Daily Pivots: (S1) 0.9992; (P) 1.0020; (R1) 1.0044; More . No change in USD/CAD's outlook as the paid is stil bounded in tight range above 0.9974. Further decline is still in favor as long as 1.0069 minor resistance holds. Though,
Daily Pivots: (S1) 1.0071; (P) 1.0129; (R1) 1.0230; More USD/CHF's rebound extends further as expected as touches 4 hours 55 EMA now. Further upside could still be seen but rebound from 1.0010 is still expected to be limited below 1.0250
EUR/USD closed lower on Wednesday as it extends last week's decline. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing are needed to confirm that a short-term
Daily Pivots: (S1) 1.9933; (P) 2.0015; (R1) 2.0071; More No change in cable's outlook as pull back from 2.0158 is still in progress. Further fall could be seen to 4 hours 55 EMA (now at 1.9906). But downside is expected
Daily Pivots: (S1) 1.5768; (P) 1.5858; (R1) 1.5915; More EUR/USD is drawing support from 4 hours 55 EMA but after all, further pull back could still be seen as long as 1.5949 minor resistance holds. But another rise is still
EURUSD Extended gains from 1.5611, 07 Jul low, clearing 1.5910, 03 July top, to reach 1.5972 initially, with subsequent dip to 1.5841 setting up an extension through April's 1.6020 high, to post a new all time high at 1.6040 on
Daily Pivots: (S1) 165.51; (P) 166.18; (R1) 167.04; More . EUR/JPY's fall from 169.66 was supported by mentioned 165.50 cluster support (23.6% retracement of 151.71 to 169.66 at 165.42, 38.2% retracement of 158.60 to 169.66 at 165.43) and rebounds strongly
Daily Pivots: (S1) 1.0071; (P) 1.0129; (R1) 1.0230; More USD/CHF's rebound from 1.0010 continues today and at this point, further rise could still be still to 4 hours 55 EMA (now at 1.0196). But upside should be limited well below
Daily Pivots: (S1) 104.19; (P) 104.69; (R1) 105.62; More . USD/JPY's rebound from 103.76 extends further as expected and could continue higher to 4 hours 55 EMA (now at 105.98). Though, upside is still expected to be limited well below
The greenback is still under pressure from the negative sentiment currently in the markets as investors feel that the financial market crisis will continue to weigh down the U.S economy as their confidence continues to deteriorate. Ahead of U.S housing
The Usd rose in the European session due to better than expected financial earnings and solid economic data. The EurUsd Is trading lower from this week's high of 1.60 at 1.58, while UsdJpy moved higher to 105 based on dollar
The USD was broadly unchanged against the majors in the London session as the lack of any noteworthy economic events likely has the market squarely focused on US earnings and housing data out in the NY morning. Bank earnings out
USD-CHF @ 1.0198/202.... Continues to remain mixed. R: 1.0250-60 / 1.0300 / 1.0350 S: 1.0150 / 1.0110 / 1.0060 The rise in the pair during the day has bought Swissy close to the Resistance at 1.0200. For the day now,
Financial-markets conditions will continue to dominate near-term currency sentiment and dollar moves. The dollar weakened to lows near 1.5950 against the Euro on Wednesday, but the Euro struggled to regain any momentum and the US currency stabilised close to 1.59
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