Technical Analysis – 24 November 2009EUR/USD 1.4957 – 24 November 2009EUR/USD Open 1.4955 High 1.4994 Low 1.4837 Close 1.4960Euro/Dollar made a bullish movement on Monday, reaching a peak at 1.4994, and closing the day at at 1.4960....
Forexpros Daily Analysis Nov 23, Supplemental Fundamental Weekly Outlook EU: • Monday: France PMI Manufacturing (Previous 55.6, Forecast 55.8) & PMI Services (Previous 57.7, Forecast 57.4). Germany PMI Manufacturing (Previous 51.0, Forecast 51.6) & PMI Services (Previous...
Forexpros Daily Analysis Nov 23, 2009 — Fundamental Insight: Traders await tomorrow’s release of the Ifo Business Climate Index by the German Institute for Economic Research.
The DJIA was flat Friday closing the day down just 14.28 points. The week saw the DJIA gain 9/10th of a percent while most Global Equity Markets finished the week in negative territory. The Greenback gained as...
GBP/USD: Range bound trading continues. It is especially obvious when MA is moving horizontal. Notice on the daily Cable chart below that the 50 SMA has been horizontal since late July while the 100 SMA turned horizontal...
USD Investors continued to downsize their risk holdings as stocks and commodities slid again while the Dollar reaped the benefits for a second straight session. Many see this as an overdue bounce for the Dollar which has...
While all the major currencies continue to provide mix results, there is still one extremely strong in the market – the bullish Gold. During last night gold reached over$1,163 an ounce, making another all time high. However,...
EUR/USD: The EUR is sputtering once again after failing twice to gain momentum after breaching 1.50. We are closing in on some very pivotal handles on the EUR. Moving Averages are important not only because what they...
USD/JPY Open 88.92 High 89.44 Low 88.64 Close 88.95Dollar/Yen made an indecisive movement on Thursday, forming divergence on the 3 hour chart, than continued descending from the 89.44 top, closing the day at 88.95. On the 1...
GBP/USD Open 1.6652 High 1.6746 Low 1.6589 Close 1.6664Pound/Dollar made descending movement on Thursday, as expected, reaching a bottom at 1.6607 and closing the day at 1.6664. On the bigger picture on the 3 hour chart quotes...
