Market Review – 23/09/2010 23:07 GMTEuro falls on worries over eurozone’s economic recoveryEuro weakened from a 5-month high against dollar on Thursday, as worries about the growth of European economy resurfaced after the release of weak Irish,...
According to wave count this currency pair is now developing impulse wave C of the corrective A-B-C cycle. This cycle is considered a corrective wave to the impulse 127.62-135.03. The nearest targets below the current level are...
ForexPros Daily Analysis September 23, 2010 Euro Dollar The Euro broke the resistance specified in yesterday’s reports 1.3332, and reached our suggested target of 1.3414 with complete success. This pair had broken an important resistance at 1.3118...
The US dollar traded near a five-month low versus the EUR before a U.S. report today that may show existing home sales are close to a 10-year low, adding to signs the world's largest economy is struggling...
The greenback still stays under pressure. Asian and European trading sessions: Euro: The euro received some support in the threshold on the state bond auction in Portugal, which was expected to show good results, following Spain and...
According to wave count AUD/USD is now developing wave C of the med term uptrend (waves colored magenta). Within this wave C we already have a set of A-B-C waves (colored red) of smaller degree, that give...
Investors’ optimism growing on Tuesday. Asian and European trading sessions: Euro: The EUR/USD pair managed to reach maximums at the $1,3145 level. Positive results of the bond auction in Spain and Ireland supported the euro. Investors’ optimism...
ForexPros Daily Analysis September 22, 2010 Euro Dollar The Euro broke the resistance specified in yesterday’s reports 1.3118, after two days of trying, and successfully reached both targets 1.3194 & 1.3306 with accuracy as well (the high...
The USD and other major currencies continued to trade under the shadows of central bank mandates on Tuesday. The Federal Reserve released its FOMC Statement which once again admitted that the U.S. economy is experiencing a less...
The U.S. dollar continued to decline in early morning trading Wednesday, buying less than 85 Japanese yen after the U.S. Federal Reserve said it was ready to take further action to boost the economy.
