Daily FX perspective November 16, 2012 – GFM Research

by gfmresearch.com | November 16, 2012 5:53 am
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance; the USD has traded mixed wherein it has lost more than 50 pips against the Euro and the Swiss Franc, about...

AUD/USD Forecast November 15, 2012, Technical Analysis

by FX Empire | November 15, 2012 9:09 am
The AUD/USD pair fell precipitously during the Wednesday session as we continue to bounce around the 1.04 level. The markets took a serious “risk off” attitude during the session on Wednesday, and as usual the Australian dollar...

Daily FX perspective November 15, 2012 – GFM Research

by gfmresearch.com | November 15, 2012 5:47 am
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance after the FOMC meeting yesterday. The Dollar Index is expected to again find resistance at 81.00-81.20 ranges from where is sold...

AUD/USD Forecast November 14, 2012, Technical Analysis

by FX Empire | November 14, 2012 9:13 am
The AUD/USD pair fell during the session on Tuesday as we retested the 1.04 level for support. It did hold, and we bounced in order to form a hammer. However, we are still below the Wednesday shooting...

Daily FX perspective November 14, 2012 – GFM Research

by gfmresearch.com | November 14, 2012 6:39 am
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges after the FOMC meeting yesterday. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off during September...

AUD/USD Forecast November 13, 2012, Technical Analysis

by FX Empire | November 13, 2012 4:24 am
The AUD/USD pair rose during the session on Monday, but still reigns contained within the shooting star that defined last week on the weekly chart. As you can see, Wednesday formed a wicked looking shooting star as...

Daily FX perspective November 12, 2012 – GFM Research

by gfmresearch.com | November 12, 2012 6:13 am
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges a head of the FOMC meeting tomorrow. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off...

AUDUSD Analysis – November 10, 2012

by ForexCycle.com | November 10, 2012 10:08 am
AUDUSD’s upward movement from 1.0149 extends to as high as 1.0480. Further rise is still possible next week, and next target would be at 1.0550 area. Support is at 1.0330, only break below this level will indicate...

Daily FX perspective November 9, 2012 – GFM Research

by gfmresearch.com | November 9, 2012 5:43 am
Despite weakness in the benchmark equity index of Dow Industrials (.DJIA), resilience was seen in the appreciation of the Greenback against most of the FX majors. The Dollar Index may again expected to find resistance at 81.00...