Archive for April 11th, 2012

USD/JPY Breaks below 81, Next Target 80.5

By at 11 April, 2012, 9:39 am

USD/JPY Breaks below 81, Next Target 80.5

USD/JPY Open 80.68 High 81.86 Low 80.57 Close 80.66 On Tuesday Dollar/Yen decreased with 50 pips. The currency couple depreciated from 81.86 to 80.60 yesterday, matching the negative Interbank sentiment at below -44%, closing the day at 80.66. This morning the Dollar weakened slightly further against the Yen, reaching 80.57. On the 1 hour chart …

GBP/USD Reinstates, Forming Range

By at 11 April, 2012, 7:39 am

GBP/USD Reinstates, Forming Range

GBP/USD Open 1.5859 High 1.5930 Low 1.5808 Close 1.5860 On Tuesday Pound/Dollar decreased with 120 pips. The Cable depreciated from 1.5930 to 1.5808 yesterday, in converse with the positive Interbank sentiment at almost +31%, closing the day at 1.5860. Today the British Pound is trading quietly, moving within yesterday’s range for the time being. On …

Majors Daily Forecast 11 April 2012

By at 11 April, 2012, 6:32 am

Majors Daily Forecast 11 April 2012

EUR/USD Trading range: 1.3070 – 1.3170 Trend: Upward Buy at 1.3082 SL 1.3050 TP 1.3159 USD/JPY Trading range: 80.60 – 81.55 Trend: Upward Buy at 80.71 SL 80.39 TP 81.43 GBP/USD Trading range: 1.5855 – 1.5970 Trend: Upward Buy at 1.5869 SL 1.5837 TP 1.5957 USD/CHF Trading range: 0.9195 – 0.9090 Trend: Downward Sell at …

EUR/USD Within 110 Pip Range This Week

By at 11 April, 2012, 4:45 am

EUR/USD Within 110 Pip Range This Week

EUR/USD Open 1.3078 High 1.3145 Low 1.3053 Close 1.3080 On Tuesday Euro/Dollar traded within 90 pip range. The European currency depreciated from 1.3145 to 1.3053 yesterday, matching the negative Interbank sentiment projection at under -8%, closing the day at 1.3080. This morning the Euro is trading quietly, with movements at the lower end of yesterday’s …

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