Trading Forex Online with Easy Forex 11/07/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar gave back some of its gains as the U.S. employment data results were not decisive enough to push it past key technical barriers, thus its inability to do so led to a bout of… 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 08/07/2005
July 8, 2005Trading Forex Online with Easy Forex 08/07/05 (06:00 GMT) FOREX – Australian Dollar Market Summary Dollar managed to recover after its initial plunge following the shock terror strikes in the heart of London. After a few details were confirmed and market had some time to digest the news, Dollar selling… read more
Australian FOREX Daily Outlook 07/07/2005
July 7, 2005Trading Forex Online with Easy Forex 07/07/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar’s direction was a bit mixed after conflicting data results which saw ISM Services index rise more than expectations with the employment sub index showing a healthy increase. However, this was offset by sharp rise… read more
Australian FOREX Daily Outlook 06/07/2005
July 6, 2005Trading Forex Online with Easy Forex 06/07/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar remains well bid with positive sentiment behind it but its gains stabilized on mild profit taking as its recent rally has seen it increasing too much in too quick a time period. Also with… read more
Australian FOREX Daily Outlook 05/07/2005
July 5, 2005Trading Forex Online with Easy Forex 05/07/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar after zooming higher in early Asian trading on Monday stabilized and was confined to narrow movements for the rest of the day with holiday in the U.S. leading to thin trading. Sentiment remains in… read more
Australian FOREX Daily Outlook 04/07/2005
July 4, 2005Trading Forex Online with Easy Forex 04/07/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied across the board and it finally decisively broke key technical barriers, after threatening to do so for weeks. The major catalyst for this rally were stronger than expected numbers in the ISM Manufacturing… read more
Australian FOREX Daily Outlook 01/07/2005
July 1, 2005Trading Forex Online with Easy Forex 01/07/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar ended largely unchanged against the Euro and the commodity bloc but rallied against the Pound and the Yen, from the day before as the stream of data releases and events had a neutral effect… read more
Australian FOREX Daily Outlook 30/06/2005
June 30, 2005Trading Forex Online with Easy Forex 30/06/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied across the board before stabilizing and giving back some of its gains as it approached key technical barriers while yesterday’s volatile movements are likely to be a precursor for today with key data… read more
Australian FOREX Daily Outlook 29/06/2005
June 29, 2005Trading Forex Online with Easy Forex 29/06/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar remained well bid as Consumer Confidence went to a 3 year high while Oil prices eased back below $60 due to profit taking at such high levels ahead of U.S. inventory data released today…. read more
Australian FOREX Daily Outlook 28/06/2005
June 28, 2005Trading Forex Online with Easy Forex 28/06/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar was under mild pressure with slow movements on all majors in thin trading conditions. The slight improvement in the outlook for the Euro coupled with Oil prices refusing to ease back and marching towards… read more
