Daily Analysis – 31/12/2009

by | December 31, 2009 10:16 am
Forexpros Daily Analysis Dec 31, 2009 Euro Dollar The Euro fluctuated, breaking 1.4308 first, then breaking 1.4380 and flying above 1.44. And as we can see, the price is currently trading inside a falling channel on the...

Daily Forex Analysis by 31/12/2009

by | December 31, 2009 7:52 am
JPY The Japanese Yen fell across the board on Wednesday as a surprise, Holiday week comment from Standard and Poor’s shook the Forex world on one of the quietest trading days of the year. The esteemed rating...

Dollar near a 3 Month High on Signs of Economic Recovery

by | December 31, 2009 7:48 am
Better than expected Chicago Manufacturing Index and lower equities pushed the USD to new highs versus the EUR and JPY Wednesday. Trading is expected to be extremely light today as markets close early ahead of New Year’s...

Deeper Insights by GoLearn Forex

by | December 30, 2009 11:10 am
EUR/USD  (Support & Resistance (S&R): The EUR has fallen roughly 6% since reaching its high for the year back in late November. Here are some key levels of Support and Resistance.  A breach of these levels would...

Japanese Airlines May be Headed for Bankruptcy by GoLearn Forex

by | December 30, 2009 11:08 am
In the overnight session, the Nikkei fell by almost a percent amid concerns that Japan Airlines may be headed for bankruptcy.  This follows a rather flat day on Wall Street as the DJIA closed down 1.67 points,...

USD/JPY 91.99 – 30 December 2009

by | December 30, 2009 10:46 am
USD/JPY Open 91.99 High 92.26 Low 91.53 Close 91.98Dollar/Yen made another wobbly movement on Tuesday, forming divergence on the 3 hour chart. The currency couple continued climbing from 91.53 to 92.07, closing the day at 91.98. Quotes... Daily Analysis – 30/12/2009

by | December 30, 2009 10:11 am
Forexpros Daily Analysis Dec 30, 2009 Fundamental Analysis: Chicago PMI The Chicago PMI will be published tomorrow (Dec 31).The Chicago Purchasing Managers Index determines the economic health of the manufacturing sector in Chicago region.

Trends for today by 30/12/2009

by | December 30, 2009 10:04 am
Market Notes: Last days of 2009 the market is unpredictable. For example:· We’re used to an oil-CAD correlation, however today we see crude oil future prices are climbing up, but the CAD is a weakest currency of...

GBP/USD 1.5911 – 30 December 2009

by | December 30, 2009 9:15 am
GBP/USD Open 1.5891 High 1.6068 Low 1.5878 Close 1.5902Pound/Dollar showed a strong increasing momentum on Tuesday, reaching a peak at 1.6068, from where the Sterling collapsed down to the 1.5878 bottom, closing the day at 1.5902. On...

Daily Forex Analysis by 30/12/2009

by | December 30, 2009 7:32 am
USD Risk appetite returned on Tuesday in another lightly traded session that saw the Dollar fall to higher yielding currencies such as the Canadian and Australian Dollars. The last minute showing comes as there is some speculation...