24th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 24, 2011 6:26 am
The Dollar Index (DXM11) reached major resistance zone of 76.50; Weekly close above 76.50 would post short-term bottom. On the lower side, 74.40 is expected to act as critical support for Dollar Index (DXM11), only weekly close...

23rd May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 23, 2011 6:11 am
The Greenback strengthens across the board; U.S Dollar gained most against the Euro where as remained flat against the Aussie Dollar and the Cable; 74.40 is expected to act as critical support for Dollar Index (DXM11), only...

20th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 20, 2011 5:23 am
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...

19th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 19, 2011 6:27 am
The U.S Dollar starts trading weak again; unable to trade beyond 76.50 the Dollar Index (DX) succumbed to profit taking at 76.10 ranges to trade currently at 75.40.  Benchmark equity index of the Dow Jones Industrials (DJIA)...

18th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 18, 2011 6:06 am
Dollar Index (DX) falls unable to trade beyond 76.50; profit taking was witnessed in the U.S Dollar across the board after the Dollar Index hit major resistance zone on 76.20-76.50 ranges to currently trade at 75.28.Benchmark equity...

17th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 17, 2011 6:45 am
Dollar looses shine after ten consecutive days appreciation; it seems that focus is increasing on the Fed’s decision about the interest rate decision.Benchmark equity index of the Dow Jones Industrials (DJIA) unable to trade beyond 12800 ranges...

16th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 16, 2011 5:47 am
Increase in Michigan Sentiment pushes the U.S Dollar to furthers highs on Friday; the Greenback continued strengthening for the consecutive week after the Dollar Index (DX) hitting low of 72.89 ranges couple of weeks earlier.Benchmark equity index...

13th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 13, 2011 6:38 am
With most of the asset classes especially equity bourses  and commodities, finding stability in the lower ranges, the Dollar Index expected to find resistance at 76.10; only weekly close beyond 76.20 ranges would give confirmation of short-term...

12th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 12, 2011 6:42 am
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...

11th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 11, 2011 6:25 am
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...