The U.S. currency may be headed for a quarterly decline against 14 of 16 major counterparts before report this week forecast to show American employers cut fewer jobs, boosting demand for higher-yielding assets. Although the greenback posted small gains against major rivals Tuesday, edging higher on the Japanese currency, the currency may reverse its earlier gains on speculation a Federal Reserve official will reiterate today that record-low Interest Rates will be unchanged for an extended period.

  • Forex Market Trends

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

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Weekly Trend

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Resistance1.47201.623591.251.04300.89200.9230
1.46801.613590.801.04050.88550.9177
1.46501.609090.251.03800.88250.9145
Support1.45601.590089.501.03000.87400.9080
1.45251.584589.151.02500.86900.9038
1.45001.577588.751.02100.86450.8983