You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Pre EU Open Analysis, FxPro
EUR/USD INTRADAY: REBOUND EXPECTED.
Pivot: 1.4125.
Most Likely Scenario: LONG positions @ 1.4135 with 1.431 & 1.4375 as next targets.
Alternative scenario: The downside penetration of 1.4125 will call for 1.4085 & 1.4055.
Comment: The pair is pulling back on its support ahead of a rebound, the RSI is mixed to bullish.
Trend: ST Ltd Upside; MT Range... read Pre EU Open Analysis
FXone
USD/JPY: Daily Outlook, Trend Recognition
2011-08-12
USDJPY: 76.75
Very Short-Term Trend: weak downtrend
Outlook: Our short attempt was stopped out yesterday but the hourly chart has not changed. The pair remains in weak downtrend and since the market is now overbought and hourly oscillators are moving on to sell signals, we expect another leg down to take place today. And below 76.30 we may see some downside acceleration twd 74.50 level... read USD/JPY: Daily Outlook
FXone
Today's EUR/USD Forecast, ForexMilion
2011-08-12
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.4250, which will be followed by moving up to resistance level 1.4370.
An downtrend will start as soon as the pair drops below support level 1.4100, which will be followed by moving down to support level 1.3965... read Today's EUR/USD Forecast
FXone
Pre US Open Analysis, FxPro
2011-08-12
EUR/USD INTRADAY: REBOUND.
Pivot: 1.415
Most Likely Scenario: Long positions above 1.415 with targets @ 1.431 & 1.4375 in extension.
Alternative scenario: Below 1.415 look for further downside with 1.41 & 1.4055 as targets.
Comment: The pair is rebounding on its support and should post further advance as the RSI is well directed... read Pre US Open Analysis
FXone
Intraday Snapshot, FxPro
2011-08-12
EUR/USD
The corrective rally off 1.4103 has created upside scope to the 1.4335 area. However, reaching 1.4335 will be dependent on projected support at 1.4144 holding. The main threat remains to the downside, as Wednesday's weakness completed a bear pennant continuation pattern on the daily chart, and a break below 1.4103 would extend the dominant short-term downtrend to 1.4055 and towards 1.3920. Only a sustained break above 1.4335 would provide respite, opening 1.4402.
GBP/USD
Resistance at 1.6275 is likely to come under pressure, following Thursday's recovery off 1.6114. However, only a break above there would put GBP bulls in control, opening 1.6326 and leaving the 1.6114 low stranded. Whilst below 1.6275, there is still downside risk to the 1.6040 support area, achievable on a break below 1.6114... read Intraday Snapshot
FXone
Forex and Related Markets Commentary, HY Markets
2011-08-12
FOREX
EUR/USD closed higher on Thursday while extending the trading range of the past three weeks. The mid-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI remain neutral to bearish signalling that additional weakness is possible near-term. If it extends the decline off July's high, July's low crossing is the next downside target. Closes above the reaction high crossing are needed to renew the rally off July's low.
USD/JPY closed higher and the mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. Closes below the reaction low crossing would renew this summer's decline into uncharted territory. Closes above the 20-day moving average crossing would signal that a double bottom with the early-August low has been posted... read Forex and Related Markets Commentary
FXone