Forex Crunch AUD/USD – Looking For Direction

Forex Crunch AUD/USD – Looking For Direction

AUD/USD – Looking For Direction

Posted: 10 Dec 2010 12:30 AM PST

AUD/USD is trading around a pivotal line, looking for a direction. A rate hike in China could hurt the Aussie, even though Australian jobs are looking good. Here's a quick update on technicals, fundamentals and community trends. AUD to USD flirting with 0.9850. AUD/USD Technicals Asian session:  AUD USD traded under 0.9850.. Current Range:  0.9850 [...]

EUR/USD Dec. 10 – Falling in Range

Posted: 10 Dec 2010 12:19 AM PST

EUR/USD dipped down and peeked up, but is eventually trading in the same frustrating rang, now dropping within the range. Will it explode at the end of the week?  Here's a quick update on technicals, fundamentals and community trends. Euro

Forex Daily Outlook – December 10 2010

Posted: 09 Dec 2010 02:00 PM PST

US  and Canadian Trade Balance, US, Federal Budget Balance and US Prelim UoM Consumer Sentiment are the major events closing this week's forex trading. Here is an outlook on the major events. In the US, Trade Balance deficit narrowed down to 44.0

EUR/USD Dipping Under Support

Posted: 09 Dec 2010 07:26 AM PST

It took a long day of choppy trading, but the Euro finally bowed and dropped below the 1.32 line, and the lowest level since Trichet surprised the markets with some sneaky bond buying. It took a big amount of not-so-good news to bring the pair down.
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