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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: EUR/USD holds above 1.3200

FXstreet.com (Córdoba) ? EUR/USD after reaching 1.3300 started a correction to 1.3230 which now is a support zone. For the day the pair has gain 0.91% and set the highest price for the week during the American Session. Now is holding above 1.3200. Today EUR/USD has broken an up trend line in four-hour charts that was directing the pair moves. In the long term the trend is undefined. Until uncertainty in financial markets and the real economy ceases it

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Deltastock Daily Fx Analysis

May 7, 2009Current level- 1.5118The pair is in a broad corrective phase, after bottoming at 1.3506. Trading is situated between the 50- and 200-day SMA, currently projected at 1.4422 and 1.5896. Our first target at 1.5172 was almost hit with recent high at 1.5163 and currently the pair is in a corrective phase, that is expected to be limited above 1.4978, before next leg upwards, to 1.5301.Full Article

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Forex: Pound rallies to 1.5140

FXstreet.com (Córdoba) ? The pound strengthen against the dollar and rose breaking above 1.5100. So far today GBP/USD has risen 0.55% and is near 4 month high reached last week at 1.5159. The pair moved in an upside trend most of the American session recovering early losses and rising more than 130 pips. Current price is 1.5140. If the pair ends the day around these levels it will be the highest daily closed since January 7th. For more information,

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Forex: GBP/USD is back above 1.5100

FXstreet.com (Barcelona) - After reaching 1.5160, fresh 4-months high and falls to 1.5030, the Cable has risen around 70 pips to be back above 1.5100 level. Currently the pair is trading around 1.5115/25 0.60% above its opening level.Valeria Bednarik, FXstreet.com says: Pair seems a bit exhausted to the upside, and ready for a downside correction in the hourly charts, probable bearish engulfing in the hourly, yet as long as the pair remains above 1.5000, consider bullish bias intact. Tough congestion

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Forex: GBP/USD: Pound dropped to 1.5065 low; correlated with oil prices

FXstreet.com (Barcelona) ? The Pound continues weak after having declined from 1.5330 high yesterday to intra-week low around 1.5065, and the pair dies not take off to levels above 1.5100.According to the Kshitij Consultancy Service Team, the pair has taken south after breaking 55 SMA in the 4 hour chart: ?Cable fell past the Support at 55-MA on the 4-hour chart. A break past 1.4892 (21-DMA) may signal the confirmation of bearishness which could then pull the pair down towards

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Forex: USD/CAD rises to test 1.1355 resistance

FXstreet.com (Barcelona) - Greenback is continuing its recovering against the Canadian Dollar from its 7-month lowest levels reached last Friday. Yesterday the pair won 0.42% and today USD/CAD is rising 0.80% to test the 1.1355 resistance level.USD/CAD has risen around 85 pips from the 1.1240, intra-day low in the Asian session, to reach 1.1355, intra-day high in the last minutes. Currently the pair is trading around 1.1335/45, 0.80% above today's opening price at 1.1250.Yesterday, the pair rose 0.42% from 1.1210

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Forex: EUR/USD found support at 1.3335, back above 1.3350

FXstreet.com (Barcelona) - After falling from 1.3435, intra-day high to find support at 1.3335, the EUR/USD has risen to trade above 1.3350 level. Currently the pair is trading around 1.3360 after falling 0.40% so fartoday from 1.3416 opening price.Valeria Bednarik, FXstreet.com collaborator, says: Consolidation range has moved up to the 1.33/34 zone, with daily charts still slightly bullish. 1.3550 where we have the 200 EMA will be a key point for the pair in the term. Above it, upside bias

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Forex: USD/CAD rises 0.40% to 1.1825, intra-day high

FXstreet.com (Barcelona) - USD/CAD has risen around 90 pips from 1.1735 in the early European morning, to reach the intra-day high at 1.1825. Currently the pair is trading around 1.1815/25, 0,40% up from opening price at 1.1765.Yesterday, the pair rose 0.33% from 1.1727 opening price, reaching 1.1791 as maximum and 1.1680 as 2009 low, to close the day at 1.1768.According to the Mataf.net analyst team, Loonie is in a downtrend: 1,1798. USD CAD is in an downtrend directed by 1H

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