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 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/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...
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...
The strongest trend in the market appears to be the bullishness of gold. Gold continues to break new records on a daily basis, and with a week packed with publications from the U.S economy entering, the main...
USD A spate of negative data on consumer confidence and trade gaps took the thunder out of a two day Dollar rally on Friday and brought the bears back to the US currency in a broad day...
USDCAD’s fall from 1.0852 extended to as low as 1.0416 level. If bearish continues next week, the fall from 1.0852 will be treated as resumption of long term downtrend, then deeper decline could be seen to re-test...
USDCHF remains in downtrend from 1.1021 and the price action from 1.0032 is treated as consolidation of downtrend. Deeper decline is still possible after consolidation and a break below 1.0032 could signal resumption of downtrend. Resistance is...
USDJPY formed a trading range between 88.01 and 92.32. Moving sideways in the range is expected and deeper decline to 88.50 is possible next week. However, rebound would more likely be seen before breaking below 88.01 previous...
AUDUSD broke above 0.9326 previous high and reached as high as 0.9368. Further rise would more likely be seen next week and next target would be at 0.9450-0.9500 area. Support is remains at the lower border of...
