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Forex: GBP/USD: Sterling picks up aboce 1.4650 on Drarling?s comments
FXstreet.com (Barcelona) ? The Pound seems to be picking up from intra-day?s low at 1.4575 reaching levels above 1.4650 on the back of Darling?s speech; The Pound trades, at the moment, at 1.4690, close to next resistance level at 1.4700.If the Pound reaches above 1.4700 (Apr 21 high) next resistance level stands at 1.4745/55 (Apr 23 high/ Apr 19 low) and above here, 1.4840. On the downside, 1.4640 and 1.4575 (intra-day low), below here 1.4515.According to the Mattf.com technical
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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
May 12, 2009Current level-1.3621EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524. The minor consolidation below 1.3668 is close to its end, so a break above 1.3636 should target 1.3740. Important support comes at 1.3442 and crucial on the 4 h. chart remains 1.3244.Full Article
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Forex: GBP/USD: Pound reaches 1.5447; 2009 high so far - UPDATE
FXstreet.com (Barcelona) - Recovery from yesterday's low art 1.5115 has extended above 1.5374 (Jan 8 high/2009 high) ahead of the European session opening, and the Pound has reached a maximum level at 1.5447, the highest level in the year 2009 so far.Nicole Elliott, senior technical analyst at Mizuho Corporate Bank observes the Pound´s upside potential: The strongest daily close since mid-December as the 9-day moving average helps Cable up half a notch. This adds weight to our view that
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Forex: EUR/USD: Euro hovering right below fresh 4-months high at 1.3981
FXstreet.com (Barcelona) - The Euro continues showing strength and at the moment is launching an assault to 4-month high at 1.3978 reached earlier, and so far has ticked up to 1.3981 to drop slightly lower to 1.3965.Resistance levels above 1.3981 lie at 1.4000 and 1.4055 (January high). On the downside, immediate support level remains at the 13925/40 area, and below there, today's low at 1.3895 and 1.3865.According to Nicole Elliott, senior technical analyst at Mizuho Corporate Bank a weekly close
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Deltastock Daily Fx Analysis
May 12, 2009Current level-1.3621EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524. The minor consolidation below 1.3668 is close to its end, so a break above 1.3636 should target 1.3740. Im
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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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Forex: EUR/USD: Weekly close above 1.3700 would increase bullish momentum, says Mizuho
FXstreet.com (Barcelona) - The Euro has posted a sharp three-day rally from intra-week low at 1.3425 on Monday to reach a 6-month high at 1.3830, which according to Nicole Elliott, senior technical analyst at Mizuho Corporate Bank drove the Euro above important resistance at 1.3700.A weekly close above the mentioned resistance would add bullish momentum to the Euro, says Elliott: Even the brain dead will have to start waking up to reality following the Euro?s close above important resistance around
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Deltastock Daily Fx Analysis
May 21, 2009Current level-1.3774EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524. As expected, the pair broke through 1.3740 resistance, reaching high at 1.3830. Current consolidation belo
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