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Daily technical outlook 7-23-10

posted by liviuf 674 days ago in EUR, AUD, Technical made popular 674 days ago

EURUSD The euro switched course after flirting with 1.2750 and was back around Friday’s closing level at 1.2915 30 minutes ago. The break above interim resistance region between 1.2860 and 1.2900 confirms that uptrend resumes but we have to keep

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Daily technical outlook 7-22-10

posted by liviuf 675 days ago in EUR, Technical, Gold made popular 675 days ago

EURUSD - The dollar rose across the board before the stress test results will be released in Europe. Euro’s slide to $1.2735 between the 50% and 61.8% retracement levels of 1.2522-1.3028 seems corrective as it managed to recover some ground and i

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Daily technical outlook 7-21-10

posted by liviuf 676 days ago in EUR, AUD, Technical made popular 676 days ago

EURUSD - The euro pulled back once again after testing 1.3 but the upside remains favored, although current slide may extend lower towards 1.2770 where the euro will probably find a decent support and probably provide a good buying opportunity.

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Daily technical outlook 7-20-10

posted by liviuf 677 days ago in EUR, GBP, Technical made popular 677 days ago

EURUSD: The euro continues to hover into the 1.29-1.30 region, consolidating after last Thursday rally. The break above 1.3 seems very probable so we can look a bit higher for next objectives which are seen around 1.3250

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Daily technical outlook 7-16-10

posted by liviuf 681 days ago in EUR, GBP, Technical made popular 681 days ago

EURUSD - $1.3 is getting closer as the euro rallied yesterday, overcoming the $1.2800 barrier. Even though there are no signs of a pullback yet, it is Friday and some profit taking will probably limit gains towards 1.3. Short-term sentiment remai

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Daily technical outlook 7-15-10

posted by liviuf 682 days ago in EUR, GBP, Gold made popular 682 days ago

EURUSD - The euro has extended gains above Tuesday’s top at $1.2738, reaching $1.2777 – few points below the 50% retracement of last down leg from 1.3690 to 1.1875. Technical readings are suggesting a healthy uptrend on a short-term basis and no

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Daily technical outlook 7-14-10

posted by liviuf 683 days ago in EUR, GBP, Technical

EURUSD - The euro rallied to $1.2738, the strongest since May, confirming that the decline to $1.2520/50 was corrective. Short-term sentiment remains bullish even though it was unchanged while the pair tested the lower side below 1.2600

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Dollar Fades As Greek Debt Fears Ease

posted by marius 683 days ago in USD, EUR, Technical made popular 683 days ago

The dollar weakened in early dealing Tuesday, pulling back versus the yen and euro ahead of the US government's latest trade balance data.

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Canadian Dollar (CAD) Technical Major Currencies

posted by provision 684 days ago in CAD made popular 684 days ago

The pair is gradually approaching the critical resistance at 1.0405 and we can see signs of the bearish channel constructing the current short term bearishness

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Daily technical outlook 7-13-10

posted by liviuf 684 days ago in EUR, GBP, Technical made popular 684 days ago

EURUSD - Yesterday’s trading sessions have been rather quiet after the slide to as low as 1.2550 against the dollar. First intra-day resistance is currently limiting gains around 1.2615 but the short-term studies remain bullish as long as the eur

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Toronto stock market little changed amid caution ahead of US

posted by marius 684 days ago in USD, CAD made popular 684 days ago

The Toronto stock market started off the trading week little changed amid soft commodity prices and caution ahead of the start of the U.S. second quarter earnings season.

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Euro Declines Against Dollar on Renewed Sovereign

posted by marius 684 days ago in USD, EUR made popular 684 days ago

The euro fell against the dollar for a second consecutive day on speculation tests to demonstrate the resilience of the region’s banking system will fall short of assuring investors.

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