Trading Forex Online with Easy Forex 06/09/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar pared back some of its losses with U.S. markets closed, thin trading conditions led to profit taking after it had fallen further in early Asian trading. Sentiment has shifted in negative territory for the… 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 05/09/2005
September 5, 2005Trading Forex Online with Easy Forex 05/09/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar remains under pressure with sentiment turning further against it as effects of the Hurricane and its repercussions to the economy in general are grasped. Employment data was mixed as payrolls came in less than… read more
Australian FOREX Daily Oulook 02/09/2005
September 2, 2005Trading Forex Online with Easy Forex 02/09/05 (04:00 GMT) FOREX – Australian Dollar Market Summary Dollar is hitting rock bottom as bad news keeps pouring in from all sides with weakfundamentals, geo-political factors, natural disasters, break of key technical barriers coupled better data from other regions all combining to shift… read more
Australian FOREX Daily Oulook 01/09/2005
September 1, 2005Trading Forex Online with Easy Forex 01/09/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar crashed across the board after a shocking result in the Chicago PMI outcome which at 49.7 has come in contractionary territory for the first time in more than two years. The extent of weakness… read more
Australian FOREX Daily Oulook 31/08/2005
August 31, 2005Trading Forex Online with Easy Forex 31/08/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar was boosted by better than expected data as Consumer confidence inched higher in spite of record high oil prices as the robust employment sector is making up for the price increases. More consumers were… read more
Australian FOREX Daily Oulook 30/08/2005
August 30, 2005Trading Forex Online with Easy Forex 30/08/05 (04:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied across the board with its movements taking cue from Hurricane Katrina which after causing immense damage has calmed down and its risk level has been downgraded this subsequently led to easing of oil… read more
Australian FOREX Daily Oulook 29/08/2005
August 29, 2005Trading Forex Online with Easy Forex 29/08/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar has fallen in early Monday trading as oil prices have skyrocketed past $70 pb due to Hurricane Katrina shutting down U.S. oil production off the coast of Mexico. Earlier on Friday it managed to… read more
Australian FOREX Daily Oulook 26/08/2005
August 26, 2005Trading Forex Online with Easy Forex 26/08/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar stabilized after falling earlier on oil related concerns as continuation of prices at such current high levels leads to further examination of the dependence of the economy on Oil and the severe ramifications of… read more
Australian FOREX Daily Oulook 25/08/2005
August 25, 2005Trading Forex Online with Easy Forex 25/08/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar slipped back and pared all its early intra day gains yesterday after a shockingly poor Durable Goods orders outcome. The new orders figure was the weakest in more than a year which caught many,… read more
Australian FOREX Daily Oulook 24/08/2005
August 24, 2005Trading Forex Online with Easy Forex 24/08/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained firm and gained further after earlier being locked in narrow range bound movements on most majors as thin August trading conditions coupled with data releases on expected lines and strong technical barriers are… read more
