Technical Analysis – 24 November 2009EUR/USD 1.4957 – 24 November 2009EUR/USD Open 1.4955 High 1.4994 Low 1.4837 Close 1.4960Euro/Dollar made a bullish movement on Monday, reaching a peak at 1.4994, and closing the day at at 1.4960....
EUR/USD: The EUR is sputtering once again after failing twice to gain momentum after breaching 1.50. We are closing in on some very pivotal handles on the EUR. Moving Averages are important not only because what they...
EURUSD moved sideways in a range between 1.4626 and 1.5062. Lengthier consolidation in the trading range is possible next week. As long as 1.4626 support holds, another rise towards 1.5200 is still possible after consolidation and a...
EUR/USD Open 1.4912 High 1.4955 Low 1.4844 Close 1.4924Euro/Dollar made a significant bearish movement on Thursday, reaching a bottom at 1.4844, but failing to go below the important 1.4800 support level, closing the day at 1.4924. On...
EUR/USD Open 1.4953 High 1.4989 Low 1.4869 Close 1.4960On Wednesday Euro/Dollar traded hesitantly, still inclining upwards. After Bernanke’s pessimistic speech about the economy economic recovery on Tuesday, which weakened the Euro, as seen on the 3 hour...
EUR/USD Open 1.4877 High 1.4996 Low 1.4812 Close 1.4874 On Tuesday Euro/Dollar declined from the 1.4996 top to the 1.4812 bottom, closing the day at 1.4980. The downward channel, which was broken upwards on Monday the daily...
EUR/USD Open 1.4982 High 1.5015 Low 1.4903 Close 1.4970 Euro/Dollar traded hesitantly on Monday, still caught within the 1.4514 – 1.5045 range, as seen on the 3 hour chart. The double peak formation from last week, as...
USD The dollar fell across the board on Monday although it recovered some after the US Federal Reserve Chairman, Ben Bernanke, commented that the Fed was keeping its eye on the fluctuation in the Dollar soothing...
Forexpros Daily Analysis Nov. 16, 2009 Fundamental Analysis, Canada • Monday: Manufacturing Sales MoM (Previous -2.1%, Expected 1.6%) • Wednesday: CPI MoM (Previous 0.0%, Expected 0.1%) & YoY (Previous -0.9%, Expected 0.3%). Core CPI MoM (Previous 0.3%,...
EUR/USD: The EUR continues to struggle to break the 1.50 handle. Last week, the EUR on a daily chart, completed the formation of a double top just above resistance at 1.50 [shown in the red boxes in...