Forex-Metal Daily Analysis – 20/09/2011
Euro is loosing its positions against the greenback.
Tag: AUDUSD
AUD/USD Technical Analysis September 20, 2011
AUD/USD fell hard on Monday, and unlike the rest of the “risk currencies”, it didn’t bounce that much at the end of the session, or at least a lot less than these types of currencies. With that...
20th September, 2011 – Daily Forex Report by GFM Research
After the Dollar Index corrected to 76.00 ranges, it gained to currently trade at 77.80 ranges, the major trend indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming...
19th September, 2011 – Daily Forex Report by GFM Research
The Greenback continued to trade firm against most of the FX majors on the event of continued correction in the prices of most of the asset classes especially the equities. Double dip depression in the US is...
AUD/USD Technical Analysis September 19, 2011
The AUD/USD pair managed a bounce from the two previous hammers that it printed this week. The Friday action was positive, but not overly so. The pair looks like it is going to grind higher, so a...
AUDUSD Analysis – September 17, 2011
AUDUSD remains in downtrend from 1.0764. Deeper decline towards 0.9927 previous low is still possible next week. Resistance is at 1.0450, only break above this level could bring price back towards 1.1080 previous high.
Forex-Metal Daily Analysis – 15/09/2011
Moody’s decision to reduce the credit rating of two leading French banks pressured the euro.
AUD/USD Technical Analysis September 15, 2011
AUD/USD fell hard during the first part of the session on Wednesday, but then shot straight up as the markets had found a footing in the US session. The resulting candle for the day is a hammer,...
AUD/USD Analysis (September 15)
The outlook is now clearly bearish on the pair and we expect a test of the parity soon.
Forex-Metal Daily Analysis – 14/09/2011
European crises is spreading in Europe and the euro stays under pressure. Asian and European trading sessions: Euro: The Euro was trading near its maximums during the Asian session. Further strengthening of Euro currency was constrained by...