EUR/USD Open 1.2346 High 1.2413 Low 1.2182 Close 1.2344After reaching a new low levels, the Euro corrected insignificantly on Tuesday. Euro/Dollar depreciated from 1.2350 to 1.2182 yesterday, than bounced up to 1.2386 in line with the Interbank...
Market Review – 25/05/2010 21:38 GMTEuro rebounds strongly on short-covering due to recovery in U.S. stocksThe euro rebounded strongly on short-covering in NY session as U.S. stocks trimmed most of their losses. Earlier, the takeover of a...
EURUSD The pair activated the morning bearish move expectation and built a base on 1.2305, while it’s currently attacking the main support at 1.2180. Momentum indicators are adding strength to this level, but the previously breached bearish...
ForexPros Daily Analysis May 25, 2010 Fundamental Analysis: New Home Sales Traders of the US anticipate the publication of the New Home Sales. It measures the annualized number of new residential buildings that were sold during the...
Dear Traders, As for the EUR/USD, we are continuing to observe a rising since May 19 structure, although the price at the moment is close to the level of its abort. Forecast for May 25:
As Asian bourses continued to reflect the unimpressive results in other international equity markets, the JPY was bolstered by risk adverse traders. The Yen now finds itself touching the strongest parts of its range versus the USD...
The Sterling continues to languish against the USD. There were no major economic reports on Monday and the GBP essentially mirrored the declines of the EUR. Today the Revised GDP figures will be released from the U.K....
There was no major economic data released on Monday from the E.U., but this didn’t stop the EUR from being the focus of investors worldwide. The Sovereign Debt crisis has now in essence become an issue which...
The USD continued to gain against both the EUR and GBP on Monday in what amounted to a replay in many respects of recent trading sessions. A flight to quality by investors has been the overwhelming decision...
The pair continues under negative pressure breaching 76.4% correction for the entire medium term bullish wave which started from 1.3653 to 1.7041, structured within the main descending channel over daily basis.
