Forex-Metal Daily Analysis -29/03/2011
Expectations for interest rate increase ruling the market.
Tag: AUDUSD
AUD/USD Forecast for March 29, 2011
The AUD/USD has broken out of the recent consolidation area between 0.97 and 1.0000. Because of this, you cannot risk taking a short position, even if the daily bar is shaped like a shooting star. There is...
29th March, 2011 – Daily Forex report by GFM Research
Dollar Index (DX) is trading at the key resistance of 76.60 ranges; DX consistently trading above 76.70 would post short term bottom, else it may trade range bound between 76.50 and 75.50. The Greenback is trading mixed...
Forex Metal Weekly Newsletter
Market review for 21 – 25.03.2011
28th March, 2011 – Daily Forex report by GFM Research
U.S Dollar strengthened smartly after finding support at 75.50 (Dollar Index-DX) during the last week. The Japanese Yen stabilized against the Greenback and the Common Currency during last week, resulting in the USD appreciating across the board...
AUDUSD Analysis – March 26, 2011
AUDUSD broke above 1.0255 previous high and reached as high as 1.0293. Further rise is still possible next week, and next target would be at 1.0400-1.0500 area. Key support is now at 0.9704, only break below this...
25th March, 2011 – Daily Forex report by GFM Research
U.S Dollar traded mixed against the major pairs, appreciating against the Cable, where as depreciated by more than 50pips against the Common Currency; and traded stable against the Japanese Yen. Japanese Yen is showing signs of consolidation...
Forex-Metal Daily Analysis -24/03/2011
Instability in Portugal and possible deepening of the crises.
24th March, 2011 – Daily Forex report by GFM Research
U.S Dollar recovers against most of the major pairs. Yesterday the Greenback appreciated most against the Cable followed buy the Common Currency. The Japanese Yen stabilized against most of the majors after exhibited unprecedented volatility during last...
23rd March, 2011 – Daily Forex report by GFM Research
FX market stabilized yesterday after witnessing choppy volatile trading sessions during past couple of days. Most of the FX pairs are showing signs of subdued volatility. Most FX pairs returned to the levels they were trading at...