Forexpros Daily Analysis Oct 29, 2009 — Traders await tomorrow’s announcement (Oct 30) by the Bank of Japan’s Monetary Policy Committee (MPC) on the new monthly short term interest rate. The decision on where to set interest...
The surprise drop in New Home Sales in the United States yesterday has resulted in a sudden buy-up in USD as investors flock to safe-havens. With a market that appears to be lacking a clear direction recently,...
EUR/USD Open 1.4719 High 1.4837 Low 1.4690 Close 1.4718 Euro/Dollar made a significant downward movement on Wednesday with around 130 pips, reaching a bottom at 1.4697, and closing the day at 1.4718. The bearish divergence is giving...
by Johan Kriek (jkriek@fxinstructor.com) Key events today: – Eurozone Consumer Confidence @ 10AM GMT – US GDP @ 12:30 GMT – US Jobless Claims @ 12:30 GMT *Watch out for those GDP figures. Last week we saw...
by Johan Kriek (jkriek@fxinstructor.com) This is a late study applicable to the current US session:
Forexpros Daily Analysis Oct 28, 2009 The U.S. Department of Labor will publish the weekly Initial Jobless Claims report tomorrow (Oct 29). The report is a measure of the number of people who file for unemployment benefits...
USD/JPY Open 91.65 High 92.32 Low 90.93 Close 91.76 Dollar/Yen tried to climb on Tuesday, but failed to break up the key resistance at 92.32, dropping later down to 91.60, and closing the day at 91.76, indicating...
GBP/USD Open 1.6402 High 1.6438 Low 1.6287 Close 1.6374 On Tuesday Pound/Dollar climbed to the 1.6438 top, forming convergence on the 3 hour chart. From that point the Cable started descending down to the 1.6315 bottom, closing...
The USD continued to advance Tuesday against major currencies as a measure of U.S. consumer confidence registered an unexpected decline for October. Gold futures extended losses from the previous session as the USD rose. December Gold fell...
EUR/USD Open 1.4822 High 1.4921 Low 1.4770 Close 1.4810 After the sharp drop on Monday, yesterday Euro/Dollar continued descending insignificantly with around 150 pips. If the currency pair gets consistent movements above yesterday’s top 1.4920, the trend...
