FX.co ★ USD Review 14-04-2011

USD againts Major Pair Review :

The USD Dollar weakened againts almost all major pairs except the GBP that traded in a ranging situation againts the USD. Againts the EUR, CHF and the YEN, the USD is still in a downside situation.

USD Againts Commdoll :

Againts the Commodity Dollar Pair, the USD still looks weak as well, event againts the CAD and the AUD, the USD strengthened slightly, but the bearish pressure for the USD is still in advance.

Conclusion :

Because the USD still has a bearish pressure in almost all Major Pair and the Commodity Dollar, we predict for today that the USD will be still in a downtrend situation againts all the major and the comdoll pair.