Forexpros.com Daily Analysis – 30/09/2009

by forexpros.com | September 30, 2009 2:52 pm
Forexpros Daily Analysis, Sep 30, 2009 Euro Dollar The Euro stopped just below the most important resistance in yesterday's report 1.4639 (Asian session high was 1.4631). But even though, it is trading now above the falling channel,...

USD/JPY 89.56 – 30 September 2009

by ForexCycle.com | September 30, 2009 10:46 am
USD/JPY Open 90.09 High 90.37 Low 89.35 Close 90.08 Dollar/Yen made an indecisive movement on Tuesday, forming divergence on the 3 hour chart. On the 1 hour chart the currency couple made an unconvincing break down of...

The USD Remains Pressured on U.S Interest Rate Prospects

by ForexCycle.com | September 30, 2009 9:07 am
The U.S. currency may be headed for a quarterly decline against 14 of 16 major counterparts before report this week forecast to show American employers cut fewer jobs, boosting demand for higher-yielding assets. Although the greenback posted...

GBP/USD 1.6056 – 30 September 2009

by ForexCycle.com | September 30, 2009 8:09 am
GBP/USD Open 1.5962 High 1.6086 Low 1.5829 Close 1.5959 Pound/Dollar made a downward movement on Tuesday, reaching the 1.5829 bottom, as expected, where a the bearish impulse was limited and the Cable started rising up up to...

EUR/USD 1.4626 – 30 September 2009

by ForexCycle.com | September 30, 2009 5:12 am
EUR/USD Open 1.4586 High 1.4643 Low 1.4534 Close 1.4584 The descending scenario of the Euro/Dollar is still intact as the currency couple went down to 1.4534 on Tuesday, than rising up to 1.4643 as expected, closing the...

USD/JPY 89.70 – 29 September 2009

by ForexCycle.com | September 29, 2009 10:28 am
USD/JPY Open 89.66 High 90.20 Low 88.47 Close 89.64 Dollar/Yen made a significant downward movement on Monday down to the 88.47 bottom, from where it recovered back later as expected in our forecast, closing the day at...

Forexpros.com Daily Analysis – 29/09/2009

by forexpros.com | September 29, 2009 10:15 am
Forexpros Daily Analysis Sep. 29, 2009 Euro Dollar Moving steady inside the falling channel on the intraday charts, the Euro approached the top of the channel five times, without breaking it, which indicates that the falling trend...

GBP/USD 1.5895 – 29 September 2009

by ForexCycle.com | September 29, 2009 8:56 am
GBP/USD Open 1.5877 High 1.5969 Low 1.5774 Close 1.5879 On Monday Pound/Dollar continued its downward movement, falling below the psychological 1.5900 level down to the 1.5774 bottom, from where it rose to 1.5920, closing the day at...

Bearish Sentiment Persists in Trading

by ForexCycle.com | September 29, 2009 7:30 am
The USD and JPY maintain their rallies over their riskier counterparts as traders try to decipher officials’ comments regarding exit strategies and interest rate hikes for the near future. Today sees the first day of important economic...

EUR/USD 1.4638 – 29 September 2009

by ForexCycle.com | September 29, 2009 5:31 am
EUR/USD Open 1.4626 High 1.4721 Low 1.4565 Close 1.4620 Euro/Dollar continued the bearish movement on Monday down to the 1.4565, from where increased up to 4669, as expected, closing the day at 1.4620. Of the 3 hour...