Forex Metal Weekly Newsletter
Market review for 21 – 25. 02, 2011
Tag: AUDUSD
28th February 2011 – FX Daily Report by GFM Research
EURUSD may find stiff resistance at 1.3955 ranges. Common Currency fell after taking resistance near high of 1.3861 made on February 02, 2011 and settled lower at 1.3751, halting two days rally. EURUSD is showing bit of...
AUDUSD Analysis – February 26, 2011
AUDUSD moved sideways in a narrow range between 0.9943 and 1.0199 for several days. Resistance is at 1.0199, a break above this level will indicate that the uptrend from 0.8066 has resumed, then next target would be...
25th February 2011 – FX Daily Report by GFM Research
Dollar is expected to continue to trade in weaker territory, especially against the Euro and Cable, though it’s trading neutral against the Aussie Dollar. During past three days, despite sell of in Dow Jones Industrials, historic correlation...
Forex-Metal Daily Analysis -24/02/2011
Bank of England minutes bring pound to maximums. Asian and European trading session: Euro: 2-year maximums of the oil prices level supported the growing euro rate, since the possibility that the ECB would reinforce its monetary policies...
24th February 2011 – FX Daily Report by GFM Research
EURUSD continued its previous day rally yesterday to settle with positive note at 1.3758, well above high of 09th February 2011. 1.3865 is now immediate resistance for common currency above which possibilities of testing 1.4282, high made...
Forex-Metal Daily Analysis -23/02/2011
Demand for the save-heaven assets is growing.
23rd February 2011 – FX Daily Report by GFM Research
Common currency settled marginally lower at 1.3672 and showed sharp recovery from day’s low of 1.3525. Till it trades above 1.3428, we don’t see any major correction in EURUSD, 1.3744, high of 09th February 2011, is immediate...
Forex-Metal Daily Analysis -22/02/2011
Instability in the Middle East and Africa regions concerns the market.
22nd February 2011 – FX Daily Report by GFM Research
Dow Jones Industrials (.DJIA) correlation suggests strength for Dollar in very short-term. With Dow showing signs of sell off from historic congestion zone of 12300 ranges, most of the majors showed signs of yielding against the USD....