23rd May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 23, 2011 6:11 am
The Greenback strengthens across the board; U.S Dollar gained most against the Euro where as remained flat against the Aussie Dollar and the Cable; 74.40 is expected to act as critical support for Dollar Index (DXM11), only...

AUDUSD Analysis – May 21, 2011

by ForexCycle.com | May 21, 2011 3:14 am
AUDUSD is now in downtrend from 1.1011. Further fall could be expected next week, and next target would be at 1.0200-1.0300 area. Key resistance is at 1.1011, only break above this level could indicate that the long...

20th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 20, 2011 5:23 am
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...

19th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 19, 2011 6:27 am
The U.S Dollar starts trading weak again; unable to trade beyond 76.50 the Dollar Index (DX) succumbed to profit taking at 76.10 ranges to trade currently at 75.40.  Benchmark equity index of the Dow Jones Industrials (DJIA)...

Daily Market Review for 18/05/2011 by SolidityBrokers.com

by SolidityBrokers.com | May 18, 2011 7:25 am
U.S. stocks fell for a third straight session after housing data and a slashed forecast from Hewlett-Packard Co. added to fears of further economic weakness, but shares ended off the day’s lows, helped by recent strength in...

18th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 18, 2011 6:06 am
Dollar Index (DX) falls unable to trade beyond 76.50; profit taking was witnessed in the U.S Dollar across the board after the Dollar Index hit major resistance zone on 76.20-76.50 ranges to currently trade at 75.28.Benchmark equity...

17th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 17, 2011 6:45 am
Dollar looses shine after ten consecutive days appreciation; it seems that focus is increasing on the Fed’s decision about the interest rate decision.Benchmark equity index of the Dow Jones Industrials (DJIA) unable to trade beyond 12800 ranges...