EURUSD The pair was able to breach the pivotal support mentioned yesterday at 1.2310 that has currently turned into resistance descending towards 1.2295, shown above. More bearish movement is expected for today due to stability achieved below breached...
Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and JPY, which are seen as a safer bet than others currencies in times...
EUR/USD Open 1.2185 High 1.2437 Low 1.2144 Close 1.2200After partial recovery on Tuesday on the next help package for Greece, the Euro continued decreasing. Euro/Dollar climbed to 1.2437, from where depreciated down to 1.2157 yesterday, in line...
USD/JPY Open 92.54 High 92.93 Low 91.77 Close 92.57Dollar/Yen traded within a range on Monday, in converse the Interbank sentiment at around -27%. Yesterday the currency couple depreciated to 93.00, from where it rose to 92.64, closing...
ForexPros Daily Analysis May 18, 2010 Fundamental Analysis: GDP (QoQ) Traders anticipate the publication of the Japanese Gross Domestic Product. GDP is the broadest measure of economic activity and is a key indicator for the economy’s health....
GBP/USD Open 1.4476 High 1.4549 Low 1.4279 Close 1.4471Pound/Dollar traded mainly with a decrease on Monday, in line with the negative Interbank sentiment at nearly -59%. The Cable depreciated yesterday from 1.4549 to 1.4279, than recovered partially,...
Yesterday started as a volatile day in which the EUR/USD pair continued to drop and Crude Oil traded below 70$ a barrel. However, during the New York trading hours, after several economic reports from the U.S.
EUR/USD Open 1.2388 High 1.2411 Low 1.2242 Close 1.2395The Euro traded within a range on Monday. Euro/Dollar was moving narrowly in the 1.2258 to 1.2411 scope yesterday, in converse with the Interbank sentiment projection, at nearly -12%,...
ForexPros Daily Analysis May 17, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders anticipate the German ZEW Economic Sentiment. The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment determines the sentiment of German institutional investors.
GBP/USD Open 1.4537 High 1.4641 Low 1.4815 Close 1.4530Pound/Dollar traded with a small decrease on Friday, in line with the negative Interbank sentiment at around -56%. The Cable depreciated on Friday from 1.4641 to 1.4505, closing the...
