ForexPros Daily Analysis May 20, 2010 Fundamental Analysis: German Ifo Business Climate Index European traders anticipate the publication of the German Ifo Business Climate Index. The German Information and Foschung (Ifo) Business Climate Index determines the business...
USD/JPY Open 91.55 High 92.10 Low 90.87 Close 91.69Dollar/Yen traded with an insignificant decrease on Wednesday, in line the Interbank sentiment at around -23%. The currency couple depreciated from 92.10 down to 91.02, closing the day at...
GBP/USD Open 1.4409 High 1.4465 Low 1.4242 Close 1.4446After a slight descend, Pound/Dollar followed the Euro up on Wednesday, in converse with the negative Interbank sentiment at around -68%. The Cable appreciated yesterday from 1.4242 to 1.4465,...
EURUSD The pair stabilized once again above support for the previously breached descending channel – currently at 1.2275 – while signs of a bullish technical pattern appear in the minor image above could cause a bullish rebound,...
EUR/USD Open 1.2389 High 1.2431 Low 1.2143 Close 1.2424After a small descend, the recovery of the the Euro continued on Wednesday with the next debt measures taken by EU. Euro/Dollar climbed from 1.2143 to 1.2431 yesterday, in...
The EUR rose more than 1% against the U.S dollar and Japanese yen on Wednesday, recouping a steep drop that had extended into the early hours. A fresh round of speculation about other policy actions, including the...
EURUSD The pair is trading within a relatively narrow range as head a number of attempts to touch the awaited level at 1.2255. The morning scenario remains intact unless four-hour closing is set above 1.2295.
USD/JPY Open 91.92 High 92.93 Low 91.25 Close 92.20Dollar/Yen traded with a decrease on Tuesday, in line the Interbank sentiment at nearly -30%. After rising to 92.93 yesterday, the currency couple resumed depreciating down to 91.90, closing...
GBP/USD Open 1.4295 High 1.4509 Low 1.4237 Close 1.4332After some hesitant movements, Pound/Dollar continued decreasing on Tuesday, in line with the negative Interbank sentiment at nearly -68%. The Cable depreciated yesterday from 1.4509 to 1.4275, closing the...
EURUSD The pair was able to breach the pivotal support mentioned yesterday at 1.2310 that has currently turned into resistance descending towards 1.2295, shown above. More bearish movement is expected for today due to stability achieved below breached...
