Archive for July 2nd, 2010

USD/JPY Technical Analysis 2 July 2010

USD/JPY 88.03 – 2 July 2010
USD/JPY Open 87.66 High 88.53 Low 87.05 Close 87.57
On Thursday Dollar/Yen sharply dropped on bad US economic data, matching the very negative Interbank sentiment at nearly -67%, after which strong upward correction started. The currency couple depreciated from 88.53 to 87.05 yesterday, closing the day at 87.57. Today the momentum …

GBP/USD Technical Analysis 2 July 2010

GBP/USD 1.5170 – 2 July 2010
GBP/USD Open 1.5162 High 1.5073 Low 1.4876 Close 1.5174
On Thursday Pound/Dollar also climbed on the bad US economic data, not exactly matching the weak negative Interbank sentiment at around -8%. The Cable appreciated from 1.4876 to 1.5190 yesterday, closing the day at 1.5174. Today the ascending momentum is still pushing …

iFOREX.bg – Daily Forecast 2 July 2010

EUR/USD Buy at 1.2483 SL 1.2451 TP 1.2560

USD/JPY Sell at 88.11 87 88.43 TP 87.39

GBP/USD Buy at 1.5152 SL 1.5120 TP 1.5240

USD/CHF Sell at 1.0634 SL 1.0666 TP 1.0550

EUR/USD Technical Analysis 2 July 2010

EUR/USD 1.2510 – 2 July 2010
EUR/USD Open 1.2507 High 1.2532 Low 1.2197 Close 1.2530
After the sharp descend at the beginning of the week, on Thursday Euro/Dollar gained even higher on good EU economic data and bad US Jobless claims. The European currency rose from 1.2197 to 1.2532, not exactly maching the weak Interbank sentiment projection, …