AUD/USD Forecast December 26, 2011, Technical Analysis
The AUD/USD rose a bit during the Friday session, only to fail at the 1.02 level. The resulting candle is a short shooting star and shows the 1.02 is still going to cause a reaction in the...
Tag: AUDUSD
AUDUSD Analysis – December 24, 2011
AUDUSD is in downtrend from 1.0378, the rise from 0.9861 would possibly be correction of downtrend. Another fall towards 0.9390 previous low would likely be seen after correction, and a breakdown below 0.9861 could signal resumption of...
AUD/USD Forecast December 23, 2011, Technical Analysis
The AUD/USD pair rose on Thursday as the bulls stepped back in to push back against the fall at the end of the Wednesday session. The pair is highly risk-sensitive, so we aren’t big fans of being...
23rd December, 2011 – Daily Forex Report by GFM Research
Amidst holiday season the Dollar index is trading flat. Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges is holding on weekly closing basis, though 81.40 ranges...
22nd December, 2011 – Daily Forex Report by GFM Research
The US Dollar continued trading strong against the Euro and Swiss Franc whereas traded flat against the Cable and the Aussie Dollar. Major trend is range bound between 73.40 and 81.40 where as the medium trend is...
21st December, 2011 – Daily Forex Report by GFM Research
The Greenback lost across the board especially against the Cable, the Aussie Dollar and the Common Currency on the event of the benchmark equity index of the Dow Jones Industrials gaining more then 200 points. Major trend...
AUD/USD Forecast December 21, 2011, Technical Analysis
AUD/USD rose rapidly on Tuesday as the latest round of “risk on” suddenly came back to the markets. The Spanish managed to sell bonds at a decent rate for the session, and this got the market a...
AUD/USD Forecast December 20, 2011, Technical Analysis
AUD/USD fell hard on Monday as the commodity trade was hit fairly hard. The “risk off” trade came back into vogue during the session, and the afternoon in the US saw an acceleration of this move. The...
20 December, 2011 – Daily Forex Report by GFM Research
The Dollar Index is trading range bound on the advent of long holiday season; Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges are holding, though 81.40...
AUDUSD Analysis – December 18, 2011
AUDUSD had formed a cycle top at 1.0378 on daily chart. Another fall towards 1.9390 previous low would likely be seen over the next several days. Resistance is at 1.0100, as long as this level holds, downtrend...