http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-20.htmlWhat happened Asian stocks falling, plus Japan’s government officially declaring that the economy has fallen into deflation due to weak domestic demand, has kick started a dollar rally that extended to American session; adding to negative sentiment regarding high yielding currencies, was the approach of the year end, that push investors to adjust positions.  Early economic data show that the Swiss recovery is not strong as it was believed: retail sales earlier this week were quiteFri, 20 Nov 2009 16:15:23 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-20.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-19.htmlWhat happened Following Wall Street, Asian shares fell dragging dollar and yen higher across the board, a movement that extended to Europe, and continues in American session. However, Euro managed to hold above 1.4840 support area against greenback, despite general risk aversion sentiment has pushed gold almost $ 20 to the downside, from yesterday’s high. Battle among dollar destiny, is no doubts in the European currency hands: as long as the pair remains above the 1.4740 area, greenbackThu, 19 Nov 2009 15:54:25 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-19.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-17.htmlWhat happened Another sign of how mixed and fragile is current market sentiment come again from Asia, after the Reserve Bank of Australia admitted that the pace of further Australian rate increases is an "open question”, halting optimism across the board. Australia is receiving this king of attention, as it has been the first major economy to start moving rates higher since the credit crunch. However, without confirming further raises for next months, is retreating from previous hawkishTue, 17 Nov 2009 15:45:40 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-17.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-16.htmlWhat happened Since early Asian opening, dollar weakness was clear across the board; after past Friday failure to extend Thursday rally, as disappointing U.S. data failed to seriously dent the positive mood on Wall Street and stocks keep rising along with gold, greenback regained the bearish momentum. In Japan, stronger-than-expected -quarter growth data, along with a rally in the price of gold to a new record high (already overcome in U.S. session) contributed to the rise optimism. Even yenMon, 16 Nov 2009 15:46:45 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-16.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-13.htmlWhat happened Despite stocks fell with Nikkei closing down 0.35%, dollar failed to extend the rally started early Thursday, and lost some ground against major rivals as Asian investors maybe take the chance of profiting from their dollar trades. Supporting also dollar falls, was early European data, that shown euro zone is out or recession, at least from the GDP point of view: the third quarter data from Germany and France data show, German economy expanded at a faster pace 0.7%, while FranceFri, 13 Nov 2009 14:01:26 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-13.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-12.htmlWhat happened Asian session started very different from what we are seeing now in Europe and America: after better than expected Australian employment data, dollar fell across the board, pointing for more risk appetite as also gold reached the $ 1120/oz level, record high. However, chance rapidly change after regional stocks fell, sending EUR/USD back under the 1.5000 level, and GBP/USD under the 1.6600 zone. Early Europe, dollar rally extended across the board, despite European stocks managedThu, 12 Nov 2009 15:14:48 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-12.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-11.htmlMarket has spent the week in a tight range, still with dollar bearish across the board, after past Friday’s unemployment data; with U.S. markets close due to Veteran’s day, trading remains choppy and volume extremely low across the board. Despite that, U.S. futures keep rising, with S&P above 1100 points and DJIA around 10310 points, pointing for more risk appetite as optimism grows, also supported by gold price, that reached the $ 1118/oz. Majors are giving up some ground at the end of theWed, 11 Nov 2009 16:46:41 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-11.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-05.htmlWhat happened After the so long awaited data, and usual spikes, both Euro and Gbp are barely above pre data levels against dollar, as any of both Central Bank had shock markets, keeping rates and policy accordingly to expectations. First, BOE said Thursday that the world economy has shown signs of recovery, with a number of emerging markets economies experiencing a strong rebound, but that financial conditions remain fragile. They kept rates unchanged and slowed the pace of bond purchases,Thu, 05 Nov 2009 15:49:54 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-05.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-04.v02.htmlWhat happened Since gold break previous historical high last Tuesday, risk appetite remains in good shape across the board. The metal reached a $ 1095/oz high early Europe, supporting dollar and yen loses across the board. Pound rose strongly after an improvement in Services PMI that rose to 56.9 above expectations, sending GBP/USD to an intraday high of 1.6540, where the pair consolidate till U.S. opening. Despite U.S. data failed to accomplish previous month readings , as both ADP and ISMWed, 04 Nov 2009 15:38:06 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-04.v02.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-03.htmlWhat happened With markets close in Japan due to holiday, thin conditions exacerbated moves across the board, and we are currently seen the consequences. Action started after RBA rose rates to 3.5%, 0.25 bp as expected, triggering a spike of risk appetite against majors.  However, the lack of confirmations of further rate hikes ahead, quickly reverted the situation in the market, and after Aud fall majors follow favoring a strong greenback recovery that extended during European morning,Tue, 03 Nov 2009 15:44:54 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-03.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-02.htmlWhat happened Despite week started with dollar and yen higher against major rivals, movement did not last and high yielders revert early opening loses, to spent all the European morning directionless; with Euro and Swiss Franc practically unchanged from past Friday’s closing levels, Pound slump to an intraday low of 1.6330 after plans surfaced over the weekend to create three new banks from sold-off assets of three major U.K. banks that had been bailed out by the government. Also market isMon, 02 Nov 2009 16:38:01 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-11-02.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-29.htmlWhat happened Despite being the most important and expect report of the day, many things happened since Asian opening: Japanese yen continued rising after Nikkei 225 lost more than a 2% in the first hour, breaking under 10000 points level, and sending Euro briefly under the 1.4700 level. Pessimism ruled the Asian session, with dollar consolidating or extending gains across the board, and yen gaining ground at a strong pace. Pound was a clear exception, remained well supported against greenbackThu, 29 Oct 2009 16:08:14 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-29.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-28.htmlWhat happened As happened since weak started, Asian session has been mostly corrective particularly for European majors, with small dollar contrarian movements; falling local stocks triggered more risk aversion, sending investors to seek refuge in dollar and yen that raised against major counterparts on speculation the global economic recovery will slow down. Euro continued losing ground, unable to regain the 1.4800 level clearly against greenback, while GBP/USD hold a slightly bullish tone,Wed, 28 Oct 2009 16:37:42 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-28.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-27.htmlWhat happened Asian session saw majors developing due corrective movements after past Monday’s rallies, limited by strong dollar support levels, and setting next sessions trend. U.S. treasuries hold the uptrend and stocks turned negative, supporting more dollar safe-haven demand across the board. Early Europe, Euro remained under pressure, after the ECB said the euro zone M3 money supply growth slowed to 1.8% year-on-year in September from 2.6% in August. Market was expecting a rise to 2.2%,Tue, 27 Oct 2009 16:11:50 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-27.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-26.htmlWhat happened Majors started the week close to past Friday’s closing levels, with dollar slightly up; however, it lost ground on China’s a report appeared in a Chinese newspaper backed by the Peoples Bank of China suggesting that the bank needs to diversify more of its reserves in the euro and the yen; also regional shares rose, pushing EUR/USD back to the year highs of 1.5060; GBP/USD reached an intraday low of 1.6250 before regaining some strength, yet Pound remains week after past week GDPMon, 26 Oct 2009 14:55:20 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-26.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-23.htmlWeekend thoughts Majors are ending the week less related to greenback that what a first glance can say. Most relevant data in Europe gave support to Euro that holds comfortable above 1.50, since early Asia. An improvement in euro zone manufacturing and services PMI, plus an increase above expectations of industrial orders, support the EUR/USD upside bias, despite falling stocks and commodities. Won’t be an easy level to break for Euro, yet a daily close under 1.4940, not seen at this point,Fri, 23 Oct 2009 16:01:52 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-23.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-12.htmlWhat happened Despite most of the big stocks market have been closed today, both Japan and U.S., currencies did not rest. Neither does gold that is back above $ 1050/oz while crude tested the $ 72.00 a barrel area. Commodities keep leading the way, sending U.S. futures higher, and dollar down across the board. Among currencies correlated with commodities, Canadian Dollar is the main winner today, after reaching 1.0315 levels, a 1 year high against greenback. Despite Wall Street remains close,Mon, 12 Oct 2009 14:08:08 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-12.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-09.htmlWhat happened Closing another week in market, this time with a slightly change been felt across the board; despite gold keeps strong and hit a fresh yearly historical high at $ 1060.50/oz, optimism has lost steam; EUR/USD failed to regain the 1.4800 level, thus bias remain slightly bullish at current point. One could have expect an approach to 1.50 area with such a strong movement in gold, compared to past weeks correlation with dollar and the commodity; however, we did not see a fresh yearlyFri, 09 Oct 2009 15:19:01 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-09.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-05.htmlWhat happened Market started the week in slow motion, with no much definition across the board. With Sydney close on holiday, majors spent most of the Asian session in tight ranges, except for Japanese yen crosses, that lost ground against most rivals, after Japanese Finance Minister Fujii state in G7 meeting he would likely intervene markets if yen remains one bias. Despite stocks movements, mostly down in Asian session, dollar is still depending on gold movements. With the commodityMon, 05 Oct 2009 16:28:42 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-10-05.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-30.htmlWhat happened No doubts, lots of things are going on in markets this end of September. Despite usually we have quiet days by the end of the month, markets are far from quiet. Asian session, dollar fell across the board, mounted on a strong recovery in gold prices, and U.S. futures, along with local shares market. Dollar fell to intraday lows of 1.6110 against GBP and 1.4680 against EUR, bringing back to markets optimism on global economic recovery. Gold regained the 1.000/oz level, andWed, 30 Sep 2009 15:22:03 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-30.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-29.htmlKey points for majors Doubts among investors extend, and the sentiment is quite good reflected in the currency markets. On one hand, we have the dollar strong bearish rally seen the past couple of weeks giving up, as traders found it may have been an overreaction; greenback seems ready for further gains in the midterm and close to confirm such movements, against a number of majors. On the other hand, gold, under $ 1000/oz, still strong and above the 980 support area, is keeping dollarTue, 29 Sep 2009 15:22:46 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-29.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-28.htmlWhat happened Despite seems to be a slow Monday as usual lately mayor changes had come across the board. Asian opening with Nikkei strongly down as all regional shares, triggered risk aversion across the board, sending dollar and yen higher with different strength and results. No doubts, Japanese Yen become the star as the USD/JPY hit an eight-month-low at 88.23 due to a growing view that U.S interest rates will remain low for longer than expected, and the Japanese Finance Minister HirohisaMon, 28 Sep 2009 15:46:31 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-28.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-25.htmlWeek is about to end exactly as it started: with a strong dollar bearish sentiment across the board, and with GBP being the only exception. Gold prices, that reached the $ 1020/oz. zone early in the week, are now just under the $ 1000 level, while U.S. stocks that begin the week clearly positive, had turned to the downside and are about to close negative, after these past two days not so encouraging U.S. data; despite that, and some short lived risk aversion rallies, seen here and there,Fri, 25 Sep 2009 16:15:01 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-25.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-23.htmlWhat happened Early Asia, dollar tumbled across the board, hitting fresh annual lows against Euro, Swiss Franc and commodity currencies, after the release of a better than expected GDP in New Zealand; the report, supported a risk appetite spike, that send dollar down to 1.4840 against Euro, from where the pair quickly retreat. Later, greenback regained some of the lost ground as Asian stocks went into negative territory, but with half markets closed due to holiday, volume remained low ahead ofWed, 23 Sep 2009 15:02:47 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-23.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-22.htmlWhat happened Holidays extend past Asian session, yet majors managed to keep running against greenback, with market unchanged: gold remains pretty well bid above $ 1000/oz, while risk appetite is in full shape, both pushing dollar day after day to fresh intra year lows against most rivals. Asian session trigger was better than expected NZD Current Balance that push the currency higher and dollar lower across the board. Only Gbp and Jpy remain far from year highs while the rest of theTue, 22 Sep 2009 15:55:24 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-22.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-21.htmlWhat happened With holidays in several Asian markets, including Japan, Singapore and India, greenback managed to regain ground in low-volume trade, bouncing back against dollar and yen, in what at this point could well be consider just profit taking and a technical correction after past week bearish rally. Gbp remains under pressure since Asian opening, unable to recoup ground with speculations of rate cuts ahead for next months. Gold, the main market driver had pullback to the $ 1000/oz area,Mon, 21 Sep 2009 14:51:59 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-21.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-16.htmlWhat happened Market had today one of those volatile, yet narrow trading days, with risk being the main driver of currencies. Gold reached an intraday high of 1020/oz, sending dollar to fresh yearly lows against most rivals, something we are seeing on daily basis at this point. EUR/USD reached the 1.4720 level early Europe, and Japanese Yen hit the 90.00 level, after Japan’s incoming Finance Minister Fujii says current forex moves are not rapid, that he is opposed to forex intervention ifWed, 16 Sep 2009 15:51:46 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-16.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-15.htmlWhat happened Quiet Asian session, with Japanese yen mostly lower across the board, after finance minister Kaoru Yosano on the undesirability of rapid foreign-exchange movements helped to support the dollar and euro against the currency. Majors mostly ranged, with Nikkei 225 closing the day negative, due to worries from local exporters; dollar trend remained generally bearish against any other rival. Plenty of data today both in Europe and the U.S., show that  German’s  investorTue, 15 Sep 2009 15:48:15 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-15.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-14.htmlWhat happened Greenback extend losses this Monday, despite some recovery during Asian session, triggered by  speculation trade protectionism between the U.S. and China will increase, boosting demand for the relative safety of Japan’s currency. The yen gained versus all 16 major counterparts after China announced a probe into the alleged dumping of American auto and chicken products, sparking concern trade disputes could derail the global economic recovery, yet Japan Minister of Finance,Mon, 14 Sep 2009 15:44:20 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-14.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-10.htmlWhat happened During Asian session majors mostly consolidate waiting for further clues to advance. BOE decision early Europe, was one of the main factors that kept market quiet, despite strong rise in Asian share markets. Maybe news don’t involved directly dollar, or Euro or Gbp, however two very important things happened past Asian session, that we all must take into account: one, New Zealand leave rates unchanged at 2.5% historical low, yet holding the easing bias, after governor BollardThu, 10 Sep 2009 14:54:28 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-10.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-09.htmlWhat happened After past Tuesday greenback bearish rally trough mayor key points, Asian session was mostly consolidative, advancing another wake of dollar weakness; gold prices, above $ 1000/oz, where no doubts the main driver of this dollar fall, also supported by rising stocks both in Europe and Wall Street, that keep well performing today. Fundamental data released today show that U.K. visible trade balance for the month of July printed a widened deficit to 6479 million pounds relative toWed, 09 Sep 2009 15:37:10 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-09.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-07.htmlWhat happened Majors remain mostly in range since early Asian opening, thus risk sentiment keeps dollar under some selling pressure across the board. Commodity currencies remain the main mover since early Europe, following gold prices that reached $ 995/oz, sending Australian and New Zealand dollars to fresh year highs. Market is extending last Friday’s sentiment, after the latest employment data from the U.S. failed to undermine a positive tone for greenback. Although the number of non-farmMon, 07 Sep 2009 14:38:31 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-07.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-04.htmlAt this point, we are getting used to be disappointed by market reactions. The so long awaited Nonfarm Payrolls report, show that, the number of unemployed people increased 216.000 last month, making the 20th consecutive month that the U.S. economy shed jobs, while unemployment rate rise to 9.7%; with market having the 10% figured already priced in, the news failed to send majors out of the ranges we are seeing since early June. Euro approached to 1.4190, rebounding to the upside, to remainFri, 04 Sep 2009 15:40:38 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-04.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-03.htmlWhat happened in Asia and Europe Currency market remains moving regarding stocks mood, so the  sharp rally in Chinese shares boosted sentiment in risky assets and pushed the dollar and the yen back down; early Europe, sentiment remain strong, sending GBP to test the 1.6410 level, and Euro close to 1.4340 resistance zone. Early data also support the rise in both currencies, as Euro zone final services rose to 49.9 from a previous reading of 49.5, while the U.K. Services PMI also roseThu, 03 Sep 2009 15:52:48 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-03.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-02.htmlWhat happened in Asia and Europe Despite risk aversion/appetite movements, despite falling rising stocks and despite good and bad fundamental data, majors remain trapped in previous three month ranges. Except maybe Japanese yen that looks a bit stronger, yet also approaching to strong midterm support level, still market has not found a way out. Uncertainty continues ruling forex market, yet from early Asia, a general decline in equity markets helped dollar and mostly yen to post gains againstWed, 02 Sep 2009 15:14:14 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-09-02.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-31.htmlWhat happened in Asia and Europe Majors started the week almost unchanged, except for Japanese Yen, that after an historic election victory for Japan's main opposition party, appreciated against major rivals, with  USD/JPY falling  to as low as Y92.54 - its lowest level since July 13. The EUR/JPY fell to Y132.17, its lowest level since July 17, while GBP/JPY reached 150.00 zone. Later strong fall in Asian shares, lead by Shanghai composite that lost 5.3% triggered some upsideMon, 31 Aug 2009 15:30:42 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-31.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-28.htmlWhat happened in Asia and Europe After late U.S. session strong dollar bearish rally, majors spent most of Asian session consolidating around New York closing levels. Japanese yen lost some ground against dollar and Euro, as Japanese importers bought the two currencies ahead of their month-end book-closing. But rallies did not hold as weak Asian share markets encouraged short-term investors to buy back the safe-haven yen. Early Europe, dollar remained consolidating close to year lows againstFri, 28 Aug 2009 14:55:02 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-28.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-26.htmlWhat happened in Asia and Europe Past Tuesday quiet extended during Wednesday Asian session, with dollar and euro slightly up against the yen, following firmer regional share markets; Nikkei 225 was up 1.4%, compared with its closing price of 10,497.36 Tuesday. Meanwhile, the Shanghai Composite Index, commonly seen as a gauge of the state of the Chinese economy, was 1.5% higher, recovering some of past week losses. European morning was also quiet, despite German business confidence rose for aWed, 26 Aug 2009 15:45:54 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-26.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-25.htmlWhat happened in Asia and Europe Asian session was mostly a slow range session, with Pound crosses extending previous last Monday their fall. The Shanghai Composite Index (Chinese stocks, closely watched these days, due to strong relation between China and U.S.) fall a 2.6%, while Nikkei 225 also fall 0.79%, falling to break above previous yearly high around 10630. European stocks spent the morning in red, while currencies barely move ahead of U.S. consumer confidence data. Confidence amongTue, 25 Aug 2009 16:05:29 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-25.htmlhttp://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-24.htmlWhat happened Greenback has been in positive territory since early Europe, even against yen that fell as gains in Asian shares bolstered investors' risk appetite and prompted increased buying of risk-sensitive units, against the Japanese currency. Only data in European today show euro zone industrial orders increased more than economists forecast in June, rising 3.1% from May, the biggest gain in 19 months. Despite that, EUR/USD remained capped under 1.4340 resistance level, spending most ofMon, 24 Aug 2009 15:57:00 GMThttp://www.fxstreet.com/technical/market-view/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/market-view/intraday-forex-technical-report/2009-08-24.html