Daily International Forex Rates & its Analysis – November 10, 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.

EURUSD’s uptrend from 1.4626 extended to as high as 1.5020. Further rise to test 1.5062 is possible later today. Support is now located at the rising trend line from 1.4626 to 1.4811, as long as the trend line support holds, we’d expect uptrend to continue, however below the trend line support will suggest a minor consolidation is under ways, then pullback to 1.4920-1.4950 is expected to follow.

20091110_eurusd_1

GBPUSD Analysis.

GBPUSD broke above 1.6741 (Sept 11 high) critical resistance, suggesting that the longer term downtrend from 1.7042 (Aug 5 high) has completed at 1.5708 level already. Further rise is now in favor and next target is to test 1.7042 previous high resistance. Support level is now at 1.6700 followed by 1.6610, as long as these levels hold, uptrend from 1.6262 will continue.

20091110_gbpusd_1

USDCAD Analysis.

USDCAD dropped below 1.0594 support and the fall from 1.0852 extended further to as low as 1.0542 level. Deeper decline to 1.0450-1.0500 area to reach next short term cycle bottom on 4-hour chart is still possible in a couple of days. However, the fall from 1.0852 is more likely correction of uptrend from 1.0206, another rise towards 1.1000 is still possible.

20091110_usdcad_1

USDJPY Analysis.

USDJPY stays in a trading range between 89.44 and 91.26. Moving sideways in the range is possible later today. Below 89.44 could signal deeper decline towards 88.83 support. On the up side, key resistance is located at 91.26, above this level will suggest that the uptrend from 88.01 has resumed, then another rise towards 94.00 is expected to follow.

20091110_usdjpy_1

USDCHF Analysis.

USDCHF is testing 1.0032 previous low support, break below this level will indicate that the downtrend from 1.1021 (June 24 high) has resumed, then deeper decline could be seen to 0.9900 area. Near term resistance is at falling trend line from 1.0338 to 1.0201, as long as the trend line resistance holds, we’d expect downtrend from 1.0338 to continue.

20091110_usdchf_1

AUDUSD Analysis.

AUDUSD has reached the previous high resistance at 0.9326, consolidation would more likely be seen before breaking above this level and pullback to 0.9200 is possible. However, a break above 0.9326 will confirm that the longer term uptrend from 0.7703 (July 13 low) has resumed, then another rise towards 0.9500 could be seen.

20091110_audusd_1

SOURCE: forexkp & forexcycle.com

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