11th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 11, 2011 6:31 am
US Dollar appreciated across the board on the event for profit taking in key index of Dow Jones Industrials (DJIA). Dollar Index (DX), March basis has hit critical resistance at 77.35 on NYBOT on March 10, 2011....

10th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 10, 2011 7:09 am
Euro though settled marginally higher at 1.3903 against previous close of 1.3895 but under tone is likely to remain weak in near-term unless closes above 1.3990 on daily charts. Aussie Dollar, if close below 1.0027 on daily...

9th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 9, 2011 7:03 am
EURUSD settled lower at 1.3895 on profit booking at higher level. On daily closing below 1.3900, it can be seen testing 1.3711 in near-term. USDCHF rose after breaking key resistance of 0.9335 and may test 0.9521 in...

8th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 8, 2011 6:03 am
EURUSD though lost some shine yesterday in range bound market but likely to maintain momentum on upside unless it closes below 1.3900 on daily charts. Cable faced resistance at 1.6343 against Greenback and settled 146 pips lower...

7th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 7, 2011 6:46 am
Euro gained almost 1.75 percent against dollar last week. Immediate support and resistance of EURUSD are 1.3910 and 1.4015 respectively. DJ closed lower at 12169.88 on Friday against previous close of 12258.20. Dow showed crisscross well in...

04th March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 4, 2011 6:09 am
EURUSD rose sharply yesterday on Interest rate hike decision by ECB during its April, 2011 meet.  Common Currency is hovering near key resistance of 1.3955; strong vigilance is needed at this level as any negative news may...

03rd March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 3, 2011 7:04 am
Common currency rose most since November 15, 2010 and closed higher at 1.3864 yesterday. EURUSD immediate support is seen at 1.3812 and resistance can be seen near 1.3955. Dow Jones industrial Average closed marginally higher at 12066.80...

02nd March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 2, 2011 7:00 am
DJ faced resistance and settled lower at 12058.02 yesterday, almost 200 points lower from day’s high. Common Currency may find stiff resistance at 1.3955 ranges. ERUUSD though settled negative but caught in 1.3700-1.3865 range since last four...

01st March 2011 – FX Daily Report by GFM Research

by gfmresearch.com | March 1, 2011 6:52 am
EURUSD may find stiff resistance at 1.3955 ranges. Common Currency though settled positive but caught in 1.3700-1.3865 range since last three days. USDCHF may pair some of the price losses in near-term till its trades above 0.9230....

28th February 2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 28, 2011 6:43 am
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...