EUR/USD Open 1.2388 High 1.2411 Low 1.2242 Close 1.2395The Euro traded within a range on Monday. Euro/Dollar was moving narrowly in the 1.2258 to 1.2411 scope yesterday, in converse with the Interbank sentiment projection, at nearly -12%,...
ForexPros Daily Analysis May 17, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders anticipate the German ZEW Economic Sentiment. The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment determines the sentiment of German institutional investors.
GBP/USD Open 1.4537 High 1.4641 Low 1.4815 Close 1.4530Pound/Dollar traded with a small decrease on Friday, in line with the negative Interbank sentiment at around -56%. The Cable depreciated on Friday from 1.4641 to 1.4505, closing the...
Following several weeks in which the Dollar rallied vs. the Euro, the EUR/USD pair has finally breached every support level and dropped to a 4-year low. The trigger to this trend that took the pair 1,400 pips...
EUR/USD Open 1.2368 High 1.2574 Low 1.2242 Close 1.2350The Euro continued decreasing on Friday. Euro/Dollar depreciated from 1.2574 to 1.2357 on Friday, in line with the Interbank sentiment projection, at around -20%, closing the week at 1.2350....
Market Review – 15/05/2010 01:22GMT Euro tanks on growth fears and breakup concern The single currency penetrated last week’s 14-month low of 1.2510 in Europe yesterday and tumbled below 1.2400 for the first time since November 2008...
USDCAD formed a cycle top at 1.0735 level on daily chart. Range trading between 1.0110 and 1.0500 would more likely be seen next week. Support is at 1.0110, below this level could indicate that that downtrend from...
USDCHF continues its upward movement from 1.0434 and the rise extends to as high as 1.1335 level. Support is at 1.1200, as long as this level holds, further rally is still possible and next target would be...
USDJPY formed a cycle bottom at 88.25 level on daily chart. Further rise to test 94.98 resistance could be seen after a minor consolidation, a break above this level will trigger another rise to 100.00 area. Support...
AUDUSD stays in a trading range between 0.8577 and 0.9404. Sideways movement in the range could be expected to continue in a couple of weeks. Now a cycle bottom is being formed at 0.8715 level on daily...
