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The dollar is beaten across the board as expectations for QE3 mount towards the Fed decision. One of the currencies that enjoys dollar printing is the Aussie. However, this time is somewhat different, with the Aussie lagging instead of leading.

The blame partially falls on China, but not only on the economic giant. The pair is also limited by downtrend resistance.

AUD/USD is now trading around 1.0450, after falling from above 1.05. During the summer, the Aussie was struggling to break above 1.06. Note the downtrend support line starting from the peak of 1.0856 at the end of February and was formed in the summer around the aforementioned 1.06 line:

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/audusd-somewhat-left-out-of-the-celebration/"]AUD/USD ...

Forex Trades 09/13 - US session - by [URL="www.forexticket.us"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.us/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/usdjpy"]USD/JPY - US Dollar / Yen[/url][/b]
[b]Entry[/b]: 77.7
[b]Stop[/b]: 77.95
[b]Resistances[/b]: 79 - 78.3 - 78
[b]Supports[/b]: 76.6 - 77.35 - 77.55

[b][img]http://www.forexticket.us/images/_V3img/fleches/flat_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/gbpusd"]GBP/USD - British Pound / US Dollar[/url][/b]
[b]Resistances[/b]: 1.6195 - 1.6165 - 1.613
[b]Supports[/b]: 1.598 - 1.6035 - 1.608

[b][img]http://www.forexticket.us/images/_V3img/fleches/flat_arrow_16.png[/img] ...

Dollar/yen fell to levels last seen on February 14th, continuing the weekly slide. The pair which behaves in the best manner to US indicators is undoubtedly pricing in an announcement of QE3 from the Federal Reserve.

At these levels, a potential disappointment will likely reverse this trend. What will happen if Bernanke indeed announces QE3? We could get the exact same reaction - sell the rumor, buy the fact. Time for USD/JPY Long?

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdjpy-at-7-month-low-ahead-of-the-fed-time-to-go-lond/"]USD/JPY at 7 Month Low Ahead of the Fed – Time to go Long?[/URL][/I][/B]

EUR/USD has enjoyed a great week, and the pair is steady ahead of a crucial FOMC meeting later today, amid speculation that the Federal Reserve may announce QE3. Will Bernanke finally pull the trigger? Or will he wax eloquent but stand pat? The euro got a nice boost from Wednesday’s decision by a German court that the ESM bailout package was constitutional. However, the court did set conditions on German participation. In the Netherlands election, the conservative Liberal party won the most seats, but caretaker PM Mark Rutte will now be tasked with forming a new coalition government. In addition to Bernanke’s remarks later today, the markets are awaiting a host of releases out of the US, highlighted by Unemployment Claims and PPI.
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