USDJPY Analysis – March 5, 2011

by ForexCycle.com | March 5, 2011 5:22 am
USDJPY formed a symmetrical triangle pattern on daily chart. The price action in the pattern is treated as consolidation of downtrend from 94.98 (May 5, 2010 high), a clear break below the lower boundary of the pattern...

04th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 4, 2011 6:09 am
EURUSD rose sharply yesterday on Interest rate hike decision by ECB during its April, 2011 meet.  Common Currency is hovering near key resistance of 1.3955; strong vigilance is needed at this level as any negative news may...

03rd March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 3, 2011 7:04 am
Common currency rose most since November 15, 2010 and closed higher at 1.3864 yesterday. EURUSD immediate support is seen at 1.3812 and resistance can be seen near 1.3955. Dow Jones industrial Average closed marginally higher at 12066.80...

Forex-Metal Daily Analysis -02/03/2011

by Forex-Metal.com | March 2, 2011 7:03 pm
Speech of Ben Bernanke supported the greenback today. Asian and European trading sessions: Australian Dollar: Australian dollar strengthened against the yen today since the released Australian retail sales data turned out to be above expectations. The Reserve...

02nd March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 2, 2011 7:00 am
DJ faced resistance and settled lower at 12058.02 yesterday, almost 200 points lower from day’s high. Common Currency may find stiff resistance at 1.3955 ranges. ERUUSD though settled negative but caught in 1.3700-1.3865 range since last four...

USD/JPY Outlook

by c2fx.com | March 2, 2011 6:33 am
Greetings. Let’s pull up the USD/JPY hourly chart. As you can see, we’re resting right on a major trend line and the next day or two may help solidify the pair’s movement.

01st March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 1, 2011 6:52 am
EURUSD may find stiff resistance at 1.3955 ranges. Common Currency though settled positive but caught in 1.3700-1.3865 range since last three days. USDCHF may pair some of the price losses in near-term till its trades above 0.9230....