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...

GBP/USD 1.6524 – 17 September 2009

by ForexCycle.com | September 17, 2009 8:25 am
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...

USD Continues Decline; Slow Economic Recovery Expected

by ForexCycle.com | September 17, 2009 6:50 am
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 1.4720 – 17 September 2009

by ForexCycle.com | September 17, 2009 6:43 am
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...