8th June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 8, 2011 5:19 am
The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...

7th June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 7, 2011 5:19 am
The Dollar Index (DXM11) lost more than a percentage during last week; yesterday it traded flat and mild short covering was witnessed after the Dollar Index neared critical support of 73.40 ranges. DXM11 may trade sideways with...

3rd June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 3, 2011 5:34 am
Short covering was witnessed in the Dollar Index (DXM11) on the event of the key equity index of Dow Jones Industrials (DJIA) continuing the fall of Wednesday, June 01, 2011. Critical support for the Dollar Index is...

2nd June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 2, 2011 6:42 am
Weaker than expected employment numbers resulted in deep correction in the equity bourses, especially the Dow Jones Industrials (DJIA) resulting in short covering in the Dollar Index (DXM11).

1st June, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | June 1, 2011 6:50 am
The Dollar Index (DXM11) slipped below critical support of 75.00 ranges to trade currently at 74.48; weekly close below 73.40 would result is long-term bearishness in the Dollar reinitiating; consistent close below 74.00 would also increase our...

31st May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 31, 2011 5:48 am
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.

30th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 30, 2011 6:24 am
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.Key equity index of...

27th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 27, 2011 8:28 am
The Dollar Index (DXM11) taking resistance at 76.50 ranges is lower at 75.20 ranges; weekly close below 75.00 ranges would result in continuation of the long-term dollar weakness.Benchmark equity index of the Dow Jones Industrials (DJIA) recovered...

26th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 26, 2011 6:57 am
The Dollar Index (DXM11) slips again from 76.50 ranges; on the event of weaker than expected economic data, profit taking was witnessed in the dollar long positions. The Cable appreciated the most followed by the Euro and...

25th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 25, 2011 6:14 am
The U.S Dollar is trading mixed, where as the Greenback is showing resilience against the Cable, the Aussie Dollar and the Common Currency are still trading weaker.The Dollar Index (DXM11) has reached major resistance zone of 76.50;...