Archive for July 8th, 2010

USD/JPY Technical Analysis 8 July 2010

USD/JPY 88.17 – 8 July 2010
USD/JPY Open 87.67 High 88.45 Low 87.04 Close 87.70
On Wednesday Dollar/Yen increased significantly, not matching the positive Interbank sentiment at nearly -1%. The currency couple climbed from 87.04 to 87.80 yesterday, closing the day at 87.70. This morning ascending continued up to 88.44. On the 1 hour chart the downward …

GBP/USD Technical Analysis 8 July 2010

GBP/USD 1.5202 – 8 July 2010
GBP/USD Open 1.5174 High 1.5241 Low 1.5081 Close 1.5186
On Wednesday Pound/Dollar resumed rising after recording an insignificant correction, not exactly, however, matching the small Interbank sentiment at nearly +0.05%. The Cable appreciated from 1.5081 to 1.5217 yesterday, closing the day at 1.5186. Today the pair is making further recovery efforts, …

iFOREX.bg – Daily Forecast 8 July 2010

EUR/USD Buy at 1.2646 SL 1.2614 TP 1.2723

USD/JPY Buy at 88.20 SL 87.88 TP 88.92

GBP/USD Buy at 1.5177 SL 1.5145 TP 1.5265

USD/CHF Sell at 1.0532 SL 1.0564 TP 1.0448

EUR/USD Technical Analysis 8 July 2010

EUR/USD 1.2649 – 8 July 2010
EUR/USD Open 1.2631 High 1.2687 Low 1.2553 Close 1.2633
After some downward adjustment, on Wednesday Euro/Dollar continued rising. The European currency appreciated from 1.2553 to 1.2659 yesterday, in line the Interbank sentiment projection, at around +6%, closing the day at 1.2633. This morning the pair is making further ascending efforts. On …

EURUSD’s uptrend extends to 1.2667

EURUSD’s uptrend from 1.2150 extends further to as high as 1.2667 level. As long as 1.2480 key support holds, uptrend is expected to continue and next target would be at 1.2750-1.2800 area. On the other side, the pair is facing the upper boundary of a rising price channel on 4-hour chart, …