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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 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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Deltastock Daily Fx Analysis

March 6, 2009Current level-1.2698EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3292 and 1.4721. As expected, the slide from 1.2662 bottomed at 1.2477 and probably the final leg of the corrective phase ab

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Deltastock Daily Fx Analysis

March 4, 2009Current level-1.2524EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3292 and 1.4721. The negative bias has been sustained and with current break below 1.2510, the pair aims at 1.2421 and 1.232

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Technical Analysis Daily: Eur/usd

Technical Analysis Daily: EUR/USD EUR/USD 1.3299 EUR/USD Open 1.3325 High 1.3391 Low 1.3003 Close 1.3346Yesterday we had a good example of how the combination of bullish channel and hammer formation can be very powerful. Euro/Dollar made another risin momentum, reaching a peak of 1.3391 and closed at 1.3346. Signals remain ascending in the short te

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Deltastock Daily Fx Analysis

February 20, 2009Current level-1.2593EUR/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. As expected, a larger corrective phase took place above recent low at 1.2511 and it has peaked at 1.2760

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