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FX Weekly Report
The FX Weekly Report provides the latest, in-depth forex technical analysis about the FX market each week. By Pierre Charlebois.

No big run to Dollars yet…

September 5, 2009 at 8:05 am • Posted in General

The USD is still not strengthening overall and is for the most part range bound. So long-term trends for the most part, are still holding. Break-outs loom on some currencies but I would be leery of a sudden reversal in them such as the AUD and NZD.

 

USDindex – New bottom still possible (Almost expected)

USDidnx_Sept_3_09

 

EUR/USD – Could be forming either a triangle or ending diagonal

EURUSD_SEPT_4_09

 

GBP/USD – Did not break key support at 1.60

GBPUSD_SEPT_4_09

 

USD/CHF – No clear break yet

USDCHF_SEPT_4_09 

 

USD/CAD – Could be forming a triangle and continuation pattern. New lows are not out of the question

USDCAD_SEPT_4_09

 

AUD/USD – Topping? or break-out?

AUDUSD_SEPT_4_09

 

NZD/USD – Topping? or break-out?

NZDUSD_SEPT_4_09

 

USD/JPY – Not clear direction

usdjpy_sept_4_09

 

EUR/JPY – Also in limbo
EURJPY_SEPT_4_09

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