Blog Detail
FX Weekly Report
http://www.tradingmetro.com/fxweeklyreport
The FX Weekly Report provides the latest, in-depth forex technical analysis about the FX market each week. By Pierre Charlebois.
- Added on: Oct 27th, 2009
- Country: United States
- Language: English
- Author: TradingMetro
- Listed in: Investing Economics
- Tags: forex investing Currency foreign exchange usd
Recent Posts
USD strengthening - Will this continue?
The shape of the top on the EUR/USD is unorthodox and not typical. However the move down at this point is strong and impulsive. The next few weeks should be volatile and provide longer term direction. USD Index - The move up is typical of a re...
Volatility hits 6 month high in many Forex pairs - What does this signal?
Friday’s moves in many Forex exchange rates as well as other key markets, is signaling just how much anxiety is pent up in traders who are now hanging on every new news item being released. Technically this indicates a break out or reversal is ...
Volatility remains high as the US Dollar continues to try and reverse its fortunes
This week saw a sudden turn back towards Dollar strength and a brief flight to safety amid the news out of the middle east regarding Dubai’s financial debacle. It demonstrates how fragile the overall picture is of the world economy. Knowing th...
Dollar could be reaching the Rubicon
Looking at the Dollar Index, there is evidence that the long term trend is breaking down as the price action is now on the opposite side of the line. There is always a chance the price action could trail down further using the line as support, howeve...
Which way is the trend now?
Many USD pairs are showing sings of potential retreat from their long term trends. Evidence is mounting but of course, nothing is ever absolute. Let’s see if this week brings follow through on the turn or yet another new low on the USD. USD Ind...
Dollar trying to break-out. Will this be the week?
Long term trends by their nature don’t turn easily. The last two weeks we have seen counter trends and we have reversed to about half of the original gain by the USD. There are many arguments to be made for both a weak and/or a strong Dollar go...
