GFM Research

Market CommentaryMost of the FX majors are traded flat especially the Common Currency and the Cable. The Dollar Index (DX) approaching medium term support of 79.00 ranges, daily close below 78.80...

Market CommentaryThe Dollar Index (DX) approaching medium term support of 79.00 ranges, daily close below 78.80 would result in extension of medium term weakness. Now that EURUSD has broken above the...

Market CommentaryThe Dollar Index (DX) is trading flat at 79.80 ranges with 79.00 ranges acting as critical support. Now that EURUSD has broken above the critical resistance of 1.3800 ranges and is...

Market CommentaryThe Dollar Index (DX) is finding support again at the short term support of 79.70 ranges on the event of the DX heavy weight Euro finding resistance at the historic resistance of...

Market CommentaryThe US Dollar depreciated across the board especially against the Euro and the GBP. The Euro is trading near the historic resistance of 1.3820 ranges; daily close above 1.3850 ranges...

USDCAD latter Feb risk through critical 1.1240 for 1.1335 and 1.1420 Fibo targets Despite a head fake type move on Friday, after the anticipated push through 1.1125/35 targets, we still see a...

Market CommentaryThe US Dollar is trading flat against most of the FX majors; the Euro and the Aussie are trading near their historic resistances with 1.3820 ranges and 0.9100 ranges acting as supply...

Market CommentaryMost of the FX majors are trading near their historic resistances especially the Euro and the Aussie with 1.3820 ranges and 0.9100 ranges acting as supply zone respectively. The...

Market CommentaryThe Dollar Index (DX) is again approaching the short support of 80.40 ranges with the short term trend is still range bound between 80.20 and 81.50. Only daily close above 81.60 would...

Market CommentaryThe Euro is trading firm after finding support at 1.3500 ranges, enabling the Dollar Index (DX) to again find resistance at the short term resistance of 81.50 ranges with 80.20 ranges...

Market CommentaryDollar Index (DX) is finding resistance at the short term resistance of 81.50 ranges with 80.20 ranges acting as intermediate support; the short term trend is still range bound...

Market CommentaryDollar Index (DX) after finding resistance at the short term resistance of 81.50 ranges is heading towards the critical support of 79.80 ranges with 80.20 ranges acting as...

Market CommentaryDollar Index (DX) is finding resistance at 81.50 ranges which short term immediate resistance. DX on daily close above 81.60 would post medium term bottom, reinitiating the medium...

Market CommentaryDollar Index (DX) is trading firm after finding support at 80.60 with 81.50 ranges acting as immediate resistance. DX on daily close above 81.60 would post medium term bottom,...

Market CommentaryDollar Index (DX) finds support at intermittent of 80.60 to currently trade at 80.90 ranges with 81.50 ranges acting as immediate resistance. DX on daily close above 81.60 would post...

Market CommentaryDollar Index (DX) is trading flat at 81.00 ranges with 81.50 ranges acting as immediate resistance. DX on daily close above 81.60 would post medium term bottom, reinitiating the...