AUD/USD analysis (July 11, 2011)
The pair is still evolving in a daily range between 1,0450 and 1,0790. We have seen the pair rallying to the top of its range last week and we now wait for either a breakout or reversal.
Tag: AUDUSD
AUDUSD Analysis – July 9, 2011
AUDUSD had formed a cycle bottom at 1.0390 on daily chart. The rise from 1.0390 is likely resumption of long term uptrend from 0.8066 (2010 low). Further rise to test 1.1011 previous high resistance is expected next...
Daily Market & Forex Review for July 8, 2011 by SolidityBrokers.com
Wall Street closed in green territory, as encouraging data on jobs and retail sales suggested the economy was riding out a recent rough period. The Dow Jones Industrial Average finished 93.47 points higher at 12,719.49, notching a...
AUD/USD Technical Analysis for July 8, 2011
The AUD/USD pair rose again on Thursday as the bull market continues in the Aussie. The pair looks especially strong, and on a break of Thursday’s highs, we would be buyers. However, it should be kept in...
AUD/USD analysis (July 08, 2011)
The pair has confirmed a bullish bias with a new rally on top of 1,0655 now forming a clear support. Its progress has been well capped though by the top of the daily range at 1,0790.
8th July, 2011 – Daily Forex Report by GFM Research
Euro gains of the lows of 1.4225 ranges against the US Dollar; the USD traded mixed where in it has depreciated against the Euro and the Aussie Dollar whereas it has appreciated against the Cable, the Japanese...
Forex-Metal Daily Analysis -07/07/2011
Moody’s downgraded the Portugal credit rating.
7th July, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed wherein mild correction was seen in the Euro and the Cable; where as the Aussie Dollar posted mild gains and the Swiss Franc traded flatKey equity index, Dow Jones Industrials (DJIA) finds...
AUD/USD analysis (July 07, 2011)
Considering the US Dollar bounce and the renewed risk aversion on the market, the Aussie has been outperforming yesterday stopping its setback above 1,0650. A break above 1,08 would probably resume the uptrend with an acceleration towards...
Forex-Metal Daily Analysis -06/07/2011
BoE is expected to leave the principal rate at the record-breaking minimum level.