EURUSD Analysis – April 24, 2010
EURUSD’s downtrend from 1.5144 extends to as low as 1.3202 level. Deeper decline to 1.3000 to reach next cycle bottom on daily chart is still possible, and next cycle bottom is nearing. Resistance is now at the...
Month: April 2010
Technical analysis and trading recommendations for the EUR/USD currency pair for April 23
Overview:The downward movement is continuing. The “sell” signal has the target of 1.3386, which is finished off. Therefore, the tendency reversal is expected in the nearest time. The price curve lies below Ishimoku and Chinkou Span –...
USD/JPY 93.30 – 23 April 2010
USD/JPY Open 93.44 High 93.41 Low 92.74 Close 93.47Dollar corrected downwards against the Yen on Thursday, in line with the Interbank sentiment at nearly -12%. Yesterday the currency couple dropped from 93.41 to 92.74, closing the day...
GBP/USD 1.5386 – 23 April 2010
GBP/USD Open 1.5368 High 1.5467 Low 1.5314 Close 1.5376Pound/Dollar depreciated on Thursday, in line with the Interbank sentiment, at nearly -9%. The Cable declined yesterday from 1.5467 to 1.5344, closing the day at 1.5376. Today Sterling is...
Daily Forex Analysis by Finexo.com 23/04/2010
Past Events • USD PPI, out at 0.7% versus expected 0.4%, prior -0.6%• USD Unemployment Claims, out at 456K versus expected 452K, prior 480K (revised)• USD Existing Home Sales, out at 5.35m versus 5.28m, prior 5.01m (revised)...
Greek Debts, Greek Deficit, Euro Tumbles
A volatile day ended yesterday with the U.S. dollar gaining against most currencies after the European Union review over Greece deficit surprised investors sending traders back to the greenback while taking the EUR/USD pair to year low.
EUR/USD 1.3242 – 23 April 2010
EUR/USD Open 1.3268 High 1.3417 Low 1.3206 Close 1.3290The Euro continued depreciating on Thursday. Euro/Dollar decreased from 1.3417 to 1.3266 yesterday, in line with the Interbank sentiment projection, at nearly -16%, closing the day at 1.3290. On...
Daily Market Outlook by AceTrader
Market Review – 22/04/2010 21:51GMT Euro plunges to a near one-year low on Greece’s worse-than-expected budget deficit n Moody’s downgrade Despite euro’s brief bounce to 1.3422 in European morning after the release of higher-than-expected German manufacturing PMI...
USD/JPY 93.30 – 22 April 2010
USD/JPY Open 93.05 High 93.41 Low 92.74 Close 93.17Dollar corrected downwards against the Yen on Wednesday, in line with the Interbank sentiment at around -4%. Yesterday the currency couple dropped from 93.41 to 92.74, closing the day...
GBP/USD 1.5426 – 22 April 2010
GBP/USD Open 1.5410 High 1.5472 Low 1.5332 Close 1.5408Pound/Dollar appreciated on Wednesday, in converse with the Interbank sentiment, at around -10%. The Cable rose yesterday from 1.5332 to 1.5436, closing the day at 1.5408. Today Sterling is...