forex short term technical analysis

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

April 3, 2009Current level - 99.61A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.Our first target at 100.16 was reached yesterday and the pair is in a corrective mode above 99.+, before advancing towards 100.98.Full A

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Deltastock Daily Fx Analysis

April 15, 2009Current level - 98.25A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.Our target at 98.87 was filled, but the minor downtrend is still intact and there are no signs of a reversal, so we favor continued neg

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Deltastock Daily Fx Analysis

April 27, 2009Current level - 96.69A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.As expected, the pair broke through the dynamic support at 97.65 and is targeting 95.83 and 93.58. Crucial on the upside is 97.70.Full

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Deltastock Daily Fx Analysis

May 13, 2009Current level - 96.42A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.Probably the pair has entered a larger corrective phase above 95.77 low, but the overall bias is negative for 93.58. Intraday support com

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Deltastock Daily Fx Analysis

May 11, 2009Current level - 98.59A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.The bias remains negative for 97.12 with nearest resistance at 98.90 and risk-limit above 99.55.Full Article

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Forex: EUR/USD: Euro rises above 1.3850

FXstreet.com (Barcelona) - The Euro is gathering strength on early European session and, after bouncing at 1.3745 on Asian session, the Euro reaches levels above 1.3850.According to Carol Harmer, technical analyst at Charmer Charts.com, points out to 1.3855 as key level for the bulls: Slightly lower start today but it has recovered well and broken through the first short term fib level of 1.3820 and attained the 2nd 38% fib of 1.3855. Now on the short term chart the market

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Canadian Dollar Remains Vulnerable Despite Short Term Rise

(CEP News) - The Canadian dollar has not been able to find any momentum in what has been a relatively quiet day in currency markets.Although the loonie is showing some gains against the U.S. dollar, the USD/CAD continues to trade above key resistance levels. The USD/CAD is down 0.53 cents to 1.2601 CADTyson Wright, senior FX trader at Custom House, said it appears that 1.25 CAD is going to act as the new support level and that it could take

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