AUD/USD Analysis (September 13)
The pair is carving out a lower top on the weekly chart which confirms a possible long term trend reversal and the recent consolidation only reinforces this scenario.
Category: Daily Forex Reports
USD/CAD Analysis (September 13)
At the end of last week, the pair was finally showing some ability to confirm a bullish outlook bounce but once again the parity level has offered some strong resistance over the last session.
USD/CHF Analysis (September 13)
The recent announcement from the SNB (to set the Swiss Franc at minimum 1,20 against the Euro) has at last allowed a significant bounce on the pair which also benefits from the Dollar relative strengh.
USD/JPY Analysis (September 13)
The pair remains under pressure with a long term bearish outlook.
GBP/USD Analysis (September 13)
July low (1,5780) has offered some support to the pair but we the downside pressure remains intense.
EUR/USD Analysis (September 13)
The pair is consolidating in the beginning of the week with market participants digesting the recent sharp decline.
13th September, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DX) continued to appreciate after finding support at 73.60 ranges on August 29, 2011 on the event of softer equity bourses across the world. Double dip depression in the US is still glooming resulting...
AUD/USD Analysis (September 12)
The pair is carving out a lower top on the weekly chart which confirms a possible long term trend reversal.
USD/CAD Analysis (September 12)
We finally saw the pair confirming a possible long term reversal with a resumption of the uptrend at the end of last week.
USD/CHF Analysis (September 12)
The recent announcement from the SNB (to set the Swiss Franc at minimum 1,20 against the Euro) has at last allowed a significant bounce on the pair which also benefits from the Dollar relative strengh.