Forex-Metal Daily Analysis -25/01/2011
Collapse of the political coalition of Ireland supported the greenback. Asian and European trading sessions:
Tag: USDJPY
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USDJPY Analysis – January 22, 2011
USDJPY formed a cycle bottom at 80.93 level on daily chart. Further rise to 85.50 area to reach next cycle top is possible next week. Support is at 81.85, a breakdown below this level will indicate that...
Forex-Metal Daily Analysis -20/01/2011
The greenback weakness pushed euro higher. Asian and European trading sessions:
Forex-Metal Daily Analysis -19/01/2011
Strong Euro-zone fundamentals supported the euro. Asian and European trading sessions:
Forex-Metal Daily Analysis -18/01/2011
The euro drops ahead of the European Finance Ministers meeting. Asian and European trading sessions:
USDJPY Analysis – January 15, 2011
USDJPY formed a cycle bottom at 80.93 level on daily chart. The price action from 80.30 is treated as consolidation of downtrend from 94.98. Further rise towards 85.50 area to complete the consolidation would likely be seen.
Forex-Metal Daily Analysis -13/01/2011
Beige Book report saves the greenback. Asian and European trading sessions: Euro: On Wednesday the EUR/USD pair started to strengthen and reached the $1,3000 level during the morning trading. Euro continued to strengthen after the successful auction...
Forex-Metal Daily Analysis -12/01/2011
Euro managed to strengthen over the greenback. Asian and European trading sessions: Euro: Nevertheless that euro was under pressure due to the concerns over the Euro-zone crises, certain factors rendered support to the euro. The Japanese government...
Forex-Metal Daily Analysis -12/01/2011
Greenback was supported as unwillingness to take risks grew. Asian and European trading sessions: Euro: Concerns regarding the situation of the European peripheral countries and their weakened ability to raise financing continued to pressure the euro in...