Forex-Metal Daily Analysis -21/03/2012
Technical analysis for 21/03 EURUSD The pair is aiming to 1.33143. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630
Tag: AUDUSD
21st March, 2012 – Daily Forex Report by GFM Research
The Dollar Index fall for second consecutive day after entering historic congestion zone of 80.50-81.20. Unusual correlation is observed between the benchmark equity index of the Dow Jones Industrials and the Dollar Index during the past couple...
AUD/USD Forecast March 21, 2012, Technical Analysis
The AUD/USD pair fell hard on Tuesday after a BHP Billiton exec was quoted as saying Chinese demand for hard commodities out of Australia was weakening. The Chinese have been the lone hope for a lot of...
Forex-Metal Daily Analysis -20/03/2012
The statements of German Chancellor, Ms. Angela Merkel provided support for the Euro currency.
AUD/USD Forecast March 20, 2012, Technical Analysis
The AUD/USD pair has been enjoying a massive rally over the last several months, built mainly on the differential in interest rates between the two currencies. The pair will often rise with the world’s stock markets, and...
Forex-Metal Weekly Analysis
Market review for 12 – 16.03, 2012
AUD/USD Forecast March 19, 2012, Technical Analysis
The AUD/USD pair rose again on Friday to break above the Thursday highs we said would be our buy signal. The Aussie has enjoyed a lot of strength over the last several months, and this latest pullback...
AUDUSD Analysis – March 17, 2012
AUDUSD is now in downtrend from 1.0855, and the fall extended to as low as 1.0421. Further decline is still possible after a minor consolidation, and next target would be at 1.0200 area. Resistance is at 1.0670,...
AUD/USD Forecast March 16, 2012, Technical Analysis
The AUD/USD pair bounced from the start of the 1.04 level on Thursday, overtaking the losses from the Wednesday session. The pair also bounced from the 38.2 Fibonacci level, and this bodes well for the bulls at...
Forex-Metal Daily Analysis -15/03/2012
The U.S. dollar strengthened after the FOMC’s decision on interest rate.