The USD/CAD currency pair has strongly rebounded from the support level of 0.9980. In whole, the USD/CAD is continuing to consolidate near multi-month lows.
During the whole previous week the greenback showed considerable consolidation against the background of the weakening euro. For example, on Monday concerns over the budget deficit of Ireland pressured the euro. The additional negative influence came from...
ForexPros Daily Analysis November 15, 2010 1) Forex Trading Signal For EURUSD Forex Trend Analysis The overall trend for EURUSD this week is DOWN.
GBP/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/GBP_DAILY_151110.JPG
The euro is currently trading near a 6-week low vs. the dollar amid the Irish debt crisis. Ireland has denied speculation it was seeking an aid package before tomorrow’s meeting of European finance ministers. It was also...
Market Review – 12/11/2010 21:04 GMT Euro surges against dollar on speculation of a EU bailout plan for IrelandDespite extending recent decline to 1.3573 in European morning on Friday, the single currency finally staged a strong rebound...
Being contained by 0.9930 support, USDCAD may be forming a double bottom pattern at 0.9979 level. Bounce towards 1.0378 key resistance would more likely be seen next week, a break above this level could bring price to...
USDCHF stays in a trading range between 0.9463 and 0.9971. Sideways move in the range is expected to continue in a couple of weeks. Key support is at 0.9463, only break below this level could indicate that...
USDJPY broke above the downtrend line from 94.98 to 85.92, suggesting that a cycle bottom has been formed at 80.30 level on daily chart, and lengthier consolidation of downtrend from 94.98 is underway. Further rally is still...
AUDUSD remains in uptrend from 0.8066. As long as 0.9651 key support holds, the price action from 0.9998 is treated as consolidation of uptrend, and another rise towards 1.0500 area is still possible. However, a breakdown below...