The U.S. dollar continues to slide on almost all fronts. As a result, during the past week the euro reached a 5-month high against the dollar and the Japanese yen saw a 15-year high vs. the greenback....
Market Review – 08/10/2010 20:53 GMTDollar falls to a fresh 15-year low versus yen on disappointing U.S. jobs reportThe greenback dropped below 82.00 to a fresh 15-year low against the Japanese yen on Friday, as very weak...
Being supported by the trend line from 1.0138 to 1.0107, USDCAD rebounded from 1.0062, suggesting that a cycle bottom is being formed on daily chart, key resistance is at 1.0235, a break above this level will confirm...
USDCHF continues its bearish movement from 1.1730 and the fall extended to as low as 0.9555 level. Further decline is still possible next week and next target would be at 0.9400 area. Resistance is at 0.9845, as...
USDJPY’s downward move from 94.98 extended to as low as 81.72 level. Deeper decline towards 79.75 (1995 low) could be seen next week. Resistance is at the falling trend line from 94.98 to 85.92, as long as...
AUDUSD remains in uptrend from 0.8771 and the rise extended to as high as 0.9916 level. Support is at 0.9540, as long as this level holds, uptrend is expected to continue and next target would be at...
GBPUSD broke above 1.5997 previous high resistance, suggesting that the uptrend from 1.4230 has resumed. Further rise is still possible next week and next target would be at 1.6200-1.6300 area.
EURUSD remains in uptrend and the rise from 1.2587 extended to as high as 1.4029 level. Upward movement is expected to continue next week and next target would be at 1.4300 area. Support is at 1.3635, only...
The sterling and the euro have reached important highs against the greenback. Asian and European trading sessions: Euro: The EUR/USD pair has breached the psychologically significant 1.40 mark. According to the expectations, the ECB left the principal...
On 4-hour graph the AUD/USD has successfully broken through the resistance level of 0.9850 reaching the new historical maximum at 0.9917 moving down slightly afterwards. Nevertheless, the analysts of large banks recommend buying the Australian dollar in...
