Candlestick analysis of the USD/SEK for 15/10/2010
The USD/SEK currency pair turns back slightly after refreshment of a new annual minimum. The view on the currency pair remains bearish, as the USD/SEK continues trading in a downward trend.
Category: Daily Forex Reports
USD – Manipulation, But From Who?
The song has remained the same the past two trading days. The USD continues to show weakness and face stiff tests from the other major currencies as the greenback essentially has been put under pressure (apparently willfully)...
EUR – Single Currency Sustains Momentum
The EUR has sustained its pace against the USD and it has done this even as economic data from Europe continues to turn in lackluster results. Even as some nations within the continent have been rocked by...
GBP – Dollar Centric And Strong
The Sterling has climbed to highs against the USD and finds itself within a historically known value. Like the EUR the GBP does have many issues that have not gone away regarding its own financial foundations, but...
JPY & AUD – Values Continue To Find Backing
Like a song that keeps playing on the radio, the JPY and AUD continue to go to highs against the USD in what has become a consistent theme. A strong JPY does Japan’s export companies no good...
Can The USD Continue to Gain Ground Today?
A tightening of monetary policy in Singapore was the main factor in the dollar dropping to record lows against several of its main currency rivals in trading yesterday. The EUR/USD pair went as high as 1.4123 before...
forex daily analysis
USD/CAD:The decrease of the currency until the support level 0.9974 anticipated in the last session truly happened. EUR/JPY:An interesting resistance stopped the trend at 114.83, suggesting a reversing trend. The reversal may create an opportunity for a...
Daily FX Market Outlook-15-10-2010 by AceTrader
Market Review – 14/10/2010 23:03 GMTDollar falls to a fresh 15-year low against yenThe greenback dropped against most major currencies on Thursday after Singapore widened and raised the trading band of the Singapore dollar. The dollar index...
The GBP/JPY candlestick analysis for October 14, 2010
The GBP/JPY rolls back after it declined to 129.00. Neverthless, it is expected that the currency pair will move down to the support level of 128.00 soon.
Forex-Metal Daily Analysis – 14/10/10
Positive Asian economic data supported the risk appetites. Asian and European trading sessions: Euro: Expectations for the release of the strong European statistics pushed the EUR/USD rate to the maximums of $1.3982. The Euro-zone industrial production indeed...