AUDUSD Analysis – Aug 16, 2008
AUDUSD is in down trend and dropped sharply from 0.9849 to 0.8591 level. Further fall to test 0.8512 (Jan 22 low) support is possible next week. Initial resistance is now at 0.8890, as long as this resistance...
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GBPUSD Analysis – Aug 16, 2008
GBPUSD is in down trend and the fall from 2.0158 extends further to as low as 1.8512 level. Deeper decline towards 1.8200 could still be seen next week. Initial resistance is now at 1.8900, as long as...
EURUSD Analysis – Aug 16, 2008
EURUSD’s down trend from 1.6038 extends to 1.4660 level. Further fall towards 1.4500 is in favor next week. Initial resistance is located at 1.4985, only rise above this level will signal consolidation to down trend.
USD Resumes Gains Over Fears Of Global Slowdown
CPI Data On Tap. The USD completed yesterday’s trading session with mixed results versus its major rival currencies. During the first half of the day, the U.S. dollar eased versus the euro and the yen after government...
Forexpros.com Daily Analysis – 14.08.08
Today’s US Dollar Trading• USD whipsaws hard• Volumes patchy• GBP falls to new lows Overnight Preview• USD likely to consolidate• Volumes likely to drop ahead of US data tomorrow Looking AheadAll times EASTERN (-5 GMT)• 8:30am USD Core CPI m/m• 8:30am USD CPI m/m• 8:30am...
Forexpros.com Daily Analysis – 13/08/08
Today’s US Dollar Trading• USD ends mixed-to-weaker• Official names selling rallies• Majors ready to rally Overnight Preview• Look for more consolidation with a lower boas Looking Ahead to WednesdayAll times EASTERN (-5 GMT)• 8:30am USD Core Retail Sales m/m• 8:30am USD Retail Sales...
USDCAD Analysis – Aug 13, 2008
USDCAD’s up trend remains and the rise from 0.9974 extended to 1.0727 level. Further rise towards 1.1000 is still possible next week. Initial support is now located at 1.0550, as long as this level holds, we’d expect...
USDCHF Analysis – Aug 13, 2008
USDCHF’s up trend remains, and the rise from 1.0010 extends to as high as 1.0924 level. Further rise towards 1.1200 level is still possible in a couple of weeks. Initial support is located at 1.0700, only fall...
USDJPY Analysis – Aug 13, 2008
USDJPY is in up trend. The fall from 110.40 is treated as consolidation to up trend. Key support is located at 107.28, as long as this support holds, we’d expect up trend to resume, and further rise...
AUDUSD Analysis – Aug 13, 2008
AUDUSD dropped sharply from 0.9849 to as low as 0.8666 level. Further fall to test 0.8512 (Jan 22 low) support is possible in next few days. Initial resistance is located at 0.8955 level, and as long as...