Forexpros.com Daily Analysis – 17/11/2009
Forexpros Daily Analysis Nov. 17, 2009 Fundamental Analysis, Australia • Tuesday: Reserve Bank’s Board November Minutes (Text Report). • Wednesday: Westpac Leading Index (Previous 1.1%, Expected N/A).
Category: Daily Forex Reports
Gold Makes Huge Gains by GoLearn Forex
The DJIA completed the Global Equity Market rally today currently ahead 140 points to 10,410. The rally during the Asian and London session got underway as the Asia Pacific Economic Cooperation group universally agreed to maintain and...
Analysis of All Currencies “Down Under” by GoLearn Forex
AUD/USD:The Aussie continues to strengthen against the Greenback and is now retesting short term resistance at .9343. The Aussie completed the top portion of a double top (as depicted on the Chart by the 2 white boxes)...
GBP/USD 1.6821 – 17 November 2009
GBP/USD Open 1.6834 High 1.6868 Low 1.6672 Close 1.6817 Pound/Dollar continued its bullish movement on Monday, climbing up to the 1.6868 top, closing the day at 1.6817. We expect the bulls to remain dominating with targets towards...
EUR/USD 1.4870 – 17 November 2009
EUR/USD Open 1.4982 High 1.5015 Low 1.4903 Close 1.4970 Euro/Dollar traded hesitantly on Monday, still caught within the 1.4514 – 1.5045 range, as seen on the 3 hour chart. The double peak formation from last week, as...
U.S. Producer Price Index (PPI) to Be the Driver of USD Trading Today
The Producer Price Index (PPI) is expected to be the main driver of USD trading for Tuesday. The other major releases from the U.S. that forex traders are advised to follow are the TIC Long-Term Purchases, Core...
Daily Forex Analysis by Finexo.com 17/11/2009
USD The dollar fell across the board on Monday although it recovered some after the US Federal Reserve Chairman, Ben Bernanke, commented that the Fed was keeping its eye on the fluctuation in the Dollar soothing...
Forexpros.com Daily Analysis – 16/11/2009
Forexpros Daily Analysis Nov. 16, 2009 Fundamental Analysis, Canada • Monday: Manufacturing Sales MoM (Previous -2.1%, Expected 1.6%) • Wednesday: CPI MoM (Previous 0.0%, Expected 0.1%) & YoY (Previous -0.9%, Expected 0.3%). Core CPI MoM (Previous 0.3%,...
EUR Struggles to Break 1.50 Handle by GoLearnForex
EUR/USD: The EUR continues to struggle to break the 1.50 handle. Last week, the EUR on a daily chart, completed the formation of a double top just above resistance at 1.50 [shown in the red boxes in...
Dollar Ends Mixed Across G-10 Commodity Currencies by GoLearnForex
The Dollar ended the week mixed across the G-10 with commodity currencies advancing while the remaining G-10 currencies suffered minor losses. Global Equity Markets finished the week in positive territory although Futures are pointing towards a slightly...