The falling dollar, above all, by signs of global economic recovery

For www.Forexyard.com / s USD - The Test Bank could benefit the dollar earlier today, we can say that the dollar was influenced by two important factors. First, eagerly awaiting the test bank that the Obama administration is doing to the financial situation of the 19 biggest U.S. banks. Also, secondly, the swine flu continues to produce its effects. The U.S. currency lost ground against most currencies, and this week it is estimated that the dollar will continue losing terreno.Al beginning of the session today, the dollar rose to 1.3330 against the euro against the pound and the lowest in the area of ​​1.4960, breaking the lows last week against the pair. However, several analysts believe that the banking test of the Obama administration will show that the dollar is a safe currency contrast to what most investors think, a phenomenon that could certainly affect the latest data dólar.Los Americans who released ended up being positive, which boosted optimism worldwide. Analysts estimate that a dollar at 1.4500 against the euro and dollar at a level of 1.5100 against the pound could be achieved in the coming weeks.

Also, if the global situation continues to improve, many investors leave the forex market to invest in the stock market, and therefore the dollar will lose value as a safe haven. EUR - The euro benefited from the market fears the euro last week won a significant victory, made gains against most currencies. Currently the Euro reaches 1.3330 against the dollar against the pound and advanced towards the 0.8950 area in early hours of hoy.El fear the spread of swine flu continues to spread fear. On Thursday the United States will announce the American banking test data, and analysts estimate that the dollar will fall hard. On the other hand, apparently the Euro Area is in a better economic position to the thought, and the road to recovery seems to be clear. That is why this scenario succeeded in benefiting the euro. Analysts estimate that this trend will continue throughout this week semana.Además virtually no events scheduled for the Euro Area, and conversely in the United States, it is estimated that the events will be announced will be negative.

Usually when a region has not indicated its currency falls, however, test data bank would hit Americans hard dollar and the euro will benefit accordingly. It is estimated that the euro will advance in the coming days, and a level of 1.3600 against the dollar does not seem unrealistic. JPY - Yen's destiny is tied to the dollar?

In recent days, the yen fell against most currencies. The Yen hovered near 100.00 against the dollar and against the euro stood at 132.60. Nippon's economy continues to deteriorate, and many investors away from safe haven currencies continue the effects of swine flu. The yen seems to be the worst hit currency. The standing question is how long will this new trend in the United States yen.En published data with respect to American banks, however, there are doubts about whether the report succeeded in removing pressure on the yen. This week there will be no significant news coming from Japan, and is therefore, considered that the yen will hit the dollar. If the dollar fell during these days, the yen could be harmed. Several investors are ready to break away from their yen, and this at any price. OIL - Oil advances as the dollar falls Oil rose sharply during the last session. Friday began at $ 50.50, then reach the $ 53.00 late on Friday. Today in the early hours, the crude exceeded the area of ​​$ 53. What has caused this rise in oil? Analyze fundamental or macroeconomic factors appears to be a good point.

However, a clear reason for this trend is observed in oil, ie the depreciation of the dollar. Oil priced in dollars, and that is why both are in an inverse relationship. As the dollar fell due to a number of factors, such as the swine flu outbreak and the increased appetite for risk; oil, rose strongly. If the value of oil above $ 54 for this week, it is estimated that several investors will buy this commodity as it could reach a new stable value. In addition, investors should buy oil if the dollar falls, as it will be a safe investment. Technical News EUR / USD This pair fluctuates in the upper bands of the Bollinger bands, both in the hourly chart and in the 4 hour chart, so there is downward pressure. In the hourly chart, the RSI shows overbought, so the notion bassist PTO. Going short might be the preferable strategy. GBP / USD The 4 hour chart is a clear bullish formation. However, in the hourly chart, the RSI shows overbought, so that a downward correction will take place.

Going short might be the preferable strategy. USD / JPY pair Rising pressure now seems indicators, given that the 4 hour chart RSI is shown in overbought. Momentum When a setback, going short is the preferable strategy. USD / CHF The pair is trading within a range defined without specific direction. In the hourly chart's Slow Stochastic is showing mixed signals. On the other hand, the 4 hour chart also shows clear signs. Waiting for a clearer signal on hourly chart would be a good step. The Wild Card EUR / GBP After the fall of last week, the pair now shows signs of reversal. Bollinger bands suggest an increase. Investors may enter the trend and maximize profits. For www.Forexyard.com / s