AUD/USD Analysis (October 02)
The Aussie continues to loose ground in a context of risk aversion with a confirmed break below parity.
Tag: AUDUSD
AUD/USD Technical Analysis October 3, 2011
AUD/USD continued its fall on Friday as traders are selling off anything risk related at this point. The Aussie is especially sensitive to the global economy, and as there are concerns about China slowing down
AUDUSD Analysis – October 1, 2011
AUDUSD has formed a cycle bottom at 0.9622 on daily chart. However, the rise is treated as consolidation of downtrend from 1.0764, another fall is still possible after consolidation, and a breakdown below 0.9622 could signal resumption...
30th September, 2011 – Daily Forex Report by GFM Research
On the event of sideways trading (with weaker bias) witnessed in most of the asset classes, the Dollar Index appreciated from 77.30 ranges with stronger bias, though it is expected to find stiff resistance in the ranges...
Forex-Metal Daily Analysis – 29/09/2011
Concerns over the situation in Europe are growing.
29th September, 2011 – Daily Forex Report by GFM Research
The Dollar Index is finding stiff resistance in the ranges of 78.85-79.00 ranges due to bargain buying in most of the asset classes especially the equities though the major trend is still bearish. As long as 79.50...
Forex-Metal Daily Analysis – 28/09/2011
Willingness to take risks is back.
28th September, 2011 – Daily Forex Report by GFM Research
Bargain buying was witnessed in most of the asset classes especially the equities though the major trend is still bearish, as a result of which, the Dollar Index is finding stiff resistance in the ranges of 78.85-79.00...
AUD/USD Technical Analysis September 27, 2011
AUD/USD fell hard on Monday, but managed a large bounce in the US session to form a hammer at the 0.97 support level. The level looks like it is going to produce a bounce, and this would...
27th September, 2011 – Daily Forex Report by GFM Research
Dollar Index after hitting major resistance zone of 78.75-79.30 ranges sold off to currently trade at 78.00 ranges. Dollar Index may correct to 77.00 ranges and later towards 76.20. Only weekly close below 76.20 results in reinitiating...