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Tag Archives: dollar

Forex trader view: A perfect day!

Nice move from my favorite pair EUR/USD, after hit the daily high at 1.3682 the sellers stepped in and drove the euro back down to 1.3629, which was just perfect for my short euro position that I had opened at 1.3672, I was expecting for the euro to go lower but it managed to recover ...

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Euro at 8 month high vs US dollar

Euro has risen above $1.38 for the first time since November 2011, with the dollar continuing to be dragged down by expectations that the Fed will delay tapering its QE program until next year

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USD/JPY Technical Analysis

Technical lines from top to bottom We begin with resistance at the round number of 104. This was a key line in May 2008. 102.50 was an important resistance line in late May. 101.44 was the post-crisis high seen in April 2009, and has not been tested since mid-July. 100.85 ...

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EUR/USD Technical Analysis

Daily targets-signals Short Euro at 1.3089 stop loss at 1.3124 Long euro at 1.3036, stop loss at 1.3002

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The dollar fell versus the Japanese yen and Asia stocks jumped. The dollar tumbled after the Bank of Japan lifted its assessment of the economy, but cut growth and inflation views. The dollar had already been pushed lower after Federal Reserve Chairman Ben Bernanke said the central bank won’t be ...

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China opens Aussie dollar direct trading

Australian dollar is the third currency to trade directly with the renminbi, the latest step in the internationalisation of China’s currency

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