Technical Analysis on FXone - page 44

 
 

Pre EU Open Analysis, FxPro

2011-09-02

EUR/USD INTRADAY: UNDER PRESSURE.

Pivot: 1.4300.

Most Likely Scenario: SHORT positions @ 1.429 with targets @ 1.425 & 1.422.

Alternative scenario: The upside breakout of 1.43 will open the way to 1.435 & 1.4385.

Comment: The pair RSI is capped by a declining trend line, the pair remains under pressure and should face further weakness.

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

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Morning Forex Overview‏, Dukascopy Bank

2011-09-02

FUNDAMENTAL MARKET OVERVIEW

EUR

Japanese stocks edged higher on Thursday for sixth consecutive day, as outlook for exporters was lifted by stronger than expected manufacturing activity in the U.S. and China. The Nikkei 225 rose 1.18% to 9,060.8, while the broader Topix climbed 1% to 778.28.

USD

"Sentiment has mostly been what's fueled a lot of the concern and negativity over the economic outlook in the last month," said Stephen Stanley, chief economist at Pierpont Securities LLC. "The economy is going to be OK, not great, but we'll still certainly see an acceleration in growth from the first half of the year.".. read Morning Forex Overview

FXone

 

Market Snapshot, XTB

2011-09-02

US macro: slowing but not crushing

The US industrial ISM inched down to 50,6 pts. in August from 50,9 pts. in July. This is the lowest level in more than two years yet at the same time it is clearly higher than assumed by the market consensus (48,5 pts.) not to mention the reading suggested by regional indicators (The Philly Fed for instance suggested a massive contraction). Initial claims were also a notch better (down to 409k), suggesting that companies are in no rush to reduce their payrolls as they were in the fall of 2008... read Market Snapshot

FXone

 

Today's EUR/USD Forecast

2011-09-02 09:35:03 CET

The pair is trading along an downtrend.

The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.4175 and then 1.4100. read Today's EUR/USD Forecast

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Today's Gold Forecast, ForexMillion

2011-09-02

The pair is trading along an uptrend.

The uptrend may be expected to continue in case the market rises above resistance level 1838, which will be followed by reaching resistance level 1862... read Today's Gold Forecast

FXone

 

Major Currency Pairs, HY Markets

2011-09-02

EUR/USD

As we are approaching the beginning of September, heavier volumes are executed on the market an the pair will try to escape from last month's broad range below 1.4580. Trend dynamics is expected to emerge this week, and the focus will be set at 1.4690 and 1.4940 resistance areas.

Although the downtrend from 1.4550 is still intact, I favor a reversal around current levels for 1.4470, en route to 1.4550. Crucial resistance on the upside is 1.4288... read Major Currency Pairs

FXone

 

Major Currency Pairs, Deltastock

2011-09-05

EUR/USD

As we are approaching the beginning of September, heavier volumes are executed on the market an the pair will try to escape from last month's broad range below 1.4580. Trend dynamics is expected to emerge this week, and the focus will be set at 1.4690 and 1.4940 resistance areas... read Major Currency Pairs

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Pre US Open Analysis, FxPro

2011-09-05

EUR/USD INTRADAY: THE DOWNSIDE PREVAILS.

Pivot: 1.418

Most Likely Scenario: Short positions below 1.418 with targets @ 1.41 & 1.405 in extension.

Alternative scenario: Above 1.418 look for further upside with 1.423 & 1.43 as targets.

Comment: the pair stands below its resistance and remains under pressure as the RSI is capped by a MT declining trend line... read Pre US Open Analysis

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