What is the direction of highest probability today? (29/10/09)

by fxinstructor.com | October 29, 2009 6:15 am
by Johan Kriek (jkriek@fxinstructor.com) Key events today: – Eurozone Consumer Confidence @ 10AM GMT – US GDP @ 12:30 GMT – US Jobless Claims @ 12:30 GMT *Watch out for those GDP figures. Last week we saw...

Forexpros.com Daily Analysis – 28/10/2009

by forexpros.com | October 28, 2009 12:38 pm
Forexpros Daily Analysis Oct 28, 2009 The U.S. Department of Labor will publish the weekly Initial Jobless Claims report tomorrow (Oct 29). The report is a measure of the number of people who file for unemployment benefits...

USD/JPY 91.29 – 28 October 2009

by ForexCycle.com | October 28, 2009 11:49 am
USD/JPY Open 91.65 High 92.32 Low 90.93 Close 91.76 Dollar/Yen tried to climb on Tuesday, but failed to break up the key resistance at 92.32, dropping later down to 91.60, and closing the day at 91.76, indicating...

GBP/USD 1.6384 – 28 October 2009

by ForexCycle.com | October 28, 2009 9:28 am
GBP/USD Open 1.6402 High 1.6438 Low 1.6287 Close 1.6374 On Tuesday Pound/Dollar climbed to the 1.6438 top, forming convergence on the 3 hour chart. From that point the Cable started descending down to the 1.6315 bottom, closing...

USD Continues to Gain on Return to Risk Aversion

by ForexCycle.com | October 28, 2009 7:50 am
The USD continued to advance Tuesday against major currencies as a measure of U.S. consumer confidence registered an unexpected decline for October. Gold futures extended losses from the previous session as the USD rose. December Gold fell...

EUR/USD 1.4823 – 28 October 2009

by ForexCycle.com | October 28, 2009 7:04 am
EUR/USD Open 1.4822 High 1.4921 Low 1.4770 Close 1.4810 After the sharp drop on Monday, yesterday Euro/Dollar continued descending insignificantly with around 150 pips. If the currency pair gets consistent movements above yesterday’s top 1.4920, the trend...

Forexpros Daily Analysis Oct 27, 2009

by forexpros.com | October 27, 2009 12:17 pm
The U.S. Census Bureau will publish the Monthly Core Durable Goods Orders report tomorrow (Oct 27th ).The report measures the change in the total value of new orders for durable goods, excluding transportation.Because aircraft orders are very...

USD/JPY 91.84 – 27 October 2009

by ForexCycle.com | October 27, 2009 11:05 am
USD/JPY Open 92.24 High 92.32 Low 91.57 Close 92.22 On Monday Dollar/Yen decreased down to 91.57, from where renewed its upward trend to 92.29, closing the day at 92.22. Signals are expected to be rising for now,...

GBP/USD 1.6357 – 27 October 2009

by ForexCycle.com | October 27, 2009 9:07 am
GBP/USD Open 1.6290 High 1.6394 Low 1.6254 Close 1.6315 As US stocks slid on Monday the Pound was seriously harmed like the other majors. The pair reached the 1.6254 bottom yesterday, closing the day at 1.6305. On...