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USDCAD formed a minor consolidation
By ForexCycle.com at 26 August, 2010, 1:44 am
Being contained by 1.0676 (Jul 6 high) resistance, USDCAD formed a minor consolidation in a range between 1.0556 and 1.0666. Key support is at 1.0556, as long as this level holds, uptrend could be expected to continue and further rise to 1.0750 is still possible after consolidation. However, a breakdown below …
MoreUSD/JPY Technical Analysis 25 August 2010
By iforex at 25 August, 2010, 8:34 am
USD/JPY 84.66 – 25 August 2010
USD/JPY Open 84.20 High 85.19 Low 83.74 Close 83.91
On Tuesday Dollar/Yen continued decreasing with over 100 pips, in converse with the positive Interbank sentiment at nearly +16%. The currency couple depreciated from 85.19 to 83.74 yesterday, closing the day at 83.91. Today trading is hesitant and with some adjustment movements …
GBP/USD Technical Analysis 25 August 2010
By iforex at 25 August, 2010, 6:58 am
GBP/USD 1.5422 – 25 August 2010
GBP/USD Open 1.5405 High 1.5504 Low 1.5372 Close 1.5392
On Tuesday Pound/Dollar continued decreasing, in converse with the positive Interbank sentiment at around +17%. The Cable depreciated from 1.5504 to 1.5372 yesterday, closing the day at 1.5392. Today the British currency is trading neutrally so far. On the 1 hour chart …
iFOREX.bg – Daily Forecast 25 August 2010
By iforex at 25 August, 2010, 4:44 am
EUR/USD Buy at 1.2629 SL 1.2597 TP 1.2706
USD/JPY Buy at 84.21 SL 83.89 TP 84.93
GBP/USD Buy at 1.5390 SL 1.5358 TP 1.5478
USD/CHF Sell at 1.0317 SL 1.0349 TP 1.0233
MoreEUR/USD Technical Analysis 25 August 2010
By iforex at 25 August, 2010, 3:36 am
EUR/USD 1.2665 – 25 August 2010
EUR/USD Open 1.2633 High 1.2705 Low 1.2588 Close 1.2625
On Tuesday the Euro/Dollar continued decreasing till the weak US home sales pushed the Euro up. The European currency appreciated from 1.2588 to 1.2705 yesterday, not matching the negative Interbank sentiment projection, at around -1%, closing the day at 1.2625. This morning …
USD/JPY Technical Analysis 24 August 2010
By iforex at 24 August, 2010, 9:19 am
USD/JPY 84.48 – 24 August 2010
USD/JPY Open 85.17 High 85.67 Low 84.15 Close 85.15
On Monday Dollar/Yen decreased insignificantly, in line with the negative Interbank sentiment at nearly -1%. The currency couple depreciated from 85.67 to 85.05 yesterday, closing the day at 85.15. Today bears pushed further with 100 pips down to 84.15. On the 1 …
GBP/USD Technical Analysis 24 August 2010
By iforex at 24 August, 2010, 7:07 am
GBP/USD 1.5405 – 24 August 2010
GBP/USD Open 1.5497 High 1.5614 Low 1.5372 Close 1.5510
On Monday Pound/Dollar decreased, continuing the downward momentum after a strong upward correction, in converse with the positive Interbank sentiment at nearly +19%. The Cable depreciated from 1.5614 to 1.5485 yesterday, closing the day at 1.5510. Today the British currency weakened further …
iFOREX.bg – Daily Forecast 24 August 2010
By iforex at 24 August, 2010, 4:48 am
EUR/USD Sell at 1.2658 SL 1.2690 TP 1.2581
USD/JPY Sell at 85.09 91 85.41 TP 84.37
GBP/USD Sell at 1.5460 SL 1.5492 TP 1.5372
USD/CHF Buy at 1.0401 SL 1.0369 TP 1.0485
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