Technical Analysis on FXone - page 16

 

EUR/USD: Short Term Outlook Trendrecognition

2011-07-11

EURUSD

Update for: 2011-07-11 - 2011-07-17

Short-Term Trend: sideways

Outlook: If the presented triangle on the chart is bullish, then the prices should not fall below 1.4070 no matter whether waves (d) and (e) are over or not. And then after some further consolidation, EUR will explode higher twd at least 1.5000 level in late summer/early fall. However... read EUR/USD: Short Term Outlook

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Market Snapshot XTB

2011-07-11

The payrolls report disappointed

After the ADP went in line with the picture drawn by the smaller pieces of the data from the labor market investors expected the payrolls report to be just a formality. That made the disappointment even stronger as the report showed a rise in employment of a mere 18k and a cut... read Market Snapshot

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GBP/USD: Short Term Outlook Trend Recognition

Update for: 2011-07-11 - 2011-07-17

GBPUSD

Short-Term Trend: downtrend

Outlook: Well, the downtrend on the daily chart is still considered strong because the prices are below the declining 21-day moving average. However, there has been no follow through selling for the past couple of weeks and I begin to doubt that my analysis is correct. A firm and sustained break... read GBP/USD: Short Term Outlook

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Morning Forex Overview‏ Dukascopy Bank

2011-07-11

PREVIOUS SESSION OVERVIEW

The euro fell against the dollar and yen on Monday in Asia due to worries over debt crisis contagion in Europe as investors speculate that senior European officials may accept a partial default of Greek debt later in the day.

The European unit was at USD1.4189 at 0450 GMT from USD1.4265 in New York on Friday. Dealers said it may fall to USD1.4000 later in the day. The euro was at JPY114.61 from JPY114.96... read Morning Forex Overview

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Today's Gold Forecast ForexMillion

2011-07-11

The pair is trading along an uptrend.

The uptrend may be expected to continue in case the market rises above resistance level 1552, which will be followed by reaching resistance level 1567.

An downtrend will start... read Today's Gold Forecast

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Pre US Open Analysis FxPro

2011-07-11

EUR/USD INTRADAY: THE DOWNSIDE PREVAILS.

Pivot: 1.4225

Most Likely Scenario: Short positions below 1.4225 with targets @ 1.41 & 1.405 in extension.

Alternative scenario: Above 1.4225 look for further upside with 1.427 & 1.431 as targets.

Comment: the pair stands below its new resistance and remains under pressure... read Pre US Open Analysis

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Pre US Open Analysis FxPro

2011-07-11

EUR/USD INTRADAY: THE DOWNSIDE PREVAILS.

Pivot: 1.4225

Most Likely Scenario: Short positions below 1.4225 with targets @ 1.41 & 1.405 in extension.

Alternative scenario: Above 1.4225 look for further upside with 1.427 & 1.431 as targets.

Comment: the pair stands below its new resistance and remains under pressure... read Pre US Open Analysis

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Major Currency Pairs Deltastock

2011-07-11

EUR/USD is in a consolidation after the recent top at 1.4941 (May 4th, 2011). Technical indicators are descending and trading is situated between the 50- and 200-Day SMA, currently projected at 1.4311 and 1.3636.

Friday's quick rise to 1.4350 was the final leg of the consolidation pattern since 1.4220 low and now the downtrend has been renewed, for 1.4070, en route to 1.3969. Initial resistance is projected at 1.4182... read Major Currency Pairs

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Intraday Snapshot FxPro

2011-07-11

EUR/USD

The single currency remains under the cosh, and the support line of a seven-week bear pennant at 1.4168 is under threat. A significant lower high at 1.4375 has been confirmed, and a push lower to 1.4122 and towards the 1.4015/24 projected target area is expected during the coming sessions. A recovery above 1.4227 would provide temporary respite, but only regaining ground above Monday's Asian session high at 1.4300 would give EUR a boost... read Intraday Snapshot

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