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...

EUR/USD 1.4628 – 1 October 2009

by ForexCycle.com | October 1, 2009 6:09 am
EUR/USD Open 1.4641 High 1.4670 Low 1.4582 Close 1.4636 On Wednesday Euro/Dollar made an increasing movement up to 1.4670, from which point the currency couple bounced downwards, closing the day at 1.4636. If trading goes under 1.4535,...

EUR/USD 1.4626 – 30 September 2009

by ForexCycle.com | September 30, 2009 5:12 am
EUR/USD Open 1.4586 High 1.4643 Low 1.4534 Close 1.4584 The descending scenario of the Euro/Dollar is still intact as the currency couple went down to 1.4534 on Tuesday, than rising up to 1.4643 as expected, closing the...

EUR/USD 1.4638 – 29 September 2009

by ForexCycle.com | September 29, 2009 5:31 am
EUR/USD Open 1.4626 High 1.4721 Low 1.4565 Close 1.4620 Euro/Dollar continued the bearish movement on Monday down to the 1.4565, from where increased up to 4669, as expected, closing the day at 1.4620. Of the 3 hour...

EURUSD Analysis – September 26, 2009

by ForexCycle.com | September 26, 2009 3:47 am
EURUSD may be forming a cycle top at 1.4843 level on daily chart. Range trading between 1.4500 and 1.4843 would more likely be seen next week. However, the price action from 1.4843 is treated as consolidation of...

EUR/USD 1.4662 – 25 September 2009

by ForexCycle.com | September 25, 2009 5:20 am
EUR/USD Open 1.4654 High 1.4797 Low 1.4615 Close 1.4662 On Thursday Euro/Dollar attempted to rise, reaching a peak at 1.4797, as expected, where further bullish movement was limited and the currency pair dropped to 1.4615, closing the...

EUR/USD 1.4723 – 24 September 2009

by ForexCycle.com | September 24, 2009 5:31 am
EUR/USD Open 1.4710 High 1.4838 Low 1.4687 Close 1.4734 Euro/Dollar made significant bearish momentum on Wednesday, dropping with around 250 pips. On the 3 hour chart, after a break down of the lower limit of the ascending...

EUR/USD 1.4810 – 23 September 2009

by ForexCycle.com | September 23, 2009 5:13 am
EUR/USD Open 1.4796 High 1.4838 Low 1.4681 Close 1.4792 On Tuesday Euro/Dollar increased significantly from the 1.4681 bottom to the 1.4815 top, closing the day at 1.4792. Today, the European currency continued rising up to 1.4838. Our...