EUR/USD Open 1.3321 High 1.3358 Low 1.3207 Close 1.3289The Euro appreciated on Friday. Euro/Dollar increased from 1.3228 to 1.3337 range on Friday, not matching with the Interbank sentiment projection, at around -11%, closing the week at 1.3289.
Market Review – 30/04/2010 22:14GMT Euro rises on hopes of Greek aid package announcement The euro extended its previous day’s advance against the dollar on Friday on expectation that debt-strapped Greece might reach an agreement on its...
USDCAD traded in a range between 0.9930 and 1.0302 for several weeks. As long as 1.0302 resistance holds, the price action in the trading range is treated as consolidation of downtrend, and another fall to 0.9500 is...
USDCHF broke above 1.0898 previous high and reached as high as 1.0923 level. Further rally is still possible next week and next target would be at 1.1000 area. Support is now at 1.0700 followed by the lower...
USDJPY stays in a trading range between 91.60 and 94.68. Lengthier consolidation in the range is still possible in a couple of weeks. As long as 91.60 support holds, we’d expect uptrend from 88.14 to resume and...
Being contained by 0.9404 previous high resistance, AUDUSD pulled back from 0.9381, suggesting that a cycle top has been formed on daily chart. Deeper decline towards 0.9001 support is expected next week. However, the fall from 0.9381...
GBPUSD remains in consolidation of long term downtrend from 1.7042 (Aug 5, 2009 high). One more rise to the upper border of the falling price channel to reach next cycle top on daily chart is expected in...
EURUSD’s downtrend from 1.5144 was limited by the lower boundary of the falling price channel on daily chart. However, the bounce from 1.3114 is more likely consolidation of downtrend. Another fall to 1.3000 area is still possible...
