posted by
ooogleemooglee
1444 days ago
in Technical, Daily
EUR/USD : Our strategy yesterday proved accurate, as euro moved between the ranges we had set for sell positions. We follow the trend until 1.5445-50 lows, while a potential break may be followed with new sell positions with target at the 1.5360-8...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
The pound slid versus the dollar on Thursday as the U.S. currency rose broadly on growing speculation of higher U.S. interest rates and on souring sentiment on Britain's economy. Figures showing rising unemployment on Wednesday were the latest in ...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
A rally to 1.0450 has been seen so far in the day and this holds as an important Resistance (the top end of the range from 1.0150-1.0450) for now. A rise past from here could lead on to 1.0524. If and while the Resistance holds a fall towards 1.04...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
EUR/USD has fallen heavily to 1.5400 our next down target over the last trading sessions as it was suggested Today focus will be on US Core Retail Sales numbers at 12:30 GMT The consensus is at 0.7% On downside, below 1.5400 first immediate Suppor...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
After the descent of US Dollar yesterday against the Japanese Yen the Dollar started climbing again from yesterday's bottom 106.60 to today's top 107.75, which are the first support and resistance levels respectively for the currency couple today....
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
Although a higher one-day close was registered Wednesday following its decline off the 1.5842 higher was seen wiping out those gains in early morning trading today suggesting its weakness highlighted in our previous analysis could see it targeting...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
Today I checked out the USD/JPY charts, to see on which way is this pair… and maybe we could be very near to the resistance zone, which could push prices down in to the new lows., Especially if you look at the monthly chart, where we can see tha...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
We are reiterating what we wrote yesterday when we presented the new count. “The USDJPY rally has gone through 107.20 so we need to look at other counts. One decline treats the drop from 124.13-95.72 as a W-X-Y decline (7 waves, which is correct...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
In eur/$, the bigger picture view remains unchanged as trade from the April high at 1.6015 is seen as a large correction, with eventual new highs above 1.0615 after. Strategically, been suggesting to fade the extremes of the shorter term range and...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
Price action on the GBP/USD 4-hour chart, as shown, is approaching a very significant horizontal support level. This level resides around the 1.9350 region, which has been well-respected by at least three very precise bounces since the beginning o...
posted by
ooogleemooglee
1444 days ago
in Technical, Daily
The British pound is precariously perched on near a key Fibonacci retracement level... and testing key chart support between 19400-50. Background fundamentals continue to deteriorate in Britain. And Prime Minister Brown is taking flak from many qu...
posted by
wiredprg
1444 days ago
in Fundamental
The dollar fell on some modest profit taking yesterday, following a steep rally. However, overnight the Greenback fought back, despite ongoing weakness in global equities. It seems markets are afraid to be dollar short ahead of the G-8 weekend, fo...