http://www.mataf.net/forums/forex Fri, 20 Nov 2009 23:05:58 +0100 1 http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12304.html November 20, 2009
Current level-1.4901

The overall bias here is neutral with a slightly bearish pressure while the 1.4796 support is still on test. Intraday resistance comes at 1.4972 and is likely to be tested before the beginning of the U.S. trading session, but only a clear break above 1.5015 will set the focus back on new highs, beyond 1.5063.

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]]> Stoyan Mihaylov Fri, 20 Nov 2009 11:12:52 +0100 Fri, 20 Nov 2009 11:12:52 +0100 http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12304.html http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12283.html November 19, 2009
Current level- 1.6654

The drowning from 1.6840 is deeper than expected, but while the pair holds above 1.6627 support there is a chance for reversal, that should set the beginning of the final leg upwards, to 1.6953. Only a break below 1.6515 will confirm, that important top is already in place, at 1.6877. Intraday bias is negative with a resistance at 1.6684 and crucial level at 1.6724.

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]]> Stoyan Mihaylov Thu, 19 Nov 2009 10:30:43 +0100 Thu, 19 Nov 2009 10:30:43 +0100 http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12283.html http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12272.html November 18, 2009
Current level- 1.6801

The pair is in a downtrend after peaking at 1.7042. Trading is situated above the 50- and 200-day SMA, currently projected at 1.6454 and 1.5258.

A minor top is set at 1.6877 and current corrective slide is testing 1.6752 support before next leg upwards, to 1.6957. The GBP is well supported at 0.8913 in EUR/GBP.

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]]> Stoyan Mihaylov Wed, 18 Nov 2009 11:12:33 +0100 Wed, 18 Nov 2009 11:12:33 +0100 http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12272.html http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12246.html November 17, 2009
Current level-1.4929

EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.4134 and 1.3523.

Yesterday's peak at 1.4994 marked a minor reversal and a sell-off followed, bottoming at 1.4881. Current intraday bias is negative with a crucial level at 1.4974 and we expect this slide to be the last wave of the consolidation pattern below 1.5050, before advancing towards 1.5130. As there is no important support in EUR/USD on the lower frames, watch out for 0.8830 zone in EUR/GBP, as it is expected to provide a reliable support for the next leg upwards.

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]]> Stoyan Mihaylov Tue, 17 Nov 2009 10:46:39 +0100 Tue, 17 Nov 2009 10:46:39 +0100 http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12246.html http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12231.html November 16, 2009
Current level-1.4982

The bottoming process at 1.4821 ended with a "double bottom" reversal pattern and the pair broke above 1.4901, reaching a temporary high at 1.4993. Although one more intraday swing to 1.4892 is to be expected, the overall bias is positive for 1.5050, en route to 1.5280 major resistance area.

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]]> Stoyan Mihaylov Mon, 16 Nov 2009 11:04:35 +0100 Mon, 16 Nov 2009 11:04:35 +0100 http://www.mataf.net/forums/Deltastock-Daily-Fx-Analy-t12231.html