Trading Forex Online with Easy Forex 08/08/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar bulls got the payrolls outcome they were hoping for but in the current environment of sentiment mixed and slightly against the Greenback, its gains were short lived with all majors ending the day around… 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 05/08/2005
August 5, 2005Trading Forex Online with Easy Forex 05/08/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar remains on the backfoot and hoping for a fresh lease of life from the Payrolls outcome. With technical factors against it and momentum shifting away from it, a robust outcome of at least 200… read more
Australian FOREX Daily Oulook 04/08/2005
August 4, 2005Trading Forex Online with Easy Forex 04/08/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar is in deep doldrums after pivot technical barriers were broken on all majors led by the Euro and others followed suit with Dollar’s losses accelerating. Also continuous chatter of Central Banks reducing their Dollar… read more
Australian FOREX Daily Oulook 03/08/2005
August 3, 2005Trading Forex Online with Easy Forex 03/08/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar after yet another session of decline early on, managed to pare back all its losses by close thanks to yet another bout of robust data outcomes. Personal Income came in higher than expected while… read more
Australian FOREX Daily Oulook 02/08/2005
August 2, 2005Trading Forex Online with Easy Forex 02/08/05 (01:00 GMT) FOREX – Australian Dollar Market Summary Dollar fell across the board but once again strong data from its side helped it stabilized and pare back some of its losses. Its decline was the combination of the continuation of solid real money… read more
Australian FOREX Daily Oulook 01/08/2005
August 1, 2005Trading Forex Online with Easy Forex 01/08/05 (00:00 GMT) FOREX – Australian Dollar Market Summary Dollar declined after the Q2 GDP came in slightly below expectations but it pared back half its losses following a robust Chicago PMI outcome. Also weighing in against the Greenback was the decline in personal… read more
Australian FOREX Daily Oulook 29/07/2005
July 29, 2005Trading Forex Online with Easy Forex 29/07/05 (04:00 GMT) FOREX – Australian Dollar Market Summary Dollar slipped across the board as the market continued to take profits on the anticipation of a slightly weaker Q2 GDP outcome and decline in consumption. However the economy has shifted gear and gathered pace… read more
Australian FOREX Daily Oulook 28/07/2005
July 28, 2005Trading Forex Online with Easy Forex 28/07/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar, in spite of yet another day of robust data, gave back its gains on the combination of its failure to break key barriers on most majors and the market looking to adopt a neutral… read more
Australian FOREX Daily Oulook 27/07/2005
July 27, 2005Trading Forex Online with Easy Forex 27/07/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar held firm and gained further as the market changed track after the Chinese Central Bank dismissed any talk of their modest revaluation move being a precursor to more aggressive moves, at least not in… read more
Australian FOREX Daily Oulook 26/07/2005
July 26, 2005Trading Forex Online with Easy Forex 26/07/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained a bit directionless but well bid at the same time with sentiment still in its corner and data outcomes eyed for further direction. Going by the ‘bird in hand is better than two… read more
