ForexPros Daily Analysis September 23, 2010 Euro Dollar The Euro broke the resistance specified in yesterday’s reports 1.3332, and reached our suggested target of 1.3414 with complete success. This pair had broken an important resistance at 1.3118...
The greenback still stays under pressure. Asian and European trading sessions: Euro: The euro received some support in the threshold on the state bond auction in Portugal, which was expected to show good results, following Spain and...
Investors’ optimism growing on Tuesday. Asian and European trading sessions: Euro: The EUR/USD pair managed to reach maximums at the $1,3145 level. Positive results of the bond auction in Spain and Ireland supported the euro. Investors’ optimism...
ForexPros Daily Analysis September 22, 2010 Euro Dollar The Euro broke the resistance specified in yesterday’s reports 1.3118, after two days of trying, and successfully reached both targets 1.3194 & 1.3306 with accuracy as well (the high...
The drop of the greenback in the threshold of the FOMC meeting. Asian and European trading sessions: Euro: The EUR/USD pair strengthened above the $1,3100 mark. US Dollar: The greenback showed weakness as the expectations for the...
AUDUSD: The AUD has taken out major Resistance that had been in place since October of 2009 and with one point extending as far back as October 2007. This level of Resistance stood between .9350 and .9400....
EURUSDThe pair stabilized above 61.8% Fibonacci to descend from 1.3332 to 1.2585, in addition to the bullish technical pattern continuing its affect by completing its formation last week at 1.2915.
EURUSD formed a cycle bottom at 1.2587 level on daily chart and the bounce extended to as high as 1.3158. Further rise towards 1.3333 previous high is still possible next week. However, the bounce from 1.2587 is...
EURUSDThe pair stabilized above 1.3045 and thereby insuring yesterday’s suggested bullish trend’s continuation. Some negativity is appearing through momentum indicators which could cause some fluctuation and retest of the mentioned level before continuing the expected bullish trend today,...
EURUSDThe pair is trading between 61.8% and 50% correction, where Stochastic is heading to the downside as the pair is attempting to retest the level mentioned yesterday at 1.2915. From here, yesterday’s suggested scenario remains intact and we...
