Archive for July 13th, 2010

USD/JPY Technical Analysis 13 July 2010

USD/JPY 88.53 – 13 July 2010
USD/JPY Open 88.64 High 89.13 Low 88.37 Close 88.61
After climbing in the morning, on Monday Dollar/Yen decreased, loosing the earlier gains, not matching the positive Interbank sentiment at around +14%. The currency couple depreciated from 89.13 to 88.37 yesterday, closing the day at 88.61. This morning movements are calm so …

GBP/USD Technical Analysis 13 July 2010

GBP/USD 1.5019 – 13 July 2010
GBP/USD Open 1.5018 High 1.5084 Low 1.4948 Close 1.5029
After the range trading last week, on Monday Pound/Dollar started decreasing, in converse with the Interbank sentiment at around +8%. The Cable at first descended to 1.4948 yesterday, from where it recovered the loses, rising back up to 1.5084, closing the day …

iFOREX.bg – Daily Forecast 13 July 2010

EUR/USD Sell at 1.2596 SL 1.2628 TP 1.2519

USD/JPY Sell at 88.60 91 88.92 TP 87.88

GBP/USD Sell at 1.5033 SL 1.5065 TP 1.4945

USD/CHF Buy at 1.0610 SL 1.0578 TP 1.0694

EUR/USD Technical Analysis 13 July 2010

EUR/USD 1.2597 – 13 July 2010
EUR/USD Open 1.2587 High 1.2647 Low 1.2554 Close 1.2593
On Monday Euro/Dollar continued the decreasing impulse, which started last Friday. The European currency depreciated from 1.2647 to 1.2554 yesterday, in converse the Interbank sentiment projection, at nearly +12%, closing the day at 1.2593. This morning the pair is trading hesitantly for …

GBPUSD broke below price channel

GBPUSD broke below the rising price channel on 4-hour chart and reached as low as 1.4948 level, suggesting lengthier consolidation of uptrend from 1.4346 is underway. Rang trading between 1.4873 and 1.5240 is expected in a couple of days. As long as 1.4873 support holds, price action from 1.5240 is treated …