EUR/USD 1.4823 – 28 October 2009

by ForexCycle.com | October 28, 2009 7:04 am
EUR/USD Open 1.4822 High 1.4921 Low 1.4770 Close 1.4810 After the sharp drop on Monday, yesterday Euro/Dollar continued descending insignificantly with around 150 pips. If the currency pair gets consistent movements above yesterday’s top 1.4920, the trend...

EUR/USD 1.4879 – 27 October 2009

by ForexCycle.com | October 27, 2009 6:43 am
EUR/USD Open 1.4855 High 1.5059 Low 1.4948 Close 1.4870 On Monday Euro/dollar climbed to the 1,5059 top, than collapsed to the 1.4846 bottom, as expected, where the bears are limited for now, and the currency couple closed...

EURUSD Analysis – October 25, 2009

by ForexCycle.com | October 25, 2009 12:53 am
EURUSD stays in a rising price channel on daily chart and remains in uptrend from 1.3748, and the rise has extended further to 1.5060 level. As long as the channel support holds, uptrend is expected to continue...

EUR/USD 1.5022 – 23 October 2009

by ForexCycle.com | October 23, 2009 5:22 am
EUR/USD Open 1.5029 High 1.5058 Low 1.4948 Close 1.5027 On Thursday Euro/Dollar made insignificant ascending movement with just over 100 pips. The currency couple tried to drop, reaching a bottom at 1.4948, from where it started ascending...

EUR/USD 1.4985 – 22 October 2009

by ForexCycle.com | October 22, 2009 5:08 am
EUR/USD Open 1.5017 High 1.5048 Low 1.4888 Close 1.5014 Euro/Dollar made significant ascending movement on Wednesday, breaking up the psychological 1.5000 level. Technically, this fact opens a way for stronger upward impulse toward next objective 1.5170 in...

EUR/USD 1.4923 – 21 October 2009

by ForexCycle.com | October 21, 2009 5:13 am
EUR/USD Open 1.4932 High 1.4993 Low 1.4887 Close 1.4941 On Monday Euro/Dollar corrected down to the 1.4887 level, where the correctional movement was limited, closing the day at 1.4941. Expectation are bullish in the medium term, but...

EURUSD Analysis – October 17, 2009

by ForexCycle.com | October 17, 2009 3:58 am
EURUSD broke above 1.4843 previous high and reached as high as 1.4966 level, suggesting that the uptrend from 1.3748 (June 16 low) has resumed. Another rise towards 1.5100-1.5200 area is expected in a couple of weeks. Support...

EUR/USD 1.4936 – 16 October 2009

by ForexCycle.com | October 16, 2009 5:09 am
EUR/USD Open 1.4940 High 1.4966 Low 1.4855 Close 1.4944 On Thursday Euro/Dollar made a deep correctional movement, reaching a bottom at 1.4855, and closing the day at 1.4944. The 1.4966 level is a key resistance zone, the...

EUR/USD 1.4950 – 15 October 2009

by ForexCycle.com | October 15, 2009 5:23 am
EUR/USD Open 1.4927 High 1.4960 Low 1.4840 Close 1.4926 On Wednesday Euro/Dollar made an increasing movement, reaching a peak at 1.4945 on the DJIA going above 10,000, and closed the day at 1.4926. Although short term signals...

EUR/USD 1.4882 – 14 October 2009

by ForexCycle.com | October 14, 2009 5:06 am
EUR/USD Open 1.4846 High 1.4890 Low 1.4762 Close 1.4852 On Tuesday Euro/Dollar continued the upward trend as expected up to 1.4870. On the 3 hour chart the currency pair tried to reach higher bed, climbing above the...