Tuesday, November 15, 2011

Technical Forex News



 

EUR/USD dips below 1.3500
After a short−lived recovery that was capped by the 1.3570/75 area, EUR/USD is back headed south, printing fresh daily lows as risk aversion intensifies and US stocks move deeper into the red. EUR/USD fell more than 70 pips within the last hour as the Greenback picked up momentum...

Majors

USD/CHF extends gains to fresh 1−month highs
The USD/CHF approached 0.9200 after reaching a fresh 1−month high at 0.9197. Greenback strengthened across the board in the last two hours, boosting the USD/CHF to new highs...

Currencies

USD/CAD sideways above 1.0200
The recovery of the CAD that followed positive US and Canadian data was short−lived as the Loonie lost steam and pulled back amid risk aversion. USD/CAD bounced from session lows around 1.0200...

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