Archive for June, 2010

USD/JPY Technical Analysis 30 June 2010

USD/JPY 88.69 – 30 June 2010
USD/JPY Open 88.67 High 89.41 Low 88.30 Close 88.58
After quiet Monday, on Tuesday Dollar/Yen resumed descending, in line with the strong negative Interbank sentiment at around -66%. The currency couple depreciated from 89.41 to 88.30 yesterday, closing the day at 88.58. Today the pair is moving hesitantly for now. On …

GBP/USD Technical Analysis 30 June 2010

GBP/USD 1.5059 – 30 June 2010
GBP/USD Open 1.5052 High 1.5120 Low 1.5018 Close 1.5060
On Tuesday Pound/Dollar continued trading hesitantly and within a narrow range, in line with negative Interbank sentiment at only around -13%. The Cable depreciated from 1.5120 to 1.5018 yesterday, closing the day at 1.5060. Today movements are still tranquil for now. On …

iFOREX.bg – Daily Forecast 30 June 2010

EUR/USD Sell at 1.2238 SL 1.2270 TP 1.2161

USD/JPY Sell at 88.69 91 89.01 TP 87.97

GBP/USD Sell at 1.5072 SL 1.5104 TP 1.4984

USD/CHF Sell at 1.0842 SL 1.0874 TP 1.0758

EUR/USD Technical Analysis 30 June 2010

EUR/USD 1.2222 – 30 June 2010
EUR/USD Open 1.2186 High 1.2288 Low 1.2153 Close 1.2185
On Tuesday Euro/Dollar continued decreasing significantly. The European currency dropped from 1.2288 to 1.2153, in converse with the Interbank sentiment projection, at around +6%, closing the day at 1.2185. This morning movement is adjusting so far. On the 1 hour chart the …

USDCHF’s downward movement extends to 1.0801

USDCHF’s downward movement extends to as low as 1.0801 level. Resistance remains at the upper boundary of the falling price channel on 4-hour chart. As long as the channel resistance holds, deeper decline is still possible and next target would be at 1.0600-1.0750 area. However, a clear break above the channel …

USD/JPY Technical Analysis 29 June 2010

USD/JPY 88.81 – 29 June 2010
USD/JPY Open 89.31 High 89.46 Low 89.23 Close 89.34
On Monday Dollar/Yen traded hesitantly and within a range, not matching exactly the strong negative Interbank sentiment at around -66%. The currency couple depreciated from 89.46 to 89.08 yesterday, closing the day at 89.34. Today the pair started descending sharply. On the …

GBP/USD Technical Analysis 29 June 2010

GBP/USD 1.5088 – 29 June 2010
GBP/USD Open 1.5093 High 1.5129 Low 1.5022 Close 1.5103
After the partial recovery last week, on Monday Pound/Dollar continued rising, in converse with negative Interbank sentiment at around -13%. The Cable climbed from 1.5022 to 1.5129 yesterday, closing the day at 1.5103. Today movements are consolidating so far. On the 1 …

iFOREX.bg – Daily Forecast 29 June 2010

EUR/USD Sell at 1.2271 SL 1.2303 TP 1.2194

USD/JPY Sell at 88.97 91 89.29 TP 88.25

GBP/USD Sell at 1.5099 SL 1.5131 TP 1.5011

USD/CHF Sell at 1.0872 SL 1.0904 TP 1.0788