by Johan Kriek (jkriek@fxinstructor.com) Key events today: – Eurozone Current Account @ 8:00GMT – UK Retail Sales @ 08:30GMT – US Jobless Claims @ 12:30GMT – US House Price Index @ 14:00 GMT Probability Studies:
EUR/USD Open 1.5017 High 1.5048 Low 1.4888 Close 1.5014 Euro/Dollar made significant ascending movement on Wednesday, breaking up the psychological 1.5000 level. Technically, this fact opens a way for stronger upward impulse toward next objective 1.5170 in...
Forexpros Daily Analysis Oct 21, 2009 The US Department of Labor will publish its weekly Initial Jobless Claims Report Tomorrow (22 Oct). The Report is a measure of the number of people who file for unemployment benefits...
USD/JPY Open 90.68 High 91.05 Low 90.08 Close 90.69 Dollar/Yen traded consolidated down to 90.08 on Tuesday, from where sharply rose with around 100 pips, closing the day at 90.69. On the 3 hour chart, after breaking...
GBP/USD Open 1.6379 High 1.6517 Low 1.6251 Close 1.6378 Pound/Dollar continued its bullish movement on Tuesday, reaching a peak at 1.6480, closing the day at 1.6378. On the 3 hour chart quotes broke up the upper limit...
The Dollar strengthened versus the EUR following a decline in stock markets, poor U.S economic data and an unexpectedly dour outlook from the Bank of Canada. Concerns about the strength of U.S. corporate earnings and the strength...
by Johan Kriek (jkriek@fxinstructor.com) Key event for today: 08:30 GMT – BoE releases October meeting minutes Probability Studies:
EUR/USD Open 1.4932 High 1.4993 Low 1.4887 Close 1.4941 On Monday Euro/Dollar corrected down to the 1.4887 level, where the correctional movement was limited, closing the day at 1.4941. Expectation are bullish in the medium term, but...
The forex market awaits crucial U.S. data today in the PPI and Building Permits figures at 12:30 GMT. These publications are set to drive the pace of the forex market throughout the trading day. It is also...
USD/JPY Open 90.66 High 91.13 Low 90.08 Close 90.52 On Monday Dollar/Yen made a significant descending movement from. The currency couple decreased from the 91.13 top down to 90.39, closing the day at 90.52. Immediate resistance is...
