Comments by Fed Chairman Ben Bernanke surprised many investors as he joined the rallying cry for a stronger Dollar, which may lead to strength for the USD in the days ahead. On the other hand, the USD still faces downward pressure from sudden spikes in risk appetite following positive news reports as its safe-haven status has not yet diminished. After last week's drop in consumer confidence, safe-havens like the USD and JPY have begun to regain some of their strength.

  • Forex Market Trends

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

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Weekly Trend

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Resistance1.49731.689289.991.02410.93420.8921
1.49451.686189.711.02100.93230.8903
1.49101.683289.421.01820.93010.8882
Support1.48521.677188.811.01220.92630.8841
1.48211.674288.531.00890.92420.8820
1.47931.671588.211.00580.92220.8802