The EUR managed to gain in the early sessions on Monday and held on to the stronger part of its range. There was little data from Europe yesterday, but today the German ZEW Economic Sentiment report will...
AUDUSD: The AUD is approaching very strong long range Resistance between .9350 and .9400. We have seen price action bounce off these levels at least twice in the past year, thus forming a double top as shown...
ForexPros Daily Analysis September 14, 2010 Euro Dollar The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28 in the morning, and hitting 1.2890 in New York. Now...
The Sterling continued to be under pressure on Monday as mixed data once again showed its ugly head. The RICS House Price Balance showed a significant drop to minus -32%, far below the estimate of minus -11%.
The JPY has found itself taken to the very height of its strength versus the USD as investors have continued to test the resolve of the Bank of Japan and officials. The Japanese ruling party held a...
The U.S. dollar fell to a fresh 15-year low against the Japanese yen ahead of a big leadership election in Japan. The greenback also sank against the euro during Tuesday’s trading.
Market Review – 13/09/2010 22:49 GMTEuro rallies as robust Chinese economic data and bank-regulation timeline boost risk appetite Euro surged against the greenback on Monday, as upbeat Chinese economic data and new global banking rules boosted investors’...
During the previous week, the EUR/USD pair tried to refresh the downward trend against the euro. At the same time, having broken through the lower line of already beginning to show upward channel, the price stopped under...
ForexPros Daily Analysis September 13, 2010 Euro Dollar The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28. Now the question is will the EUR succeeds in creating...
Following solid economic news out of China released last Friday, the euro, as well as other so-called riskier currencies, has maintained an upward trend going into this week. That being said, analysts are warning that these gains...
