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...
The U.S Dollar made headlines yesterday unfortunately for the Greenback it was not positive. The DXY, an index weighted basket of currencies against that Dollar, hit a low for the year touching just below 74.20 before a...
Year End: Thanksgiving in the U.S marks the beginning of the Holiday Season. The day after Thanksgiving known as Black Friday marks the commencement of the Holiday shopping season. Many analysts view this particular season as one...
GBP/USD Open 1.6699 High 1.6744 Low 1.6537 Close 1.6705Pound/Dollar rose on Wednesday from 1.6578 to the 1.6744 top, where further upward movement was limited, closing the day at 1.6705. Today the Cable made deep bearish correction, eating...
When it comes to trading, one common piece of advice from instructors is to trade in the direction of the trend on the daily chart. This means buying when the trend is up and selling when the...
