AUD/USD analysis (July 25)
The Aussie has been outperforming last week. The high yield currency took advantage of the renewed risk appetite on a confused market driven by macro-economic events.
Tag: AUDUSD
AUDUSD Analysis – July 23, 2011
AUDUSD broke above 1.0798 resistance and continued its upward move from 1.0390. Further rise towards 1.1011 is expected in a couple of weeks, a break above this level will signal resumption of the long term uptrend from...
22nd July, 2011 – Daily Forex Report by GFM Research
The USD depreciated for the second trading session against the Euro, the Cable and the Aussie Dollar whereas traded flat against the Japanese Yen and the Swiss Franc. It seems that the all the eyes are Euro...
Forex-Metal Daily Analysis -21/07/2011
European Summit expectations increase the demand for the high-risk assets.
AUD/USD analysis (July 22)
The pair did finally manage to break above the upper limit of its daily range at 1,08. We now consider that the market will resume its long term uptrend which is confirmed by the rising weekly 20...
21st July, 2011 – Daily Forex Report by GFM Research
The USD depreciated homogeneously against most of the majors, though it has traded flat against the Japanese Yen and the Aussie Dollar. It seems that the all the eyes are Euro Zone debt crisis and the US...
AUD/USD analysis (July 21)
The pair continues to evolve in its daily range and we don’t see any clear directional bias over the immediate term. In fact, the AUD/USD has been offering very interesting opportunities to swing traders while moving upside...
AUD/USD Technical Analysis for July 20, 2011
AUD/USD rose on Tuesday as the markets embraced risk overall. The sentiment is changing every 15 minutes it seems these days, and this pair is a perfect illustration of that fact. It appears that we need to...
20th July, 2011 – Daily Forex Report by GFM Research
The USD mixed wherein it has traded flat against the Euro and the Cable and lost ground against the Aussie Dollar where as the Swiss Franc posted gains against the Greenback. It seems that the all the...
AUD/USD analysis (July 20)
The pair continues to evolve in its daily range and we don’t see any clear directional bias over the immediate term.