EUR/USD 1.4716 – 18 September 2009

by ForexCycle.com | September 18, 2009 5:25 am
EUR/USD Open 1.4739 High 1.4757 Low 1.4688 Close 1.4741 On Thursday Euro/Dollar was made a moderate increasing movement, reaching a peak at 1.4757, closing the day at 1.4741. Of the 1 hour chart the currency pair is...

EUR/USD 1.4720 – 17 September 2009

by ForexCycle.com | September 17, 2009 6:43 am
EUR/USD Open 1.4705 High 1.4736 Low 1.4653 Close 1.4710 On Tuesday Euro/Dollar bounced downwards, reaching a bottom at 1.4653, than made a moderate rise to the 1.4736 top, closing the day at 1.4710. Quotes are approaching the...

EUR/USD 1.4668 – 16 September 2009

by ForexCycle.com | September 16, 2009 5:18 am
EUR/USD Open 1.4662 High 1.4681 Low 1.4567 Close 1.4658 On Tuesday Euro/Dollar made attempt to decrease, reaching a bottom at 1.4567, but further bearish movement was limited there and the currency pair rose sharply to the 1.4681...

EUR/USD 1.4617 – 15 September 2009

by ForexCycle.com | September 15, 2009 5:14 am
EUR/USD Open 1.4629 High 1.4645 Low 1.4525 Close 1.4617 Euro/Dollar traded hesitantly on Monday, dropping down to the 1.4525 bottom, that rising to a new 9 month high 1.4645, closing the day at 1.4617. On the 1...

Technical Analysis – 14 September 2009

by ForexCycle.com | September 14, 2009 5:25 am
EUR/USD 1.4550 – 14 September 2009 EUR/USD Open 1.4565 High 1.4621 Low 1.4521 Close 1.4581 Euro/Dollar traded hesitantly on Friday, entering into consolidation phase after the strong increasing movements in the previous days, closing the week at...

EURUSD Analysis – September 12, 2009

by ForexCycle.com | September 12, 2009 3:45 am
EURUSD broke above 1.4447 resistance and the uptrend from 1.3748 extended to the upper border of the rising price channel on daily chart. A clear break above the channel resistance will signal a great move towards 1.5100-1.5200...

EURUSD Analysis – September 5, 2009

by ForexCycle.com | September 5, 2009 2:55 am
No changed in our view, EURUSD stays in a rising price channel and remains in uptrend from 1.3748. Near term support is at the lower border of the rising price channel, as long as the channel support...

EURUSD Analysis – August 30, 2009

by ForexCycle.com | August 30, 2009 2:31 am
EURUSD stays in a rising price channel and remains in uptrend from 1.3748. As long as the channel support holds, we’d expect uptrend to continue and further rise to 1.4500-1.4600 area could be seen in next several...

EURUSD Analysis – August 22, 2009

by ForexCycle.com | August 22, 2009 3:43 am
EURUSD stays in the rising price channel on daily chart and remains in uptrend from 1.3748. Further rally to 1.4500 is still possible next week. However, the rise from 1.3748 is more likely a part of consolidation...

EURUSD Analysis – August 15, 2009

by ForexCycle.com | August 15, 2009 2:39 am
EURUSD is forming a cycle top at 1.4447 level on daily chart. Key support is now located at 1.4086, a break down below this level will confirm the cycle top. Then deeper decline could be seen to...