Forex-Metal Daily Analysis -30/08/2012
Technical analysis for 30.08
Tag: AUDUSD
Australian Dollar Is Due For A Sell-Off
Earlier in the week, while doing an analysis of the recent COT report, I noticed something peculiar in the data for the Australian Dollar. During the past six weeks the number of futures contracts held by long speculators...
30-Aug: Daily FX perspective – GFM Research
The US Dollar is trading flat at 81.54 with 81.00-81.20 acting as support and 82.10-82.30 acting as resistance; only daily close below 81.00 would lead to further depreciation in the USD across the board.
AUD/USD Forecast August 30, 2012, Technical Analysis
The AUD/USD pair attempted to rally during the Wednesday session, but fell short as the sellers step back into the marketplace. We are currently trading right around the 1.0350 level, which of course is relatively close to...
AUD/USD Forecast August 29, 2012, Technical Analysis
The AUD/USD pair had a back-and-forth session on Tuesday as the daily candle ended up being very neutral. The pair does look anemic at this point in time, and a move to the 1.03 level looks to...
29-Aug: Daily FX perspective – GFM Research
The US Dollar slipped of yesterday’s European session highs to close weak, 81.00-81.20 is posting as support; daily close below 81.00 would lead to further depreciation in the USD across the board. Yesterday the benchmark equity index...
AUD/USD Forecast August 28, 2012, Technical Analysis
The AUD/USD pair fell during the session on Monday as the 1.04 level has given way. The market appears like it is one seems to accelerate to the downside, but the 1.03 level should provide some type...
28-Aug: Daily FX perspective – GFM Research
The US Dollar is trading flat after finding support at 81.20 with 82.00-82.30 being interim resistances. Further weakening of the Greenback is expected only on daily close below 81.00 ranges.
AUD/USD Forecast August 27, 2012, Technical Analysis
AUD/USD fell during the session on Friday in order to break through an uptrend line. The pair looks extremely vulnerable at this point in time, and in fact of the weekly chart even showed a shooting star....
27-Aug-2012: FX perspective by GFM Research
The US Dollar after correcting from 84.20 ranges since couple of weeks is currently trading flat after finding support at the interim support of 81.20 ranges. Further weakening of the Greenback is expected only on daily close...