The Dollar continues to strengthen as global economies show signs of bottoming after surviving the financial crisis that has gripped the markets for the last 2 years. The DXY closed yesterday’s session at 78.25. The NZD yielded...
Well hopefully you entered this Short EUR position when the candle appeared below the 50 day MA. If you did then you are ahead 600 pips. The next question is how do I know when to exit...
Forexpros Daily Analysis Dec 23, 2009 Fundamental Analysis: Core Durable Goods Orders Traders await the announcement of the Core Durable Goods Orders tomorrow (Dec. 24).The Core Durable Goods Orders measures the change in the total value of...
GBP/USD Open 1.5970 High 1.6095 Low 1.5926 Close 1.5962Pound/Dollar continued bearish movement on Tuesday from the 1.6095 top, reaching a bottom at 1.5926, and and closing the day at 1.5962, remaining consistently above the important 1.5926 support...
USD The US Dollar continued to do well in very light trading on Tuesday, holding on to meager gains in response to a moderate rise in US Treasury Bond yields. The Dollar did have a hard time...
The U.S. dollar continued to strengthen against the majors during Tuesday’s trading session. Driving the dollar higher was a rise in existing home sales for the month of November and Final GDP numbers for the 3rd quarter...
EUR/USD Open 1.4254 High 1.4331 Low 1.4223 Close 1.4247Euro/Dollar traded hesitantly on Tuesday, forming divergence on the daily chart. Quotes made a decreasing effort from the 1.4331 top, reaching a bottom at 1.4223, but closed the day...
USD/JPY Open 91.09 High 91.48 Low 90.20 Close 91.18Dollar/Yen made a decreasing effort on Monday, reaching a bottom at 90.20, but failed to break below it and rose sharply to the 91.23 top, closing the day at...
Fundamental Weekly Outlook, Dec 21-24 EU:• Tuesday: Germany GfK Consumer Confidence Survey (Previous 3.7, Forecast 3.5), France Producer Prices MoM (Previous 0.8%, Forecast 0.1%) & YoY (Previous -6.6%, Forecast -4.7%).• Wednesday: Germany Import Price Index MoM (Previous...
Forexpros Daily Analysis Dec 22, 2009 Fundamental Analysis: Monetary Policy Committee The Bank of England (BOE) Monetary Policy Committee (MPC) Meeting Minutes will be published tomorrow (Dec 23). The minutes are a detailed record of the committee’s...
