GBP/USD Open 1.6477 High 1.6555 Low 1.6433 Close 1.6486 On Wednesday Pound/Dollar traded hesitantly, forming divergence on the 3 hour chart. The Cable descended down to the 1.6433 bottom, from where it rose insignificantly, closing the day...
With recent fears over inflation and fiscal deficits, the market surprisingly appears calmer than it should be. The USD has continued its decline, suggesting that either faith in the American economy is fleeting, or investors are increasing...
EUR/USD Open 1.4705 High 1.4736 Low 1.4653 Close 1.4710 On Tuesday Euro/Dollar bounced downwards, reaching a bottom at 1.4653, than made a moderate rise to the 1.4736 top, closing the day at 1.4710. Quotes are approaching the...
USD/JPY Open 90.98 High 91.53 Low 90.12 Close 91.06 Dollar/Yen made an ascending effort on Tuesday, but failed to break the 91.80 resistance, dropped sharply to 90.87, and closed the day at 91.06. It seems that the...
Euro Dollar Reaching the top of the channel at 1.4684, but not breaking it, the Euro is still inside the suggested area for a top. The top of the channel is slowly approaching 1.47, more accurately it...
The U.S Dollar struck a one-year low against a basket of currencies on Wednesday, as investors reduced dollar holdings on views that the U.S. currency may weaken for now due to pessimism over the U.S. economy. Investors...
GBP/USD Open 1.6488 High 1.6656 Low 1.6409 Close 1.6485 Pound/Dollar made another downward movement on Tuesday as expected, reaching a bottom at 1.6409, closing the day at 1.6485. Of the 1 hour chart the bullish channel was...
EUR/USD Open 1.4662 High 1.4681 Low 1.4567 Close 1.4658 On Tuesday Euro/Dollar made attempt to decrease, reaching a bottom at 1.4567, but further bearish movement was limited there and the currency pair rose sharply to the 1.4681...
GBP/USD Open 1.6580 High 1.6682 Low 1.6522 Close 1.6577 Monday’s divergence formation warned for a downward correctional movement. The currency couple made a bottom at 1.6522, closing the day at 1.6577. On the 1 hour chart is...
The U.S. Dollar fell versus the EUR but clung to small gains against other major rivals on Monday. This came as traders turned their focus to data coming this week and as the EUR and Yen hit...
