Daily Technical Studies for the US$ Major

Bollinger Bands & Fibonacci Retracements In Forex
Recently Forex trading has become one of the most looked after occupations that will allow you to earn a living from home or anywhere else. If you are really considering entering the forex trading world you must, by all means, learn and understand...

Forex Broker
A broker is any person or firm that charges a fee in exchange for executing trades for a trader. A Forex broker does not charge a commission for placing a buy or a sell order the way a real estate broker would charge a percentage fee of the total...

How to choose wisely a FOREX broker
Most traders use a FOREX broker to handle their transactions. What exactly are brokers? Strictly speaking, brokers are individuals or companies that buy and sell orders according the investor's decisions. Brokers earn money by charging a commission...

Monday 17th November 2008.

Daily GBPUSD EURUSD AUDUSD NZDUSD
Stoc 14.873 50.3119 36.9903 28.176
Stoch Sig Weak Bullish Bullish Bullish Weak Bullish
 
RSI 25.068 41.7384 41.71 36.5805
RSI Sig Weak Bearish Bullish Sell Bearish
 
MACD -0.0549 -0.0242 -0.0163 -0.0138
MACD Sig Bearish Weak Bullish Bullish Bullish
 
EMA ST Bearish Weak Bearish Weak Bearish Weak Bearish
EMA MT Bearish Bearish Weak Bearish Weak Bearish
 
STT Sig ↑ Insig Insig Sig ↑
MTT Sig ↑ Insig ↑ Insig Insig
LTT Sig ↑ Sig ↑ Sig ↓ Sig ↑
Daily USDJPY USDCHF USDCNY USDCAD
Stoc 46.3503 70.4571 69.3472 70.7876
Stoch Sig Bullish Bearish Bullish Weak Bearish
 
RSI 41.7471 64.5182 45.181 58.4945
RSI Sig Sell Weak Buy Weak Sell Bullish
 
MACD -1.119 0.0143 -0.0021 0.0159
MACD Sig Bullish Bullish Weak Bearish Bearish
 
EMA ST Weak Bearish Bullish Bearish Weak Bullish
EMA MT Weak Bearish Bullish Bearish Weak Bullish



FX round-up: Dollar makes headway (ShareCast)
LONDON (SHARECAST) - The dollar started the year on strong footing, making headway against most major currencies as traders returned after the New Year holiday.

Asia stocks edge up for 7th day (Reuters via Yahoo! News)
Asian stocks inched higher for a seventh day on Tuesday on hopes for a global economic recovery later in 2009, but the yen's gains against high-yielding currencies suggested scope for optimism was limited.

Asia stocks up on hopes of recovery (Reuters via Yahoo! News)
Asian stocks edged up for a seventh day on Tuesday, boosted by hopes for a global economic recovery later in 2009, though the rising yen and falling high-yielding currencies suggested such optimism was limited.

China FX reserves fall on weak euro - adviser (Reuters via Yahoo! Philippines News)
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FX Correlations (January): How Do Currencies Move In Relation To Each Other? (Daily FX via Yahoo! Finance)
The following is our monthly correlations update for January. As we have stated time and again, correlations between different currency pairs will inevitably shift over time. Therefore, it is of utmost importance to keep abreast of these fluctuating relationships to fully understand your trades and portfolio.