The Dollar slid against its major currency counterparts following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may...
EUR/USD Open 1.5124 High 1.5144 Low 1.4961 Close 1.5136Euro/Dollar made a significant increasing movement on Wednesday, sliding in the upward channel, with later correctional retreats, an indication for a possible upward scenario continuation, for which, however, we...
Forexpros Daily Analysis Nov 25, 2009 — Fundamental Insight NZD traders await tomorrow’s announcement by the Reserve Bank of New Zealand, on the quarterly Inflation Expectations Report (Nov 26).
Global Equities Market futures are pointing slightly higher for Wednesday’s open. The DJIA finished lower after a mixed day on Wall Street, losing 17.24 points to close at 10,433.71. The Fed conceded in minutes released yesterday that...
Key Levels of Support & ResistanceEUR, GBP, & AUD As the market continues its sideways movement it is a good idea to keep cognizant of important key levels of S&R as well as the 50 SMA and...
GBP/USD Open 1.6584 High 1.6727 Low 1.6498 Close 1.6583On Tuesday the RSI and and MACD gave valid bearish outlook for the Pound/Dollar, which was limited by the 1.6498 support, from where the Cable started recovering, closing the...
Dollar remained mainly within range against the EUR Tuesday, however, Dollar sentiment dampened after statements from the Federal Reserve saying they believe the economy is going to recover at a slow pace and that unemployment will remain...
USD The US Dollar rose against most of the higher-yielding currencies, but fell to 2 month lows against the Japanese Yen after economic growth and consumer confidence data suggested a US recovery could be slower and less...
Technical Analysis – 25 November 2009EUR/USD 1.4982 – 25 November 2009EUR/USD Open 1.4968 High 1.4998 Low 1.4890 Close 1.4966On Tuesday Euro/Dollar rejected another coherent movement under the important 1.4890 support. This fact certainly confirms the intact of...
Forexpros Daily Analysis Nov 24, 2009 — Fundamental Insight The US Census Bureau will release the Monthly New Home Sales Report tomorrow (Nov 25th). The report helps analyze the strength of the US housing market, and the...
