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Home ANALYSIS Tag: bearish trends

Tag: bearish trends

2009.05.25 08:53:59
Forex Vote

Many forex traders witnessing the strong bearish trends across the USD pairs and crosses have been wondering when it will come to an end. As last week's U.S. housing market data and unemployment figures proved worse than forecast, mixed with a boom in confidence for Euro-Zone economies such as Germany, the USD went negative. However, this week's data forecasts could create the rumblings of a reversal for the greenback. This exciting volatility is where money is made in the forex world; don't miss out!

 

Summary

USD - Dollar Drops on Poor Data

EUR - The EUR Soars amid Positive German Data

JPY - JPY Provides Mixed Results against the Majors

  forex daily market | forex trend | forex analysis | forex news | daily forex analysis | technical news | technical analysis | negative market | reversal | bearish trends | poor data | german data | forex volatility
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