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EUR/USD Technical Analysis 31 August 2010

By iforex at 31 August, 2010, 4:05 am

EUR/USD 1.2660 – 31 August 2010
EUR/USD Open 1.2662 High 1.2768 Low 1.2633 Close 1.2661
On Monday the Euro/Dollar started declining, as expected, dropping with just over 100 pips. The European depreciated from 1.2768 to 1.2633 yesterday, not matching the positive Interbank sentiment projection, at around +1%, closing the day at 1.2661. This morning bears pushed further …

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USDCAD rebounded strongly from 1.0471

By ForexCycle.com at 31 August, 2010, 1:15 am

USDCAD rebounded strongly from 1.0471, suggesting that a cycle bottom is being formed on 4-hour chart. Another rise to test 1.0676 (Jul 6 high) key resistance is possible in a couple of days, a break of this level will confirm the cycle bottom, then further rise to 1.0750 could be seen. …

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USD/JPY Technical Analysis 30 August 2010

By iforex at 30 August, 2010, 9:20 am

USD/JPY 84.92 – 30 August 2010
USD/JPY Open 85.49 High 85.90 Low 84.29 Close 85.18
On Friday Dollar/Yen increasing with over 100 pips, in converse with the negative Interbank sentiment at nearly -79%. The currency couple appreciated from 84.29 to 85.43 on Friday, closing the week at 85.18. Today, after bulls pushed quotes further to 85.90, the …

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GBP/USD Technical Analysis 30 August 2010

By iforex at 30 August, 2010, 7:06 am

GBP/USD 1.5521 – 30 August 2010
GBP/USD Open 1.5530 High 1.5559 Low 1.5455 Close 1.5524
On Friday Pound/Dollar moved down and up, in converse with the positive Interbank sentiment at nearly +20%. The Cable depreciated from 1.5534 to 1.5455 on Friday, closing the week at 1.5524. Today the British currency is moving hesitantly so far. On the …

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iFOREX.bg – Daily Forecast 30 August 2010

By iforex at 30 August, 2010, 4:52 am

EUR/USD Sell at 1.2747 SL 1.2779 TP 1.2670

USD/JPY Sell at 85.46 91 85.78 TP 84.74

GBP/USD Sell at 1.5550 SL 1.5582 TP 1.5462

USD/CHF Buy at 1.0290 SL 1.0258 TP 1.0374

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EUR/USD Technical Analysis 30 August 2010

By iforex at 30 August, 2010, 3:48 am

EUR/USD 1.2747 – 30 August 2010
EUR/USD Open 1.2753 High 1.2768 Low 1.2690 Close 1.2757
On Friday the Euro/Dollar traded slightly upwards, making insignificant rise. The European appreciated from 1.2690 to 1.2768 on Friday, matching the positive Interbank sentiment projection, at around +1%, closing the week at 1.2757. This morning bears are pushing down. On the 1 …

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EURUSD remains in downtrend from 1.3333

By ForexCycle.com at 30 August, 2010, 1:01 am

EURUSD remains in downtrend from 1.3333, and the bounce from 1.2587 is treated as consolidation of downtrend. Resistance is at the upper border of the falling price channel, as long as the channel resistance holds, downtrend is expected to continue and next target would be at 1.2500 area. However, a clear …

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USD/JPY Technical Analysis 27 August 2010

By iforex at 27 August, 2010, 8:39 am

USD/JPY 84.81 – 27 August 2010
USD/JPY Open 84.35 High 84.88 Low 84.27 Close 84.44
On Thursday Dollar/Yen decreasing insignificantly, in line with the negative Interbank sentiment at nearly -80%. The currency couple depreciated from 84.88 to 84.33 yesterday, closing the day at 84.44. Today bulls are trying to take over again, but unconvincingly for now. On …

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