EUR/USD Open 1.2368 High 1.2574 Low 1.2242 Close 1.2350The Euro continued decreasing on Friday. Euro/Dollar depreciated from 1.2574 to 1.2357 on Friday, in line with the Interbank sentiment projection, at around -20%, closing the week at 1.2350....
Market Review – 15/05/2010 01:22GMT Euro tanks on growth fears and breakup concern The single currency penetrated last week’s 14-month low of 1.2510 in Europe yesterday and tumbled below 1.2400 for the first time since November 2008...
USDCAD formed a cycle top at 1.0735 level on daily chart. Range trading between 1.0110 and 1.0500 would more likely be seen next week. Support is at 1.0110, below this level could indicate that that downtrend from...
USDCHF continues its upward movement from 1.0434 and the rise extends to as high as 1.1335 level. Support is at 1.1200, as long as this level holds, further rally is still possible and next target would be...
USDJPY formed a cycle bottom at 88.25 level on daily chart. Further rise to test 94.98 resistance could be seen after a minor consolidation, a break above this level will trigger another rise to 100.00 area. Support...
AUDUSD stays in a trading range between 0.8577 and 0.9404. Sideways movement in the range could be expected to continue in a couple of weeks. Now a cycle bottom is being formed at 0.8715 level on daily...
GBPUSD remains in downtrend from 1.5522, deeper decline is still in favor and next target would be at 1.4200 area. Resistance is now at 1.5053, only rise above this level could take price back towards the upper...
EURUSD’s downtrend from 1.5144 extends to as low as 1.2353 level. Now the pair is facing the support of 1.2329 (Oct 28, 2008 low), below this level could trigger deeper decline to 1.1300 area. Resistance is now...
GBP/USD Open 1.4614 High 1.4911 Low 1.4815 Close 1.4611Pound/Dollar traded with a decrease on Thursday, in line with the negative Interbank sentiment at around -56%. The Cable depreciated yesterday from 1.4911 to 1.4571, closing the day at...
The U.S. dollar rose to its highest level Thursday, gaining on the EUR and the British pound, as currency traders’ appetite for risk remained restrained because of rising worries about the long-term implications of Euro-Zone debt problems.
