Technical Analysis on FXone - page 18
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
GBPUSD: Technical Analysis, W1 XTB
2011-07-12
The GBPUSD currency pair has reached the lowest point since January 2011. From the technical point of view that downward movement has been created by the head and shoulders pattern and the break out of the neckline.
At the moment the nearest support and resistance levels are set by the lower and upper bound of the main (blue) channel. If the market stayes below the line drawn by the tops, then the bears can push the market to the head and shoulders price target at 1,5350 level... read GBPUSD: Technical Analysis, W1
FXone
Afternoon Forex Overview Dukascopy
2011-07-12
PREVIOUS SESSION OVERVIEW
Growing fears that Europe's debt maelstrom could engulf Italy sent the euro reeling to a four-month low against the dollar and a record low against the Swiss franc Tuesday, amid increasing pessimism about the euro zone's ability to forge a lasting solution to its crisis.
After weeks of having Greece's financial distress rile markets, Italy has now moved to the fore of investor concerns. Contagion worries have hammered Italian assets, just as the government moves to implement an austerity plan to reduce a yawning fiscal deficit within the next few years... read Afternoon Forex Overview
FXone
Pre EU Open Analysis FxPro
2011-07-13
EUR/USD INTRADAY: REBOUND EXPECTED.
Pivot: 1.3945.
Most Likely Scenario: LONG positions @ 1.3955 with targets @ 1.4065 & 1.412.
Alternative scenario: The downside penetration of 1.3945 will call for a slide towards 1.39 & 1.384.
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
EUR/USD: Daily Outlook Trend Recognition
2011-07-13
EURUSD: 1.4002
Very Short-Term Trend: weak downtrend
Outlook: EUR found support near the 1.3845 Fibo level and bounced back twd the 1.4045 Fibo level. This bounce has relieved the oversold conditions and right now the single currency is actually close to being overbought on its hourly chart. Thus, the recent downtrend is expected to resume today and below 1.3960/50 will confirm and will bring re-test on the 1.3845 level, below there will extend twd 1.3720... read EUR/USD: Daily Outlook
FXone
Morning Forex Overview Dukascopy
2011-07-13
PREVIOUS SESSION OVERVIEW
The dollar dropped to a four-month low against the yen in Asia Wednesday, as talks on the U.S. debt ceiling became bumpier, while mounting concerns over contagion of euro-zone debt problems left the Japanese currency as the least unattractive option... read Morning Forex Overview
FXone
Major Currency Pairs Deltastock
2011-07-13
EUR/USD
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
Pre US Open Analysis FxPro
2011-07-13
EUR/USD INTRADAY: FURTHER ADVANCE.
Pivot: 1.3975
Most Likely Scenario: Long positions above 1.3975 with targets @ 1.412 & 1.4185 in extension.
Alternative scenario: Below 1.3975 look for further downside with 1.39 & 1.384 as targets.
Comment: The RSI is well directed, the pair is breaking above its resistance and should post... read Pre US Open Analysis
FXone