25th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 25, 2011 6:16 am
The U.S Dollar continued depreciating after breaking critical support of 74.825. Bear trend seems to sustain till the daily close is not beyond 75.20. Only daily close above 75.60 would post short-term bottom.The Dow Jones Industrials (DJIA)...

21st April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 21, 2011 9:21 am
The Dollar Index (DXM11) continued depreciating against the major pairs after resuming bear trend on the event of key equity index (.DJIA) stabilizing beyond 12400 ranges. The Common Currency appreciated by more than 160 pips; the Cable...

20th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 20, 2011 7:11 am
U.S Dollar resumes bear trend on the event of key equity index (.DJIA) stabilizing at 12100 ranges. The Common Currency appreciated by more than 120 pips; the Cable appreciated by more than 60 pips; and the Aussie...

19th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 19, 2011 6:13 am
U.S Dollar bounces from the all time low of 74.825 (DXM11) made on April 15, 2011. The Dow Jones Industrials (DJIA) fell from the historic resistance zone of 12400 ranges, resulting in correction in Euro, the Aussie...

18th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 18, 2011 7:36 am
The U.S Dollar depreciated to all time low of 74.825 despite the Michigan Sentiment rising month-on-month. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further...

15th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 15, 2011 6:25 am
The U.S Dollar depreciated against the Common Currency and the Cable after disappointing economic data. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further appreciate...

14th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 14, 2011 7:26 am
U.S Dollar traded flat yesterday against the Common Currency, the Cable and the Aussie Dollar. The Swiss Franc continued strengthening against the Greenback, hitting all time high of 0.8900 made on March 16, 2011.The Dollar Index (DX)...

13th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 13, 2011 6:44 am
U.S Dollar traded mixed wherein the Cable has corrected by more than 60 pips and the Swiss Franc has strengthened by about 100 pips; the Greenback has closed flat against the Common Currency and the Aussie Dollar.The...

12th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 12, 2011 6:19 am
U.S Dollar strengthens on the event of profit booking in most of the equity bourses across the world. Correction was seen yesterday in EURUSD, GBPUSD and AUDUSD. The Japanese Yen has strengthened after hitting historic resistance zone...

11th April, 2011 – Daily Forex report by GFM Research

by gfmresearch.com | April 11, 2011 7:12 am
The U.S Dollar depreciated across the board. The Aussie Dollar and the Euro out performed compared to other FX majors against the Greenback.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...