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iFOREX.bg – Daily Forecast 20 August 2010
By iforex at 20 August, 2010, 4:44 am
EUR/USD Sell at 1.2828 SL 1.2860 TP 1.2751
USD/JPY Sell at 85.51 91 85.83 TP 84.79
GBP/USD Sell at 1.5591 SL 1.5623 TP 1.5503
USD/CHF Sell at 1.0335 SL 1.0367 TP 1.0251
MoreEUR/USD Technical Analysis 20 August 2010
By iforex at 20 August, 2010, 3:28 am
EUR/USD 1.2813 – 20 August 2010
EUR/USD Open 1.2806 High 1.2896 Low 1.2784 Close 1.2823
On Thursday the Euro/Dollar continued trading within a around 100 pips range. The European currency appreciated from 1.2784 to 1.2896 yesterday, matching the positive Interbank sentiment projection, at nearly +2%, than dropped again, closing the day at 1.2823. This morning the pair …
USDCAD broke above 1.0340 key resistance
By ForexCycle.com at 20 August, 2010, 2:01 am
USDCAD broke above 1.0340 key resistance, suggesting that a cycle bottom had been formed at 1.0247 level on 4-hour chart. Now the rise from 1.0247 is treated as resumption of uptrend from 1.0107, further rise could be seen in next several days and target would be at 1.0600 zone. Support is …
MoreUSD/JPY Technical Analysis 19 August 2010
By iforex at 19 August, 2010, 9:42 am
USD/JPY 85.47 – 19 August 2010
USD/JPY Open 85.45 High 85.81 Low 85.21 Close 85.43
After an insignificant drop, on Wednesday Dollar/Yen started increasing, in converse with the very negative Interbank sentiment at nearly -80%. The currency couple depreciated from 85.68 to 85.21 yesterday, from where it started recovering, closing the day at 85.43. Today climbing extended …
GBP/USD Technical Analysis 19 August 2010
By iforex at 19 August, 2010, 7:22 am
GBP/USD 1.5541 – 19 August 2010
GBP/USD Open 1.5596 High 1.5683 Low 1.5503 Close 1.5592
On Wednesday Pound/Dollar increased, recovering almost all previous day’s losses, in line with the positive Interbank sentiment at nearly +18%. The Cable appreciated from 1.5503 to 1.5683 yesterday, closing the day at 1.5592. Today the bears again are trying to push down. …
iFOREX.bg – Daily Forecast 19 August 2010
By iforex at 19 August, 2010, 4:46 am
EUR/USD Sell at 1.2814 SL 1.2846 TP 1.2737
USD/JPY Buy at 85.61 SL 85.29 TP 86.33
GBP/USD Sell at 1.5578 SL 1.5610 TP 1.5490
USD/CHF Buy at 1.0431 SL 1.0399 TP 1.0515
MoreEUR/USD Technical Analysis 19 August 2010
By iforex at 19 August, 2010, 3:36 am
EUR/USD 1.2813 – 19 August 2010
EUR/USD Open 1.2853 High 1.2912 Low 1.2785 Close 1.2850
After further initial climb, on Wednesday the Euro/Dollar started correcting downwards. The European currency appreciated from 1.2825 to 1.2912 yesterday, matching the positive Interbank sentiment projection, at nearly +2%, than comenced dropping, closing the day at 1.2850. This morning the pair showed …
AUDUSD formed a cycle bottom at 0.8858
By ForexCycle.com at 19 August, 2010, 3:20 am
AUDUSD formed a cycle bottom at 0.8858 level on 4-hour chart. Now the rise from 0.8858 could possibly be resumption of uptrend from 0.8066 (May 25 low) and the fall from 0.9079 is treated as correction of uptrend. Another rise towards 0.9221 would more likely be seen after correction, however, a …
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