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Financial news from DailyFX

Australian Dollar Crosses Test Support - Daily FX - 2 hours, 37 minutes ago
The Australian Dollar crosses are testing support levels that may lead to at least short term reversals.

New Zealand Dollar Technical Outlook - Daily FX - Fri 2:14 pm ET
5 waves down from .7921 appear to be underway.

Yen Technical Outlook - Daily FX - Fri 2:13 pm ET
Repeating what we?ve mentioned in recent days; "the USDJPY has made a series of lower highs and lower lows since the August top at 110.65. Favor the downside as long as price is below 110.28 ."

British Pound Technical Outlook - Daily FX - Fri 2:13 pm ET
Various sentiment measures are extreme and suggest that a turn is imminent. "COT positioning is the most extreme in its history by some measures ." 13 day RSI is at its lowest level since the 1970s and FXCM SSI flipped to short today .

Euro Technical Outlook - Daily FX - Fri 2:11 pm ET
The EURUSD has continued lower and price is now below a trendline that had held price since 2002.

Swiss Franc Technical Outlook - Daily FX - Fri 2:10 pm ET
Another reason to favor a turn in the USD is the USDCHF pattern.

Canadian Dollar Technical Outlook - Daily FX - Fri 2:09 pm ET
The outside day along with RSI divergence suggests with a high probability that a top is in place.

Australian Dollar Technical Outlook - Daily FX - Fri 2:07 pm ET
The AUDUSD did drop to a new low as expected, but the drop to .8027 is probably the end of wave 5.

Earlier Headlines
·Dollar / Yen Breaks Trendline; Bearish Below 109.17 - Daily FX - Fri 1:54 pm ET
·Canadian Business Activity Drops To 8-Month Low - Daily FX - Fri 10:20 am ET
·US NFPs Fall For Eighth Consecutive Month, Unemployment Rate Surges To 5-Year High - Daily FX - Fri 8:31 am ET
·Canadian Dollar Fails to Move as Employment Conditions Improve - Daily FX - Fri 7:30 am ET
·Euro Weakens As Inflation Concerns Abate, Will NFP's End Dollar Rally? - Daily FX - Fri 6:22 am ET
·Forex Market Update: Yen Rises as Risk Appetites Fades - Daily FX - Fri 2:56 am ET
·Euro Open: US Dollar Surges Higher As NFP Looms Ahead - Daily FX - Fri 12:55 am ET
·GBP/JPY Short-Term Technical Outlook - Daily FX - Fri 12:54 am ET
·Japanese Yen Gains Over 2.5% Against High-Yielders on Fears of a 'Financial Tsunami' - Daily FX - Thu 8:52 pm ET
·Canadian Dollar: Canada's NFPs to Determine Next Move For USD/CAD - Daily FX - Thu 8:43 pm ET
·British Pound Collapse Continues As House Prices Plunge 10.9%, BOE Leaves Rates Steady - Daily FX - Thu 8:39 pm ET
·US Dollar: What Impact Will Non-Farm Payrolls Have? - Daily FX - Thu 8:18 pm ET

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