Weekly US$ Major Studies

Forex Pros And Cons
Trading is a skill that takes some time to be trained. Same as boxing it’s also an expertise that takes more time for learning. And without any training, if you get into a professional boxing ring you’ll get beat up easily in a physical manner! But...

Making Money In Forex Trading Fact or Fiction?
Find out the real truth about making money in forex trading. Recently theres been a surge of everyday, average investors choosing to invest the majority of their portfolio in forex trading. If you talk with those people, you'll find many feel...

Why Forex is a Great Trade
The Forex market seems to be one of the hottest markets right now. Let’s take a look why... It takes small amount of capital to get going and you get leverage with it. This is important because a lot of people entering the market are looking for...

Week starting Monday 17th November 2008.

Weekly GBPUSD EURUSD AUDUSD NZDUSD
Stoc 20.7495 26.3649 38.7543 37.9358
Stoch Sig Weak Sell Bullish Bullish Bullish
 
RSI 22.7905 27.8861 29.0182 29.2161
RSI Sig Weak Bearish Weak Bearish Weak Bullish Weak Sell
 
MACD -0.098 -0.0621 -0.0665 -0.0457
MACD Sig Bearish Bearish Bearish Bearish
 
EMA ST Bearish Bearish Bearish Bearish
EMA MT Bearish Bearish Bearish Bearish
 
STT Sig ↑ Insig Insig Insig
MTT Sig ↓ Sig ↓ Sig ↓ Sig ↑
LTT Sig ↓ Sig ↑ Sig ↑ Sig ↑
Weekly USDJPY USDCHF USDCNY USDCAD
Stoc 48.4456 76.4621 29.9999 56.9209
Stoch Sig Bullish Sell Sell Bearish
 
RSI 36.8046 66.562 33.112 66.8305
RSI Sig Weak Bullish Weak Bullish Weak Buy Weak Bearish
 
MACD -2.3195 0.0276 -0.0437 0.0491
MACD Sig Bearish Bullish Weak Bullish Bullish
 
EMA ST Bearish Bullish Bearish Bullish
EMA MT Bearish Bullish Weak Bearish 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.