2nd June, 2011 – Daily Forex Report by GFM Research
Weaker than expected employment numbers resulted in deep correction in the equity bourses, especially the Dow Jones Industrials (DJIA) resulting in short covering in the Dollar Index (DXM11).
Tag: AUDUSD
Forex-Metal Daily Analysis -01/06/2011
Euro reaches 3-month maximum against the greenback.
Daily Market Review for 01/06/2011 by SolidityBrokers.com
U.S. stocks rose for a fourth consecutive session Tuesday as optimism about financial help ahead for Greece offset earlier pressure from a disappointing reading on consumer confidence, but the benchmark indexes couldn’t recover their losses for the...
1st June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) slipped below critical support of 75.00 ranges to trade currently at 74.48; weekly close below 73.40 would result is long-term bearishness in the Dollar reinitiating; consistent close below 74.00 would also increase our...
Forex-Metal Daily Analysis -31/05/2011
The New-Zealand dollar hits record-breaking maximum.
31st May, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.
Forex Metal Newsletter
Market review for 23 – 27. 05, 2011
30th May, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.Key equity index of...
AUDUSD Analysis – May 28, 2011
AUDUSD remains in downtrend from 1.1011, the bounce from 1.0440 is treated as consolidation of downtrend. Another fall could be expected next week, and next target would be at 1.0250 zone. Key resistance is at 1.1011, only...
27th May, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXM11) taking resistance at 76.50 ranges is lower at 75.20 ranges; weekly close below 75.00 ranges would result in continuation of the long-term dollar weakness.Benchmark equity index of the Dow Jones Industrials (DJIA) recovered...