GBP/USD Open 1.5766 High 1.5918 Low 1.5650 Close 1.5752Pound/Dollar continued descending on Thursday from 1.5918 to 1.5741, closing the day at 1.5752. On the 1 hour chart we have a very well shaped downward channel and our...
Following an intense trading session, on which gold dropped below $1,060 an ounce, crude oil declined to $72.40 a barrel and the EUR/USD fell to the 1.3670 level, another exciting trading day is expected before the weekend...
EUR/USD Open 1.3742 High 1.3902 Low 1.3673 Close 1.3723After the significant correction at the beginning of this week, Euro/Dollar declined sharply on Thursday, as expected, from 1.3902 down to 1.3716, closing the day at 1.3723. That put...
Market Review – 04/02/2010 22:57 All times in GMT Dollar and yen roar on renewed risk aversion as fiscal woes in Europe continue Euro plunged to a more than eight-month low against the dollar and a nearly...
USD/JPY Open 90.83 High 91.24 Low 90.09 Close 90.97Dollar/Yen is trading this week with an increase on the 15 minute chart. On the bigger picture on the 1 hour chart there is also upward channel formed, staring...
Market Notes: Yesterday’s U.S. ADP Non-Farm Employment Change survey has published better than expected at -22K vs. -31K expected. The ADP is a good indication of what tomorrow’s figure will look like, which in my opinion can...
ForexPros Daily Analysis February 4, 2010 Fundamental Analysis: Unemployment Rate Traders of the US anticipate the publication of the unemployment rate tomorrow, February 5. It measures the percentage of the total labor force that is unemployed but...
Both Britain and Europe to announce rate decision, one day ahead of U.S Non-Farm Payrolls Previous Sessions• USD ADP Non-Farm Employment Change out at -22K versus expected -31K, prior -61K• USD Non-Manufacturing PMI out at 50.5 versus...
GBP/USD Open 1.5915 High 1.6060 Low 1.5869 Close 1.5892On Wednesday Pound/Dollar climbed to 1.6060, where the bullish momentum was limited, from which point the Cable collapsed down to 1.5881, closing the day at 1.5892. That puts the...
The USD was higher against its major counterparts Wednesday, heading toward its highest levels versus the EUR since last summer, following the release of better than expected economic data from the U.S.
