EUR/USD 1.4550 – 14 September 2009 EUR/USD Open 1.4565 High 1.4621 Low 1.4521 Close 1.4581 Euro/Dollar traded hesitantly on Friday, entering into consolidation phase after the strong increasing movements in the previous days, closing the week at...
No changed in our view, USDCAD remains in range trading between 1.0632 and 1.1124. Another rise towards the upper border of the price channel to reach next cycle top on daily chart is still in favor, and...
USDCHF broke below 1.0366 (Dec 29, 2008) support, deeper decline is now in favor and next target would be at 1.0200-1.0300 area. Near term resistance is at the falling trend line on daily chart, as long as...
As expected, USDJPY broke below 91.73 previous low support, further fall to 88.00-90.00 area to reach next cycle bottom on daily chart is possible next week and the next cycle bottom is nearing. Key resistance is now...
AUDUSD remains in uptrend from 0.6248, and the rise extends to as high as 0.8674 level. Further rally is still possible next week and next target would be at 0.8900-0.9000 area. Key support is at 0.8155, as...
GBPUSD broke above 1.6663 key resistance, suggesting that the fall from 1.7042 has completed at 1.6113 level already. Range trading between 1.6113 and 1.7042 is expected in a couple of weeks. Key resistance is now located at...
EURUSD broke above 1.4447 resistance and the uptrend from 1.3748 extended to the upper border of the rising price channel on daily chart. A clear break above the channel resistance will signal a great move towards 1.5100-1.5200...
The publication of the U.S. Prelim UoM Consumer Sentiment report at 13:55 GMT is set to lead USD trading today. This release measures the level of a composite index based on surveyed consumers. The figure is expected...
With mixed results versus its primary currency counterparts, the British Pound appears to be consolidating many of its trends towards a volatile movement; positioned to take place today, it appears. The Bank of England’s rate decision and...
With recent market volatility, the price level for a few currencies and commodities have begun to see prices not seen since last year. For instance, the USD fell to its lowest in almost a year during yesterday...
