Technical Analysis on FXone - page 22

 

EUR/USD: Daily Outlook Trend Recognition

2011-07-22

Very Short-Term Trend: uptrend

Outlook: EUR found support at the trendline from the July low and then rallied sharply. Once the 1.4290 level was taken out, the uptrend accelerated. Now, the pair is consolidating yesterday's big gains and we expect another strong rise later today twd the 1.4570 level. Only a move below 1.4290 will negate the current bullish outlook... read EUR/USD: Daily Outlook

FXone

 
 

Major Currency Pairs, Deltastock

2011-07-22

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

 

Today's Gold Forecast ForexMillion

2011-07-22

The pair is trading along an sideways trading pattern.

An downtrend will start as soon as the pair drops below support level 1583, which will be followed by moving down to support level 1574 and then 1567... read Today's Gold Forecast

FXone

 

Pre US Open Analysis FxPro

2011-07-22

EUR/USD INTRADAY: BULLISH BIAS ABOVE 1.429.

Pivot: 1.429

Most Likely Scenario: Long positions above 1.429 with targets @ 1.444 & 1.45 in extension.

Alternative scenario: Below 1.429 look for further downside with 1.422 & 1.414 as targets.

Comment: The immediate trend remains up and the momentum is strong... read Pre US Open Analysis

FXone

 
 

Forex and Related Markets Commentary, HY Markets

2011-07-22

FOREIGN EXCHANGE

EUR/USD closed higher on Thursday as it extended the rally off this month's low. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. Today's close above the 20-day moving average crossing confirms that a short-term low has been posted. If it extends this week's rally, July's high crossing is the next upside target. Closes below the reaction low crossing would confirm that a short-term top has been posted... read Forex and Related Markets Commentary

FXone

 

Morning Forex Overview‏, Dukascopy Bank

2011-07-25

PREVIOUS SESSION OVERVIEW

Asian currency markets took the U.S. debt impasse largely in stride Monday, but the euro slid late in the session when Greece was downgraded to near-default status.

Democrats and Republicans missed a deadline they had set for themselves for a deal to raise the debt ceiling and avoid default in time for Asian markets to open. But while the dollar weakened, traders seemed if anything bored with the exercise: data indicate activity among major currencies were barely half their average levels of the past 30 sessions... read Morning Forex Overview

FXone

 

Pre EU Open Analysis, FxPro

2011-07-25

EUR/USD INTRADAY: BULLISH BIAS ABOVE 1.429

Pivot: 1.4290.

Most Likely Scenario: LONG positions @ 1.43 with 1.444 & 1.45 as next targets.

Alternative scenario: The downside penetration of 1.429 will call for 1.4255 & 1.422.

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

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

FXone

 

EUR/USD: Short Term Outlook, Trend Recognition

2011-07-25

EURUSD: 1.4358

Short-Term Trend: sideways

Outlook: EUR rallied last week so the previous bearish idea for a reversal triangle from the early May top was negated. Unfortunately, the price pattern is unclear at this stage - not only the pattern of the pullback from the May's top, but also of the entire rally from this year's low... read EUR/USD: Short Term Outlook

FXone