AUD/USD Forecast September 12, 2012, Technical Analysis
The AUD/USD pair shot straight up during the session on Tuesday as the world continues to look forward to more quantitative easing on Thursday out of the Federal Reserve.
Tag: AUDUSD
Daily FX perspective September 12, 2012 – GFM Research
The US Dollar continues to slip across the board; after the Dollar Index closed below 81.00 ranges it continued to slide to currently trade at 79.80 ranges; 78.20-78.90 is now the watch out support.
AUD/USD Forecast September, 11, 2012, Technical Analysis
The AUD/USD pair fell during the session on Monday as the “risk off” attitude came back into the marketplace. The resulting candle for the session almost looks like a shooting star, but nonetheless it says the same...
Daily FX perspective September 11, 2012 – GFM Research
The Dollar Index at the historic support of 80.00, though 81.20-82.00 would act as major resistance. The benchmark equity index of the Dow Industrials (.DJIA) is currently trading firm at 13200 ranges after hitting intermediate resistance of...
Daily FX perspective September 10, 2012 – GFM Research
The Dollar Index has closed below the critical support of 81.00 to currently trade at 80.30 on the event of the ECB decision to go unlimited bond buying to tackle the Euro zone debt crisis. Weaker the...
AUD/USD Forecast September 10, 2012, Technical Analysis
The AUD/USD pair had a stellar day on Friday as the jobs report in the United States came out poorly. This signals that the Federal Reserve will more than likely be forced to embark on more quantitative...
AUDUSD Analysis – September 9, 2012
AUDUSD bounces strongly from 1.0167, suggesting that a cycle bottom has been formed on daily chart. Further rise could be expected after a minor consolidation, and next target would be at 1.0500 area. Key support is at...
AUD/USD Forecast September 7, 2012, Technical Analysis
The AUD/USD pair rose rapidly during the session on Thursday as the ECB looks set to buy “unlimited” bonds out of their region. This of course should equate to further easing, and as such the gold market...
Daily FX perspective September 7, 2012 – GFM Research
The Dollar Index is currently trading flat at the critical support of 81.00 after the Greenback depreciated yesterday across the board especially against the Aussie. The short-term trend is still range bound between 81.00 and 82.10 with...
AUD/USD Forecast September 6, 2012, Technical Analysis
The AUD/USD pair fell yet again during the Wednesday session as the downtrend continues. However, it should be noted that the end of the day saw a bounce and we manage to form a hammer for the...