GBP/USD 1.4356 – 20 May 2010

by iFOREX.bg | May 20, 2010 7:57 am
GBP/USD Open 1.4409 High 1.4465 Low 1.4242 Close 1.4446After a slight descend, Pound/Dollar followed the Euro up on Wednesday, in converse with the negative Interbank sentiment at around -68%. The Cable appreciated yesterday from 1.4242 to 1.4465,...

Major Currencies’ Morning Report

by ecPulse.com | May 20, 2010 7:23 am
EURUSD The pair stabilized once again above support for the previously breached descending channel – currently at 1.2275 – while signs of a bullish technical pattern appear in the minor image above could cause a bullish rebound,...

EUR/USD 1.2350 – 20 May 2010

by iFOREX.bg | May 20, 2010 5:17 am
EUR/USD Open 1.2389 High 1.2431 Low 1.2143 Close 1.2424After a small descend, the recovery of the the Euro continued on Wednesday with the next debt measures taken by EU. Euro/Dollar climbed from 1.2143 to 1.2431 yesterday, in...

Euro Gains on Speculation ECB May Support the Currency

by Forexyard.com | May 20, 2010 5:14 am
The EUR rose more than 1% against the U.S dollar and Japanese yen on Wednesday, recouping a steep drop that had extended into the early hours. A fresh round of speculation about other policy actions, including the...

Majors Currencies’ Midday Report

by ecPulse.com | May 19, 2010 12:15 pm
EURUSD The pair is trading within a relatively narrow range as head a number of attempts to touch the awaited level at 1.2255. The morning scenario remains intact unless four-hour closing is set above 1.2295.

USD/JPY 91.63 – 19 May 2010

by iFOREX.bg | May 19, 2010 10:02 am
USD/JPY Open 91.92 High 92.93 Low 91.25 Close 92.20Dollar/Yen traded with a decrease on Tuesday, in line the Interbank sentiment at nearly -30%. After rising to 92.93 yesterday, the currency couple resumed depreciating down to 91.90, closing...

GBP/USD 1.4367 – 19 May 2010

by iFOREX.bg | May 19, 2010 7:57 am
GBP/USD Open 1.4295 High 1.4509 Low 1.4237 Close 1.4332After some hesitant movements, Pound/Dollar continued decreasing on Tuesday, in line with the negative Interbank sentiment at nearly -68%. The Cable depreciated yesterday from 1.4509 to 1.4275, closing the...

Major Currencies’ Morning Report

by ecPulse.com | May 19, 2010 6:35 am
EURUSD The pair was able to breach the pivotal support mentioned yesterday at 1.2310 that has currently turned into resistance descending towards 1.2295, shown above. More bearish movement is expected for today due to stability achieved below breached...

Safe Heaven Currencies Continue to Rise on High Risk Aversion

by Forexyard.com | May 19, 2010 5:22 am
Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and JPY, which are seen as a safer bet than others currencies in times...

EUR/USD 1.2210 – 19 May 2010

by iFOREX.bg | May 19, 2010 5:05 am
EUR/USD Open 1.2185 High 1.2437 Low 1.2144 Close 1.2200After partial recovery on Tuesday on the next help package for Greece, the Euro continued decreasing. Euro/Dollar climbed to 1.2437, from where depreciated down to 1.2157 yesterday, in line...