EUR/USD Open 1.4833 High 1.4900 Low 1.4766 Close 1.4826Euro/Dollar continued decreasing on Monday, from the 1.4900 peak to the 1.4766 bottom, closing the day at 1.4826. On the 3 hour chart the upward channel was broken downwards,...
Due to a much better than expected U.S Non-Farm Employment Change figures for November, the Dollar rose against all the major currencies on Friday. Moreover, this has been one of the first times since the recession began...
Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always provides for extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the...
EUR The European Central Bank said on Thursday that it would slowly start withdrawing the emergency liquidity it doled out during the recent economic crisis, stating that the next 12 month refinancing operation for banks would be...
Forexpros Daily Analysis Dec 3, 2009 About Wayne: Mr.McDonell is the Chief Currency Coach at FX Bootcamp, a live forex training organization that teaches traders how to develop conservative trade plans based on technical and fundamental analysis,...
USD/JPY Open 87.62 High 87.91 Low 86.61 Close 87.37Dollar/Yen climbed on Wednesday, as expected, up to the 87.66 top, closing the day at 87.37. The upward adjustment scenario, which had created convergence, remains intact, but has now...
JPY The Japanese Yen continued its slide on Wednesday after traders continued to interpret Tuesday’s last minute meeting by the Bank of Japan, as well as a bullish stock market as a reason to unload the low-yielding...
GBP/USD Open 1.6661 High 1.6720 Low 1.6552 Close 1.6627Pound/Dollar made a lowering attempt on Wednesday, sliding down to the 1.6552 support, but failed to continue the downward momentum, and turned sharply upward, drilling up the 1.6995 resistance,...
The U.S. Dollar rallied against the Yen on Wednesday amid speculation that the Japanese government would intervene in order to prevent its currency from rising any further. The intervention would be an attempt to help the Japanese...
EUR/USD Open 1.5066 High 1.5107 Low 1.5035 Close 1.5044Euro/Dollar continued climbing on Wednesday up to the 1.5107 top, but failed to keep the ascending momentum and corrected down to the 1.5035 bottom, closing the day at 1.5044....
