Forex daily analysis 19-10-2010
USD/CAD: An important support at 1.0163 was crossed downward a few days ago. We can identify a small breach of the support during last session but it was only a test. AUD/CAD: The pair crossed a very...
Category: Daily Forex Reports
Respecting the Moving Averages
EURJPY The beginning of a downtrend appears to be forming in the EURJPY, with the first confirmation of lower highs and lower lows. Prices bounced off the 200 EMA on the 4 hour chart, but are unlikely...
Future Fed QE Move has USD Traders Cautious
With a week relatively light on US data, investor eyes will be squarely zeroed in on Federal Reserve speakers. The Fed could offer clues about a possible plan to stimulate the US economy through a fresh round...
Daily FX Market Outlook-19-10-2010 by AceTrader
Market Review – 18/10/2010 23:01 GMTDollar strengthens against euro after Geithner’s comments The greenback rose against euro in late NY trading session on Monday, as U.S. Treasury Secretary Timothy Geithner said U.S. would not engage in devaluing...
Daily FX Market Outlook-18-10-2010 by AceTrader
Market Review – 15/10/2010 20:57 GMTEuro tumbles from a near 9-month high against dollar on heavy profit-takingThe single currency tumbled from a near 9-month high against dollar on Friday due to heavy profit-taking as technical indicators signalled...
Forex daily analysis 18-10-2010
NZD/USD: The pair reached an important resistance of 0.7642 after several weeks of a clear uptrend.GBP/USD: A second test of the resistance level of 1.6001 happened during the last trading session. This second test confirmed the strength...
Forex weekly analysis: 18-10-2010
EUR/USD Daily graph:
Candlestick analysis of the USD/SEK for 15/10/2010
The USD/SEK currency pair turns back slightly after refreshment of a new annual minimum. The view on the currency pair remains bearish, as the USD/SEK continues trading in a downward trend.
USD – Manipulation, But From Who?
The song has remained the same the past two trading days. The USD continues to show weakness and face stiff tests from the other major currencies as the greenback essentially has been put under pressure (apparently willfully)...
EUR – Single Currency Sustains Momentum
The EUR has sustained its pace against the USD and it has done this even as economic data from Europe continues to turn in lackluster results. Even as some nations within the continent have been rocked by...