Renewed debt concerns among the Euro-zone countries sent the single currency spiraling down yet again in overnight trading. EUR/USD dropped well below the 1.2200 level, approaching a 4-year low. Today, traders can expect a number of U.S....
EUR/USD Open 1.2171 High 1.2340 Low 1.2153 Close 1.2181After a partial correction, the Euro continued weakening on Wednesday, as expected. Euro/Dollar depreciated from 1.2340 to 1.2153 yesterday, in line with the Interbank sentiment projection, at around -10%,...
Market Review – 26/05/2010 21:20 GMTEuro weakens on European debt woes and China repositioning fearsThe euro declined across the board for 3 consecutive days on persistent European debt woes while a surprisingly poor demand for German bonds...
EURUSD The pair attempted to breach the awaited support level at 1.2290, where it continues to fluctuate around it. Stochastic provided a negative crossover and accordingly our morning expectations remain intact unless the pair stabilizes above 1.2390...
Crude breached 70.10 and confirmed it with four-hour closing, signaling the start of a possible bullish correction over intraday basis. Trading has stabilized within the minor ascending channel, in addition to signs of a bullish technical pattern...
After recording a new historic high at 1249.00, gold indulged in a downside correction for the last upside wave which started from 1044.00 to the mentioned record.
USD/JPY Open 90.33 High 90.47 Low 89.31 Close 90.22Dollar/Yen traded with a decline at first on Tuesday, in line the Interbank sentiment at around -30%, than recorded recovery. The currency couple depreciated down to 89.31, than rose...
ForexPros Daily Analysis May 26, 2010 Fundamental Analysis: GDP Price Index Traders of the US anticipate the publication of the GDP Price Index. The index measures the annualized change in the price of all goods and services...
Support levels: 1.0650, 1.0539, 1.0458Resistance levels: 1,0858, 1.0990, 1.1100Yesterday, the USD/CAD currency successfully broke the mark 1.0750 and the key resistance level at 1.0779. USD/CAD reached its high at 1.0858 retracing thereafter.
GBP/USD Open 1.4409 High 1.4448 Low 1.4310 Close 1.4406Pound/Dollar traded with a decrease at first on Tuesday, in line with negative Interbank sentiment at around -57%, than bounced upwards. The Cable depreciated yesterday down to 1.4265, from...
