Technical Analysis on FXone - page 20

 

Major Currency Pairs Deltastock

2011-07-19

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... read Major Currency Pairs

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EURUSD: Technical Analysis, D1 XTB

2011-07-19

The EURUSD currency pair broke the important line today. It has been drawn by the local tops and the fact that the market is above it now can be a good situation for bulls... read EURUSD: Technical Analysis, D1

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Pre US Open Analysis FxPro

2011-07-19

EUR/USD INTRADAY: CONTINUATION OF THE REBOUND.

Pivot: 1.414

Most Likely Scenario: Long positions above 1.414 with targets @ 1.4225 & 1.4285 in extension.

Alternative scenario: Below 1.414 look for further downside with 1.4075 & 1.4025 as targets.

Comment: The pair has broken above an intraday bearish channel resistance and a ST bearish trend line... read Pre US Open Analysis

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GOLD: Record highs, but mounting risk of a sharp correction MIG Bank

2011-07-19

EUR/USD

Bullish engulfing targets key zone between 1.4282-1.4325.

EUR/USD triggered a bullish engulfing today that targets key resistance zone between 1.4282-1.4325 (14th July high/61.8/66% level). We remain negative, expecting current upside probes to fail into the latter zone.

Our short position continues to favour a resumption of the downside pattern breakout, offering an accelerated impulsive (wave 3) into 1.3700/1.3659 (2 yr uptrend/61.8% Fib-Jan 2011 rise), thereafter squeezing further conservative trend-followers into our initial objective at 1.3370.

A sustained close above 1.4325 would trigger a move into 1.4405/20. Only above here offers meaningful upside recovery into 1.4578 (05th July peak).... read GOLD: Record highs, but mounting risk of a sharp correction

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Intraday Snapshot FxPro

2011-07-19

EUR/USD

A bullish tone for EUR has developed, which brings the 1.4190 intraday lower high back into the picture. The failure to meet the minimum downside target at 1.4003 on Monday is a major concern for EUR bears, and a break above 1.4190 would leave Monday's low at 1.4014 as a bear failure. This in turn would prompt a recovery to the July 14 reaction high at 1.4282. Only a reversal below 1.4014 would put EUR bears back in control, exposing 1.3951 and the July 12 reaction low at 1.3837.... read Intraday Snapshot

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EUR/USD: Daily Outlook Trend Recognition

2011-07-20

EURUSD: 1.4137

Very Short-Term Trend: sideways

Outlook:

Contrary to our expectations EUR rallied against USD yesterday but failed to even test the 1.4280 top. As result, the hourly trend is now considered sideways. Right now the hourly oscillators point down, so some weakness is likely early today twd 1.4090/80 but probably we will witness another small bounce from there. Overall, we expect the prices to remain below roughly 1.40 and 1.42 for a few more days... read EUR/USD: Daily Outlook

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Morning Forex Overview‏ Dukascopy

2011-07-20

PREVIOUS SESSION OVERVIEW

The dollar and the euro held steady against the yen in Asia on Wednesday as progress in the debate over raising the U.S. debt ceiling appeared to reduce the risk of any U.S. credit rating downgrade, supporting risk sentiment.

Solid U.S. housing figures and some strong earnings results Tuesday also continued to support riskier assets, market participants said... read Morning Forex Overview

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Major Currency Pairs Deltastock

2011-07-20

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... read Major Currency Pairs

FXone

 

Daily Forex Analysis: The AUDJPY Could Continue Seeing Pressure, Fx-insights

2011-07-20

After the AUDJPY has been decreasing inside a slight downward trend channel for the past 3 months. The pair crossed the resistance level around 86.383 and pulled back to the support level near 83.788. It has been trading between these two levels; the MACD indicates an overbought market....read Daily Forex Analysis: The AUDJPY Could Continue Seeing Pressure

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Pre EU Open Analysis FxPro

2011-07-21

EUR/USD INTRADAY: SUPPORTED BY A RISING TREND LINE.

Pivot: 1.4200.

Most Likely Scenario: LONG positions @ 1.421 with 1.4285 & 1.437 in sight.

Alternative scenario: The downside penetration of 1.42 will call for 1.413 & 1.4105.

Comment: The pair is supported by a rising trend line.

Trend: ST Ltd Upside; MT Range... read Pre EU Open Analysis

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