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EUR/USD Technical Analysis 27 August 2010

By iforex at 27 August, 2010, 3:54 am

EUR/USD 1.2710 – 27 August 2010
EUR/USD Open 1.2704 High 1.2758 Low 1.2653 Close 1.2715
On Thursday the Euro/Dollar traded slightly upwards, climbing with around 100 pips. The European appreciated from 1.2653 to 1.2758 yesterday, not matching the negative Interbank sentiment projection, at nearly -1%, closing the day at 1.2715. This morning trading is hesitant for now. …

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USDCAD failed to break above 1.0676

By ForexCycle.com at 27 August, 2010, 1:02 am

USDCAD failed to break above 1.0676 (Jul 6 high) resistance and formed a cycle top at 1.0666. Pullback towards 1.0400 area would more likely be seen in next several days. As long as 1.2400 support holds, the fall from 1.0666 could be treated as consolidation of uptrend from 1.0107, one more …

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USD/JPY Technical Analysis 26 August 2010

By iforex at 26 August, 2010, 8:38 am

USD/JPY 84.69 – 26 August 2010
USD/JPY Open 84.68 High 84.88 Low 84.13 Close 84.56
On Wednesday Dollar/Yen increasing insignificantly, in converse with the very negative Interbank sentiment at nearly -80%. The currency couple appreciated from 84.13 to 84.81 yesterday, closing the day at 84.56. Today trading extended up to 84.88, but without strong bullish impulse. On …

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GBP/USD Technical Analysis 26 August 2010

By iforex at 26 August, 2010, 7:53 am

GBP/USD 1.5536 – 26 August 2010
GBP/USD Open 1.5469 High 1.5580 Low 1.5389 Close 1.5458
On Wednesday Pound/Dollar continued increasing, in line with the positive Interbank sentiment at around +17%. The Cable appreciated from 1.5389 to 1.5476 yesterday, closing the day at 1.5458. Today the British currency extended its gains up to 1.5580, recovering the losses from …

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iFOREX.bg – Daily Forecast 26 August 2010

By iforex at 26 August, 2010, 4:50 am

EUR/USD Buy at 1.2691 SL 1.2659 TP 1.2768

USD/JPY Sell at 84.81 87 85.13 TP 84.09

GBP/USD Buy at 1.5547 SL 1.5515 TP 1.5635

USD/CHF Sell at 1.0317 SL 1.0349 TP 1.0233

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EUR/USD Technical Analysis 26 August 2010

By iforex at 26 August, 2010, 3:43 am

EUR/USD 1.2706 – 26 August 2010
EUR/USD Open 1.2663 High 1.2718 Low 1.2611 Close 1.2655
On Wednesday the Euro/Dollar increased, recovering from the previous losses. The European currency first depreciated from 1.2717 to 1.2611 yesterday, matching the negative Interbank sentiment projection, at nearly -1%, than resumed climbing, closing the day at 1.2655. This morning the bulls pushed …

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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 …

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USD/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 …

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