Trading Forex Online with Easy Forex 04/10/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar has held firm after its rally in the Asian session on Monday with momentum squarely in its favour. A much better than expected result in the ISM Manufacturing index acted as an icing on… read more
Daily
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
Australian FOREX Daily Oulook 03/10/2005
October 3, 2005Trading Forex Online with Easy Forex 03/10/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar has rallied across the board breaking recent rigid technical barriers on the way in early Monday Asian session as mixed global economic conditions is making the prospect of high U.S. interest rates as a… read more
Australian FOREX Daily Oulook 30/09/2005
September 30, 2005Trading Forex Online with Easy Forex 30/09/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar managed to pare back its intra day losses but near term direction remains mixed as jobless claims came lower than forecasts, thus giving further evidence that the damage from the Hurricane to the U.S…. read more
Australian FOREX Daily Oulook 29/09/2005
September 29, 2005Trading Forex Online with Easy Forex 29/09/05 (04:00 GMT) FOREX – Australian Dollar Market Summary Dollar pared back its intra day gains as Oil prices inched higher while natural gas prices reached yet another high for the year. Some refineries could remain shut for another few weeks as repair work… read more
Australian FOREX Daily Oulook 28/09/2005
September 28, 2005Trading Forex Online with Easy Forex 28/09/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained firm in spite of Consumer Confidence plummeting to its lowest level since October 2003 while month wise it was largest amount of decline in 15 years. Scenes of destruction caused by the Hurricane… read more
Australian FOREX Daily Oulook 27/09/2005
September 27, 2005Trading Forex Online with Easy Forex 27/09/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar pared back some of its gains but remains supported as well, oil prices soared again to the surprise of many as production in the Gulf of Mexico region is still staying shut with the… read more
Australian FOREX Daily Oulook 26/09/2005
September 26, 2005Trading Forex Online with Easy Forex 26/09/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar continues to strengthen as Hurricane Rita was much kinder than Katrina with the damage very minimal compared to the previous one. Major refineries were spared of a direct impact and the sheer relief of… read more
Australian FOREX Daily Oulook 23/09/2005
September 23, 2005Trading Forex Online with Easy Forex 23/09/05 (04:00 GMT) FOREX – Australian Dollar Market Summary Dollar strengthened as Hurricane Rita weakened at least in terms of it being downgraded to Category 4 and the realization that it may actually miss the key oil refineries with oil prices having eased back… read more
Australian FOREX Daily Oulook 22/09/2005
September 22, 2005Trading Forex Online with Easy Forex 22/09/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar is slipping as nature decides to spoil its party with Hurricane Rita on its way and since the impact is not expected till the weekend, pressure is likely to remain on the Dollar till… read more
Australian FOREX Daily Oulook 21/09/2005
September 21, 2005Trading Forex Online with Easy Forex 21/09/05 (06:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied across the board on the sheer relief of the Fed raising interest rates by 25 bps as well as having a relatively hawkish tone to their accompanying statement. However the Dollar has pared… read more
