Technical analysis of the USD/CAD for 20/10/2010
On 4-hour graph the USD/CAD currency pair continued the upside movement successfully breaking through the resistance level at 1.0190.
Category: Daily Forex Reports
ForexPros Daily News October 20, 2010
ForexPros Daily News October 20, 2010 Forex -USD/JPY moves lower, re-approaching 15-year low Forex Pros – The U.S. dollar was down against the yen on Wednesday, re-approaching a 15-year low as market focus returned to the prospect...
Volatility Part Of The LandscapeVolatility Part Of The Landscape
The USD has traded in a slightly stronger short term range the past day and a half as some investors have questioned the amount of money that the Federal Reserve will use in its quantitative easing scheme.
Forex daily analysis 20-10-2010
USD/CHF:The pair briefly stopped its long downtrend started a few weeks ago, and corrected it by about 33% until the level of 0.9757. USD/CAD:As opposed to our estimations, the uptrend didn’t stop and last session’s candle was...
Will the USD Be Able to Maintain Yesterday’s Gains?
Following yesterday’s volatile trading session, in which the US dollar gained around 300 pips against the euro, analysts are questioning whether the dollar gains were a temporary occurrence or the beginning of a larger trend. Today, news...
Daily FX Market Outlook-20-10-2010 by AceTrader
Market Review – 19/10/2010 22:58 GMTDollar rises broadly on surprise China rate hikeThe greenback gained sharply against its major counterparts on Tuesday, as Chinese surprise increase in interest rates dampened investors’ risk appetites.
GBP/JPY Elliott wave count and Fibonacci levels, October 19, 2010
This currency pair is still developing daily wave C – colored royal blue in the chart. Within this wave there’s wave C that is still developing – colored magenta in the chart. Within the latter wave C...
Forex-Metal Daily Analysis – 19/10/10
The risk appetite grew again. Asian and European trading sessions: Euro: Expectations for the release of the Euro-zone fundamentals, which should be published tomorrow, pressured the euro. According to the forecasts, the Euro-zone ZEW survey (economic sentiment)...
forex-Metal Market review for 11 – 15.10, 2010
The greenback was under serious pressure during the whole week and the EUR/USD pair has reached new maximums. On Monday the euro continued to trade around its 8-months maximums against the greenback. According to the experts’ opinion,...
Forex daily analysis 19-10-2010
USD/CAD: An important support at 1.0163 was crossed downward a few days ago. We can identify a small breach of the support during last session but it was only a test. AUD/CAD: The pair crossed a very...