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Dec 03 04:08 GMT
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Mid-Day Report: Dollar and Yen Retreats as Stocks Recover from Yesterday's Loss
Dec 02 15:27 GMT, by ActionForex.com
Dollar and yen weakens mildly after US stock markets recovers from yesterday's sharp loss and opens mildly higher. Dollar index is back below 86.33 minor support, indicating that a...
Special Reports
RBA Cuts by 100bps to 4.25%, Another 50bps Still Expected in 1Q09
Dec 02 09:48 GMT, by ActionForex.com
The RBA cut the cash rate by 100 bps to 4.25% after the December Board meeting. This is the nation's biggest reduction in interest rate since 1991. Th...
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NZD/USD: Trading The Reserve Bank Of New Zealand's Rate Decision
Dec 03 04:07 GMT, by DailyFX
The New Zealand dollar may face increased selling pressures over the next 24 hours of trading as the RBNZ is widely expected to lower the benchmark in...
US Dollar Holds To Wide Ranges, ISM Services Forecasted To Hit Record Low On Wednesday
Dec 03 02:15 GMT, by DailyFX
The US dollar remains within the range it has held to since the start of November, and for what it's worth, day-to-day moves signal little more than c...
Forex Exchange Morning Report
Dec 03 02:02 GMT, by Westpac Institutional Bank
US equities retraced some of Monday's losses, driven by bargain hunting and some supportive comments from the Fed: Bernanke said if further rate cuts...
Markets Recover Lead By GE Surge
Dec 03 01:48 GMT, by Easy Forex
U.S. Dollar Trading (USD) the market responded well to comments from Fed Chief Bernanke that if US rates could not be cut further than other more unco...
Greenback Modestly Lower As Stocks Recover
Dec 03 01:42 GMT, by CMS Forex
The dollar and yen weakened against other key currencies Tuesday as US equity markets rallied after Monday's sharp stock-market losses. This helped su...
European Stock Rally Boosts Euro, RBA Cuts Rates by 1%
Dec 03 01:38 GMT, by CMS Forex
European producer prices dropped the most in 22 years in October, falling 0.8% on the month. The big fall was again a result of lower energy prices wh...
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A Range Trade Opportunity Presents Itself In A USDCAD Trend Channel
Dec 03 02:10 GMT, by DailyFX
Range trades do not necessary have to be pulled from perfectly horizontal periods of congestion. Directional trend channels can be just as distinct an...
FX Technical Commentary
Dec 03 01:58 GMT, by Easy Forex
Euro 1.2715 Initial support at 1.2563 (Nov 28 low) followed by 1.2423 (Nov 21 low). Initial resistance is now located at 1.2766 (Dec 2 low) at followe...
Euro Crosses Attempt Breaks of Resistance
Dec 02 21:03 GMT, by DailyFX
The euro rally is testing resistance against its counterparts. Longer term, I expect a reversal of strength that has persisted since 2000. Within a fe...
Chart Of The Day: USD/CAD
Dec 02 17:12 GMT, by FX Solutions
The key USD/CAD pair (a daily chart of which is shown) is giving off some clear, yet conflicting, technical signals. After coming down from a rather p...
Elliott Wave - $ Index, S&P
Dec 02 16:30 GMT, by TheLFB-Forex.com
Dollar index has traded one more time higher into a resistance zone where you will notice a black trend line and a 61.8% Fibo retrace. Now we should w...
Euro Rallies from Bottom of Range; Where from Here?
Dec 02 14:38 GMT, by DailyFX
One can make both a bullish and bearish argument for the euro / dollar going forward. From the bearish perspective, the euro / dollar could still drop...
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Closing Market Recap: Stocks Rebound but Other Markets Skeptical
Dec 02 21:54 GMT, by CEP News
(CEP News) - Stock markets rallied on Tuesday but it wasn't accompanied by the usual corresponding selloff in Treasuries and the Japanese yen, leading to some skepticism. The S&P 500 closed 4% higher while the yields on 10-year U.S. notes fell 5....
Market News Recap
Tuesday's News Recap: U.S. Vehicle Sales Tumble, Oil Hits New 3-Year Low
Dec 02 22:11 GMT, by CEP News
(CEP News) - It was a light day for economic releases, though data from U.S. automakers showed November was their worst month in history. The figures come on the same day that executives from Ford, Chrysler and GM appeared before Congress again to ma...
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CHF 1.00% CAD 2.25% AUD4.25% NZD6.50%
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PairRateChng %
AUDJPY60.32+0.78%
AUDCAD0.8063+0.69%
GBPAUD2.3050-0.66%
AUDNZD1.2149+0.60%
AUDUSD0.6462+0.56%
EURAUD1.9672-0.49%
USD
EUR
JPY
GBP
CHF
CAD
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Action Bias & Pivot Points
Currency Last Bias S1 R1
EURUSD 1.2732 Up 1.25951.2799
USDJPY 93.42 Neutral 92.5993.78
GBPUSD 1.4921 Neutral 1.47721.5065
USDCHF 1.2056 Neutral 1.20051.2108
USDCAD 1.2478 Neutral 1.23681.2569
AUDUSD 0.6468 Neutral 0.63410.6504
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