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Nov-18: Forex Analysis Eur/usd
Not much change from yesterday, the pair remains under selling pressure and so, bearish in bigger charts, yet moving sideways in 4 hours charts, with a strong support/congestion zone between 1.2580/1.2600 that’s holding the downside.Under that, we have supports at 1.2540 and finally the tough 1.2500/10.To the upside, as long as the pair holds here,
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EUR/USD: Euro hits a new intra-week low at 1.2965 and returns to 1.3000
FXstreet.com (Barcelona) ? The Euro has hit a new intra-week low at 1.2965 before returning to levels above 1.2980, and at the moment trades around 1.3000; within the consolidation range of the last hours, between the mentioned 1.2980 and 1.3035.According to Greg Holden, technical analyst at Forex Yard, comments of ECB members over the Bank keeping interest rates at current levels have weighed on the Euro: ?Since the beginning of the week the pair has entered a bearish trend, dropping
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Forex: GBP/USD: The Pound, rejected at 1.5900, retreats to intra-day low below 1.5800
FXstreet.com (Barcelona) - The Pound has reversed from resistance level around 1.5900 on early European session to hit a new intra-day low at 1.5765 so far.According to Carol Harmer technical analyst at Charmer Charts, observes the possibility of the Pound returning to levels below 1.5700: Now if after the recovery of yesterday this runs out of steam and buyers cannot break 1.5900 look for this to come lower with 1.5686/60 once more their targeted area... Buyers will still be around,
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Forex: EUR/USD: Euro, below 1.3485; upside bias still active
!--TITOL: h1Forex: EUR/USD: Euro, below 1.3485; upside bias still activeFITITOL--FXstreet.com (Barcelona) - The Euro has remained trading in a range from 1.3445 to 1.3485 intra-day high, after its decline from from Friday's high at 1.3650, nevertheless, Mohammed Isah, technical analyst at FXTechstrategy mantains that the Euro short-term uptrend is still activated.br /br /Despite last weeks decline, a href=http://www.fxstreet.com/technical/forex-strategy/daily-technical-strategist/2009-05-18.htmlIsah/a affirms that the Euro remains pointing upwards: Although its first week of weakness registered the past week following its rise off the
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Deltastock Daily Fx Analysis
February 24, 2009Current level-1.2718EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are rising, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3292 and 1.4721. Yesterday's break below 1.2874 confirmed, that a top is set at 1.2996 - a final of the rise from 1.2
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Forex: GBP/USD: Sterling picks up and reaches 1.5180
!--TITOL: h1Forex: GBP/USD: Sterling picks up and reaches 1.5180FITITOL--FXstreet.com (Barcelona) - Sterling is gathering momentum on early European session and the GBP/USD, after having bottomed at 1.5115 on early Asian session, has reached levels right below 1.5200 resistance level.br /br /According to a href=http://www.fxstreet.com/technical/forex-strategy/forex-chartist-technical-analysis/2009-05-18.htmlCarol Harmer/a, technical analyst at Charmer Charts, the Pound reaches a key level, likely to trigger sellers: Sterling faltered at 1/5390 and sellers have pushed this lower to 1.5114 overnight. Buyers have been seen, and currently buyers
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Forex: GBP/USD: Sterling testing 1.5245 level
!--TITOL: h1Forex: GBP/USD: Sterling testing 1.5245 levelFITITOL--FXstreet.com (Barcelona) - The Pound has reached levels right above resistance at 1.5245 on its recovery from intra-day low at 1.5115. At the moment, GBP/USD trades at 1.5255; 0.52% above its daily opening level.br /br /On a longer perspective, a href=http://www.fxstreet.com/technical/forex-strategy/daily-technical-strategist/2009-05-18.htmlMohammed Isah/a, technical analyst at FXTechstrategy affirms that recovery from 1.3655 low continues: Despite the fact that GBP weakened and closed lower the past week, as long as it continues to hold above
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