posted by
babyblue
1393 days ago
in USD, CHF, Daily
The USDCHF had indecisive movement yesterday, formed a Doji on daily chart. As you can see on h4 chart below, the pair attempted to push higher but failed to stay consistently above 1.0922 area.
posted by
LosingGain
1394 days ago
in Fundamental, Daily
The U.S. Dollar started out strong on Wednesday and managed to hold on to its gains against all major Forex markets. Weakness in the Shanghai Composite Index overnight helped put a little fear in traders seeking better returns in higher yielding
posted by
Alice
1394 days ago
in USD, Fundamental, Daily
Most currencies started Wednesday in the loss column versus the US dollar, but rallied as the day progressed. The dollar had strengthened over the past couple of days due to ‘safe haven’ demand; but a surprisingly strong durable goods number (ex
posted by
COTwatcher
1394 days ago
in Technical, Daily
EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524.
posted by
provision
1394 days ago
in Daily
The Dollar continues to strengthen against all the major currencies. During yesterday’s session the greenback was traded near a two-week high versus the EUR. The Dollar also marked a significant uptrend against the Pound and Yen.
posted by
eddie
1394 days ago
in AUD, Fundamental, Daily
After attempting to retest the 83 cent handle in early Asian trade yesterday the Aussie dollar ran into some resistance, peeling back to settle around 0.8250 during the afternoon.
posted by
ACFX
1394 days ago
in USD, Fundamental, Daily
A further day of stock sell off in the states assisting the dollars strength yesterday during the US session, the Dow ending down 26 points, S & P down 4.47 and the NASDAQ down 7.75. The dollar also assisted by further sell off from crude giving
posted by
kim221b
1394 days ago
in Technical, Fundamental, Daily
Federal Reserve's Beige Book indicated that the pace of decline in economic activity has moderated and even begun to stabilise, and a Commerce Department report showed that the steep drop in US business investment spending appears to be bottoming
posted by
ForexPlaybook
1394 days ago
in Technical, Fundamental, Daily
Ahead of London trading, Asian markets remain mixed while European and US futures are pointing higher. Risk aversion has had a strong run over the last two trading days, though the US Dollar and Japanese Yen may have topped temporarily.
posted by
Yohay
1394 days ago
in Daily
American Unemployment Claims and British Nationwide HPI are the main dishes for today, and there are more interesting releases. Let’s see what’s up for today:
posted by
forexben
1394 days ago
in USD, Fundamental, Daily
The dollar rose on Wednesday as risk aversion increased. Global stocks dropped, led by plunging Chinese shares. The S&P 500 declined 4.47 points to 975.15. US durable goods orders fell more than expected in June due to the volatile transportation
posted by
mintchocolate
1394 days ago
in USD, CHF, Daily
The USDCHF had a significant bullish momentum yesterday, topped at 1.0906 and closed at 1.0878. The bias is bullish in nearest term but we seem to have good resistance around 1.0922 area.