Forex Analysis: US Dollar Classic Technical Report 01.11.2013

RELATED QUOTES

SymbolPriceChange
^USDOLLAR12,479.50+13.50

Prices broke through support at 10059, the 23.6% Fibonacci retracement. Sellers now aim to challenge the 38.2% level at 9998, with a push below that targeting rising channel support at 9963. The 10059 level has been recast as resistance. A reversal back above that sees channel top resistance at 10133.

Forex_Analysis_US_Dollar_Classic_Technical_Report_01.11.2013_body_Picture_1.png, Forex Analysis: US Dollar Classic Technical Report 01.11.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      1.4290-0.001-0.07%
      USDSGD=X
      1.5159+0.0005+0.03%
      EURSGD=X
      1.7208+0.0015+0.09%
      GBPSGD=X
      79.6850-0.077-0.10%
      SGDJPY=X
      5.4256+0.0054+0.10%
      SGDHKD=X
      3.1259+0.0036+0.12%
      SGDMYR=X
      9,384.9990+8.585+0.09%
      SGDIDR=X
      4.8274+0.0044+0.09%
      SGDCNY=X
      1.0678-0.0004-0.04%
      AUDSGD=X
    • Commodities
      Commodities
      NamePriceChange% Chg
      1,204.80+5.00+0.42%
      GCG17.CMX
      16.86+0.04+0.24%
      SIH17.CMX
      87.04+0.81+0.94%
      ^XAU
      2.66-0.01-0.36%
      HGH17.CMX
      52.50-0.51-0.96%
      CLG17.NYM
    • Bonds
      Bonds
      TreasuryYield (%)Yield Change
      1.88+0.02
      ^FVX
      2.38+0.02
      ^TNX
      2.98+0.02
      ^TYX