Written by ForexCycle.com Being contained by the falling trend line from 1.0745 to 1.0576, USDCAD dropped again from 1.0413, suggesting that a short...
USDCAD dropped again from 1.0413
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AUD/JPY Technicals: Long term view is best
My view here is that we are currently nearing the end of the retracement phase which will be followed by a resumption of the downtrend. Whether the retracement ends at the 50% level at 80 or whether we see another push higher towards the golden retracement at 85.50 remains to be seen. Support...
USD/JPY retrenching; Exporters seen selling rallies
Japanese exporters have returned to the stage in USD/JPY for the first time in a while. They have offers from 98.80 up through 99.00, traders report. Mid-East accounts were rumored buyers in early US trade but ran into signficant offers in the 99.80/85 region. Given Japan’s rapidly...
Usd/Jpy approaches trendline resistance at 98.25/30
The sharp turnaround in the Dollar’s fortunes has dismayed many a trader, but there now seems to be a real US is the first to come out of recession trade developing. Usd/Jpy has continued to firm taking out offers at 98.00 before reaching 98.20. Further gains will be tough as Jamie pointed...
WORLD FOREX: Dollar Gains Sharply In Wake Of G8 Meeting
By Don Curren Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The dollar is broadly higher Monday after developments at the Group of Eight meeting of finance ... See all stories on this...
Asian Market Update 28-5-2009... | Financial 24
10:31 Asian Market Update 28-5-2009 Asian Market Update Tokyo Equities Shrug US Weakness as Monthly Retail Sales Rise to. Financial 24 | Financial News -...