currently sit just below the 200 day exponential moving average, and as such there...
GBP/USD Forecast November 21, 2012, Technical Analysis
GBP/USD rose during the session on Tuesday as the top of Monday’s shooting star has been broken. This is a bullish sign, and as such we believe that this market will continue to rise over the next...
EUR/USD Forecast November 21, 2012, Technical Analysis
EUR/USD finally closed above the 1.28 level as that resistance area has been slowly chipped away over the last couple of weeks. With this being said, it is a bullish sign and we would consider the possibility...
AUD/USD Forecast November 21, 2012, Technical Analysis
AUD/USD into the session essentially unchanged after flirting with both opposed 1.04 levels, and pre-1.04 levels. In other words, the market went back and forth and eventually did nothing.
Forex-Metal Daily Analysis -20/11/2012
Technical analysis for 20.11
USD/CHF Forecast- 14.11.2012
Date: 19.11.2012 Time: 17:24 Rate: 0.9403 4 Hour chart Last Review USD/CHF Forecast- The price has reached the 0.9513 price level and immediately backed down while at the moment it is located under the Bollinger’s moving average...
AUD/USD Forecast- 20.11.2012
Date: 19.11.2012 Time: 17:13 Rate: 1.0404 4 Hour chart Last Review AUD/USD Forecast- the price has descended and checked the 1.04110 support level while breaching the 1.0443 resistance level will probably lead the price towards the closest...