Speculators More Than Double Bets Against Yen As Of March 13: CFTC

Traders speculating on the Chicago Mercantile Exchange piled on more than twice as many bets against the yen as of March 13, government data showed Friday. They held a net $ 6.4 billion in wagers that the yen will depreciate against the dollar, or 42,380 contracts, as the Bank of Japan's insistence... FF News: Fundamental

Baca Selebihnya @ FBSForexIndonesia.com

USD Index – Outside Daily Bar Pushes Price Toward Rising Channel Support

The US Dollar index retreated today and the daily candle challenges the follow-through of a recent bullish continuation breakout. It is not as strong a reversal signal as it closed below the previous candle, but the fact that the high is above the previous and the low is lower than the previous... FF News: Technical

Baca Selebihnya @ FBSForexIndonesia.com

USD/CHF Breaks Rising Trendline; Testing 0.9150 Pivot for Further Downside Risk

The 1H USD/CHF shows a market that is turning bearish. The RSI has dipped below 30 and failed to push above 60, dipping back again below 30 on the 3/16 price action following expected and subdued US CPI data for January 2012. The slide in USD/CHF broke below the 200 hour simple moving average and a... FF News: Technical

Baca Selebihnya @ FBSForexIndonesia.com