EUR/USD Open 1.4629 High 1.4645 Low 1.4525 Close 1.4617 Euro/Dollar traded hesitantly on Monday, dropping down to the 1.4525 bottom, that rising to a new 9 month high 1.4645, closing the day at 1.4617. On the 1...
USD/JPY 90.65 – 14 September 2009 USD/JPY Open 90.30 High 91.77 Low 90.21 Close 90.67 Dollar/Yen continued the downward momentum on Friday as expected, reaching the 90.25 bottom, and closing the week at 90.67. On the 1...
GBP/USD 1.6593 – 14 September 2009 GBP/USD Open 1.6667 High 1.6735 Low 1.6551 Close 1.6654 Pound/Dollar tried rising on Friday, reaching a peak at 1.6735, where the upward movement was limited and the Cable fell sharply down...
Euro Dollar As we have expected, the rise stopped between 1.4620 & 1.4667, and from there we have seen a correction that reached 1.4515 until this very moment. We still believe that this correction is targeting 1.4459...
The Dollar is likely to go volatile during and following the speech by President Obama today at 16:00 GMT. Meanwhile, forex traders are advised to take positions on trades, as a few of data releases coming out...
EUR/USD 1.4550 – 14 September 2009 EUR/USD Open 1.4565 High 1.4621 Low 1.4521 Close 1.4581 Euro/Dollar traded hesitantly on Friday, entering into consolidation phase after the strong increasing movements in the previous days, closing the week at...
The publication of the U.S. Prelim UoM Consumer Sentiment report at 13:55 GMT is set to lead USD trading today. This release measures the level of a composite index based on surveyed consumers. The figure is expected...
Euro Dollar The rise that we expect to be in a 5-wave mode, is still developing nicely, reaching 1.46 for the first time this year. We still believe it has enough strength to reach the top of...
With mixed results versus its primary currency counterparts, the British Pound appears to be consolidating many of its trends towards a volatile movement; positioned to take place today, it appears. The Bank of England’s rate decision and...
Euro Dollar Break Major Resistance The 1.4440-1.4450 was broken yesterday as rates pushed above 1.4500. A successful hold above and/or re-test of the 1.4440 level would confirm another swing higher. This is in alignment with the longer...
