AUD/USD Forecast January 22, 2013, Technical Analysis
The AUD/USD pair had a slightly positive session on Monday as the 1.05 level continues to offer support. It is because of this that we are more than willing to go along at this point as we...
Category: Daily Forex Reports
Dollar Gains amid Signs of Slowdown in Global Economy
The safe-haven US dollar saw gains virtually all of its main currency rivals on Friday, as signs of a slowdown in economic growth in China, combined with disappointing British and American economic indicators encouraged risk aversion among...
AUD/JPY: Yen Maintains Dip as BOJ Easing Expectations High
Expectations that the Bank of Japan would commit to aggressive monetary policy at the end of its two-day meeting tomorrow are foreseen to continue weighing on the Yen today.
USD/JPY Forecast January 21, 2013, Technical Analysis
The USD/JPY pair managed to eke out a bit of gains during the Friday session as we closed above the 90 handle for the first time in ages. This pair looks extremely bullish, and we believe that...
USD/CAD Forecast January 21, 2013, Technical Analysis
The USD/CAD pair surged during the Friday session as we closed above the 0.99 handle for the first time in roughly 2 weeks. The markets continue to stay under parity though, and as a result we think...
GBP/USD Forecast January 21, 2013, Technical Analysis
The GBP/USD pair fell extremely hard during the session on Friday in order to test the 1.5850 level. However, we see significant support below at the 1.58 handle, and think that perhaps the downside is somewhat limited...
EUR/USD Forecast January 21, 2013, Technical Analysis
The EUR/USD pair fell during the session on Friday, but remains above the 1.33 support level in order to stay relatively bullish. The pair looks like it’s trying to continue climbing higher, and as a result we...
AUD/USD Forecast January 21, 2013, Technical Analysis
The AUD/USD pair fell during the Friday session as the market tested the bottom of the hammer from Thursday. We broke below the 1.05 level at one point in the session, but bounced back above in order...
USD/CHF: Greenback Forecast to Bounce Back on Corporate Earnings, Consumer Sentiment
The US dollar is still projected to bounce back from its current bearish price correction opposite the Swiss franc after matching an almost two-month high earlier today. Price action has fallen to as low as 0.9333 after...
US Consumer Sentiment Data May Boost Dollar
A better than expected US Unemployment Claims figure gave the USD a temporary boost yesterday afternoon, before a disappointing manufacturing indicator resulted in the greenback reversing some of its earlier gains.