It was a mixed day for the Global Equity Markets on Friday following Dubai’s debt default announcement the day before. The markets in Asia continued to sell off while in Europe they apparently felt the exposure was...
Moving Averages – they are not so averageEUR/USD and USD/CHFOn Thursday of last week we saw the EUR and CHF finally break near term resistance. The EUR cleanly sliced through 1.50 and took out near term resistance...
Forexpros Daily Analysis Nov 30, 2009 ISM Manufacturing Index The U.S. Institute of Supply Management (ISM) will publish its monthly Manufacturing Index tomorrow (Dec 1).
USD/JPY Open 85.10 High 87.46 Low 84.89 Close 86.52On Thursday Dollar/Yen continued the downward movement, reaching a bottom at 84.89, and closing the day at 86.52. Of the 3 hour chart the currency couple broke down the...
GBP/USD Open 1.6444 High 1.6726 Low 1.6271 Close 1.6516Pound/Dollar made a significant downward movement yesterday, penetrating down the important 1.6470 support, reaching a bottom at 1.6424, and closing the day at 1.6516. This fact confirms the bears...
USD The Dollar was mixed on Thursday as European Stock markets tumbled brining safe-haven flows into the USD for now, at least. The Dollar also collapsed to a 15 year low against the Japanese Yen, a strong...
Fears of a potential default in Dubai sent shock waves through financial markets Thursday, weighing on European and Asian equities and pulling the U.S. Dollar off of recent lows as investors sought out safe havens. Analysts said...
EUR/USD Open 1.4971 High 1.5131 Low 1.4903 Close 1.5011After the sharp rise on Wednesday, Euro/Dollar started correcting on Thursday down to 1.4963, forming divergence on the daily chart. After unconvincing break up of the downward channel, quotes...
Forexpros Daily Analysis Nov 26, 2009 Special Event: Strategic & Tactical FOREX Trading Hosted by: Wayne McDonell, founder of FXBootcampThu, Dec 3, 2009, 11:00 EST/ 16:00 GMT Forexpros is proud to host Wayne McDonell, world renowned Forex...
USD/JPY Open 87.34 High 88.61 Low 86.30 Close 87.33On Wednesday Dollar/Yen dropped with around 140 pips down to 87.20, closing the day at 87.33. Today, after descending continuation in the morning down to 86.30, the currency couple...
