Blogs Posts on "Weekly Trade"

5th October to 9th October 2009 Euro / USD by Euro and dollar forex news on Oct 6, 2009From the technical perspective, the dollar closed at mixed levels. Its fall from 1.4842 to 1.4483 signals a downward trend. Another fall is still in favor as the resistance line of 1.4672 still holds well. Hence unless the rate reaches as low as the...

21th September to 25th September 2009 Euro / USD by Best Job Information on Sep 22, 2009EUR/USD pair has reached as high as 1.4765 of previous week however as per the diverging bearish situations during 4 hours MACD and RSI are considerably diminishing upside momentum. A top can be expected in sometime for a short term which however is...

14th September to 18th September 2009 Euro / USD by Euro and dollar forex news on Sep 16, 2009Fortunately, EUR/USD witnessed a high of 1.4633 previous week with the retracement of 61.8%. This retracement took place at 1.4622 of 1.6039 to 1.2329. After retracement is achieved the decline in the momentum of the pair could be observed since then...

17th August to 21th August 2009 Euro / USD by Best Job Information on Aug 17, 2009EURO/USD rebounded from previous week’s 1.4086. The rebounding of EURO/USD got restricted to 1.4326 which is below the 1.4328 resistances and reversed back. The rebound is completed and alternates the intraday bias right away downside at the break...

10th August to 14th August 2009 Euro / USD by Euro and dollar forex news on Aug 10, 2009It’s been depicted that the pair of Euro/USD has topped the charts once again with the support of break at 1.4206. Euro/USD has reached as higher to 1.4446 and shown quick reversal then on. This week’s predictions forecast that there will be basi...

27th July to 31th July 2009 Euro / USD by Euro and dollar forex news on Jul 27, 2009As expected, euro/USD had a slight rise to 1.4290 but had tilted sideways last week. There are chances to expect a consolidation while the initial bias will remain similar to that of the last week. Downside will be contained with the support of combi...

20th July to 24th July 2009 Euro / USD by Euro and dollar forex news on Jul 20, 2009Last week had drastic impact on the forex market however scene seems to be reviewed this week. Dollar index dropped down close to 79.49 losing 77 points maintaining index still above June’s lowest at 78.33. As per the calculations, further decl...

13th July to 17th July 2009 Euro / USD by Euro and dollar forex news on Jul 14, 2009On 13 July 2009, euro seems to have moved down the ladder in lieu of USD. This implicates the clouds of heavy debts around Euro zone nations. This aversion and drastic overnight shift in the Euro/USD is the resultant of UK bearish column. It’s...

6th July to 10th July 2009 Euro / USD by Euro and dollar forex news on Jul 6, 2009This week euro saw a setback when it slipped beyond 1.4000 mark. Currently the currency is trading at the rate of 1.3985. It slipped 0.55% from the previous week and 1.76% from the last week’s trading. The fundamental trend of the currency was...

29th June to 3th July 2009 Euro / USD by Euro and dollar forex news on Jun 29, 2009Volatility sessions of euro currency The euro currency observed a week on the high note. The euro is currently at the rate of 1.4062 against US dollar. This rate was up by 0.87% from the trading of the last week. Moreover the currency observed the up...