A Fractal View of the USDCAD
USDCAD – 4 hour The 4 hour chart shows the recent drop in the USDCAD, touching the October lows today. The drop over the past 2 weeks has been swift with no significant countertrend pullbacks until yesterday’s...
Category: Daily Forex Reports
Economic Policies In Question
The broad marketplace proved that it is part of a confidence game that is living on a razor’s edge. The USD continued to gain versus the EUR and GBP on Tuesday as it was hinted that the...
USD/CAD Analysis
Hello. Let’s take a look at the USD/CAD. We see USD/CAD flirting with the parity line. Look for the pair to potentially break free and climb back upwards to test the 1.04000 area and above. Good luck...
Dollar Rally Sinks Commodities
The US dollar strengthened considerably yesterday moving past stops during the New York trading session and dragging commodity prices lower after gold and crude oil reached new highs.
Daily FX Market Outlook-10-11-2010 by AceTrader
Market Review – 09/11/2010 22:59 GMT Dollar surges broadly on risk aversion and rise in Treasury yields The greenback rose strongly against major currencies on Tuesday as investors became cautious ahead of G-20 meeting on Thursday and...
The candlestick analysis of the EUR/GBP for 09/11/2010
The EUR/GBP has successfully broken through the support level of 0.8626 and presently is declining.Earlier at daily graph the EUR/GBP formed the combination of candlesticks Bearish Engulfing, which indicates the downside motion.
Forex-Metal Market review for 1 – 5. 11, 2010
Most of the previous week saw the high-risk assets’ growth and the greenback was demonstrating a decreasing dynamics. On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and fell to $1.3950.
Forexpros.com Daily Analysis – 09/11/2010
ForexPros Daily Analysis November 09, 2010 Euro, Pound Pulling Back to Next Long Setup. Yen Still in Short Technically we are still in long setups. We are pulling back to the next long, ready for the next...
Daily technical analysis
USD/CAD:For the last few weeks, the pair is navigating and doesn’t have any specific trend. A vain breach occurred during the session of 08-11-2010 and today’s session is likely to be closed above it… CAD/JPY: Actually, the...
USD/CHF Outlook
Greetings. Pulling up the USD/CHF hourly chart, we see the upward will potentially continue. It seems we’re in a potential Zig Zag (ZZ) corrective movement and have just completed the 2nd wave.