Dollar Under Pressure as Euro Threatens 2009 Highs (Daily FX)
-EURUSD support is 1.4200-1.4280 -AUDUSD and NZDUSD hold channels -USDJPY resistance extends to 96.00 -USDCAD breaking down -GBPJPY support line holds us.rd.yahoo.com |
Canadian Dollar Continues To Be Driven By Oil and Equity Markets (Daily FX)
The USD/CAD continues to find itself in a well defined wide range between 1.0600 and 1.1100 despite setting a new yearly low of 1.0589. There the pair ran into Fibo support from the 61.8% extension of the 0.9061-1.3016 advance. us.rd.yahoo.com |
Oil up above $80 on weak dollar, lower inventories (AP)
Oil prices rose to above $80 a barrel Wednesday, helped by the weaker dollar and a report pointing to a drop in U.S. crude supplies. us.rd.yahoo.com |
New Zealand Dollar / US Dollar (Daily FX)
Since the top at .7640, NZDUSD declines are impulsive and rallies are corrective . us.rd.yahoo.com |
EURUSD Channel a Consistent but Ill-Defined Range (Daily FX)
The US dollar has developed a clear but measured descending trend channel over the past three weeks. Over just the past week, this tidy pattern was pushed by volatility; but the general picture is the same. us.rd.yahoo.com |