Archive for July 20th, 2010

USD/JPY Technical Analysis 20 July 2010

USD/JPY 86.93 – 20 July 2010
USD/JPY Open 86.74 High 87.21 Low 86.48 Close 86.66
After the significant decrease last week, on Monday Dollar/Yen corrected deeply upwards, in line with the positive Interbank sentiment at around +1.5%. The currency couple appreciated from 86.48 to 87.21 yesterday, closing the day at 86.66. Today the pair is trading tentatively …

GBP/USD Technical Analysis 20 July 2010

GBP/USD 1.5275 – 20 July 2010
GBP/USD Open 1.5225 High 1.5348 Low 1.5204 Close 1.5227
After an unsuccessful upward push ups, on Monday Pound/Dollar corrected deeply downwards, in converse with the positive Interbank sentiment at nearly +16%. The Cable depreciated from 1.5348 to 1.5204 yesterday, closing the day at 1.5227. Today the pair resumed rising, but without …

iFOREX.bg – Daily Forecast 20 July 2010

EUR/USD Buy at 1.2963 SL 1.2931 TP 1.3040

USD/JPY Sell at 87.17 87 87.49 TP 86.45

GBP/USD Buy at 1.5244 SL 1.5212 TP 1.5332

USD/CHF Sell at 1.0543 SL 1.0575 TP 1.0459

EUR/USD Technical Analysis 20 July 2010

EUR/USD 1.2963 – 20 July 2010
EUR/USD Open 1.2940 High 1.2983 Low 1.2873 Close 1.2942
After starting with downward correction during the Asian session, on Monday Euro/Dollar continued ascending. The European currency appreciated from 1.2873 to 1.2983 yesterday, matching the positive Interbank sentiment projection, at only +0.5%, closing the day at 1.2942. This morning the pair is …

USDCAD trades in a narrow range between 1.0498 and 1.0581

USDCAD trades in a narrow range between 1.0498 and 1.0581. The price action in the range is more likely consolidation of uptrend from 1.0276. One more rise towards 1.0676 key resistance is still possible later today, and pullback would more likely be seen before breaking above this level. Key support is …