Forex-Metal Weekly Analysis
Market review for 20 – 24.02, 2012
Tag: AUDUSD
27th February, 2012 – Daily Forex Report by GFM Research
US Dollar depreciated against the common currency and the Cable while appreciating against the Japanese Yen and trading flat against the Swiss Franc; the Japanese Yen is exhibiting contrary trend to other FX majors wherein it has...
AUDUSD Analysis – February 25, 2012
AUDUSD broke below the price channel on daily chart. However, the fall from 1.0844 is likely consolidation of the uptrend from 0.9861, one more rise towards 1.1080 previous high is still possible. Key support is now at...
AUD/USD Forecast February 24, 2012, Technical Analysis
AUD/USD rose on Thursday as the bottom of the recent consolidation area held true. The 1.06 level looks very constructive at the moment, and the market simply couldn’t break down through it.
24th February, 2012 – Daily Forex Report by GFM Research
Dollar Index resumes bearish trend on the event of most of the asset classes especially the benchmark equity index of the Dow Jones Industrial Average (.DJIA) appreciating.Historic correlation between DX Vs DJIA is signifying USD bearishness in...
Forex-Metal Daily Analysis -23/02/2012
The yen weakened against the U.S. dollar. The USD/JPY pair grew to Y80.37 level. Asian and European trading sessions:
AUD/USD Forecast February 23, 2012, Technical Analysis
AUD/USD fell on Wednesday as the risk appetite fell for the session. The pair has enjoyed a strong run up, and at this time looks like it could be taking a rest. The 1.08 level above still...
23rd February, 2012 – Daily Forex Report by GFM Research
With the Dow Jones Industrials (.DJIA) unable to sustain above 13000 mark, the Dollar Index may trade sideways between 78.60 and 79.85. Though the major trend of the Greenback is bearish, it may trade sideways some time.The...
Forex-Metal Daily Analysis -22/02/2012
The market reacted positively on the decision of providing assistance to Greece. Market review for 21.02.12: The market reacted positively on the decision of providing assistance to Greece.
AUD/USD Forecast February 22, 2012, Technical Analysis
AUD/USD fell hard on Tuesday as the risk appetite of the markets seems to be fading slightly. Perhaps it is the fact that the participants already expected the Greeks to be bailed out, but the fact is...