Finotec News Archive - June 9 2009

Forex Weekly Analysis

USD/JPY - [Technical Indicators] - - USD/JPY (Tehnical Analysis)

In Depth Analysis

USD/JPY - U.S. dollar takes full advantage of worn-out Yen - The yen advanced for a second day against the euro and strengthened versus the dollar as declines in Asian stocks spurred demand for the relative safety of Japan’s currency.

Forex Pairs Daily Analysis

USD/CHF – Market strategy is bullish, buying from the 1.0900 level - Technical oscillators supporting the bullish trend for the USD/CHF currency pair

EUR/USD-market strategy can be a sell from the 1.3950$ level - Technical oscillators supporting the bearish trend for the EUR/USD currency pair

GBP/USD – Market strategy is bearish, selling down from the 1.6110$ level - Technical oscillators supporting the bearish trend for the GBP/USD currency pair

USD/JPY – Market strategy is bullish, buying from the 98.10 level - Technical oscillators supporting the bullish trend for the USD/JPY currency pair

Forex Daily Analysis

The Dollar may rise against the Euro as investors look for reassurance says UBS - Recent comments from Japanese, Indian and South Korean officials suggest that demand for Treasuries will remain strong, UBS said

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