USD/JPY 89.25 – 6 October 2009

by ForexCycle.com | October 6, 2009 10:17 am
USD/JPY Open 89.51 High 89.96 Low 88.86 Close 89.53 Yesterday Dollar/Yen made a decreasing attempt, reaching a bottom at 89.22, where the bearish impulse was stopped, and the currency couple bounced sharply upwards to 89.96, closing the...

Dollar Weakens on Speculation Gulf States May Stop Using Greenback

by ForexCycle.com | October 6, 2009 8:21 am
Growing speculation over the potential end to Dollar-based trading in the oil market has pushed the USD down against 14 of its 16 major counterparts yesterday. A report on Tuesday in the Independent newspaper revived the idea...

GBP/USD 1.6010 – 6 October

by ForexCycle.com | October 6, 2009 8:18 am
GBP/USD Open 1.5930 High 1.6023 Low 1.5864 Close 1.5931 Yesterday Pound/Dollar traded hesitantly. The Cable increased up to the 1.6020 top, from where it started dropping down to the 1.5904 bottom, closing the day at 1.5931. Today...

EUR/USD 1.4703 – 6 October 2009

by ForexCycle.com | October 6, 2009 5:46 am
EUR/USD Open 1.4648 High 1.4718 Low 1.4581 Close 1.4647 Euro/Dollar made a moderately increasing movement on Monday. The currency couple attempted to rise, reaching a peak at 1.4667, where the bullish impulse was limited, and the currency...

Forexpros.com Daily Analysis – 05/10/2009

by forexpros.com | October 5, 2009 10:19 am
Euro Dollar The Euro broke the falling trend channel for the short-term, twice, but in the two times it stopped at 1.4646. Which will make this resistance specifically the most important for the short-term. A break here...

EUR/USD Volatility Ripples across FX Market

by ForexCycle.com | October 5, 2009 8:14 am
As the first week of October kicked off last week, traders witnessed a number of volatile jumps in the worlds 2 primary currencies: the EUR and USD. Optimism appeared to be on the rise in America while...

GBP/USD 1.5904 – 2 October

by ForexCycle.com | October 2, 2009 8:08 am
GBP/USD Open 1.5916 High 1.6023 Low 1.5864 Close 1.5952 On Thursday Pound/Dollar traded with volatility. The Cable went over 1.6000, reaching a peak at 1.6023, from where it started declining, closing the day at 1.5952. The Sterling...

EUR/USD 1.4547 – 2 October 2009

by ForexCycle.com | October 2, 2009 5:22 am
EUR/USD Open 1.4538 High 1.4668 Low 1.4503 Close 1.4542 Euro/Dollar made a decreasing movement on Thursday from the 1.4668 top, to the 1.4518 bottom, closing the day at 1.4542. Although the downward correction may be limited for...

USD/JPY 89.91 – 1 October 2009

by ForexCycle.com | October 1, 2009 11:17 am
USD/JPY Open 90.09 High 90.16 Low 89.37 Close 89.68 On Wednesday Dollar/Yen made a moderate decreasing momentum, reaching a bottom at 89.37, where the bearish impulse was limited, and the currency couple started rising, closing the day...