FX Technical Weekly

Published August 22nd, 2009 - 02:34 GMT
Al Bawaba
Al Bawaba

The US dollar is under severe pressure.  What began as a reversal week ended with the greenback near its 2009 lows against most major counterparts.  In fact, the EURUSD and NZDUSD made 2009 weekly closing highs (and the USDCHF a 2009 weekly closing low).  How far might the dollar decline against its rivals in the event of a breakdown?  That is the focus of this week's FX Technical Weekly.



EURO / US DOLLAR



BRITISH POUND / US DOLLAR



AUSTRALIAN DOLLAR / US DOLLAR



NEW ZEALAND DOLLAR / US DOLLAR



US DOLLAR / JAPANESE YEN



US DOLLAR / CANADIAN DOLLAR



US DOLLAR / SWISS FRANC



EURO / JAPANESE YEN



BRITISH POUND / JAPANESE YEN



EURO / BRITISH POUND


 

TRADE LIST *Entry prices for trades that are recommended ‘at market’ are listed as the price at the time of publication