Forexpros.com Daily Analysis – 01/10/2009

by forexpros.com | October 1, 2009 11:03 am
Forexpros Daily Analysis, Oct 1, 2009 Euro Dollar The Euro is testing at this very moment the short-term support 1.4563, after dropping hard in the last half hour. This support is the last barrier before testing Fibonacci...

GBP/USD 1.5992 – 1 October

by ForexCycle.com | October 1, 2009 8:35 am
GBP/USD Open 1.6007 High 1.6118 Low 1.5909 Close 1.5982 On Wednesday Pound/Dollar corrected upwards, reaching a peak at 1.6118, as expected in our forecast, closing the day at 1.5982. On the 1 hour chart the Cable rose...

EUR/USD 1.4628 – 1 October 2009

by ForexCycle.com | October 1, 2009 6:09 am
EUR/USD Open 1.4641 High 1.4670 Low 1.4582 Close 1.4636 On Wednesday Euro/Dollar made an increasing movement up to 1.4670, from which point the currency couple bounced downwards, closing the day at 1.4636. If trading goes under 1.4535,...

Forexpros.com Daily Analysis – 30/09/2009

by forexpros.com | September 30, 2009 2:52 pm
Forexpros Daily Analysis, Sep 30, 2009 Euro Dollar The Euro stopped just below the most important resistance in yesterday's report 1.4639 (Asian session high was 1.4631). But even though, it is trading now above the falling channel,...

USD/JPY 89.56 – 30 September 2009

by ForexCycle.com | September 30, 2009 10:46 am
USD/JPY Open 90.09 High 90.37 Low 89.35 Close 90.08 Dollar/Yen made an indecisive movement on Tuesday, forming divergence on the 3 hour chart. On the 1 hour chart the currency couple made an unconvincing break down of...

The USD Remains Pressured on U.S Interest Rate Prospects

by ForexCycle.com | September 30, 2009 9:07 am
The U.S. currency may be headed for a quarterly decline against 14 of 16 major counterparts before report this week forecast to show American employers cut fewer jobs, boosting demand for higher-yielding assets. Although the greenback posted...

GBP/USD 1.6056 – 30 September 2009

by ForexCycle.com | September 30, 2009 8:09 am
GBP/USD Open 1.5962 High 1.6086 Low 1.5829 Close 1.5959 Pound/Dollar made a downward movement on Tuesday, reaching the 1.5829 bottom, as expected, where a the bearish impulse was limited and the Cable started rising up up to...

EUR/USD 1.4626 – 30 September 2009

by ForexCycle.com | September 30, 2009 5:12 am
EUR/USD Open 1.4586 High 1.4643 Low 1.4534 Close 1.4584 The descending scenario of the Euro/Dollar is still intact as the currency couple went down to 1.4534 on Tuesday, than rising up to 1.4643 as expected, closing the...

USD/JPY 89.70 – 29 September 2009

by ForexCycle.com | September 29, 2009 10:28 am
USD/JPY Open 89.66 High 90.20 Low 88.47 Close 89.64 Dollar/Yen made a significant downward movement on Monday down to the 88.47 bottom, from where it recovered back later as expected in our forecast, closing the day at...