Archive for July 19th, 2010

USD/JPY Technical Analysis 19 July 2010

USD/JPY 87.01 – 19 July 2010
USD/JPY Open 86.51 High 87.49 Low 86.34 Close 86.52
On Friday Dollar/Yen continued descending, in line with the negative Interbank sentiment at around -16%. The currency couple depreciated from 87.49 to 86.34 on Friday, closing the week at 86.52. Today the pair made a strong correction upwards. On the 1 and …

GBP/USD Technical Analysis 19 July 2010

GBP/USD 1.5317 – 19 July 2010
GBP/USD Open 1.5302 High 1.5439 Low 1.5269 Close 1.5295
After an unsuccessful rising efforts, on Friday Pound/Dollar corrected deeply downwards, in converse with the positive Interbank sentiment at around +20%. The Cable depreciated from 1.5439 to 1.5286 on Friday, closing the week at 1.5295. Today the pair is trading hesitantly for …

iFOREX.bg – Daily Forecast 19 July 2010

EUR/USD Sell at 1.2911 SL 1.2943 TP 1.2834

USD/JPY Sell at 86.70 91 87.02 TP 85.98

GBP/USD Sell at 1.5320 SL 1.5352 TP 1.5232

USD/CHF Buy at 1.0471 SL 1.0439 TP 1.0555

EUR/USD Technical Analysis 19 July 2010

EUR/USD 1.2919 – 19 July 2010
EUR/USD Open 1.2902 High 1.3004 Low 1.2891 Close 1.2924
On Friday Euro/Dollar extended the rising momentum further during the European session, than consolidated. The European currency appreciated from 1.2891 to 1.3004 on Friday, matching the positive Interbank sentiment projection, at around +2%, closing the week at 1.2924. This morning the pair is …

USDCAD bounced strongly to as high as 1.0523

USDCAD bounced strongly to as high as 1.0523 last week. Further rise towards 1.0676 previous high is still possible later today, and pullback would more likely be seen before breaking above this level. Key support is now at 1.0500, a breakdown below this level will indicate that a cycle top has …