http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-06.htmlTechnically speaking, there is nothing better than a consolidation phase - after a greater rise or downmove, a pause with a sideways movement in lower volatility. If it's really longer term than just a few days, an up- or downtrend, then these movements will be picked up soon again. If it's a sideways trend, that movement will be revived again. The USD has been in a sideways trend against the majors for quite a while and is testing now support levels in a consolidation move. We think theseFri, 06 Nov 2009 10:32:56 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-05.htmlThe last few weeks brought nothing more than oversold / overbought situations in a sort of a sideways movement for all the majors. It might be that December, usually the most volatile month for the Greenback, will bring a change; most probably, in our view, it will be a change to the downside for the USD until year-end. But so far, only the sideways market will dominate, athough there is volatility enough to enter favorable trades intraday. What is interesting is that the incoming fundamentalThu, 05 Nov 2009 11:01:00 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-04.htmlAnd most probably the first to recover against the dollar, considering the oversold status of this market. That the pound has a downside volatility bigger than other currencies is not a surprise. Taking together all the fiscal and monetary expansion to fight the recent crisis (including yesterday's RBS increased bailout), the QE amount per head of the country is bigger than that of the U.S. That increases the vulnerability to future inflation compared to other countries, although we findWed, 04 Nov 2009 11:11:13 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-04.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-03.htmlDespite worried stock markets about the banking industry, CIT financial trouble in the U.S. and UBS disappointment in Switzerland, the dollar gained only slowly yesterday against its major partners. As a matter of fact, the whole chart patterns still point towards a sideways market, with resistance on the upside for the USD now about being met. We see that resistance not being broken for the time being, on the contrary, since there is rather a chance that from there renewed weakness for the USDTue, 03 Nov 2009 11:11:31 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-02.htmlIt is widely believed in market circles that the USD will go lower towards year end. We agree, based on both technical and fundamental facts. But the question is not if, but how, the Greenback will lose further ground. As observed during the last months, it is a moderate downtrend, interrupted always by recoveries. So the pendulum swings back and forth, on a down slope. We think that will be the case for the near future, too, measured by technical indicators of an overbought and oversold marketMon, 02 Nov 2009 11:18:48 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-11-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-30.v02.htmlAfter cleaning up the previous heavily oversold position of the USD in the major pairs, as indicated by several technical aspects, the market most probably will consolidate its levels reached by now. That would mean a USD remaining for the time being on these higher levels, before another move is directional again, while we assume this will be another down move before year end. Yesterdays`s first official estimate of the U.S. third quarter GDP shows an increase above the most optimisticFri, 30 Oct 2009 11:29:59 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-30.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-30.htmlFri, 30 Oct 2009 11:24:07 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-30.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-29.htmlThe major pairs are on a down correction move, ironing out their previous heavily overbought situation against the USD. But there is also a fundamental reason for the loss of upward momentum.The USD is still caught in an inverse correlation with the stock markets. There is a reason for that inverse correlation. It is still widely believed that the U.S. economy will recover first, compared to Europe, and therefore will be the first to suffer inflation. We doubt that the inflation problem willThu, 29 Oct 2009 11:46:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-29.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-28.v02.htmlAlthough we expect the important support lines for the USD (for instance, CHF / USD 1.000, EUR / USD 1.5050) to be broken, we must give the Greenback still some time before that materializes. Longer term, the currency is still in an oversold postion, which has to be corrected first. Accordingly, the USD is enjoying some recovery right now, in a move we expect to remain for the rest of this week. Our outlook for today`s trading is consistent with that opinion. We therefore would profit from someWed, 28 Oct 2009 11:12:22 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-28.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-27.htmlThe phenomenon of an inverse correlation with the stock markets confirmed itself again: The stock markets, full of optimism recently and accordingly overbought, have now corrected, while the dollar, overshadowed by inflationary pessimism and accordingly heavily oversold against its trading partners, recovered yesterday, gaining against all the majors and commodity currencies.This European morning the recovery seems to go on, and we see some more up correction trading opportunities. We thereforeTue, 27 Oct 2009 11:06:22 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-27.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-26.htmlTrue, short-term the Greenback is looking now more for consolidation and upward correction, but the long-term downtrend is not to be overlooked. That would mean that once this consolidation near the 1.000 level is over, the next downward potential would lead us to 0.9400 first, then, following another minor correction, the offers would again bring us to the 0.8500 mark. Now these are only technical aspects, of course, but the fundamental side does not look much better either. For today`sMon, 26 Oct 2009 12:03:34 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-26.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-23.htmlThe unbroken optimism in the stock markets and the growing trust for the global economy brought the USD to its lowest levels of this year. Inflation is feared in the US, where the monetary and fiscal expansion was the earliest and mightiest, compared to other nations. But inflation must not spiral out of control just because of monetary expansion of a nation, even not then when it is the biggest economic power in the world. There are other factors playing an important role, too, like capacityFri, 23 Oct 2009 08:31:17 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-22.htmlA report out of China showed their economy expanded at 8.9% which was less than most expectations and resulted in a wave of profit-taking in Asian share markets overnight. True to the inverse relationship of equity prices and the U.S. dollar, the Greenback rallied from yearly lows that it suffered in yesterday's European and U.S. trading. The Asian equity sell-off has spread to European share markets which, in early European trading, are broadly lower. The lower share prices along withThu, 22 Oct 2009 10:00:16 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-21.htmlThe U.S. currency remains lower overnight in Asia and during early European trading. Many traders have focused their trading goals on important dollar levels such as 1.5000 against the euro and 1.0000 against the Swiss franc, which seems to keep the Greenback on the defensive. Also, we have heard many traders referring to the lack of "strong dollar" rhetoric out of Washington as a reason to sell the dollar. Caution must be maintained, though, as the dollar is technically very oversold and weWed, 21 Oct 2009 10:22:56 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-21.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-20.htmlThe U.S. dollar is lower today as investors embrace higher risk investments. The currency markets are still being dictated by the level of equity prices and any rally in stock markets translates immediately into lower dollar prices as investors sell their safe-haven dollar positions in favor of positions in higher risk and yielding currencies. We do not see any end to this trend and a continued rally in share markets will take the U.S. dollar lower. Today, the economic reports to watch are theTue, 20 Oct 2009 10:38:49 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-16.htmlWhereas the U.S. dollar continues its decline against most majors and all commodity currencies, it has managed to gain against the Japanese yen in recent days to over 91.00 yen per dollar. According to the leading news providers, such as Bloomberg and Dow Jones News, the yen has already succumbed to profit-taking while the euro, Sterling and Swiss franc are poised to fall against the dollar due to the fact that they are currently in overbought territory. We feel that the dollar's decline thisFri, 16 Oct 2009 10:43:47 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-15.htmlThe move above 10,000 in the Dow Jones Index has given confidence to investors seeking risk and has translated into a sharp dollar fall against the majors and commodity currencies. The Greenback has recovered some of its losses in early European trading but sentiment is still firmly set for continued dollar weakness. Of all the factors affecting currency trading, equity prices remain the most important and should be considered when trading currencies. Today's economic reports include CPI forThu, 15 Oct 2009 10:37:15 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-13.htmlCurrency markets are currently stuck in very narrow trading ranges in early European trading today despite the important German ZEW report, which showed an unexpected weakening in the expectations over the next six months for the German economy. With no economic reports expected this afternoon from the U.S., we expect the currency markets to remain subdued today. by Steve Nigg Intraday Market Outlook for Day Traders EUR / USD The EUR / USD is currently priced at 1.4795, up from the low atTue, 13 Oct 2009 10:04:16 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-13.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-12.htmlThe dollar outlook this week can be summed up by the reports from major central banks as to the positions of their reserve currencies and the CFTC report of futures positions held by large institutional traders. The latest weekly CFTC report of traders' positions shows an increase of short dollar positions against every major and commodity currency with the exception of the yen. Also, a number of central banks reported that they have allocated a larger portion of their reserves in currenciesMon, 12 Oct 2009 11:38:25 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-12.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-09.htmlYesterday, the U.S. dollar posted a new yearly low against the euro and fell sharply against all the majors, only to reverse course and rally overnight in Asian trading. Go figure. It appears that profit-taking and Bernanke's comment that the Fed will tighten monetary policy as soon as the economy improves are the reasons for the dollar rally. We maintain, though, our bearish outlook for the dollar and will look to this rally as an opportunity to establish new intraday short-dollar positions.Fri, 09 Oct 2009 10:04:06 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-08.htmlThe dollar's fall overnight in Asia prompted central banks in South Korea, Taiwan and the Philippines to intervene in the currency markets. The euro is the main beneficiary of the dollar's fall and is also trading higher against most of the world's major currencies in early European trading. The only barrier to the euro's rise may come from ECB president Trichet's speech today if he moans about dollar weakness. Market volume is currently low while everyone awaits the BOE and ECB, who will setThu, 08 Oct 2009 09:55:57 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-08.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-06.htmlIn Asian trading, rumors to replace the U.S. dollar as the sole currency to price oil and an unexpected rate hike in Australia sent the greenback lower with the Euro as the main beneficiary. Later as the RBA rate increase was absorbed and the rumors denied, the dollar remained under pressure which we fell will be the trend for today's currency trading. Of course, firm equity markets will be an important factor for this trend but currently European markets are higher and U.S. equity futuresTue, 06 Oct 2009 09:23:32 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-02.htmlThe dollar drifted higher overnight in Asian trading and is staying within narrow ranges today in early European markets. The sell-off in equity markets worldwide over the last two days has forced traders to cover short dollar positions but we do not see any serious accumulation of dollar long positions yet. Expectations for today's U.S. Non-Farm Payrolls at 14:30 CET have kept trading volumes low. Payroll surveys range betwween -175,000 to -225,000 and for the unemployment rate an increase toFri, 02 Oct 2009 10:47:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-01.htmlThe dollar enjoyed a brief rally during early European / late Asian trading, taking it to its current highest level against the majors today. We see this move as a reaction to the lower share markets in Asia and the European exchanges which opened in negative territory. This means that the inverse relationship between the dollar and share prices continues to be a factor in the currency markets and expect this condition to dominate today's currency trading. The important economic reports todayThu, 01 Oct 2009 10:43:50 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-10-01.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-30.htmlNo wonder - we will soon be in the fourth quarter, usually a weak time for the Greenback, being hampered by year-end balance practices. But this year brings a second thing: The currency is surrounded by inflation fears caused by the recent unprecedented monetary and fiscal expansion. What's more: The shining euro attracts money flow by still printing money with "quantitative easing." We therefore keep our strategy to an outlook for a weaker dollar towards the year end. For today's trading, weWed, 30 Sep 2009 11:15:53 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-30.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-29.htmlDespite calls for the dollar’s demise, the Greenback is experiencing a small rally today in early European trading. The catalyst for this move appears to be the Japanese Finance Minister, Hirohisa Fujii’s statement denying he supported a stronger yen and that “intervention in the currency markets to support the dollar against the yen cannot be ruled out.” The dollar has also recovered from oversold conditions against the Swiss franc, euro and British pound. Cable is also being pressured by theTue, 29 Sep 2009 10:20:10 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-29.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-28.htmlOur next market report will be tomorrow, September 29. Please note our new street address: Alfred Escher-Str. 26, 8002 Zurich. All other details remain the same.Mon, 28 Sep 2009 11:15:49 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-28.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-25.htmlSo far the Dollar was a little reluctant to go down against the Swiss Frank, quite in contrast to other major pairs. Now the CHF is pegged to the Euro, not officially, but obviously. The Swiss National Bank would do evrerything that the Fanc is growing too much against the Euro. That brings us to the conclusion that the market has a lot more donwside potential. Consider the fact that a lot of selling stops are already built in below the market, and you easily see the downside opportunity. ForFri, 25 Sep 2009 12:53:10 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-25.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-24.htmlThe so far oversold position of the USD is meanwhile corrected - it is still consolidating its lower levels in more or less quiet markets, without much volatility. Don’t be lulled by this more or less harmless overall sideways movement. A lot more sell stops have been built in meanwhile, waiting to be triggered. That goes quickly, usually, making markets like the EUR / USD and GBP / USD jump 150 basis points in minutes. Such a development we expect for today, Accordingly, we put our projectedThu, 24 Sep 2009 10:56:24 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-24.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-23.v02.htmlNot very far, but most probably down, not up. It is the fourth quarter that we are facing, usually a weak quarter for the dollar. Year-end business transactions is the main reason for it, speculation usually makes a big fuss of it, leading to absurd levels in the majors, especially towards year-end. Well, next year will be another year with other aspects, but for now we have to live with the dictate of the general opinion: the dollar is stigmatized with coming price inflation, ignited by theWed, 23 Sep 2009 11:24:12 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-23.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-22.htmlOut of the blue, the market came to sudden life this European morning, triggering sell stops in the dollar and leading it quickly to lower levels. The scenario is quite clear: A consolidation will follow, suggesting a sideways market. But beware, further sell stops are already now placed in the markets. If hit, they will lead to an even lower dollar very quickly. For today‘s trading, we limit our strategy to looking for favorable selling points for the dollar, as descibed below in the majorTue, 22 Sep 2009 10:44:49 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-21.htmlIt is quite normal that the dollar tends weaker in the fourth quarter, since many year-end transactions of the global economy have to be prepared, repatriating funds, for instance, and therefore distorting the Forex system a little. What makes matter worse is the talk surrounding the whole thing, Almost every time, the critics see a financial crisis (as if we would not have enough of that already), especially for the USD. They see it vanished, only to look a little puzzled when business returnsMon, 21 Sep 2009 10:25:35 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-21.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-18.htmlMeant, of course, is the current weakness of the dollar, right now pausing. No wonder, it was in a heavily oversold market, especially against the euro. Let’s put aside the economic factors now speaking for a weakness of the dollar (early inflation) and look purely at the technical factors. First, there is a clear downtrend visible in the longer (daily) to shorter-term time windows (4 hours). But second, there is for the time being also an oversold situation evident, which speaks for a pause inFri, 18 Sep 2009 10:36:18 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-17.htmlIt was not only the stock markets with their robust optimism for the economic future (inflation for the U.S. currency is feared, therefore the USD is tending weaker). It took the Fed’s chief Bernanke, to declare the recession in the U.S. as officially over now. That gave the dollar the rest. In the same time, Europe is far less convinced of a coming upturn for her economies, including the Eurozone, of course. This zone has been in deflation for 4 months now, with inflation below zero, far offThu, 17 Sep 2009 10:49:53 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-17.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-16.htmlIt may not look that dramatic, considering yesterday’s and today’s early morning trading, but the Greenback is fighting hard around its lows, just showing some small up corrections from time to time. It is a little early for the seasonally weak 4th quarter before it even began. Usually, that is the time for private and official institutions to repatriate funds for the year-end accounting. And the lowest point the USD generally reaches is the end of December. That the whole thing started soWed, 16 Sep 2009 10:55:33 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-15.htmlThere are two things benefitting the euro, most probably until the end of this year. First, there is the gradually delayed aspect of quantitative easing of the ECB in contrast to the U.S. Fed, the latter being mostly finished with that, while the ECB is still working on the job. True, the process of monetary printing by buying up bonds is a little more difficult in Europe, with its fragmented bond markets. But the outlook of big capital gains in the bond markets - especially the German Bunds,Tue, 15 Sep 2009 10:14:53 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-14.htmlA little too early, in our opinion. Something is wrong with the markets, Seasonally the Dollar performs weaker during the 4th Quarter, especially in December, with business repatriating funds, as well as sovereign funds of the BRIC countries - Brazil, Russia, India and China which play a big role here. But not that early as this Year. On the one side, there is inflation fear, rightly so, because of the mammoth fiscal and monetary expansion. And then, this inflation fear puts a lid on theMon, 14 Sep 2009 10:10:51 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-14.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-11.htmlAsk anyone nowadays about the future of the Dollar, and the answer is: it will almost vanish. Compare this opinion with the fact that oil, commodities, airplanes, big machines, infrastructures, ships, freight, precious metals and diamonds, and most of the food is priced in Dollars in this world, then you see how senseless this opinion is. Vanish, replaced by what? The Yuan? Perhaps in 50 years, when we're governed by Chinese mandarins. The Euro? A currency agreement between sovereign statesFri, 11 Sep 2009 09:13:17 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-11.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-10.htmlThe present hallelujah on stock market floors, trumpeting an economic recovery ahead is a little overdone. First, the earnings season has not set in yet. Second, the credit conditions for business are nearly as bad as during the worst point of the crisis, with banks giving no quarter to ease, although they are buying their funds at near zero percent. Of course, they are earning big money now, but this is temporary, and the economy does not only consist of a financial sector. So it could easilyThu, 10 Sep 2009 11:16:02 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-10.htmlhttp://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-09.htmlIt looks like an implicit currency agreement, where the different currencies are allowed to move in a certain range - overshooting will be corrected soon. That is Forex today, after a financial and economical shock wave, which is over now. But it has after-effects, coming up now to the surface. Even central banks consider their role newly, as their meeting in Jackson Hole revealed. They are not speaking of contributing to stability anymore, they are talking of their responsibility to preventWed, 09 Sep 2009 11:44:05 GMThttp://www.fxstreet.com/technical/forex-strategy/info@swissetrade.com (Swiss e Trade AG)http://www.fxstreet.com/technical/forex-strategy/daily-trading-forecast/2009-09-09.html