AUD/USD Forecast November 29, 2012, Technical Analysis
The AUD/USD pair rose during the session on Wednesday as we continue to try and break out above the 1.05 level. If we do manage to do that, the 1.06 level will be calling. However, we can...
Tag: AUDUSD
Daily FX perspective November 29, 2012 – GFM Research
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.30 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
AUD/USD Forecast November 28, 2012, Technical Analysis
The AUD/USD pair initially tried to rally during the session on Tuesday, but failed and ended up closing lower. This candle is an outside candle, and as such it looks like we could be setting up for...
AUD/USD Forecast November 27, 2012, Technical Analysis
The AUD/ USD pair fell on Monday initially, but bounced in order to form a nice-looking hammer. This hammer suggests that we are going to break through the 1.05 level, and continue higher.
Daily FX perspective November 27, 2012 – GFM Research
The Dollar Index is currently trading at 80.00 ranges, after finding resistance at 81.00 ranges from where is sold off during September. Daily close below 79.80 would result in further depreciation of the US Dollar across the...
Daily FX perspective November 26, 2012 – GFM Research
The Dollar Index falls again from 81.20 ranges from where it has sold off during September. Currently it is trading at 80.30 with 79.90-80.00 acting as important support. Daily close below 79.80 would result in further depreciation...
AUDUSD Analysis – November 24, 2012
Being contained by the support of the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 1.0287, suggesting that a cycle bottom has been formed on daily chart.
AUD/USD Forecast November 26, 2012, Technical Analysis
The AUD/USD pair rose during the session on Friday as the 1.04 level continues to act as a magnet to price.
AUD/USD Forecast November 23, 2012, Technical Analysis
The AUD/USD currency pair fell during the session originally, but found support as we formed yet another hammer just below the 1.04 level. This market looks like it’s trying to grind higher, and as such we are...
Daily FX perspective November 22, 2012 – GFM Research
The Greenback traded mixed against the four FX majors, wherein it has depreciated against the Euro, the Swiss Franc and the GBP whereas the Yen continued to depreciate against the USD.