Forex Crunch AUD/USD – Parity Reconquered – What Now?

Forex Crunch AUD/USD – Parity Reconquered – What Now?

AUD/USD – Parity Reconquered – What Now?

Posted: 14 Dec 2010 04:56 AM PST

AUD/USD broke above parity on global optimism. Will it hold on to parity on this busy day, or drop?. Here's a quick update on technicals, fundamentals and community trends. AUD to USD parity taken AUD/USD Technicals Asian session:  AUD USD traded under parity and managed to take it.. Current Range:  1.00 to 1.0080 Further levels [...]

Eur/Usd Reaches A Two Weeks High – Approaches New Levels

Posted: 14 Dec 2010 03:42 AM PST

US stock market closed very weak yesterday as prices reversed from its daily highs in the second part of trading session. However, this did not confuse some of the Asian stocks, NIKKEI, HIS and China which all trade in the green territory.  As such, current downtrend on the US dollar will likely continue through the [...]

EUR/USD Dec. 14 – Breaking Higher

Posted: 14 Dec 2010 12:12 AM PST

EUR/USD made a breakout and is now trading at a three week high, after a new wave of optimism boosted the common currency. Will this hold?  Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar breaking higher. EUR/USD Technicals Asian session:  Quiet session under 1.3440, before breaking above this level and reaching 1.3460. [...]

Forex Daily Outlook – December 14 2010

Posted: 13 Dec 2010 02:00 PM PST

US Retail Sales, FOMC statement, US PPI and German ZEW Economic Sentiment are the leading events on this busy day. Let’s see what awaits us today. In the US, Retail Sales a primary gauge of consumer spending, which accounts for the majority of overall economic activity is likely to drop by 0.5%, while the Core [...]

[Video] Dollar Temporarily Retreating, Technical Level and Calendar Events

Posted: 13 Dec 2010 09:04 AM PST

In the weekly interview with Julie Sinha on Forex TV, we discussed the sentiment about the dollar, technical levels for EUR/USD, GBP/USD, USD/JPY and AUD/USD and also ran through the major events expecting us this week, before the holidays slow down everything. Enjoy! The Euro bears returned to their caves after a nice bunch of [...]

5 Reasons For Euro Rally

Posted: 13 Dec 2010 07:28 AM PST

EUR/USD began the week with a steady rise, rising 150 pips after many sessions of very tight trading. Here are 5 reasons for this rise. EUR/USD now trades at 1.3370,  above the minor resistance line of 1.3334, and in the highest levels in a week full of frustrating trading. And where will it go from [...]
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