EUR/USD (Support & Resistance (S&R): The EUR has fallen roughly 6% since reaching its high for the year back in late November. Here are some key levels of Support and Resistance. A breach of these levels would...
In the overnight session, the Nikkei fell by almost a percent amid concerns that Japan Airlines may be headed for bankruptcy. This follows a rather flat day on Wall Street as the DJIA closed down 1.67 points,...
USD/JPY Open 91.99 High 92.26 Low 91.53 Close 91.98Dollar/Yen made another wobbly movement on Tuesday, forming divergence on the 3 hour chart. The currency couple continued climbing from 91.53 to 92.07, closing the day at 91.98. Quotes...
Forexpros Daily Analysis Dec 30, 2009 Fundamental Analysis: Chicago PMI The Chicago PMI will be published tomorrow (Dec 31).The Chicago Purchasing Managers Index determines the economic health of the manufacturing sector in Chicago region.
Market Notes: Last days of 2009 the market is unpredictable. For example:· We’re used to an oil-CAD correlation, however today we see crude oil future prices are climbing up, but the CAD is a weakest currency of...
GBP/USD Open 1.5891 High 1.6068 Low 1.5878 Close 1.5902Pound/Dollar showed a strong increasing momentum on Tuesday, reaching a peak at 1.6068, from where the Sterling collapsed down to the 1.5878 bottom, closing the day at 1.5902. On...
USD Risk appetite returned on Tuesday in another lightly traded session that saw the Dollar fall to higher yielding currencies such as the Canadian and Australian Dollars. The last minute showing comes as there is some speculation...
The U.S dollar posted gains against most major currencies on Tuesday, boosted by a report showing a rise in U.S. consumer confidence this month. According to analysts, the ongoing gains in the Dollar are based on U.S....
EUR/USD Open 1.4341 High 1.4457 Low 1.4306 Close 1.4352On Tuesday Euro/Dollar continued its upward movement. The currency couple made a top at 1.4457, where the bullish pressure was limited, and started dropping down to 1.4339, closing the...
USD/JPY Open 91.71 High 91.78 Low 91.44 Close 91.63The formed hammer gave us a valid warning of upward continuation scenario. The currency couple had an increasing momentum on Monday to the 91.76 top and closed the day...
