Archive for July 5th, 2010

USD/JPY Technical Analysis 5 July 2010

USD/JPY 87.86 – 5 July 2010
USD/JPY Open 87.74 High 88.17 Low 87.52 Close 87.70
On Friday Dollar/Yen recorded insignificant decrease, not matching the positive Interbank sentiment at around +8%. The currency couple depreciated from 88.17 to 87.52 on Friday, closing the week at 87.70. Today the pair is inclining upwards, but without strong impulse so far. …

GBP/USD Technical Analysis 5 July 2010

GBP/USD 1.5172 – 5 July 2010
GBP/USD Open 1.5191 High 1.5208 Low 1.5153 Close 1.5194
On Friday Pound/Dollar was trading quietly, matching the weak negative Interbank sentiment at around -1%. The Cable appreciated insignificantly from 1.5153 to 1.5208 on Friday, closing the week at 1.5194. Today movements continue to be calm for now. On the 1 and …

iFOREX.bg – Daily Forecast 5 July 2010

EUR/USD Buy at 1.2529 SL 1.2497 TP 1.2606

USD/JPY Buy at 87.84 SL 87.52 TP 88.56

GBP/USD Buy at 1.5173 SL 1.5141 TP 1.5261

USD/CHF Sell at 1.0657 SL 1.0689 TP 1.0573

EUR/USD Technical Analysis 5 July 2010

EUR/USD 1.2548 – 5 July 2010
EUR/USD Open 1.2553 High 1.2603 Low 1.2485 Close 1.2552
On Friday Euro/Dollar climbed further. The European currency rose from 1.2485 to 1.2603, in line the Interbank sentiment projection, at nearly +7%, closing the week at 1.2552. This morning movements are to the downside so far. On the 1 hour chart there …

USDCAD consolidates below 1.0678

USDCAD consolidates below 1.0678 resistance. Range trading between 1.0540 and 1.0678 would more likely be seen in a couple of days. Support is at the lower boundary of the rising price channel on 4-hour chart, followed by 1.0540, as long as this level holds, uptrend could be expected to continue and …