Technical Factors

Market Update:

Written by JS T. Alexander | 15 April 2010

April 15 Update:

In our Market View report dated the April 12 calling a corrective mode for the USD and the US dollar index to move towards the 79.20 - 80.00 important support came true to our expectations and that the correction would occur starting the 7th of April towards the second week of April. Pls. refer to Market view analysis " Tools of the Trade in forex " dated December 7, 2009. ( pls. go to search articles )

USDX Tech Outlook

Written by JS T. Alexander | 13 April 2010

The USDX has corrected as we have speculated from our previous Market View. It had a strong finish on the 1st quarter of the year and for the correction to last longer may not be as predictable as a short term analysis. so looking at the USDX give and take a few days off when we mentioned that the start of the downturn correction would begin on April 7 and the 2nd week of April.

1st Qrt. Ending USD Strength

Written by JS T. Alexander | 29 March 2010

A New High Attempt for USDX

With some economic barrage of news coming for the week from consumer Confidence, the ISM manufacturing report, US Jobless claims and again, the Non-farm Payrolls numbers would show a mixture but generally true US dollar supportive news report that would trigger a confirmation of the US economic recovery is underway.

EURJPY paces CHFJPY Higher

Written by Research | 25 March 2010

The spill over of positive sentiments for the USD from the downgrading credit ratings for Portugal and the never ending jittery and fear of the Euro Zone financial crisis have contributed more for the Cross rates like the CHF/JPY and the EUR/JPY.