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The Brief Daily Forecaster 10th November 2008
DAILY ANALYSIS FOR USDCAD
Bias: I still look for losses to 1.1590-16 at least & possibly 1.1539
Losses developed as expected reaching the 1.1655-73 support. While there has
been a pullback from there I feel this is now complete and...
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iFOREX.bg Daily Forecast
EUR/USD
Trading range: 1.2870 - 1.2780
Trend: Downward
Sell at 1.2860 SL 1.2892 TP 1.2793
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GBP/USD Technical Analysis by iForex.bg
Pound/Dollar also continued its bearish momentum on Friday. The currency pair reaching a peak at 1.5866 and closed the day at 1.5638.
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Gold & USD Index Technical Comments by RCPL Forex
Gold traded in sideways range of $19 on Friday though it has surpassed the $750 levels today morning.
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Australian Dollar Technical Comments by RCPL Forex
Aussie surged by 240 pips from the lows on Friday also accounting for the bad NFP data to touch the day’s highs of 0.6787.
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Swiss Franc (CHF) Technical Comments by RCPL Forex
Swiss Franc almost made a doji on Friday giving unclear direction for the pair. It is holding below the 1.18 levels as it touched the highs of 1.1797.
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Rupee Technical Comments by RCPL Forex
The local currency could not show much movement on Friday closing at 47.66 against US dollar.
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Yen (JPY) Technical Comments by RCPL Forex
The Usd/Jpy pair weakened to 96.76 (almost 190 pips) on Friday opened with a gap this morning and is trading around the 21 daily EMA around 99 levels.
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Pound (Sterling/GBP)Technical Comments by RCPL Forex
Sterling was seen taking resistance around the 21 4-hourly EMA in Friday’s session. Disappointing Non-Farm Payrolls also could not bring much respite to the falling currency.
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Euro Technical Comments by RCPL Forex
Euro traded within 200 pips in the last trading session bouncing from the lows of 1.2650.
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G20 agreed on ways to stimulate growth at a meeting in Sao Paulo
The Yen fell against the Dollar and the Euro this morning as a rally in Asian shares improved investors' appetite for risk, reducing demand for the Japanese currency. Asian shares were boosted by strong Wall Street gains on...
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Daily Market Update by K. Klombies, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by R. W. Colby, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by J. Wyckoff, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by D. Jobman, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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