Daily Forex Analysis by Finexo.com 18/12/2009

by Finexo.com | December 18, 2009 7:58 am
EUR The Euro fell to largest one-day slide it has seen since early July against the Dollar, and was battered just the same versus other majors on Thursday. The fall happened on recent worries about public finances...

EUR/USD 1.4390 – 18 December 2009

by iFOREX.bg | December 18, 2009 6:10 am
EUR/USD Open 1.4343 High 1.4531 Low 1.4308 Close 1.4337Euro/Dollar continued the descending movement after the upward correction at the beginning of this week. On the 3 hour chart the ascending correction was limited at 1.4682 from where...

EUR/USD 1.4407 – 17 December 2009

by iFOREX.bg | December 17, 2009 7:56 am
EUR/USD Open 1.4521 High 1.4586 Low 1.4373 Close 1.4533Euro/Dollar corrected insignificantly upwards on Tuesday to the 1.4586 top, closing the day at 1.4533. Although the bullish adjustment did not come as a surprise for us after the...

EUR/USD 1.4536 – 16 December 2009

by iFOREX.bg | December 16, 2009 8:30 am
EUR/USD Open 1.4539 High 1.4658 Low 1.4507 Close 1.4535Euro/Dollar continued its downward movement on Tuesday, reaching a bottom at 1.4507, and closing the day at 1.4535. Our short positioning model is still preferable for the intraday trading,...

EUR/USD 1.4655 – 15 December 2009

by iFOREX.bg | December 15, 2009 7:46 am
EUR/USD Open 1.4654 High 1.4683 Low 1.4603 Close 1.4659Euro/Dollar attempted to decrease on Monday, reaching a bottom of 1.4603, where further bearish motion was limited and quotes jumped up to the 1.4683 top, as expected, closing the...

EURUSD Analysis – December 12, 2009

by ForexCycle.com | December 12, 2009 12:43 pm
EURUSD broke below 1.4626 key support, suggesting that the uptrend from 1.3748 has completed at 1.5144 level already. Further decline is now in favor and next targets would be at 1.4300 area. Resistance is at 1.4800, only...

EUR/USD 1.4723 – 11 December 2009

by iFOREX.bg | December 11, 2009 7:30 am
EUR/USD Open 1.4729 High 1.4758 Low 1.4691 Close 1.4731Euro/Dollar made an insignificant bullish movement on Thursday, reaching hights of 1.4758, and closing the day at 1.4731. This fact should be considered as a failure of the bears...

EUR/USD 1.4718 – 10 December 2009

by iFOREX.bg | December 10, 2009 6:03 am
EUR/USD Open 1.4735 High 1.4777 Low 1.4676 Close 1.4706Euro/Dollar continued weakening on Wednesday insignificantly, breaking down the 1.4677 support level on the 3 hour chart, where the bearish momentum was limited. Quotes than jumped up, towards the...

EUR/USD 1.4734 – 9 December 2009

by iFOREX.bg | December 9, 2009 7:31 am
EUR/USD Open 1.4693 High 1.4863 Low 1.4670 Close 1.4700Euro/Dollar made a significant bearish movement on Tuesday, dropping below the 1.4700 support, reaching a bottom at 1.4670, and closing the day at 1.4700. The bullish scenario is certainly...

EUR/USD 1.4852 – 8 December 2009

by iFOREX.bg | December 8, 2009 6:11 am
EUR/USD Open 1.4833 High 1.4900 Low 1.4766 Close 1.4826Euro/Dollar continued decreasing on Monday, from the 1.4900 peak to the 1.4766 bottom, closing the day at 1.4826. On the 3 hour chart the upward channel was broken downwards,...