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Daily March Australian Dollar – Pattern, Price & Time Analysis – January 27, 2012

In Chicago Mercantile Exchange | by FX Market Commentary
Jan 27, 2012

The March Australian Dollar reversed course overnight and is now in a position to test Thursday’s
high at 1.0628. Yesterday the market broke slightly after trading this level, but this was most
likely profit-taking rather than fresh shorting….

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RANsquawk DAILY US OPENING NEWS – 27/01/12

In Chicago Mercantile Exchange | by FX Market Commentary
Jan 27, 2012

• Euribor trading lower as the pace declines in the daily fixes continue to narrow• EU’s Rehn has
said a deal on Greece is very close; IIF’s Dallara and Greek PM Papademos are to meet again at
1630GMT • Market awaits advanced reading of Q4 US…

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US FX

In Chicago Mercantile Exchange | by FX Market Commentary
Jan 27, 2012

The appetite for risk is rising selectively going into the US open. The yen is surging for a second
day, recouping all of the losses made earlier this week….

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