Archive for July 9th, 2010

USD/JPY Technical Analysis 9 July 2010

USD/JPY 88.43 – 9 July 2010
USD/JPY Open 88.44 High 88.69 Low 87.66 Close 88.33
On Thursday Dollar/Yen continued increasing, matching the positive Interbank sentiment at nearly +2%. The currency couple rose from 87.66 to 88.61 yesterday, closing the day at 88.33. This morning ascending continued up to 88.69. On the 1 and 3 hour charts the …

GBP/USD Technical Analysis 9 July 2010

GBP/USD 1.5165 – 9 July 2010
GBP/USD Open 1.5154 High 1.5241 Low 1.5105 Close 1.5165
On Thursday Pound/Dollar rose first, as expected, than corrected downwards, not exactly in line with the Interbank sentiment at nearly +15%. The Cable appreciated to 1.5241, from where it started descending down to 1.5105 yesterday, closing the day at 1.5165. Today the …

iFOREX.bg – Daily Forecast 9 July 2010

EUR/USD Buy at 1.2681 SL 1.2649 TP 1.2758

USD/JPY Buy at 88.47 SL 88.15 TP 89.19

GBP/USD Buy at 1.5139 SL 1.5107 TP 1.5227

USD/CHF Sell at 1.0521 SL 1.0553 TP 1.0437

EUR/USD Technical Analysis 9 July 2010

EUR/USD 1.2682 – 9 July 2010
EUR/USD Open 1.2690 High 1.2709 Low 1.2623 Close 1.2697
After an insignificant downward correction, on Thursday Euro/Dollar continued climbing. The European currency appreciated from 1.2623 to 1.2709 yesterday, in line the Interbank sentiment projection, at around +6%, closing the day at 1.2697. This morning the pair is trading hesitantly so far. …

GBPUSD consolidates between 1.5080 and 1.5240

GBPUSD formed a sideways consolidation in a narrow range between 1.5080 and 1.5240 for several days. Lengthier sideways movement is still possible later today. Near term support is at the lower boundary of the price channel on 4-hour chart (now at 1.5027), As long as the channel support holds, the sideways …