What is the direction of highest probability today? (23/10/09)
by Johan Kriek ([email protected]) Key events today: Eurozone PMI @ 8:00GMT UK GDP @ 08:30GMT US Existing Home Sales @ 14:00 Probability Studies:
Category: Daily Forex Reports
EUR/USD 1.5022 – 23 October 2009
EUR/USD Open 1.5029 High 1.5058 Low 1.4948 Close 1.5027 On Thursday Euro/Dollar made insignificant ascending movement with just over 100 pips. The currency couple tried to drop, reaching a bottom at 1.4948, from where it started ascending...
USD/JPY 91.24 – 22 October 2009
USD/JPY Open 90.91 High 91.57 Low 90.50 Close 90.97 On Wednesday Dollar/Yen traded with volatility upwards. On the 3 hour chart the downward channel was broken upwards, indicating failure of the bears and strengthening of the Dollar,...
GBP/USD 1.6585 – 22 October 2009
GBP/USD Open 1.6610 High 1.6636 Low 1.6349 Close 1.6606 On Wednesday Pound/Dollar climbed with nearly 300 pips, from the 1.6349 bottom to the 1.6636 top, where rising was limited at the upper limit of the bearish channel,...
Dollar Tumbles as Investors Turn to Riskier Assets
Witnessing a steady decline during this week’s trading sessions, the USD became weakened as traders unwound their Dollar-buy positions in exchange for riskier assets, such as stocks. The global stock rally seen yesterday may have been one...
What is the direction of highest probability today? (22/10/09)
by Johan Kriek ([email protected]) Key events today: – Eurozone Current Account @ 8:00GMT – UK Retail Sales @ 08:30GMT – US Jobless Claims @ 12:30GMT – US House Price Index @ 14:00 GMT Probability Studies:
EUR/USD 1.4985 – 22 October 2009
EUR/USD Open 1.5017 High 1.5048 Low 1.4888 Close 1.5014 Euro/Dollar made significant ascending movement on Wednesday, breaking up the psychological 1.5000 level. Technically, this fact opens a way for stronger upward impulse toward next objective 1.5170 in...
Forexpros.com Daily Analysis – 21/10/2009
Forexpros Daily Analysis Oct 21, 2009 The US Department of Labor will publish its weekly Initial Jobless Claims Report Tomorrow (22 Oct). The Report is a measure of the number of people who file for unemployment benefits...
USD/JPY 90.75 – 21 October 2009
USD/JPY Open 90.68 High 91.05 Low 90.08 Close 90.69 Dollar/Yen traded consolidated down to 90.08 on Tuesday, from where sharply rose with around 100 pips, closing the day at 90.69. On the 3 hour chart, after breaking...
GBP/USD 1.6475 – 21 October 2009
GBP/USD Open 1.6379 High 1.6517 Low 1.6251 Close 1.6378 Pound/Dollar continued its bullish movement on Tuesday, reaching a peak at 1.6480, closing the day at 1.6378. On the 3 hour chart quotes broke up the upper limit...