Finotec News Archive - June 22 2009

Forex Weekly Analysis

EUR/USD [Technical Indicators] - EUR/USD Technical Indicators.

In Depth Analysis

EUR/USD - USD takes full advantage of worn-out Euro - Analyst forecasts about the dollar have become the most scattered in two years, driving up foreign- exchange price swings and increasing risks that trading strategies and corporate hedges will backfire.

Forex Pairs Daily Analysis

USD/CHF – Market strategy is bullish, buying from the 1.0830 level - Technical oscillators supporting the bullish trend for the USD/CHF currency pair

EUR/USD-market strategy can be a sell from the 1.3850$ level - Technical oscillators supporting the bearish trend for the EUR/USD currency pair

GBP/USD – Market strategy is bearish, selling down from the 1.6410$ level - Technical oscillators supporting the bearish trend for the GBP/USD currency pair

USD/JPY – Market strategy is bullish, buying from the 95.90 level - Technical oscillators supporting the bullish trend for the USD/JPY currency pair

Forex Daily Analysis

The British pound falls after slump in UK retail sales - The Sterling had surged sharply in recent weeks along with some other risk taking currencies on optimism over the global growth outlook

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