Following a week that predominately delivered remarkable record highs for gold, in addition to new lows for the Dollar; the main question is whether this trend will extend. Perhaps not and we'll witness a change in trends this week. Federal Reserve Board Chairmen Ben Bernanke is due to deliver a speech today which might set the tone for the major currencies, and may just help to clarify the picture of today's market.

  • Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trend

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Weekly Trend

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Resistance1.49851.639091.751.02750.92850.9225
1.49501.636091.401.02400.92500.9185
1.49151.633091.151.02150.92200.9155
Support1.48501.627590.501.01500.91450.9100
1.48201.624590.251.01200.91150.9075
1.47951.622090.001.00950.90850.9050