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AUDUSD dropped below 0.9254 key support

By ForexCycle.com at 12 November, 2009, 12:05 pm

After breaking above 0.9326 previous high resistance, AUDUSD dropped below 0.9254 key support, suggesting that a short term cycle top has been formed at 0.9368 level on 4-hour chart and the rise from 0.8916 has completed. Pullback towards 0.9000 zone would more likely be seen in next several days. Resistance level is now located at …

iFOREX.bg – Daily Forecast 12 November 2009

By iforex at 12 November, 2009, 7:58 am

EUR/USD
Sell at 1.5010 SL 1.5042 TP 1.4933

USD/JPY
Sell at 89.90 91 90.22 TP 89.18

GBP/USD
Sell at 1.6587 SL 1.6619 TP 1.6499

USD/CHF
Buy at 1.0064 SL 1.0032 TP 1.0148

EURUSD consolidates in a narrow range

By ForexCycle.com at 11 November, 2009, 12:05 pm

Being contained by 1.5062 previous high resistance, EURUSD consolidates in a narrow range between 1.4938 and 1.5048. As long as 1.4938 support holds, uptrend from 1.4626 will continue and further rise to 1.5200 is possible. However, below 1.4938 will indicate that a short term cycle top has been formed at 1.5048 level on 4-hour chart, …

EUR/USD Technical Analysis 4 November 2009

By iforex at 4 November, 2009, 6:13 am

 

EUR/USD 1.4738 – 4 November 2009
EUR/USD Open 1.4724 High 1.4805 Low 1.4631 Close 1.4720
Euro/Dollar failed to continue ascending movement on Tuesday and is now testing the lower limit of the trend line around 1.4630, as seen on the 1 hour chart. This may be the result of the a battle between buyers and sellers around …

iFOREX.bg – Daily Forecast 2 November 2009 2009

By iforex at 2 November, 2009, 9:16 am

EUR/USD
Trading range: 1.4790 – 1.4690
Trend: Downward
Sell at 1.4779 SL 1.4811 TP 1.4702
USD/JPY
Trading range: 89.80 – 90.80
Trend: Upward
Buy at 89.94 SL 89.62 TP 90.66
GBP/USD
Trading range: 1.6490 – 1.6375
Trend: Downward
Sell at 1.6476 SL 1.6508 TP 1.6388
USD/CHF
Trading range: 1.0200 – 1.0310
Trend: Upward
Buy at 1.0214 SL 1.0182 TP 1.0298
Today’s Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
08:45 Ita PMI Oct …

iFOREX.bg – Daily Forecast 27 October 2009

By iforex at 27 October, 2009, 8:39 am

EUR/USD
Trading range: 1.4935 – 1.4835
Trend: Downward
Sell at 1.4925 SL 1.4957 TP 1.4848
USD/JPY
Trading range: 92.25 – 91.35
Trend: Downward
Sell at 92.15 91 92.47 TP 91.43
GBP/USD
Trading range: 1.6295 – 1.6405
Trend: Upward
Buy at 1.6307 SL 1.6275 TP 1.6395
USD/CHF
Trading range: 1.0140 – 1.0245
Trend: Upward
Buy at 1.0150 SL 1.0118 TP 1.0234
Today’s Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
06:45 Fra Consumer confidence …

iFOREX.bg – Daily Forecast 22 October 2009

By iforex at 22 October, 2009, 7:43 am

EUR/USD
Trading range: 1.5025 – 1.4920
Trend: Downward
Sell at 1.5011 SL 1.5043 TP 1.4934
USD/JPY
Trading range: 91.00 – 91.95
Trend: Upward
Buy at 91.11 SL 90.79 TP 91.83
GBP/USD
Trading range: 1.6640 – 1.6525
Trend: Downward
Sell at 1.6626 SL 1.6658 TP 1.6538
USD/CHF
Trading range: 1.0055 – 1.0160
Trend: Upward
Buy at 1.0066 SL 1.0034 TP 1.0150
Today’s Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
06:45 France Business confidence …

GBP/USD Technical Analysis 21 October 2009

By iforex at 21 October, 2009, 8:02 am

 
GBP/USD 1.6475 – 21 October 2009
GBP/USD Open 1.6379 High 1.6517 Low 1.6251 Close 1.6378
Pound/Dollar continued its bullish movement on Tuesday, reaching a peak at 1.6480, closing the day at 1.6378. On the 3 hour chart quotes broke up the upper limit of the bearish channel at 1.6500, which is the last resistance of the downward …

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