Monday, October 18, 2010

US Dollar Selling Shows Exhaustion, Pullback Hinted

EURUSD: Rally Stalls at 1.42 Figure
GBPUSD: Double Top Still in Play
USDJPY: Channel Cross Marks Support
USDCAD: Candles Reveal Bullish Cues
AUDUSD: Weakness Hinted at Parity
NZDUSD: A Top in Place at 0.7640?

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US Dollar Probes Higher as Stock and Oil Prices Stall, Gold Pulls Back

The US Dollar is inching higher as stock and oil prices stall at key resistance while gold pulls back, hinting a broad-based correction in recent trends may be taking shape.

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US Dollar Positioning Hints Recovery Ahead as Stocks Form Double Top

The US Dollar may recover amid risk aversion with technical positioning hinting stocks are forming a double top at April’s swing high.

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NZDUSD: A Top in Place at 0.7640?


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Sunday, October 17, 2010

NZD/USD Classical 10.15


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