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Daily technical outlook 8-13-10

posted by liviuf 653 days ago in EUR, JPY, AUD

EURUSD - The euro found support at 1.2800 after the free fall from 1.3300 but the ongoing recovery is not convincing.

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Daily technical outlook 8-12-10

posted by liviuf 654 days ago in EUR, JPY, AUD made popular 654 days ago

EURUSD - Euro’s decline accelerated after breaking below 1.3100 and 1.3000 yesterday, printing a session low at 1.2830 – which was 350 points down from the daily open

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Daily technical outlook 8-11-10

posted by liviuf 655 days ago in EUR, JPY, AUD made popular 655 days ago

EURUSD - The dollar lost some ground yesterday after the Fed has left interest rates unchanged, at 0.25%, and announced a new round of quantitative easing.

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Daily technical outlook 8-10-10

posted by liviuf 656 days ago in EUR, AUD, Technical

EURUSD - The euro is having a break and pulls back from recent top as the dollar strengthened on concern that the global economic recovery is stalling boosted demand for safer assets, such as the Yen

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Daily technical outlook 8-9-10

posted by liviuf 657 days ago in EUR, AUD, Technical made popular 657 days ago

EURUSD - The dollar is weaker across the board after the Nonfarm payrolls shed 131,000 jobs last month, compared to a consensus of 70k. Dollar’s weakness is likely to continue as economic data shows that the U.S. recovery is stalling and may need

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Daily technical outlook 8-6-10

posted by liviuf 660 days ago in EUR, CAD, AUD made popular 660 days ago

EURUSD - The euro continues to trade sideways against the dollar as yesterday’s attempt to stabilize into the 1.32 region was short-lived, but the upside remains favored while we don’t see a retreat toward 1.3100.

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Daily technical outlook 8-5-10

posted by liviuf 661 days ago in EUR, AUD, Technical made popular 661 days ago

EURUSD - The euro is weaker today after pulling back from 1.3250 but still holds above 1.3100 which is the first important support level to watch. Current pullback doesn’t affect the short-term sentiment but doesn’t seem to be over yet, so keep a

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Daily technical outlook 8-4-10

posted by liviuf 662 days ago in EUR, AUD, Technical made popular 662 days ago

EURUSD - 1.3250 has been reached yesterday as euro’s bullish trajectory remains firm but a pullback is likely ahead of tomorrow’s Interest Rate Decision and Press Conference in Europe

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Daily technical outlook 8-3-10

posted by liviuf 663 days ago in EUR, AUD, Technical

EURUSD - 1.3100 failed to hold and the euro rallied to as high as 1.3195 — on its way to the next important objective which is set into the 1.3250/90 region.

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Daily technical outlook 8-2-10

posted by liviuf 664 days ago in EUR, GBP, Technical made popular 664 days ago

EURUSD - Friday’s pullback towards the 1.2970 support zone was short-lived – once again confirming current uptrend’s strength on a short-term basis

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Daily technical outlook 7-30-10

posted by liviuf 667 days ago in EUR, AUD, Technical made popular 667 days ago

EURUSD - The euro holds steady above former intra-day resistance at 1.3050 after reaching a fresh multi-week high at 1.3105 yesterday

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Daily technical outlook 7-29-10

posted by liviuf 668 days ago in EUR, GBP, Technical made popular 668 days ago

EURUSD - The euro continues to consolidate into a narrow range around the 1.300 level, therefore the upside remains favored for now but a bullish close above 1.3050 has yet to be seen

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