Archive for July 15th, 2010

USD/JPY Technical Analysis 15 July 2010

USD/JPY 88.13 – 15 July 2010
USD/JPY Open 88.27 High 89.10 Low 87.85 Close 88.43
After an insignificant continuation of the upward impulse, on Wednesday Dollar/Yen began a sharp decrease, loosing all gains from the previous day, in line with the negative Interbank sentiment at nearly -2%. The currency couple depreciated from 89.10 to 88.13 yesterday, closing …

GBP/USD Technical Analysis 15 July 2010

GBP/USD 1.5255 – 15 July 2010
GBP/USD Open 1.5266 High 1.5293 Low 1.5181 Close 1.5268
On Wednesday Pound/Dollar continued the upward impulse with just over 100 pips, in line with the positive Interbank sentiment at nearly +20%. The Cable appreciated from 1.5181 to 1.5293 yesterday, closing the day at 1.5268. Today movements are hesitant so far. On …

EUR/USD Technical Analysis 15 July 2010

EUR/USD 1.2736 – 15 July 2010
EUR/USD Open 1.2740 High 1.2773 Low 1.2681 Close 1.2742
On Wednesday Euro/Dollar traded quietly and within a nearly 100 pips range. The European currency appreciated from 1.2681 to 1.2773 yesterday, matching the weak Interbank sentiment projection, at nearly +4%, closing the day at 1.2742. This morning the pair is hardly making …

iFOREX.bg – Daily Forecast 15 July 2010

EUR/USD Buy at 1.2718 SL 1.2686 TP 1.2795

USD/JPY Sell at 88.39 87 88.71 TP 87.67

GBP/USD Buy at 1.5238 SL 1.5206 TP 1.5326

USD/CHF Sell at 1.0528 SL 1.0560 TP 1.0444

GBPUSD’s rise from 1.4948 extends to 1.5296

GBPUSD’s rise from 1.4948 extends to as high as 1.5296 level. Further rally is still in favor later today and target would be at 1.5400 area. Initial support is at 1.5180, as long as this level holds, uptrend from 1.4948 will continue. Key support is at 1.5100, only fall below this …