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EUR/JPY dived further to as low as 147.56 last week, breaking key medium term support of 149.27 but rebounded strongly to close the week just slightly lower. Touching of 153.57 resistance indicates that a short term low is in place

AUD/USD dived to as low as 0.7900 last week, took out 0.8008 medium term support but rebounded strongly to close the week higher. Bullish convergence condition in 4 hours MACD and RSI and break of the 4 hours 55 EMA

USD/CAD edged higher to 1.0819 last week but failed to sustained above key medium term cluster resistance at 1.0791/98 (61.8% retracement of 1.1874 to 0.9056 at 1.0798, 61.8% projection of 0.9056 to 1.0378 from 0.9974 at 1.0791) and reversed to

Highlights The USD surge continues--The outlook from here Fresh signs of slowing global growth What does the Fannie/Freddie takeover mean for the dollar? Key data and events to watch next week The USD surge continues--The outlook from here The greenback

Session Snap Shot: The 1.4150 price point was broken in trade on Friday, and in breaking really has set up a technical test of resolve in euro valuations. The upside targets are easy to see, at 38% and 50% of

Although another weekly lower close was recorded the past week bringing such losses to seven since tumbling off its YTD high at 1.6038, EUR's recovery seen ahead of its key support at its July'07 low at 1.3852 and a violation

Crude oil has fallen to a six month low and gasoline costs have tumbled after refineries along the Gulf of Mexico reported that they saw no major damage from Hurricane Ike. More than 20 percent of the United States refining

The week begins with; A market looking at a rescue of U.S. based Lehman Bros as more likely to happen than not. Hurricane Ike moving off and away from the oil refinery areas in the U.S. Oil prices testing support

Not yet the Xda Zest by AsusI wrote about earlier last month, pda.pl received some information about the so far unknown Asus Glaxy7 (Zest) which seems to be an interesting Windows Mobile touchscreen smartphone. According to pda.pl, the Galxy7 features

A plan for new power lines to criss-cross Minnesota is dividing environmental advocates.