Trading Forex Online with Easy Forex 27/06/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar after making impressive gains in the Asian session, slipped back after failing to sustain its momentum in spite of breaking below 1.20 against the Euro and also due to the disappointment of durable Goods… 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 24/06/2005
June 24, 2005Trading Forex Online with Easy Forex 24/06/05 (03:00 GMT) FOREX – Australian Dollar Market Summary Dollar marched ahead full steam as technical factors and positive sentiment behind it were supported by good data results. Jobless claims fell more than expected increasing hopes of a solid Payrolls result next week. Home… read more
Daily Outlook 23/06/2005
June 23, 2005Australian FOREX Daily Outlook 22/06/2005
June 22, 2005Trading Forex Online with Easy Forex 22/06/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar pared back its gains from the day before in the absence of any U.S. data with rumours of an imminent Yuan revaluation as well as dismissal of any ECB rate cut by the market… read more
Australian FOREX Daily Outlook 21/06/2005
June 21, 2005Trading Forex Online with Easy Forex 21/06/05 (00:00 GMT) FOREX – Australian Dollar Market Summary Dollar’s bid tone returned with vigor on the simple pretext of its fundamentals looking much more attractive in a short to mid term horizon compared to other currencies. The fact that last week’s growing deficits… read more
Australian FOREX Daily Outlook 20/06/2005
June 20, 2005Trading Forex Online with Easy Forex 20/06/05 (00:00 GMT) FOREX – Australian Dollar Market Summary Dollar crashed after two records were set with Oil prices going to its highest level ever and the U.S. Current Account Deficit also hit a new high. These outcomes coupled with poor data and a… read more
Australian FOREX Daily Outlook 17/06/2005
June 17, 2005Trading Forex Online with Easy Forex 17/06/05 (06:00 GMT) FOREX – Australian Dollar Market Summary Dollar eased back with a terrible result in the Philly Fed index preventing it from strengthening due to technical factors in its favour and the uncertainty around the Euro. This was the first negative reading… read more
Australian FOREX Daily Outlook 16/06/2005
June 16, 2005Trading Forex Online with Easy Forex 16/06/05 (01:00 GMT) FOREX – Australian Dollar Market Summary Dollar slipped after mixed data results which included tame inflation and a lower than estimated Capital Inflow result. The inflows have come below the Trade deficit result for the second consecutive month bringing to the… read more
Australian FOREX Daily Outlook 15/06/2005
June 15, 2005Trading 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
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
