As the first week of October kicked off last week, traders witnessed a number of volatile jumps in the worlds 2 primary currencies: the EUR and USD. Optimism appeared to be on the rise in America while...
As this week’s trading comes to an end, the market awaits vital data from the U.S. economy. Both the U.S. Non-Farm Employment Change and the U.S. Unemployment Rate is set to drive the volatility of the forex...
GBP/USD Open 1.5916 High 1.6023 Low 1.5864 Close 1.5952 On Thursday Pound/Dollar traded with volatility. The Cable went over 1.6000, reaching a peak at 1.6023, from where it started declining, closing the day at 1.5952. The Sterling...
EUR/USD Open 1.4538 High 1.4668 Low 1.4503 Close 1.4542 Euro/Dollar made a decreasing movement on Thursday from the 1.4668 top, to the 1.4518 bottom, closing the day at 1.4542. Although the downward correction may be limited for...
USD/JPY Open 90.09 High 90.16 Low 89.37 Close 89.68 On Wednesday Dollar/Yen made a moderate decreasing momentum, reaching a bottom at 89.37, where the bearish impulse was limited, and the currency couple started rising, closing the day...
Forexpros Daily Analysis, Oct 1, 2009 Euro Dollar The Euro is testing at this very moment the short-term support 1.4563, after dropping hard in the last half hour. This support is the last barrier before testing Fibonacci...
GBP/USD Open 1.6007 High 1.6118 Low 1.5909 Close 1.5982 On Wednesday Pound/Dollar corrected upwards, reaching a peak at 1.6118, as expected in our forecast, closing the day at 1.5982. On the 1 hour chart the Cable rose...
This week has been a bumpy ride for the US Dollar. After entering a bullish trend against a number of its currency rivals, the USD appeared set to step onto the world stage and announce the return...
EUR/USD Open 1.4641 High 1.4670 Low 1.4582 Close 1.4636 On Wednesday Euro/Dollar made an increasing movement up to 1.4670, from which point the currency couple bounced downwards, closing the day at 1.4636. If trading goes under 1.4535,...
Forexpros Daily Analysis, Sep 30, 2009 Euro Dollar The Euro stopped just below the most important resistance in yesterday's report 1.4639 (Asian session high was 1.4631). But even though, it is trading now above the falling channel,...
