GBP/USD 1.6266 – 22 September 2009

by ForexCycle.com | September 22, 2009 8:52 am
GBP/USD Open 1.6218 High 1.6559 Low 1.6298 Close 1.6215 On Monday Pound/Dollar traded hesitantly attempt to rise, dropping to the 1.6139 bottom, where the bearish movement was limited there and the Cable recovered back up to today’s...

Forexpros Daily Analysis Sep 22, 2009

by forexpros.com | September 22, 2009 8:28 am
Euro Dollar The Euro held around the secondary Fibonacci support of 23.6%, which is in the 1.4620 area, and went back up to above 1.47. The "limited" move of yesterday had "limited" effect. We have re-drawn the...

Market Expects Low Volatility Today

by ForexCycle.com | September 22, 2009 8:07 am
There is likely to be less volatility in the market today with almost no market moving data on tap from Japan Europe and Unites States. Yet, few fundamental events that are due out later today may indeed...

EUR/USD 1.4720 – 22 September 2009

by ForexCycle.com | September 22, 2009 5:14 am
EUR/USD Open 1.4683 High 1.4722 Low 1.4611 Close 1.4680 On Monday Euro/Dollar decreased significantly from the 1,4712 peak to the 1.4611 bottom, closing the day at 1.4680. Signals are expected to be bearish, with targets towards yesterday’s...

Forexpros Daily Analysis Sep 21, 2009

by forexpros.com | September 21, 2009 8:38 am
Euro Dollar The Euro is approaching at this very moment the bottom of the rising channel on the hourly chart, and in the same area we noticed an intraday support that has shown itself several times lately,...

Dollar Tentatively Higher Ahead of Federal Reserve Meeting

by ForexCycle.com | September 21, 2009 8:06 am
This month investors have increasingly moved to riskier assets like stocks, commodities and higher-yielding currencies, as concerns about a ballooning U.S. fiscal deficit and low Interest Rates have fueled Dollar selling. The Federal Open Market Committee (FOMC)...

USD/JPY 91.46 – 18 September 2009

by ForexCycle.com | September 18, 2009 10:25 am
USD/JPY Open 91.19 High 91.57 Low 90.53 Close 91.06 Dollar/Yen traded hesitantly on Thursday, first dropping down to the 90.53 bottom, than rising to the 91.57 top. However, on the 1 hour chart the downward channel was...

GBP/USD 1.6342 – 18 September 2009

by ForexCycle.com | September 18, 2009 8:11 am
GBP/USD Open 1.6448 High 1.6559 Low 1.6298 Close 1.6450 On Thursday Pound/Dollar attempt to rise, reaching a peak at 1.6559, but the bullish movement was limited there and the Cable dropped down to the 1.6424 bottom, closing...

Dollar Edges Up Against EUR, Crude Falls with Stocks

by ForexCycle.com | September 18, 2009 7:12 am
The Dollar took a break from its bullish run versus the EUR yesterday, but the long term trend could continue today. Driving yesterday’s reversal were losses in U.S. equities and stronger manufacturing data from the U.S. Today’s...

EUR/USD 1.4716 – 18 September 2009

by ForexCycle.com | September 18, 2009 5:25 am
EUR/USD Open 1.4739 High 1.4757 Low 1.4688 Close 1.4741 On Thursday Euro/Dollar was made a moderate increasing movement, reaching a peak at 1.4757, closing the day at 1.4741. Of the 1 hour chart the currency pair is...