Archive for July 27th, 2010

USD/JPY Technical Analysis 27 July 2010

USD/JPY 87.27 – 27 July 2010
USD/JPY Open 87.00 High 87.71 Low 86.82 Close 86.86
Dollar/Yen started decreasing on Monday, in converse with the negative Interbank sentiment at nearly +5%. The currency couple depreciated from 87.71 to 86.82 yesterday, closing the day at 86.86. Today bulls are taking advantage. On the 1 hour chart the downward channel …

GBP/USD Technical Analysis 27 July 2010

GBP/USD 1.5492 – 27 July 2010
GBP/USD Open 1.5487 High 1.5519 Low 1.5400 Close 1.5488
On Monday Pound/Dollar continued rising, in line with the positive Interbank sentiment at nearly +13%. The Cable appreciated from 1.5400 to 1.5513 yesterday, closing the day at 1.5488. Today the pair extended its climb higher to 1.5519. On the 1 hour chart …

iFOREX.bg – Daily Forecast 27 July 2010

EUR/USD Sell at 1.3020 SL 1.3052 TP 1.2943

USD/JPY Buy at 86.91 SL 86.59 TP 87.63

GBP/USD Sell at 1.5527 SL 1.5559 TP 1.5439

USD/CHF Buy at 1.0483 SL 1.0451 TP 1.0567

EUR/USD Technical Analysis 27 July 2010

EUR/USD 1.2993 – 27 July 2010
EUR/USD Open 1.2993 High 1.3017 Low 1.2874 Close 1.2995
On Monday the Euro/Dollar continued rising with over 100 pips. The European currency appreciated from 1.2874 to 1.3004 yesterday, not exactly matching the neutral Interbank sentiment projection, at around +2%, closing the day at 1.2995. This morning the pair extended its gains …

USDCHF trades in a range between 1.0394 and 1.0675

USDCHF trades in a range between 1.0394 and 1.0675. Another rise towards 1.0675 resistance is expected later today. As long as this level holds, the price action in the range is treated as consolidation of downtrend from 1.1730 (Jun 1 high), and another fall to 1.0300 is still possible, and a …