mt4 session

Global Sentiment Continues to Dominate Euro Moves

With no major data released in the European session, the euro was at the mercy of global sentiment as volatility increased in overnight trading.During the European session, the euro hit session lows at 1.2868 USD. EUR/USD recovered, hitting session highs at 1.2958, as U.S. equity futures moved higher. However, the pair is still unable to reach 1.30 USD, which is a key resistance level. The cross is now showing modest gains, trading in the middle of today's

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Forex: USD/JPY losts initial gains and falls to 94.75

FXstreet.com (Barcelona) - After trading in a small range between 95.00 and 95.20 during the late Asian and European session, the USD/JPY has been rejected by the 95.20 resistance in the early American session and it has fallen around 45 pips to find support at 94.75 (EMA55 level). Currently the pair is trading around 94.80, same today's opening price action.Valeria Bednarik, FXstreet.com collaborator, comments that USD/JPY is in consolidation mode: Pair regained the upside during Asian session, and continues consolidating

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Stronger Canadian Retail Sales Unable to Support Canadian Dollar

The Canadian dollar has shrugged off stronger-than-expected retail sales and continues to lose ground against the U.S. dollar ahead of the North American trading session on Friday.Due to a Japanese government holiday, trading in the Asian session was relatively quiet for USD/CAD, which has traded in a fairly tight range. However, volatility picked up in the European session where the cross hit a session low at 1.2293 CAD. The U.S. dollar was quick to recover its losses,

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Relatively Quiet Day for Canadian Dollar Ahead of Thursday BOC MPR

It's a relatively quiet day for the Canadian dollar as it shows modest moves against the U.S. dollar following a negative open to the North American session Wednesday.USD/CAD has traded in a fairly tight range through most of the overnight session. Ahead of the open the cross hit a high of 1.2476 CAD. However, the U.S. dollar was unable to hold its gains and the cross is under significant pressure trading below 1.2350 CAD.Minor Canadian data is

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Weak European Data Drags Euro Down Against the U.S. Dollar

Weak inflation and employment data is taking its toll on the euro as it remains under pressure against the greenback Thursday morning.Positive market sentiment appeared to support the euro during the Asian session. EUR/USD trended higher but was unable to hit 1.34 USD. The cross fell sharply after hitting a session high of 1.3386 USD.Positive U.S. data is also not providing any momentum for the single currency. The euro fell to the session low following a smaller-than-expected

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Forex: AUD/USD rises 1.50% to reach 0.7770, fresh 7-month high

Fxstreet.com (Barcelona) - The Australian Dollar has taken this week vigorously against the Dollar and the AUD/USD has risen more than 300 pips in two days from 0.7450, yesterday's low in the early Asian session, to reach the 0.7770, fresh 7-month high ahead the American morning. Gold is pushing pressure to the Aussie as the XAU is trading around 923.00, after falling from 930.00 yesterday's session. Also, Glenn Stevens said that Global recovery will probably happen finish 2009. AUD/USD is

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Euro Holds Gains Against U.S. Dollar

A small rise in market sentiment could be helping the euro move higher against the U.S. dollar Wednesday afternoon.It has been a relatively quiet day for the euro. No major data was released during the European session and flat U.S. equity markets are not providing much direction for EUR/USD.The cross jumped over a cent following the North American open and has managed to hold gains above 1.30 USD, hitting a high of 1.3037 USD. Negative news from GM

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Euro Unable to Find Support Despite Stronger PMI Data

Better-than-expected European PMI data are not helping the euro make new gains against the U.S. dollar on Tuesday morning. A modest drop in U.S. equity futures is having more of an impact as EUR/USD is dragged lower ahead of the North American trading session.The euro traded higher during the Asian trading session but gains were capped just below the 1.37 USD level. EUR/USD dropped more than 1.5 cents after hitting session highs and is currently trading near

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