USD/JPY Open 89.74 High 90.14 Low 88.87 Close 89.67 On Tuesday the upward adjustment of the Dollar/Yen stopped. The currency couple tried to rise, reaching a peak at 90.14, closing the day at 89.67. Immediate support is...
GBP/USD Open 1.5929 High 1.5992 Low 1.5717 Close 1.5922 Pound/Dollar traded quieter on Tuesday. After reaching a peak at 1.5822, the Cable made a decreasing attempt, reaching a bottom at 1.5717, than rose sharply to 1.5940, closing...
The U.S. Dollar fell against a basket of currencies to within sight of recent lows on Tuesday as Gold hit a new high and Oil prices strengthened. The USD and commodities are often inversely correlated, with Gold...
by Johan Kriek (jkriek@fxinstructor.com) The FOMC minutes later in the US session could be a “market mover”. So keep an eye out for that Probability Studies:
EUR/USD Open 1.4846 High 1.4890 Low 1.4762 Close 1.4852 On Tuesday Euro/Dollar continued the upward trend as expected up to 1.4870. On the 3 hour chart the currency pair tried to reach higher bed, climbing above the...
Forexpros Daily Analysis Oct 13, 2009 Traders await publication of US Core Retail Sales Tomorrow (Wednesday, Oct 14) the US Core Retail Sales monthly report will be published. The Core Retail Sales is a monthly measurement of...
USD/JPY Open 89.70 High 90.44 Low 89.35 Close 89.83 Dollar/Yen made a significant bullish movement on Monday. On the 3 hour chart the 90.00 resistance was convincingly broken up, indicating further potential upward correction with possible test...
by Johan Kriek (jkriek@fxinstructor.com) UK inflation and the ZEW economic sentiment figures from Germany could have an impact later Probability Studies:
GBP/USD Open 1.5802 High 1.5878 Low 1.5738 Close 1.5796 On Monday Pound/Dollar made a significant bearish movement. On the 3 hour chart there is a hedging formation, indicating continuation of the bearish trend. After the consolidation and...
The result of the U.S. Federal Budget Balance is set to be the main driver of volatility for the US Dollar and forex trading in general today. The other releases that are expected to be key to...
