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Forex News / Aussie and Cad Post Fresh 2009 Highs (Daily Classical)

04.05.2009

Aussie and Cad Post Fresh 2009 Highs (Daily Classical)

Forex News /

WE WILL USE THE FIRST MONDAY OF THE MONTH AS AN OPPORTUNITY TO PROVIDE A BROADER OVERVIEW AND LONGER-TERM OUTLOOK FOR THE MAJOR CURRENCIES. ON TUESDAY, WE WILL RETURN TO THE REGULAR DAILY ANALYSIS.

• Euro immediate higher but rallies seen circumscribed to 1.4000
• Dollar/Yen satisfactorily capped representing at current at the of 100.00
• Cable charge action unclear at current
• Dollar/Swiss takes exterior 200-Day SMA but quiet utilitarian longer-term
• Dollar/Cad extensive triggered; trades to new 2009 lows
• Australian Dollar rallies up above 0.7400 to new 2009 highs; considers larger twofold place
• New Zealand Dollar locked in choppy obliquely commerce




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