Daily International Forex Rates & its Analysis – October 12, 2009

International Forex Rate

Major Currencies
Currency
Units per USD USD per Unit
Australian Dollar AUD 1.2488 0.8008
Canadian Dollar CAD 1.0903 0.9172
Euro EUR 0.7074 1.4137
Japanese Yen JPY 95.4654 0.0105
Pakistan Rupee PKR 81.11 0.0123
U.A.E Dirham AED 3.6727 0.2723
UK Pound Sterling GBP 0.6179 1.6185
US Dollar USD 1 1
Other Currencies
Currency
Units per USD USD per Unit
Afghanistan Afghanis AFN 50.0901 0.02
Albania Leke ALL 94.0275 0.0106
Algeria Dinars DZD 72.11 0.0139
Argentina Pesos ARS 3.7442 0.2671
Bahamas Dollars BSD 1 1
Bahrain Dinar BHD 0.377 2.6523
Bangladesh Taka BDT 68.95 0.0145
Barbados Dollars BBD 2 0.5
Bermuda Dollars BMD 1 1
Brazil Reais BRL 1.972 0.5071
Bulgaria Leva BGN 1.3832 0.723
CFA BCEAO Francs XOF 464.0141 0.0022
CFA BEAC Francs XAF 464.0141 0.0022
Chile Pesos CLP 563.735 0.0018
China Yuan CNY 6.8293 0.1464
Colombia Pesos COP 2138.5 0.0005
Comptoirs Francais du Pacifique Francs XPF 84.4135 0.0118
Costa Rica Colones CRC 577.3 0.0017
Croatia Kuna HRK 5.202 0.1922
Czech Republic Koruny CZK 19.04 0.0525
Danish Krone DKK 5.2614 0.1901
Dominican Republic Pesos DOP 35.9001 0.0279
East Caribbean Dollars XCD 2.685 0.3724
Egypt Pounds EGP 5.6167 0.178
Estonia Krooni EEK 11.0682 0.0903
Fiji Dollars FJD 2.1272 0.4701
Hong Kong Dollar HKD 7.7525 0.129
Hungary Forint HUF 200.39 0.005
Iceland Kronur ISK 121.695 0.0082
IMF Special Drawing Rights XDR 0.6514 1.5352
Indian Rupee INR 47.12 0.0212
Indonesia Rupiahs IDR 10202.5 0.0001
Iran Rials IRR 9683.5 0.0001
Iraq Dinars IQD 1158.6 0.0009
Israel New Shekels ILS 3.98 0.2513
Jamaica Dollars JMD 88.4806 0.0113
Jordan Dinars JOD 0.709 1.4104
Kenya Shillings KES 78.35 0.0128
Kuwaiti Dinar KWD 0.2872 3.482
Lebanon Pounds LBP 1509.5 0.0007
Malaysian Ringgit MYR 3.485 0.2869
Mauritius Rupees MUR 32.4003 0.0309
Mexico Pesos MXN 13.1225 0.0762
Morocco Dirhams MAD 7.9679 0.1255
NewZealand $ NZD 1.5603 0.6409
Norwegians Krone NOK 6.2891 0.159
Omani Riyal OMR 0.3851 2.597
Peru Nuevos Soles PEN 3.02 0.3311
Philippines Pesos PHP 47.1143 0.0212
Poland Zlotych PLN 3.1877 0.3137
Qatari Riyal QAR 3.6402 0.2747
Romania New Lei RON 2.9634 0.3375
Russia Rubles RUB 30.8535 0.0324
Saudi Riyal SAR 3.7503 0.2666
Singapore Dollar SGD 1.4437 0.6927
South Africa Rand ZAR 7.9428 0.1259
South Korea Won KRW 1252.85 0.0008
Sri Lanka Rupees LKR 114.92 0.0087
Sudan Pounds SDG 2.345 0.4264
Swedish Korona SEK 7.5542 0.1324
Swiss Franc CHF 1.0678 0.9365
Taiwan New Dollars TWD 32.5045 0.0308
Thai Bhat THB 34.3125 0.0291
Trinidad and Tobago Dollars TTD 6.23 0.1605
Tunisia Dinars TND 1.3469 0.7424
Turkey New Lira TRY 1.5366 0.6508
Venezuela Bolivares Fuertes VEF 2.15 0.4651
Vietnam Dong VND 17770 0.0001
Zambia Kwacha ZMK 5100 0.0002

Daily Forex Analysis

EURUSD Analysis.

Being contained by 1.4843 previous high resistance, EURUSD pulled back from 1.4816 last Friday, suggesting that a short term cycle top is being formed on 4-hour chart. Key support is now located at 1.4649, a break below this level will confirm the cycle top and indicate that the uptrend from 1.4484 has completed, then the following downtrend could take price back to 1.4550 area. However, a break above 1.4843 previous high will suggest that the uptrend from 1.3748 (Jun 16 low) has resumed, then further rise is expected to 1.5000 level.

20091012_eurusd_1

USDJPY Analysis.

After breaking below 88.24 support, USDJPY rebounded sharply from 88.01, suggesting that a short term cycle bottom has been formed on 4-hour chart. Further rise to test 90.40 key resistance could be seen later today, a breakout of this level will indicate that the downtrend from 97.78 (Aug 7 high) has completed at 88.01 level already, then the following movement will be treated as uptrend from 88.01 and target would be at 94.00 zone. However, a breakdown below 88.01 support will take price to test 87.12 (Jan 21 low) long term critical support.

20091012_usdjpy_1

GBPUSD Analysis.

GBPUSD failed to test 1.6125 resistance and formed a short term cycle top at 1.6120 level on 4-hour chart. Deeper decline towards 1.5770 previous low could be seen later today, a break below this level will indicate that the downtrend from 1.6741 has resumed, then next target would be at 1.5500-1.5600 area.

20091012_gbpusd_1

USDCHF Analysis.

USDCHF consolidates in a range between 1.0231 and 1.0358. Another rise to test 1.0358 key resistance could be seen later today, a break above this level will suggesting that the fall from 1.0452 has completed at 1.0231 level already, then the following rebound could be seen to 0.4150 zone.

20091012_usdchf_1

USDCAD Analysis.

USDCAD dropped sharply to as low as 1.0405 so far. Further decline is still in favor in a couple of days and next target would be at 1.0250-1.0300 area. Resistance level is now at 1.0500, above at 1.0648, as long as these levels hold, downtrend will continue.

20091012_usdcad_1

AUDUSD Analysis.

AUDUSD remains in uptrend from 0.8567 and the pullback from 0.9089 is more likely consolidation of uptrend. Near term support is at 0.8960 followed by 0.8865, as long as 0.8865 key support holds, we’d expect uptrend to continue and a break above 0.9089 will signal resumption of uptrend.

20091012_audusd_1

SOURCE: forexkp & forexcycle.com

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