NZD/USD: The uptrend started a few weeks ago is clearly observable. However, there is a technical correction started about 5 sessions ago.USD/CHF: Friday’s session saw the pair to clearly cross the resistance of 0.9781 and to...
The USD has been able to hold onto its gains made late last week as it has kept the EUR under pressure and shown the ability to have some staying power against the GBP and JPY. Broad...
The EUR has continued to face a reemerging gauntlet of negative sentiment based on debt issues faced by member nations within the European Union. Ireland continues to have fingers pointed at it regarding it banks and debt....
The Sterling has not done poorly the past week taking into consideration the fall that its nearby counterpart, the EUR, has suffered against the USD. While the GBP has lost some value it has maintained some stability...
Both the JPY and AUD have proven ripe for picking the past few sessions. With the renewed strength of the USD sweeping through and the price of commodities finding some downside pressure both the JPY and AUD...
US Dollar strength continues into the new week of trading as events surrounding Ireland and Greece push FX traders into safe-haven positions on the greenback.
Market Review – 15/11/2010 23:10 GMT Euro tanks to a 6-week low against dollar on concern over European sovereign-debtThe single currency sank to a 6-week low against dollar on Monday as worries about Irish sovereign debt prompted...
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.