Forexpros.com Daily Analysis – 08/11/2010
ForexPros Daily Analysis November 08, 2010 Forex Analysis For EUR/USD, GBPUSD and GBP/JPY 1) Forex Trading Signal For GBPJPY Forex Trend Analysis The overall trend for this pair is DOWN for the week.
Month: November 2010
Jobs data boosts Dollar
The NFP data indicated that businesses are starting to hire, providing the dollar with a much needed jump against many currencies. EURUSD The Euro fell back to support, now sitting precariously on its 2-week long rising trendline.
USD – Divergent Data, Divergent Views
The USD gained on Friday and this came on the back of a better than anticipated Non Farm Employment Change number. As much as the jobless figure typically runs the show on the first Friday of every...
EUR – How Much Longer Dollar Centric?
The EUR lost ground to the USD on Friday as the day came to a close, and it did this as some traders must have been wondering how long the EUR can trade under a dollar centric...
GBP – Plenty Of Data Tmrw For Sterling
The Sterling remains within the higher realms of its values against the USD even after it lost some ground to the greenback on Friday. The Sterling finds itself comfortably within the stronger parts of its range. The...
JPY & AUD – Gold Helps Keeps The AUD Moving
The JPY crawled to some slight loses against the USD on Friday, but it remains solidly within a sphere that it has fashioned for a long duration now – taking into the account the brief intervention attempt...
Dollar Starting Week Off With Gains on its Major Rivals
Following last Friday’s better than expected US Non-Farm Payroll’s figure, the greenback continues to make gains against its main currency rivals. The EUR/USD pair has fallen below the 1.4000 level and is continuing its decline.
Daily FX Market Outlook-8-11-2010 by AceTrader
Market Review – 05/11/2010 20:53 GMT Dollar rallies after robust U.S. jobs report The greenback rose strongly especially against yen and euro on Friday as optimism over the recovery of U.S. economy grew after release of solid...
Forex weekly analysis starting on: 08-11-2010
EUR/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/EUR_DAILY_081110.JPG
USDCAD Analysis – November 6, 2010
USDCAD is facing 0.9979 support, a break below this level could trigger another fall towards 0.9700 area. However, as long as 0.9979 support holds, one more rise towards 1.0600 is still possible.