Forexpros Daily Analysis Oct 6, 2009 Euro Dollar The Euro accurately reached the retest level that we specified as 1.4588 (yesterday's low 1.4592), and retested the broken channel successfully. Then it started rising and reached the important...
USD/JPY Open 89.51 High 89.96 Low 88.86 Close 89.53 Yesterday Dollar/Yen made a decreasing attempt, reaching a bottom at 89.22, where the bearish impulse was stopped, and the currency couple bounced sharply upwards to 89.96, closing the...
Growing speculation over the potential end to Dollar-based trading in the oil market has pushed the USD down against 14 of its 16 major counterparts yesterday. A report on Tuesday in the Independent newspaper revived the idea...
GBP/USD Open 1.5930 High 1.6023 Low 1.5864 Close 1.5931 Yesterday Pound/Dollar traded hesitantly. The Cable increased up to the 1.6020 top, from where it started dropping down to the 1.5904 bottom, closing the day at 1.5931. Today...
EUR/USD Open 1.4648 High 1.4718 Low 1.4581 Close 1.4647 Euro/Dollar made a moderately increasing movement on Monday. The currency couple attempted to rise, reaching a peak at 1.4667, where the bullish impulse was limited, and the currency...
Euro Dollar The Euro broke the falling trend channel for the short-term, twice, but in the two times it stopped at 1.4646. Which will make this resistance specifically the most important for the short-term. A break here...
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...
USDCAD traded in a range between 1.0590 and 1.1124 for several weeks. Rise towards 1.1400-1.1500 area would more likely be seen after the sideways consolidation, and a break above 1.1124 will confirm such case. Near term support...
USDCHF stays below the falling trend line on daily chart and remains in downward trend from 1.1021, and the rebound from 1.0186 is more likely consolidation of downtrend. As long as the trend line resistance holds, we...
USDJPY stays below the falling trend line from 97.78 to 92.53 and remains in downtrend. Deeper decline to test 87.12 long term critical support is possible after consolidation. Only rise above the trend line resistance will suggest...
