Trading Forex Online with Easy Forex 15/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar had a similar price effect to the day before but this time it rallied after other majors failed to break through key resistance barriers against the dollar in spite of very weak U.S. data…. 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 Outlook 14/06/2005
June 14, 2005Trading Forex Online with Easy Forex 14/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar had a see saw effect on a thin trading day and its inability to break below key support barriers against European currencies led to it retracing its gains and end the day around the… read more
Australian FOREX Daily Outlook 13/06/2005
June 13, 2005Trading Forex Online with Easy Forex 13/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar stormed ahead as the Trade Deficit outcome came below forecasts while the previous month’s figure was slightly revised down as even though imports remain high as ever, exports are keeping pace with it. Thus… read more
Australian FOREX Daily Outlook 10/06/2005
June 10, 2005Trading Forex Online with Easy Forex 10/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained steadfast and rallied across the board as the market was relieved that Greenspan didn’t pull the curtains down on rate hikes and at the same time stated that the economy was on a… read more
Australian FOREX Daily Outlook 09/06/2005
June 9, 2005Trading Forex Online with Easy Forex 09/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied mostly against European currencies due to technical factors and upside surprise in the data outcome. Wholesale Sales had its largest gain in 13 months while Inventories jumped higher which is likely to lead… read more
Australian FOREX Daily Outlook 08/06/2005
June 8, 2005Trading Forex Online with Easy Forex 08/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained under mild pressure and weakened against high yield currencies as Greenspan hinted that the Fed might soon pause on rates and unlike expectations in many quarters he did not refute Fisher’s claims that… read more
Australian FOREX Daily Outlook 07/06/2005
June 7, 2005Trading Forex Online with Easy Forex 07/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar gave back some of its recent gains as poor payrolls outcome last week and uncertainty surrounding the Trade deficit result on Friday coupled with the assertion in many quarters that the Dollar’s recent gains… read more
Australian FOREX Daily Outlook 06/06/2005
June 6, 2005Trading Forex Online with Easy Forex 06/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar strengthened in spite of a very poor Payrolls outcome as the uncertainty pertaining to the mere existence of the Euro is too important & strong to shift attention to mixed U.S. data. Unemployment rate… read more
Australian FOREX Daily Outlook 03/06/2005
June 3, 2005Trading Forex Online with Easy Forex 03/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained largely unchanged as it is Payrolls showdown time again and while the outcome is not expected to be as robust as the previous month still a healthy result of around 175K is expected…. read more
FOREX Trading Australia Daily Outlook 01/06/2005
June 1, 200501/06/05 (04:00 GMT) FOREX Trading Australia – Market Summary Dollar remained well bid and its gains stabilized after the rally across the board in the Asian session. The only chink in the Dollar’s armour at the moment is the recent softness seen in the manufacturing sector. Chicago PMI came in… read more
