AUD/USD Forecast October 29, 2012, Technical Analysis
The AUD/USD pair fell during the Friday, but got a bit once we got below the 1.03 level. This formed a hammer, and as such it looks like we have support to go higher. However, we have...
Tag: AUDUSD
AUD/USD Forecast October 26, 2012, Technical Analysis
The AUD/USD pair rallied during the session on Thursday, but gave back almost all of the gains as it formed a shooting star. The 1.04 level continues to be far too resistive for the buyers to get...
AUD/USD Forecast October 25, 2012, Technical Analysis
The AUD/USD pair rose during the session on Wednesday as the Australian dollar bounced from the 1.0250 handle. However, we have been bouncing around so much lately that it is hard to tell exactly what the market...
Daily FX perspective October 25, 2012 – GFM Research
The Dollar Index is still trading range bound between 80.30 and 79.00. The Greenback traded flat yesterday after steep rise witnessed during past couple of days on the event of sell off in most of the asset...
AUD/USD Forecast October 23, 2012, Technical Analysis
The AUD/USD pair bounced off the 1.03 level in order to form a hammer by the end of the session on Monday, which of course is rather supportive. What have to wait and see, but it looks...
Daily FX perspective October 22, 2012 – GFM Research
Gain in US Dollar leads to sell off in most of the asset classes especially the equities; the benchmark equity index of Dow Industrials (.DJIA) has fallen more than 200 points to currently trade at 13340 ranges.
AUDUSD Analysis – October 20, 2012
After touching 1.0167 support, AUDUSD rebounded from 1.0149, suggesting that a cycle bottom has been formed on daily chart. Further rise would likely be seen next week, and the target would be at 1.0450 area.
AUD/USD Forecast October 22, 2012, Technical Analysis
The AUD/USD pair fell during the session on Friday in order to trigger sell orders from the Thursday shooting star. Because of this, it appears that we are failing at the center of the previous consolidation area,...
Daily FX perspective October 19, 2012 – GFM Research
The US Dollar gained across the board after the Dollar Index again found support at 79.00 ranges. The Dollar appreciated most against the Cable, by more than 100 pips followed by the Euro and the Swiss France...
AUD/USD Forecast October 19, 2012, Technical Analysis
The AUD/USD pair rose during the session on Thursday, to test the 1.04 handle. This area is the “middle” of the consolidation area that we currently see between 1.06 and the 1.02 handles.