GFM Research

Market CommentaryThe US Dollar momentum seems to ease off after the Dollar Index (DX) hits the interim resistance of 81.60 ranges to currently trade at 81.35; further appreciation in the USD is...

Market CommentaryThe Dollar Index (DX) is trading consistently above the interim resistance of 81.00 ranges to currently trade at 81.35 after finding support at the historic support of 79.00 ranges....

Market CommentaryWith the Dollar Index (DX) is approaching the short term resistance of 81.00 ranges to currently trade at 80.55 after finding support at 79.00 ranges; further appreciation of DX can...

Market CommentaryThe Dollar Index (DX) is trading near the short term resistance of 81.00 ranges to currently trade at 80.60 after finding support at 79.00 ranges; further appreciation of DX can be...

Market CommentaryThe Dollar Index (DX) again finds support at the historic support of 79.00 ranges on the event of Fed indicating that it may start tapering of bond buying sooner or later. The Euro is...

Market CommentaryThe Dollar Index (DX) is trading flat at 79.40 ahead of Federal Reserve's two day policy meeting. Historic support of 78.80-79.00 ranges is still acting as support; further weakness...

Market CommentaryWeaker the expected economic data is increasing bets towards continuing stimulus by the Fed, pushed the Dollar Index (DX) towards the historic support of 79.00 ranges. DX is hovering...

Market CommentaryThe Dollar Index (DX) is just hanging around at historic support of 78.80-79.00 to currently trade at 79.26. Further weakness can be expected on breach of 78.80 ranges wherein DX...

Market CommentaryRelief rally was observed yesterday in the US Dollar during most of the European session; but the medium term weakness took over pushing the Dollar Index (DX) towards the historic...

Market CommentaryAmidst stronger asset classes, the US Dollar continued depreciating across the board; the Dollar Index (DX) is approaching the historic support zone of 78.80-79.00. The medium term...

Market CommentaryThe Dollar Index (DX) is still trading in narrow range of 79.80 and 80.30 with positive bias though short term bottom would be posted only if DX closes above 81.20 on daily basis....

Market CommentaryThe Common currency and the Cable trading at historic resistances resulting in the Dollar Index (DX) is finding base at 79.70 ranges though it is still trading below the short-term...

Market CommentaryWith most of the FX majors, especially the Common currency and the Cable trading at historic resistances, the Dollar Index (DX) is finding base at 79.70 ranges though it is still...

Market CommentaryThe Dollar Index (DX) is trading consistently below the critical support of 81.00 ranges though the Common currency and the Cable are trading near their respective historic resistance...

Market CommentaryThe Dollar Index (DX) is still trading below the short-term resistance of 81.20 to currently trade at 80.45 ranges though 80.00 ranges is posting decent support. The medium term trend...