| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
USD/JPY: The Dollar declines further
FXstreet.com (Barcelona) - The Dollar continues dropping against the Yen reaching already to 102.61, according to the ActionForex Technical Team, the bias is on the downside: "At this point, intraday bias remains on the downside as long as 103.62 minor resistance holds. As discussed before, bearish divergence conditions in 4 hours MACD and RSI argues that whole rebound from 95.77 is over."
The outlook from now on , according to the ActionForex Technical Team, stand as follows: "Break of mentioned channel support will add more credence to this case and put 100.02 support into focus. Break will confirm and encourage a retest of 95.77 low. On the upside, though, above 103.62 will indicate an intraday low is in place and turn outlook neutral first."
Forex and Dow Jones recommended levels Jul 23, 2008 11:46PM- EURUSD broke below the support of the up trend line Jul 23, 2008 9:36PM
- USD/JPY - 107.84 Daily Market Outlook - Jul 23 Jul 23, 2008 8:52PM
- Dustin Reid, currency strategist at ABN Amro Jul 23, 2008 11:10AM
- Stephen Malyon, currency strategist at Scotia Capital Jul 23, 2008 11:09AM
- Boris Schlossberg, senior currency strategist at FXCM Jul 23, 2008 11:09AM
In this topic we are going to review the financial forecast on forex market.
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Rpchost.com - Forex Trading Technical Analysis
Rpchost.com 2008/7/8 - 1:00 AM EST
At 4:30 we have DCLG HPI y/y report release and at 8:00 we have Fed Chairman Bernanke Speaks, these reports w... rpchost
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