Technicals
USD/JPY Rises, Testing 103 Again
By zifx.com at 22 May, 2013, 9:22 am
USD/JPY Open 102.44 High 103.00 Low 102.11 Close 102.42 On Tuesday Dollar/Yen traded within 75 pip range. The currency couple appreciated from 102.11 to 102.89 yesterday, matching the positive money flow sentiment at nearly +7%, closing the day at 102.42. This morning the Dollar lifted slightly further against the Yen, reaching 103.00. On the 1 …
GBP/USD Slips Further, Approaching 1.51
By zifx.com at 22 May, 2013, 7:31 am
GBP/USD Open 1.5155 High 1.5272 Low 1.5111 Close 1.5144 On Tuesday Pound/Dollar decreased significantly with 160 pips. The Cable depreciated from 1.5272 to 1.5111 yesterday, in line with the negative money flow sentiment at under -17%, closing the day at 1.5144. Today the British Pound is trading quietly, with movements at the lower end of …
Majors Daily Forecast 22 May 2013
By zifx.com at 22 May, 2013, 5:55 am
EUR/USD Trading range: 1.2935 – 1.2860 Trend: Neutral Sell at 1.2923 SL 1.2955 TP 1.2873 USD/JPY Trading range: 102.35 – 103.05 Trend: Neutral Buy at 102.46 SL 102.14 TP 102.91 GBP/USD Trading range: 1.5165 – 1.5085 Trend: Neutral Sell at 1.5152 SL 1.5184 TP 1.5097 USD/CHF Trading range: 0.9670 – 0.9745 Trend: Neutral Buy at …
EUR/USD Cheered By Fed Reassurance
By zifx.com at 22 May, 2013, 4:33 am
EUR/USD Open 1.2914 High 1.2939 Low 1.2840 Close 1.2899 On Tuesday Euro/Dollar increased with almost 95 pips. The European currency appreciated from 1.2840 to 1.2934 yesterday, matching the positive money flow sentiment at around +14%, closing the day at 1.2899. This morning the Euro lifted slightly further, reaching 1.2939. On the 1 hour chart the …
EURUSD’s rise from 1.2796 extends to 1.2938
By ForexCycle.com at 22 May, 2013, 3:11 am
EURUSD’s rise from 1.2796 extends to as high as 1.2938. However, the rise is likely consolidation of the downtrend from 1.3242. Resistance is located at the upper line of the downward price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to resume, and one more fall to …
USD/JPY Holds Steady Just Bellow 103
By zifx.com at 21 May, 2013, 9:34 am
USD/JPY Open 102.11 High 103.25 Low 101.93 Close 102.22 On Monday Dollar/Yen decreased with 130 pips. The currency couple depreciated from 103.25 to 101.93 yesterday, matching the negative money flow sentiment at around -15%, closing the day at 102.22. This morning the Dollar is trading quietly against the Yen, with movements within yesterday’s range for …
GBP/USD Ceases Weakening, Holding Above 1.52
By zifx.com at 21 May, 2013, 7:28 am
GBP/USD Open 1.5266 High 1.5282 Low 1.5163 Close 1.5246 On Monday Pound/Dollar increased with almost 120 pips. The Cable appreciated from 1.5163 to 1.5282 yesterday, in line with the positive money flow sentiment at above +14%, closing the day at 1.5246. Today the British Pound is trading quietly, with movements at the upper half of …
