Technical Analysis on FXone - page 15
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
2011-07-08
EUR/USD INTRADAY: THE UPSIDE PREVAILS.
Pivot: 1.4300.
Most Likely Scenario: LONG positions @ 1.431 with targets @ 1.4375 & 1.44.
Alternative scenario: The downside breakout of 1.43 will open the way to 1.4245 & 1.42.
Comment: the pair stands above its new support and should post a rebound.
Trend: ST Ltd Upside; MT Range... read Pre EU Open Analysis
FXone
Morning Forex Overview Dukascopy
2011-07-08
PREVIOUS SESSION OVERVIEW
The dollar edged up against its major counterparts in Asia Friday as investors speculated that a key monthly U.S. jobs report later in the global day will come in strong, after separate employment data Thursday showed the labor market firming more than expected.
At 0450 GMT, the dollar was up at JPY81.27 from JPY81.24 late Thursday in New York. The common currency was at USD1.4338 at 0450 GMT, down from USD1.4359... read Morning Forex Overview
FXone
EUR/USD: Daily Outlook Trend Trend Recognition
2011-07-08 09:39:13 CET
EURUSD: 1.4359
Very Short-Term Trend: weak downtrend
Outlook: Yesterday the single currency dropped to 1.4222 but then recovered sharply. Now, as long as the prices stay below 1.4390/1.4400, the hourly chart remains mildly bearish and we expect to see a re-test on yesterday's low. However, since the minimum requirement for wave... read EUR/USD: Daily Outlook
FXone
Pre US Open Analysis FxPro
2011-07-08
EUR/USD INTRADAY: TURNING DOWN.
Pivot: 1.433
Most Likely Scenario: Short positions below 1.433 with targets @ 1.4245 & 1.42 in extension.
Alternative scenario: Above 1.433 look for further upside with 1.4375 & 1.44 as targets.
Comment: The RSI has broken below a rising trend line, the pair is on the downside and should reach its previous low.... read Pre US Open Analysis
FXone
Major Currency Pairs
Deltastock
2011-07-08
EUR/USD
Current level - 1.4252
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.
Yesterday's sharp reversal at 1.4220 initiated a corrective pattern, preceding next wave downwards, for a break below 1.4170 dynamic support, en route to 1.4070 low. Initial resistance on the upside is projected at 1.4331... read Major Currency Pairs
FXone
Intraday Snapshot FxPro
2011-07-08
EUR/USD
The recovery off 1.4220 is likely to struggle, with resistance levels at 1.4400 and 1.4450 looming overhead. The setback off 1.4375 is on course to test projected support at 1.4294, but while 1.4294 support holds, there is room for corrective gains to 1.4450. A sustained push below 1.4294 would prompt a return to Thursday's low at 1.4220.
GBP/USD
Renewed GBP bear pressure is expected on the important late June lows at 1.5911, as risk for another powerful bear wave increases. The main threat is for a downtrend extension into fresh five-month lows below 1.5911, exposing downside targets at 1.5859 and 1.5675 for the short-term, and 1.5375 for the longer-term. A recovery above 1.6020 is required to offer temporary respite, but only above 1.6089 would lift the tone
... read Intraday Snapshot
FXone
Pre EU Open Analysis FxPro
2011-07-11
EUR/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.4270.
Most Likely Scenario: SHORT positions @ 1.426 with targets @ 1.416 & 1.4125.
Alternative scenario: The upside penetration of 1.427 will call for 1.431 & 1.4375.
Comment: The pair is under pressure and is approaching its next support.
Trend: ST Ltd Upside; MT Range... read Pre EU Open Analysis
FXone