Latest Articles
GBPUSD stays below a falling trend line
By ForexCycle.com at 3 September, 2010, 2:30 am
GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.5997. As long as the trend line resistance (Now at 1.5525) holds, another fall to 1.5200 is still possible. On the upside, the pair may be forming a cycle bottom at 1.5326, key resistance is at …
MoreUSD/JPY Technical Analysis 2 September 2010
By iforex at 2 September, 2010, 9:08 am
USD/JPY 84.22 – 2 September 2010
USD/JPY Open 84.37 High 84.61 Low 83.75 Close 84.43
On Wednesday Dollar/Yen continued decreasing at first, in converse with the positive Interbank sentiment at nearly -80%, than recovered from the morning losses. The currency couple depreciated to 83.75 yesterday, from where it rose up to 84.61, closing the day at 84.43. …
GBP/USD Technical Analysis 2 September 2010
By iforex at 2 September, 2010, 7:20 am
GBP/USD 1.5407 – 2 September 2010
GBP/USD Open 1.5449 High 1.5482 Low 1.5338 Close 1.5454
On Wednesday Pound/Dollar recovered partly from losses earlier in the week, in line with the positive Interbank sentiment at nearly +17%. The Cable appreciated from 1.5338 to 1.5482 yesterday, closing the day at 1.5454. Today the British currency started weakening again. On …
iFOREX.bg – Daily Forecast 2 September 2010
By iforex at 2 September, 2010, 4:52 am
EUR/USD Buy at 1.2782 SL 1.2750 TP 1.2859
USD/JPY Sell at 84.26 87 84.58 TP 83.54
GBP/USD Sell at 1.5450 SL 1.5482 TP 1.5362
USD/CHF Sell at 1.0184 SL 1.0216 TP 1.0100
MoreEUR/USD Technical Analysis 2 September 2010
By iforex at 2 September, 2010, 3:54 am
EUR/USD 1.2787 – 2 September 2010
EUR/USD Open 1.2805 High 1.2849 Low 1.2667 Close 1.2809
On Wednesday the Euro/Dollar rose sharply, climbing with around 180 pips. The European appreciated from 1.2667 to 1.2849 yesterday, matching the positive Interbank sentiment projection, at around +3%, closing the day at 1.2809. This morning trading is hesitant for now. On the …
GBPUSD may be forming a cycle bottom at 1.5326
By ForexCycle.com at 2 September, 2010, 2:03 am
GBPUSD may be forming a cycle bottom at 1.5326 level on 4-hour chart. Key resistance is at 1.5597, a break above this level will confirm the cycle bottom and indicate that the fall from 1.5997 has completed at 1.5326 already, then the following uptrend could bring price back 1.5700-1.5800 area. However, …
MoreUSD/JPY Technical Analysis 1 September 2010
By iforex at 1 September, 2010, 9:01 am
USD/JPY 84.19 – 1 September 2010
USD/JPY Open 84.14 High 84.65 Low 83.87 Close 84.20
On Tuesday Dollar/Yen continued decreasing, in converse with the positive Interbank sentiment at nearly +3%. The currency couple depreciated from 84.65 to 83.87 yesterday, closing the day at 84.20. Today the trading is hesitant with unconvincing bullish efforts. On the 1 hour …
GBP/USD Technical Analysis 1 September 2010
By iforex at 1 September, 2010, 7:38 am
GBP/USD 1.5389 – 1 September 2010
GBP/USD Open 1.5349 High 1.5474 Low 1.5329 Close 1.5346
On Tuesday Pound/Dollar continued decreasing, in converse with the positive Interbank sentiment at nearly +17%. The Cable depreciated from 1.5474 to 1.5329 yesterday, closing the day at 1.5346. Today the British currency is making recovery efforts. On the 1 hour chart the …
