AUD/USD Technical Analysis September 14, 2011
The AUD/USD pair had a whipsaw kind of day on Tuesday as traders simply didn’t know which direction to trade most of the world’s markets. The pair is a proxy for risk, so this isn’t a surprise.
Tag: AUDUSD
14th 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 Analysis (September 13)
The pair is carving out a lower top on the weekly chart which confirms a possible long term trend reversal and the recent consolidation only reinforces this scenario.
13th September, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DX) continued to appreciate after finding support at 73.60 ranges on August 29, 2011 on the event of softer equity bourses across the world. Double dip depression in the US is still glooming resulting...
AUD/USD Analysis (September 12)
The pair is carving out a lower top on the weekly chart which confirms a possible long term trend reversal.
AUD/USD Technical Analysis September 12, 2011
The AUD/USD fell on Friday, as did all risk-related currencies. However, the AUD is a bit insulated as there is massive demand for gold at the moment, and Australia has plenty of it.
AUDUSD Analysis – September 10, 2011
AUDUSD has formed a cycle top at 1.0764 on daily chart. Deeper decline towards 0.9927 previous low is expected in a couple of weeks. Resistance is at 1.0764, only break above this level could trigger another rise...
Forex-Metal Daily Analysis – 08/09/2011
The US Dollar stepped back against the background of an increase in the stock
AUD/USD Analysis (September 8)
The sharp decline from August resulting in a quick break below parity has yet to be confirmed. For the time being, the pair continues to be well bid.
AUD/USD Technical Analysis September 8, 2011
The AUD/USD pair rose on Wednesday, and even broke above the gap formed at the beginning of the week. The 1.05 level has held as massive support, and as such – we like buying on dips or...