Technical analysis (AUD /USD EUR /GBP EUR /JPY EUR/USD GBP/JPY GBP/USD USD /CH) - page 6

 
 

Technical Analysis 19/07/2010 FXCBS

Monday July 19 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded in a narrow range during the Asian session between the lowest level at 1.28827 and the highest level at 1.29193 , while the pair is trading now around the level of 1.29040.

Regarding to the pair Sterling against the U.S. dollar traded also in a narrow range during the Asian session between the highest level at 1.53207 and the lowest level at 1.52661, the pair is currently trading around the level of 1.53020.

Finally the pair U.S. dollar against the Japanese Yen traded in a narrow range during the Asia session between the lowest level at 86.711 and the highest level at 86.631 , the pair is trading now around the level of 86.619.

Market Expectations

EUR/USD : We expect today to the pair Euro against the U.S. dollar to decline in a correction movement to retest the level 50% Fibonacci which was penetrated around the level of 1.27850 to get red the negative signs which was seen through determined indicators, then the pair will go up again to the new target around the level 1.30900 and maybe more to the level 1.31870.

GBP/USD : etermined indicators for the pair Sterling against the U.S. dollar start show a positive sign, so we expect that the pair will rise to the target of 1.54500 then to the level 1.55000, stability of the trading above the level of 1.52500 is necessary to achieve these expectations.

USD/JPY : The pair U.S. dollar against the Japanese Yen Continue its negative pressure , determined indicators show positive signs which may lead the pair to an up corrective movement to the level of 87.540 before it can return to decline to the new target around the level of 85.300.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 23/07/2010 FXCBS

Friday July 23 , 2010

Previous session overview

The Euro against U.S. dollar traded today between the lowest level at 1.28604 and the highest level at 1.29653, while the pair is currently trading around the level of 1.28892.

Regarding the pair Sterling against the U.S. dollar, traded today between the lowest level at 1.52508 and the highest level at 1.54490, the pair is currently trading around the level of 1.54010.

Finally the pair U.S. dollar traded today between the lowest level at 86.735 and the highest level at 87.469, while the pair is currently trading around the level of 87.375.

Market Expectations

EUR/USD : etermined indicators for the pair Euro against the U.S. dollar started to show negative sign, therefore we expect the pair will decline to the level 1.27850, but we advice to monitor the trading for the pair until the Bank Stress Test Results are issued at 7:00pm.

GBP/USD : etermined indicators started to show negative signs for the pair Sterling against the U.S. dollar which may lead the pair to decline to the level of 1.52850 before it can go up again, stability of the trading below the level of 1.54550 necessary to achieve these expectations.

USD/JPY : The pair has gradually revisited the retest level mentioned this morning around 87.400, accompanied with ongoing negative signs from momentum indicators. Therefore, our expectations remain intact as long as stability is below 88.090.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 28/07/2010 FXCBS

Wednesday July 28 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded during the Asian session between the lowest level at 1.29665 and the highest level at 1.30161, the pair trading now around the level of 1.30109.

Regarding to the pair Sterling against the U.S. dollar traded during the Asian session between the lowest level at 1.55623 and the highest level 1.56171, the pair trading now around the level of 1.56149.

Finally the pair U.S. dollar against the Japanese Yen traded during the Asian session between the lowest level at 87.653 and the highest level at 87.918 , the pair trading now around the level of 87.841.

Market Expectations

EUR/USD : We expect today that the pair Euro against the U.S. dollar will test the resistance level at 1.30650 then decline to the level 1.29110, determined indicators for the daily and for the four hours candlestick support our expectations.

GBP/USD : etermined indicators for the pair Sterling against the U.S. dollar show negative signs which may lead the pair to decline to get rid of the negative signs before heading back to a bullish trend.

USD/JPY : The pair strongly pushed to the upside due to the positive signs appearing on Stochastic that is currently nearing overbought areas, our expectations will remain intact as long as the four-hour closing remains below 87.660.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 4/08/2010 FXCBS

Wednesday August 4 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded between the highest level at 1.32395 and the lowest level at 1.31833 , the pair trading now around the level of 1.32040.

Regarding to the pair sterling against the U.S. dollar also traded between the highest level at 1.59634 and the lowest level at 1.58917 , the pair trading now around the level of 1.59332.

Finally the pair U.S. dollar against the Japanese Yen traded between the lowest level at 85.325 and the highest level 85.905, the pair trading around the level of 85.771.

Market Expectations

EUR/USD : etermined indicators for the pair Euro against the U.S. dollar showing negative sign which may cause a decline for the pair to the level of 1.31150 which will start after the pair can breakthrough the level of 1.31850, stability of the trading below the level of 1.32940 necessary to achieve these expectations.

GBP/USD : We expect today a decline for the pair Sterling against the U.S. dollar to the level of 1.58000 in a corrective movement, stability of the trading below the level of 1.59950 necessary to achieve these expectations.

USD/JPY : The pair is trading within a narrow range since this morning, so we advice to monitor the trading today until we can get a clear expectations.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 5/08/2010 FXCBS

Thursday August 5 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded during the Asia session between the highest level at 1.31744 and the lowest level at 1.31191, and the highest level at 1.31744, the pair trading now around the level of 1.31456.

Regarding to the pair Sterling against the U.S. dollar traded during the Asia session between the lowest level at 1.58204 and the highest level 1.59095, the pair trading now around the level of 1.58387.

Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 86.015 and the highest level at 86.442 , the pair trading now around the level of 86.309.

Market Expectations

EUR/USD : The level of 1.32450 was strong resistance lead the pair of Euro against the U.S. dollar to decline to the level 1.31260, we expect today more decline start after the pair can penetrate the level of 1.30850, determined indicators still show negative sign support our expectations.

GBP/USD : We expect today more decline for the pair Sterling against the U.S. dollar to the level of 1.56890, these decline needs tow things first stability of the trading below the level of 1.58920 and penetration for the level 1.58000.

USD/JPY : The pair U.S. dollar against the Japanese Yen makes an up corrective to the level 38.2% Fibonacci , today we expect a decline for the pair support by negative sign which show through stochastic indicators to the level of 85.230 .

Senior Analyst / Ali Hasan /FXCBS

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