Forexpros.com Daily Analysis – 05/10/2009

by forexpros.com | October 5, 2009 10:19 am
Euro Dollar The Euro broke the falling trend channel for the short-term, twice, but in the two times it stopped at 1.4646. Which will make this resistance specifically the most important for the short-term. A break here...

EUR/USD Volatility Ripples across FX Market

by ForexCycle.com | October 5, 2009 8:14 am
As the first week of October kicked off last week, traders witnessed a number of volatile jumps in the worlds 2 primary currencies: the EUR and USD. Optimism appeared to be on the rise in America while...

GBP/USD 1.5904 – 2 October

by ForexCycle.com | October 2, 2009 8:08 am
GBP/USD Open 1.5916 High 1.6023 Low 1.5864 Close 1.5952 On Thursday Pound/Dollar traded with volatility. The Cable went over 1.6000, reaching a peak at 1.6023, from where it started declining, closing the day at 1.5952. The Sterling...

EUR/USD 1.4547 – 2 October 2009

by ForexCycle.com | October 2, 2009 5:22 am
EUR/USD Open 1.4538 High 1.4668 Low 1.4503 Close 1.4542 Euro/Dollar made a decreasing movement on Thursday from the 1.4668 top, to the 1.4518 bottom, closing the day at 1.4542. Although the downward correction may be limited for...

USD/JPY 89.91 – 1 October 2009

by ForexCycle.com | October 1, 2009 11:17 am
USD/JPY Open 90.09 High 90.16 Low 89.37 Close 89.68 On Wednesday Dollar/Yen made a moderate decreasing momentum, reaching a bottom at 89.37, where the bearish impulse was limited, and the currency couple started rising, closing the day...

Forexpros.com Daily Analysis – 01/10/2009

by forexpros.com | October 1, 2009 11:03 am
Forexpros Daily Analysis, Oct 1, 2009 Euro Dollar The Euro is testing at this very moment the short-term support 1.4563, after dropping hard in the last half hour. This support is the last barrier before testing Fibonacci...

GBP/USD 1.5992 – 1 October

by ForexCycle.com | October 1, 2009 8:35 am
GBP/USD Open 1.6007 High 1.6118 Low 1.5909 Close 1.5982 On Wednesday Pound/Dollar corrected upwards, reaching a peak at 1.6118, as expected in our forecast, closing the day at 1.5982. On the 1 hour chart the Cable rose...

EUR/USD 1.4628 – 1 October 2009

by ForexCycle.com | October 1, 2009 6:09 am
EUR/USD Open 1.4641 High 1.4670 Low 1.4582 Close 1.4636 On Wednesday Euro/Dollar made an increasing movement up to 1.4670, from which point the currency couple bounced downwards, closing the day at 1.4636. If trading goes under 1.4535,...