Technical Analysis on FXone - page 7

 

Pre US Open Analysis

Pre US Open Analysis (FxPro)

2011-06-28

EUR/USD INTRADAY: REBOUND EXPECTED.

Pivot: 1.4235

Most Likely Scenario: Long positions above 1.4235 with targets @ 1.4325 & 1.4355 in extension.

Alternative scenario: Below 1.4235 look for further downside with 1.42 & 1.416 as targets.

Comment: The pair has struck against its resistance and is pulling back on its support ahead of a rebound... read full article

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Major Currency Pairs: EUR/USD (Deltastock)

2011-06-28

Current level - 1.4269

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.... more

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Afternoon Forex Overview‏ (Dukascopy)

2011-06-28

PREVIOUS SESSION OVERVIEW

A choppy session for the euro as pre-vote nerves remain strained and mixed central-bank commentary doesn't help.

EURUSD rallied early session helped by Chinese PM Wen's comment that he wanted to double Sino-German trade within five years. However, the spot couldn't better Asia's USD1.43330 highs and drifted off with the day's USD1.4237 lows seen after BOK Governor Kim questioned buying European debt, only to bounce by some 40 ticks after ECB President Trichet said he was on strong vigilance watch... full article

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Pre EU Open Analysis (FxPro)

2011-06-29

EUR/USD INTRADAY: THE UPSIDE PREVAILS.

Pivot: 1.4325.

Most Likely Scenario: LONG positions above 1.4325 with 1.44 & 1.4455 in sight.

Alternative scenario: The downside penetration of 1.4325 will call for a slide towards 1.4275 & 1.4235.

Comment: The RSI is supported by a rising trend line, the pair stands above its support and remains on the upside.

Trend: ST Ltd Upside; MT Range... read full article

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EUR/USD: Daily Outlook (Trend Recognition)

2011-06-29

EURUSD: 1.4389

Very Short-Term Trend: sideways consolidation

Outlook: EUR remains very strong against USD but until it overcomes the 1.4440 level the trend is considered sideways on the hourly chart. And since the hourly oscillators are heavily overbought and... read more

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

2011-06-29

USDJPY: After undergoing a fairly intense drop off from the 85.50 area several days back, the market looks to have finally found some support in the 80.00 area and might be in the process of carving out some form of a base. Look for setbacks to continue to be well supported around 80.00 with only a close back below 79.50 to give reason... read Daily Forex Analysis: USDJPY and Cable

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