New York
London
Tokyo
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…

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

SocialTwist Tell-a-Friend

Leave a Response

Trading Metro
Disclaimer

Before diving into the legalese below, use your common sense when trading. Rely on yourself to define trade execution, don't trade with money you cannot afford to lose, and know the risks of trading. Be responsible, be honest, and use common sense.

Online trading, especially that on margin carries a high level of risk and may not be suitable for all investors. Opinions expressed at Trading Metro are those of the independent authors and do not necessarily represent the opinion of Trading Metro. Trading Metro has not verified the accuracy of any claim or statement made by any independent author. It's your responsibility to ensure the veracity of information presented.

Any solutions, opinions, news, research, analyses, prices or other information contained on this website, by Trading Metro, its employees, partners or contributors, is provided as general market commentary and tools, and does not constitute investment advice. Trading Metro will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Information on Trading Metro is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on Trading Metro is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy and our Privacy Notice.

Feedback Form