USD/JPY 91.53 – 23 September 2009

by ForexCycle.com | September 23, 2009 10:16 am
USD/JPY Open 91.11 High 92.06 Low 90.52 Close 91.09 Dollar/Yen failed to continue his ascending correction on Tuesday. Of the 3 hour chart the bullish channel was broken downwards and the trading under 91.75 indicates that the...

Forexpros.com Daily Analysis – 23/09/2009

by forexpros.com | September 23, 2009 9:24 am
Forexpros Daily Analysis Sep 23, 2009 Euro Dollar As expected, the Euro reached 1.48 for the first time this year, and also reached the first target suggested in yesterday's report, which leaves the second target 1.4901 ahead...

GBP/USD 1.6374 – 23 September 2009

by ForexCycle.com | September 23, 2009 9:03 am
GBP/USD Open 1.6361 High 1.6414 Low 1.6212 Close 1.6357 On Tuesday Pound/Dollar rose significantly from 1.6212 to 1.6393, closing the day at 1.6357. Of the 1 hour chart after being unable to break under the 1.6113 support...

U.S. Interest Rates on Tap

by ForexCycle.com | September 23, 2009 8:11 am
Following two relatively peaceful trading days, today is filled with news publications from the major economies. Starting at 06:45 and until 09:00 (GMT) traders are advised to follow the news events from the Euro-Zone. Later on, the...

EUR/USD 1.4810 – 23 September 2009

by ForexCycle.com | September 23, 2009 5:13 am
EUR/USD Open 1.4796 High 1.4838 Low 1.4681 Close 1.4792 On Tuesday Euro/Dollar increased significantly from the 1.4681 bottom to the 1.4815 top, closing the day at 1.4792. Today, the European currency continued rising up to 1.4838. Our...

USD/JPY 91.53 – 22 September 2009

by ForexCycle.com | September 22, 2009 10:51 am
USD/JPY Open 92.01 High 92.53 Low 91.13 Close 91.91 Dollar/Yen climbed significantly on Monday, from 91.32 to the 92.53 top, closing the day at 91.91. On the 1 hour chart the downward channel was broken upwards, and...

GBP/USD 1.6266 – 22 September 2009

by ForexCycle.com | September 22, 2009 8:52 am
GBP/USD Open 1.6218 High 1.6559 Low 1.6298 Close 1.6215 On Monday Pound/Dollar traded hesitantly attempt to rise, dropping to the 1.6139 bottom, where the bearish movement was limited there and the Cable recovered back up to today’s...

Forexpros Daily Analysis Sep 22, 2009

by forexpros.com | September 22, 2009 8:28 am
Euro Dollar The Euro held around the secondary Fibonacci support of 23.6%, which is in the 1.4620 area, and went back up to above 1.47. The "limited" move of yesterday had "limited" effect. We have re-drawn the...

Market Expects Low Volatility Today

by ForexCycle.com | September 22, 2009 8:07 am
There is likely to be less volatility in the market today with almost no market moving data on tap from Japan Europe and Unites States. Yet, few fundamental events that are due out later today may indeed...

EUR/USD 1.4720 – 22 September 2009

by ForexCycle.com | September 22, 2009 5:14 am
EUR/USD Open 1.4683 High 1.4722 Low 1.4611 Close 1.4680 On Monday Euro/Dollar decreased significantly from the 1,4712 peak to the 1.4611 bottom, closing the day at 1.4680. Signals are expected to be bearish, with targets towards yesterday’s...