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EURUSD Тechnical analysis by Bulbrokers – May 19, 2010
May 19, 2010 Make Money Online Leave a comment
Тhe short term picture is negative as the euro extended its losses. The negative trend will likely remain and it’s very possible to witness levels below 1.2000. On the downside the below the psychological 1.20, support is expected around 1.1850, followed by 1.1625. On the upside resistance is seen at 1.3000, followed by 1.3400 and 1.3580.
Support 1.2000 1.1850 1.1625
Resistance 1.3000 1.3400 1.3580
–Bulbrokers–
USDJPY Тechnical analysis by Bulbrokers – May 19, 2010
May 19, 2010 Others Leave a comment
The short term picture remains neutral as the pair continues to trade in range below the resistance at 94.70, which is 38.2% FIbo retracement of the 110.64-84.71 drop. If broken successfully next targets will be the resistances at 96.80 and 97.70, which is 50.0% FIbo retracement of the mentioned drop. On the downside, support is seen at 91.50, followed by 90.90 and the psychological 90.00.
Support 92.50 91.70 90.00
Resistance 94.70 96.80 97.70
–Bulbrokers–
GBPUSD Тechnical analysis by Bulbrokers – May 19, 2010
May 19, 2010 Make Money Online Leave a comment
The short term picture is negative as the sterling erase far from resistance at 1.5000. On the downside if 1.4000 get broken, support is expected at 1.3800 and 1.3502. On the upside resistance is seen at 1.5380, followed by 1.5480, which is 38.2% Fibo retracement of the 1.8666-1.3502 drop, and 1.5810.
Support 1.4000 1.3800 1.3502
Resistance 1.5380 1.5480 1.5810
–Bulbrokers–
GBP/USD Technical Analysis 6 May 2010 By iForex.bg – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
Pound/Dollar continued depreciating on Wednesday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5173 to 1.5073, closing the day at 1.5089. Today Sterling’s weakening continued. First resistance is yesterday’s top at 1.5173. Break above it should extend the bullish movement further towards 1.5264. The nearest support is today’s bottom at 1.5030. Going bellow it should extend British Pound’s weakening further down towards next downward target 1.4936. Today’s focus is on UK CIPS services index and BoE meeting announcement at 8:30 and 11 GMT respectively. Quotes are moving bellow the 20 and 50 EMA on the 1 hour chart, indicating bearish pressure. The value of the RSI is negative and calm, MACD is negative and declining, while CCI is in the oversold zone on the 1 hour chart, giving overall short signals. Read More..
GBPUSD-market strategy indicates buying levels from the $1.5013 by Finotec – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
Technical oscillators supporting the bullish trend for the currency pair GBP/USD-market strategy indicates buying levels from the $1.5013
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines are in a bullish direction. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction. Also, MA oscillators indicate a bullish cross on the short MA line. Selling from $1.5203 on a break. Read More..
EUR/USD Intra-day signals by AceTrader – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
http://www.acetraderfx.com
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USDEUR/USD: 1.2777
Late Update At 06 May 2010 07:34 GMT
Although euro has rebounded after intra-day selloff to 1.2737 n consolidation wud be seen, as
long as 1.2789 (prev. sup, now res) holds, recent downtrend shud resumed for re-test of said sup,
below wud extend twds 1.2700 later. Read More..
GBP/USD Intra-day signals by AceTrader – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
http://www.acetraderfx.com
INTRA-DAY GBP/USD: 1.5041
Last Update At 06 May 2010 08:12 GMT
Although cable’s rebound after intra-day selloff to 1.5020 suggests a temp. low has possibly been
made n consolidation with mild upside is seen, reckon 1.5068/70 shud cap upside n yield resumption of
recent decline for re-test of said sup n 1.5000. Read More..
USD/JPY Intra-day signals by AceTrader by AceTrader – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
http://www.acetradefx.com
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : 93.40
Last Update At 06 May 2010 06:53 GMT
Dlr’s intra-day firm breach of previous good sup at 93.51/54 confirms recent uptrend has indeed made a top earlier at 94.99 n downside bias remains for weakness twd 93.05/10, however, o/sold condition is
expected to keep price abv sup at 92.81. Read More..
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY) by Precise Trader – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
EURUSD closed @ 12815 which was BELOW the open and breached the previous day’s low. The High was 25 pips from Precise Trader’s Res Zone 1 and the Low was PRECISELY at Precise Trader’s Sup Tgt 3. The Hourly Oscillators are Bearish but Oversold and the Price is Below the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Turning Up while 12675 holds and Daily Trend is Corrective Down while 13230 holds, so expect the Price to Turn Up Soon, so the Bears may stay Sidelined and the Bulls get ready to pull the Trigger. The Daily Trend Plunged Below the Prior Day’s Low and the Bears were holding their gains till the Close . The Hourly Trend has been in a Range Trading with the limited Downside, 12760-12675 are the Critical levels to watch to maintain the Bullish Outlook . On the 5 min is along the Horizontal Channel and the Patterns are Suggesting a Choppy session with a potential to Turn Up Soon. The Opening Price Principles are Mixed so Cautious approach is needed until the price breaks out of Zone 1 levels. Read More..
Europe stocks mixed as ECB rate move eyed; DAX up 0.23% – May 06, 2010
May 6, 2010 Make Money Online Leave a comment
European stocks were mixed on Thursday, as traders awaited a key interest decision by the European Central Bank and a report on U.S. unemployment claims.
During early European trade, France’s CAC 40 was down 0.08% Germany’s DAX was up 0.23%; Spain’s IBEX 35 shed 0.24% and the EURO STOXX 50 was down 0.46%.
Britain’s FTSE 100 was up 0.22% as voters went to the polls at the end of one of the most tumultuous and tightly fought general election campaigns in a generation.
Read More..
