Forexpros Daily Analysis Nov. 18, 2009 — Fundamental Analysis, UK The UK National Statistics Bureau will publish the monthly Retail Sales measurement Tomorrow (Nov 19). Retail Sales are a measurement of all goods sold by retailers based...
USD/JPY Open 89.25 High 89.50 Low 88.77 Close 89.23After breaking down the 89.40 support level, Dollar/Yen continued its bearish movement on Tuesday, reaching a bottom at 88.77 and closing the day at 89.23. Our expectations are for...
USD/JPY: The Yen has lost ground to every other currency in the G-10 except the Dollar, since March of 2009. The BOJ has always favored a weak currency as it supports their large export business which accounts...
The Dollar gained little ground today as it advanced versus its G-10 rivals. DXY support at 74.90 held firmly again today as the index gained before closing at the 75.303 handle. The EUR was pushed lower as...
by Johan Kriek (
[email protected]) Just a quick observation from my side of the universe. Remember the huge falling wedge on the Dollar Index daily chart?
GBP/USD Open 1.6813 High 1.6868 Low 1.6757 Close 1.6810 On Tuesday Pound/Dollar traded hesitantly, reaching a top at 1.6868, than dropping down to the 1.6757, closing the day at 1.6810. Our expectations remain bullish in the short...
Comments by Fed Chairman Ben Bernanke surprised many investors as he joined the rallying cry for a stronger Dollar, which may lead to strength for the USD in the days ahead. On the other hand, the USD...
USD The US Dollar continued its rebound started Monday on the heels of Federal Reserve Chairman Ben Bernanke’s comments. The Dollar also was helped by a profit taking selloff in stocks, oil and gold – all which...
EUR/USD Open 1.4877 High 1.4996 Low 1.4812 Close 1.4874 On Tuesday Euro/Dollar declined from the 1.4996 top to the 1.4812 bottom, closing the day at 1.4980. The downward channel, which was broken upwards on Monday the daily...
USD/JPY Open 89.01 High 89.70 Low 88.77 Close 89.04 On Monday Dollar/Yen continued its downward movement, reaching depths of 88.77, closing the day at 89.04. Signals are expected to continue the decreasing momentum with technical objectives towards...
