AUD/USD Forecast March 2, 2012, Technical Analysis
AUD/USD rose during the session on Thursday to test the 1.08 level again. The move has recaptured much of the Wednesday losses, and looks to be a build of pressure on the resistance level.
Tag: AUDUSD
2nd March, 2012 – Daily Forex Report by GFM Research
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...
Forex-Metal Daily Analysis -01/03/2012
Technical analysis for 1/03
AUD/USD Forecast March 1, 2012, Technical Analysis
The AUD/USD pair initially rose well above the 1.08 level on Wednesday as the flag we have been watching got violated. However, by the end of the session, these gains were lost and more, to form a...
Forex-Metal Daily Analysis -29/02/2012
The European Central Bank allocated 500 billion euro for the European banks. Asian and European trading sessions:
AUD/USD Forecast February 29, 2012, Technical Analysis
AUD/USD fell initially during the Tuesday session, but managed a comeback as the end of the day drew near. The resulting candle is a hammer, and it is currently pressing against the top of a bullish flag,...
28th February, 2012 – Daily Forex Report by GFM Research
With the Dollar Index consistently trading below 78.40 mark, further fall to 77.20 may be expected on daily close below 78.10 ranges.Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term. Dow consistently trading above...
Forex-Metal Weekly Analysis
Market review for 20 – 24.02, 2012
27th February, 2012 – Daily Forex Report by GFM Research
US Dollar depreciated against the common currency and the Cable while appreciating against the Japanese Yen and trading flat against the Swiss Franc; the Japanese Yen is exhibiting contrary trend to other FX majors wherein it has...
AUDUSD Analysis – February 25, 2012
AUDUSD broke below the price channel on daily chart. However, the fall from 1.0844 is likely consolidation of the uptrend from 0.9861, one more rise towards 1.1080 previous high is still possible. Key support is now at...