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USDCHF: Seeks For Further Strength

posted by forexben 790 days ago in USD, CHF, Technical made popular 790 days ago

USDCHF: Although the pair closed marginally higher the past week following through on its previous week gains, as long as the 1.0506 level, its Dec 17’10 high is not broken, risk remains to the upside towards its Mar 25’10 high at 1.0749.

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LovingForex Signals - Mar-29, 2010 - 2:00 AM GMT

posted by forexben 790 days ago in USD, JPY, Technical

Free Signals USD/JPY Member Signals USD/JPY
Updated at: Mar-29, 2010 - 2:00 AM (GMT)

Buy around 92.68 (+/- 5 pips).
TP LV1 +30 pips LV2 +50 pips.
Set SL -40 pips.

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All Eyes On The EURO

posted by forexben 793 days ago in USD, Technical, Daily made popular 793 days ago

U.S. Dollar Trading (USD) ended the day with further gains but first came under pressure during the European session on news that the EU had come to an agreement on a EU/IMF bailout of Greece if necessary. Weekly Jobless Claims were are at 442k v

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Deflation Continues In Japan

posted by forexben 794 days ago in USD, Fundamental, Daily made popular 794 days ago

Japan's core CPI rate has declined for 11 straight months. The core CPI declined by 1.3% in January. The decline in January CPI confirms that deflationary pressures continue in Japan. The Bank of Japan (BOJ) has been under intense pressure from t

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Accelerating Growth In New Zealand

posted by forexben 794 days ago in USD, Fundamental, Daily made popular 794 days ago

New Zealand economy grew at the fastest pace in two years in the fourth quarter of last year, as consumer spending that account for 60% of the GDP, inclined, while the housing sector continued to show improvements and manufacturing output increas

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Common Currency Catches Common Cold

posted by forexben 794 days ago in USD, Technical, Daily made popular 794 days ago

EUR/USD - Even after what appeared to be pretty positive fundamental reports out of the Euro area earlier today the common currency could not hold up against the Dollar. German Ifo Business climate shot up to 98.1 and the Euro dropped.

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U.S. New Homes Sales Fell to a New Record Low in February

posted by forexben 794 days ago in USD, Fundamental, Daily made popular 794 days ago

New home sales in the United States followed up the record-breaking low of 315,000 annualized units (revised up from 309,000) seen in January with a 2.2% monthly decline to 308,000 annualized units in February.

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Eur/$ and $/Yen, Couple of Quick Notes

posted by forexben 794 days ago in USD, JPY, Technical made popular 794 days ago

[1400/1000] $/yen in has broken above the 91.00 area resistance, but into the important longer term resistance 92.00/50 (ceiling of the longer term falling wedge).

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Eurozone Worries Maintain Bid to Global Bonds

posted by forexben 795 days ago in USD, Fundamental, Daily

The ongoing struggle between the government of Greece and its European friends is playing a hearty role in depressing bond yields around the world. The longer the discord continues, the longer it will maintain an emphasis on how much of a bind th

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LovingForex Signals - Mar-24, 2010 - 2:00 AM GMT

posted by forexben 795 days ago in USD, EUR, JPY

Free Signals EUR/USD Member Signals EUR/USD Updated at: Mar-24, 2010 - 2:00 AM (GMT) Sell around 1.3468 (+/- 5 pips). TP LV1 +30 pips LV2 +50 pips. Set SL -40 pips.

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USD Pares Gains as Stocks Rally

posted by forexben 795 days ago in USD, Fundamental, Daily made popular 795 days ago

The USD traded higher Tuesday supported by worries that the EU will not agree on a plan to aid Greece and the increased threat of SNB intervention as EUR/CHF cross trades at a 10 year low. Ahead of the EU summit scheduled for March 25th and 26th

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Dollar at an Impasse Amid Growing Eurozone Angst

posted by forexben 795 days ago in USD, Fundamental, Daily

The U.S. dollar is once again in the driver's seat as speculation grows that European Union ministers will fail to devise an agreement over a financial aid package on behalf of Greece at this week's European summit.

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