Technical Analysis on FXone - page 25

 

Pre EU Open Analysis, FxPro

2011-07-27

EUR/USD INTRADAY: 1.458 IN SIGHT

Pivot: 1.4450.

Most Likely Scenario: LONG positions @ 1.447 with 1.4555 & 1.458 in sight.

Alternative scenario: The downside penetration of 1.445 will call for a slide towards 1.439 & 1.4325.

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

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

FXone

 

Market Snapshot, XTB

2011-07-27

Boehner deals with his own party, dollar slides

Republicans and Democrats seemed to be so far away from the compromise that Boehner decided to push forwards his own proposal in the Congress. However, even some deputies from his own party are uncomfortable with his proposal. Many say that it is more a quick fix rather than a permanent solution to fiscal problems. This hard line within his party means that it might be extremely difficult for Boehner to search a compromise with Democrats... read Market Snapshot

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Daily Forex Analysis: Cable, USDJPY (Fx-insights)

2011-07-27

GBPUSD was strong yesterday. It, with great strength, broke above 1.6338. It hit 1.6438 earlier today in Asian session. This bullish momentum is the continuation after break above 1.6192, and possibly targeting 1.6545. A clear break... read Daily Forex Analysis: Cable, USDJPY

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Major Currency Pairs, Deltastock

2011-07-27

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

2011-07-27

EUR/USD INTRADAY: BULLISH BIAS ABOVE 1.445.

Pivot: 1.445

Most Likely Scenario: Long positions above 1.445 with targets @ 1.4535 & 1.458 in extension.

Alternative scenario: Below 1.445 look for further downside with 1.439 & 1.4325 as targets.

Comment: the RSI is supported by a bullish trend line... read Pre US Open Analysis

FXone

 

Intraday Snapshot, FxPro

2011-07-27

EUR/USD

Further EUR gains to 1.4556 are expected, bringing the July 4 reaction high at 1.4580 and the 1.618 Fibonacci extension target at 1.4592 within striking distance. Tuesday's gains completed a bullish continuation pattern on the 60-minute chart, which has created room for a wave equality target at 1.4626. Corrective weakness will attract support while above 1.4422, and only below there would question the positive EUR outlook... read Intraday Snapshot

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Pre EU Open Analysis, FxPro

2011-07-28

EUR/USD INTRADAY: UNDER PRESSURE.

Pivot: 1.4410.

Most Likely Scenario: SHORT positions @ 1.44 with 1.4325 & 1.427 as next targets.

Alternative scenario: The upside penetration of 1.441 will call for a rebound towards 1.446 & 1.4535.

Comment: The 120-min RSI validated a bearish divergence calling for a correction. The downside breakout of 1.4325 will trigger a bearish acceleration.

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

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