Forexpros Daily Analysis Sep. 29, 2009 Euro Dollar Moving steady inside the falling channel on the intraday charts, the Euro approached the top of the channel five times, without breaking it, which indicates that the falling trend...
GBP/USD Open 1.5877 High 1.5969 Low 1.5774 Close 1.5879 On Monday Pound/Dollar continued its downward movement, falling below the psychological 1.5900 level down to the 1.5774 bottom, from where it rose to 1.5920, closing the day at...
The USD and JPY maintain their rallies over their riskier counterparts as traders try to decipher officials’ comments regarding exit strategies and interest rate hikes for the near future. Today sees the first day of important economic...
EUR/USD Open 1.4626 High 1.4721 Low 1.4565 Close 1.4620 Euro/Dollar continued the bearish movement on Monday down to the 1.4565, from where increased up to 4669, as expected, closing the day at 1.4620. Of the 3 hour...
The Yen rose to a 7 month high versus the Dollar as Japan’s new government reiterated its opposition to pursuing deliberate currency devaluation strategy. The Sterling dropped to a 3 month low versus the Dollar last week...
USD/JPY Open 91.27 High 91.54 Low 90.37 Close 91.29 On Thursday Dollar/Yen attempted to drop, reaching a bottom at 90.37, where further downward movement was limited, and the currency the pair climbed to 91.54, closing the day...
GBP/USD Open 1.6036 High 1.6382 Low 1.5917 Close 1.6057 Pound/Dollar made a significant bearish movement on Thursday, with over 450 pips, closing the day at 1.6000. On the 1 hour chart after breaking down out of the...
The Dollar snaps a two week decline versus the EUR after disappointing U.S Home Sales data and ahead of the G20 meeting. The USD and JPY are benefiting from the recent surge in risk aversion ahead of...
EUR/USD Open 1.4654 High 1.4797 Low 1.4615 Close 1.4662 On Thursday Euro/Dollar attempted to rise, reaching a peak at 1.4797, as expected, where further bullish movement was limited and the currency pair dropped to 1.4615, closing the...
USD/JPY Open 91.51 High 91.60 Low 90.35 Close 91.30 Dollar/Yen failed to continue its bearish momentum yesterday, climbed up to the 91.60 top, closing the day at 91.30. Because of the current trading range within which the...
