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...

EUR/USD 1.4770 – 13 October 2009

by ForexCycle.com | October 13, 2009 5:19 am
EUR/USD Open 1.4781 High 1.4812 Low 1.4680 Close 1.4771 Euro/Dollar made downward correction on Monday, reaching a bottom at 1.4680, from where it sharply rose up to the 1.4680 top, closing the day at 1.4771. We may...

EURUSD Analysis – October 10, 2009

by ForexCycle.com | October 10, 2009 4:08 am
EURUSD remains in uptrend from 1.3748 and the price action from 1.4843 is more likely consolidation of uptrend. Range trading between 1.4484 and 1.4843 is expected next week, and another pullback towards 1.4484 is possible. As long...

EUR/USD 1.4749 – 8 October 2009

by ForexCycle.com | October 8, 2009 5:22 am
EUR/USD Open 1.4687 High 1.4773 Low 1.4655 Close 1.4688 Euro/Dollar made a moderate increasing movement on Wednesday, reaching a peak at 1.4736, than dropping down to the 1.4655 bottom, closing the day at 1.4688. On the 3...

EUR/USD 1.4703 – 7 October 2009

by ForexCycle.com | October 7, 2009 5:16 am
EUR/USD Open 1.4716 High 1.4754 Low 1.4645 Close 1.4719 On Tuesday Euro/Dollar traded moderately upwards. The currency couple rose up to the 1.4754 top, where it found strong resistance, and closed the day at 1.4719. The current...

EUR/USD 1.4703 – 6 October 2009

by ForexCycle.com | October 6, 2009 5:46 am
EUR/USD Open 1.4648 High 1.4718 Low 1.4581 Close 1.4647 Euro/Dollar made a moderately increasing movement on Monday. The currency couple attempted to rise, reaching a peak at 1.4667, where the bullish impulse was limited, and the currency...

EURUSD Analysis – October 3, 2009

by ForexCycle.com | October 3, 2009 2:14 am
EURUSD formed a cycle top at 1.4843 level on daily chart. Range trading between 1.4400 and 1.4843 is possible in a couple of weeks. However, the price action from 1.4843 is more likely consolidation of uptrend from...

EUR/USD 1.4547 – 2 October 2009

by ForexCycle.com | October 2, 2009 5:22 am
EUR/USD Open 1.4538 High 1.4668 Low 1.4503 Close 1.4542 Euro/Dollar made a decreasing movement on Thursday from the 1.4668 top, to the 1.4518 bottom, closing the day at 1.4542. Although the downward correction may be limited for...