EUR/USD Open 1.4940 High 1.4966 Low 1.4855 Close 1.4944 On Thursday Euro/Dollar made a deep correctional movement, reaching a bottom at 1.4855, and closing the day at 1.4944. The 1.4966 level is a key resistance zone, the...
GBP/USD Open 1.5995 High 1.6134 Low 1.5902 Close 1.5981 Pound/Dollar could not continue the downward scenario yesterday and followed the Euro upwards. On the 3 hour chart after failing to hold under 1.5753, quotes rose sharply, taking...
The U.S. Unemployment Claims and U.S. Core CPI data are set to drive forex trading today when they are released at 12:30 GMT. If strong economic data continues to be published from the U.S, U.K and Europe...
EUR/USD Open 1.4927 High 1.4960 Low 1.4840 Close 1.4926 On Wednesday Euro/Dollar made an increasing movement, reaching a peak at 1.4945 on the DJIA going above 10,000, and closed the day at 1.4926. Although short term signals...
USD/JPY Open 89.74 High 90.14 Low 88.87 Close 89.67 On Tuesday the upward adjustment of the Dollar/Yen stopped. The currency couple tried to rise, reaching a peak at 90.14, closing the day at 89.67. Immediate support is...
GBP/USD Open 1.5929 High 1.5992 Low 1.5717 Close 1.5922 Pound/Dollar traded quieter on Tuesday. After reaching a peak at 1.5822, the Cable made a decreasing attempt, reaching a bottom at 1.5717, than rose sharply to 1.5940, closing...
The U.S. Dollar fell against a basket of currencies to within sight of recent lows on Tuesday as Gold hit a new high and Oil prices strengthened. The USD and commodities are often inversely correlated, with Gold...
EUR/USD Open 1.4846 High 1.4890 Low 1.4762 Close 1.4852 On Tuesday Euro/Dollar continued the upward trend as expected up to 1.4870. On the 3 hour chart the currency pair tried to reach higher bed, climbing above the...
USD/JPY Open 89.70 High 90.44 Low 89.35 Close 89.83 Dollar/Yen made a significant bullish movement on Monday. On the 3 hour chart the 90.00 resistance was convincingly broken up, indicating further potential upward correction with possible test...
GBP/USD Open 1.5802 High 1.5878 Low 1.5738 Close 1.5796 On Monday Pound/Dollar made a significant bearish movement. On the 3 hour chart there is a hedging formation, indicating continuation of the bearish trend. After the consolidation and...
