AUD/USD analysis (July 13, 2011)
The pair continues to evolve in its daily range delimited by the bollinger bands. We consider that a clear break through either 1,08 or 1,04 would give us a directional bias. For the time being, we have...
Tag: AUDUSD
12th July, 2011 – Daily Forex Report by GFM Research
The US Dollar Index appreciated for fourth consecutive day on the event of on the event of profit taking in the key equity index of the Dow Jones Industrials (DJIA). The USD has appreciated homogeneously against all...
AUD/USD analysis (July 12, 2011)
The Commodity bloc currencies are finally reacting to wave of risk liquidation. The Aussie Dollar has broken down the 1,0650 support which opens the door to a new test of 1,05.
11th July, 2011 – Daily Forex Report by GFM Research
The US Dollar Index on the event of profit taking in the key equity index of the Dow Jones Industrials (DJIA). The US Dollar has traded mixed wherein it has appreciated against the Euro and the Aussie...
AUD/USD analysis (July 11, 2011)
The pair is still evolving in a daily range between 1,0450 and 1,0790. We have seen the pair rallying to the top of its range last week and we now wait for either a breakout or reversal.
AUDUSD Analysis – July 9, 2011
AUDUSD had formed a cycle bottom at 1.0390 on daily chart. The rise from 1.0390 is likely resumption of long term uptrend from 0.8066 (2010 low). Further rise to test 1.1011 previous high resistance is expected next...
Daily Market & Forex Review for July 8, 2011 by SolidityBrokers.com
Wall Street closed in green territory, as encouraging data on jobs and retail sales suggested the economy was riding out a recent rough period. The Dow Jones Industrial Average finished 93.47 points higher at 12,719.49, notching a...
AUD/USD Technical Analysis for July 8, 2011
The AUD/USD pair rose again on Thursday as the bull market continues in the Aussie. The pair looks especially strong, and on a break of Thursday’s highs, we would be buyers. However, it should be kept in...
AUD/USD analysis (July 08, 2011)
The pair has confirmed a bullish bias with a new rally on top of 1,0655 now forming a clear support. Its progress has been well capped though by the top of the daily range at 1,0790.
8th July, 2011 – Daily Forex Report by GFM Research
Euro gains of the lows of 1.4225 ranges against the US Dollar; the USD traded mixed where in it has depreciated against the Euro and the Aussie Dollar whereas it has appreciated against the Cable, the Japanese...