- Friday, February 17, 2012, 9:39
- Forex Technical Analysis, Technical Analysis
- 366 views
There is a potential breakout scenario developing on the H4 chart of AUDUSD. We are looking for a move above the 1.0780 resistance, which should see it continue on to 1.0814 and 1.0840. (ARS)
Financeroll - The Dollar Index held losses from last week before U.S. data forecast to show consumer confidence rose to the most since July and regional manufacturing gauges increased, reducing demand for haven assets.
Australia’s currency ended a five-day rally as Asian stocks slid. Demand for the euro was damped before Italy sells bills and bonds this week amid concern Europe’s debt ...
Financeroll - The dollar turned up slightly on Friday, after U.s. reports showed durable-goods orders jumped but personal spending was weak last month. The dollar index which tracks the U.S. unit against six other currencies, traded at 79.933, from 79.855 before the data and down from 79.929 in late ...
Financeroll - Canada’s currency rose to its strongest level in more than a week versus the dollar after reports showed the economic recovery gaining momentum in the U.S., the nation’s largest trading partner.
The Canadian dollar gained for a fourth day as a report showed the nation’s gross ...
Financeroll - The dollar weakened against most of its 16 major peers as stocks rose amid signs U.S. economic growth is holding up, damping demand for lower-yielding assets.
Australia’s dollar reached a two-week high versus the yen before data forecast to show consumer spending and new-home sales increased in ...
Financeroll - The U.S. dollar rose to a three-week high against the yen on Thursday, as market sentiment waned as a downward revision of U.S. economic growth disappointed hopes for recovery in the world’s second largest economy.
USD/JPY hit 78.18 during European afternoon trade, the pair’s highest ...
Financeroll - The euro pared gains against the dollar on Thursday in choppy year-end conditions with ongoing concerns that the euro zone debt crisis could intensify next year driving investors to sell into any rebounds in the single currency. The euro gained some support from short-covering amid thin end-of-year liquidity. ...
Financeroll - The U.S. dollar was broadly lower against its major counterparts on Thursday, as many traders closed books to lock in profit before the end of the year amid lingering concerns over the debt crisis in the euro zone.
During European morning trade, the dollar was lower ...
Financeroll - The Australian dollar edged higher against its U.S. counterpart on Thursday, but gains were limited as markets were jittery after the unexpectedly high demand met by the European Central Bank for its three-year loan package.
AUD/USD hit 1.0119 during late Asian trade, the daily high; the ...
Financeroll - The euro hovered close to an eleven-month low against the U.S. dollar on Thursday, amid uncertainty over the effects of an unprecedented refinancing operation by the European Central Bank on Wednesday.
EUR/USD hit 1.3073 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3076, rising 0.20%. ...