U.S. Producer Price Index (PPI) to Be the Driver of USD Trading Today

17 November 2009 @ 04:58 am EDT

The Producer Price Index (PPI) is expected to be the main driver of USD trading for Tuesday. The other major releases from the U.S. that forex traders are advised to follow are the TIC Long-Term Purchases, Core PPI and Industrial Production.

  • Forex Market Trends

  EUR/USD GBP/USD USD/JPY USD/CHF AUD/USD EUR/GBP
Daily Trend

Weekly Trend

Resistance 1.5063 1.6920 89.98 1.0179 0.9405 0.8952
1.5031 1.6890 89.66 1.0148 0.9383 0.8930
1.5000 1.6860 89.35 1.0114 0.9361 0.8909
Support 1.4938 1.6798 88.04 1.0051 0.9319 0.8866
1.4906 1.6767 87.71 1.0019 0.9298 0.8842
1.4874 1.6735 87.35 0.9988 0.9275 0.8819

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