Technical Analysis on FXone - page 33

 

Intraday Snapshot, FxPro

2011-08-04

EUR/USD

Support at 1.4258 is under threat, as the setback off 1.4375 has scope to extend. A break below 1.4258 would leave Wednesday's 1.4375 high as a near-term bull failure, and attract further EUR bear pressure towards 1.4188. However, this would also leave Wednesday's bear trap low at 1.4143 vulnerable. Keeping support at 1.4258 intact would leave the action rangebound up to 1.4375... read Intraday Snapshot

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Pre EU Open Analysis, FxPro

2011-08-05

EUR/USD INTRADAY: UNDER PRESSURE.

Pivot: 1.4170.

Most Likely Scenario: SHORT positions @ 1.416 with 1.406 & 1.4 in sight.

Alternative scenario: The upside penetration of 1.417 will call for 1.4235 & 1.4285.

Comment: the pair is posting a rebound but stands below its resistance.

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

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EUR/USD: Daily Outlook, Trend Recognition

2011-08-05

EURUSD: 1.4157

Very Short-Term Trend: weak downtrend

Outlook: Yesterday's expected decline was much bigger but eventually EUR found support right at the 1.4045 key level and this morgning bounced from there. As the hourly oscillators are moving up from previously being oversold, these are positive intra-day signals. Therefore, a bounce today twd 1.4230/50... read EUR/USD: Daily Outlook

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Morning Forex Overview‏, Dukascopy Bank

2011-08-05

PREVIOUS SESSION OVERVIEW

The euro recovered partly from an earlier plunge by early afternoon in Asia, though a sell-off in riskier assets in New York and London into the session had investors still on edge ahead of Friday's key nonfarm payrolls report in the U.S.

After selling broadly late in New York and early in Asia, the euro recovered some of its lost footing in recent action against both the dollar and the Swiss franc. After the Dow Jones Industrial Average lost more than 500 points Thursday, the euro had earlier pushed to a fresh all-time low against the Swiss franc and its lowest point against the dollar since July 18... read Morning Forex Overview

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Major Currency Pairs, Deltastock

2011-08-05

EUR/USD is in consolidation after the recent top at 1.4941 (May 4th, 2011). Technical indicators on аdaily basis are reversed and trading is situated above the 200-Day SMA and below the 50- Day SMA,currently projected at 1.3935.

After testing and breaking the support at 1.4150, the trading was transferred below 1.4200. If a break trough 1.4050 occurs the currency pair will target 1.3995 and 1.3950. In case of a break through the support level, a new price target of 1.3840 can be anticipated... read Major Currency Pairs

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Forex and Related Markets Commentary, HY Markets

2011-08-05

ENERGY

Crude Oil plunged below June's low on Thursday renewing the decline off May's high. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. If it extends this summer's decline, the 62% retracement level of the 2009-2011-rally crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted... read Forex and Related Markets Commentary

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Silver: strong rebound

2011-08-05 11:52:03 CET

Silver's (XAG/USD) strong drop leads to the test of support at 38,85 USD. Next support is situated in the 33-34 USD area. Key resistance at 42 USD... FXone Silver: strong rebound

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