AUDUSD Analysis – October 8, 2011
AUDUSD remains in downtrend from 1.0764 and the fall extended to as low as 0.9390. Key resistance is now at 0.9984, as long as this level holds, downtrend could be expected to resume, and another fall towards...
Tag: AUDUSD
7th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued correction after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges. On the lower side 76.00 ranges would act as formidable support...
AUD/USD Technical Analysis October 7, 2011
AUD/USD continued to rise on Thursday as the global markets continue the “risk on” move that they have been in over the last few days. The charts do suggest that we may still be a bit oversold,...
Forex-Metal Daily Analysis – 06/10/2011
The speech of Bernanke inspired the markets. The Euro showed moderate growth.
AUD/USD Technical Analysis October 6, 2011
AUD/USD rose on Wednesday as traders piled into the “risk on” trade. The rumors out of the EU suggest that the various countries may be working on a coordinated effort to recapitalize the banks, and that it...
Forex-Metal Daily Analysis – 05/10/2011
Asian and European trading sessions:
5th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index succumbed to profit booking after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges.Key equity index of the Dow Jones Industrials (DJIA) is...
4th October, 2011 – Daily Forex Report by GFM Research
Continued weakness in the equities world over led to safe haven bet on the USD which resulted in the Dollar Index appreciating beyond 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20...
Forex Metal Weekly Newsletter
Market review for 26 – 30. 09, 2011 Europe and its debt problems were keeping everyone under pressure last trading week. The
3rd October, 2011 – Daily Forex Report by GFM Research
Weaker asset classes has lead to run on USD which resulted in the Dollar Index appreciating to 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges.Key equity index of...