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Finotec News Archive - April 17 2009

Forex Pairs Daily Analysis

USD/CHF – Market strategy is bullish, buying from the 1.1590 level - Technical oscillators supporting the bullish trend for the USD/CHF currency pair

EUR/USD-market strategy can be a sell from the 1.3100$ level - Technical oscillators supporting the bearish trend for the EUR/USD currency pair

GBP/USD – Market strategy is bearish, selling down from the 1.4850$ level - Technical oscillators supporting the bearish trend for the GBP/USD currency pair

USD/JPY – Market strategy is bullish, buying from the 99.20 level - Technical oscillators supporting the bullish trend for the USD/JPY currency pair

Forex Daily Analysis

The Euro weakens after the ECB says it may cut rates - Jean- Claude Trichet said the central bank must do everything possible to boost confidence

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