Last week marked an extremely volatile trading session for the dollar, especially against the EUR and the Yen, enabling traders to make profits from going both long and short against the greenback
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Tuesday, June 16, 2009
USD Finished Volatile Trading Week
EURUSD update
EURUSD did break the support line at 1.3813, but bulls didn't give up, it was a wake up call for them. If prices are going to stay under 1.3800 then there is a big chance to see a strong movement downside
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JPY daily outlook
The pre-planned break-out variant for sales has been implemented and the attainment of estimated targets is “supported” by considerable rise of bearish activity marked by OsMA trend indicator at the break-out of key supports.
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GBP daily outlook
The estimated test of key supports has been confirmed with conditions for the implementation of pre-planned buying positions
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CHF daily outlook
The estimated test of key resistance range levels has been confirmed with conditions for the implementation of pre-planned short positions
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EUR daily outlook
The pre-planned break-out variant for sales has been implemented with the attainment of minimal anticipated target
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