Forex Analysis
Mourad El Keddani
2013-05-21 06:00:09 UTC+00 1 hour, 19 min. ago
According to previous events, the price has still been trapped between 1.5280 and 1.5215, so it is wise to be careful in this range area around the level 38.2% of Fibonacci retracement levels and 00% (it will form a double bottom)
Felipe Erazo
2013-05-21 05:55:24 UTC+00 1 hour, 24 min. ago
EUR/USD daily analysis for May 21, 2013
Azeez Mustapha
2013-05-21 05:47:19 UTC+00 1 hour, 32 min. ago
The markets opened with minor gaps this week. This did not happen to JPY pairs only: it happened to some pairs and crosses as well. Great volatility is expected soon.
Torben Melsted
2013-05-20 16:01:56 UTC+00 15 hours, 17 min. ago
We have seen the expected correction down to 1.5770 (it has been a little deeper with a test of 1.5749).
Torben Melsted
2013-05-20 16:00:45 UTC+00 15 hours, 18 min. ago
We are still looking for the last rally higher towards the ideal target near 134.47.
Hossam Soliman Ali
2013-05-20 15:48:15 UTC+00 15 hours, 31 min. ago
The H4 chart demonstrates today that silver is approaching the Resistance level 22.60.
Gerardo Porras Palomino
2013-05-20 15:47:07 UTC+00 15 hours, 32 min. ago
The euro is slowly recovering after the fall it experienced on Friday.
Gerardo Porras Palomino
2013-05-20 15:43:57 UTC+00 15 hours, 35 min. ago
The pound has managed to break 1.52 area, but it found strong resistance at 1.5236.
Mohamed Samy
2013-05-20 15:40:51 UTC+00 15 hours, 38 min. ago
Support level around 1.0016-0.9995 (61.8% Fibonacci) provided evident bullish steam for the pair to step above 1.0300 topping at 1.0311.
Mohamed Samy
2013-05-20 15:38:52 UTC+00 15 hours, 40 min. ago
The weak bullish structure with integrated swings led to price fall after the upper limit of the movement channel 1.5590-1.5600 had provided a considerable resistance for the pair.
Gerardo Porras Palomino
2013-05-20 15:32:56 UTC+00 15 hours, 46 min. ago
The Australian dollar is in a technically oversold area.
Michael Becker
2013-05-20 15:29:17 UTC+00 15 hours, 50 min. ago
We talked about consolidation of the pair within the price range 1.2950 -1.3240 and the importance of breakout off this zone for the liberation of the pair.
Michael Becker
2013-05-20 15:26:39 UTC+00 15 hours, 53 min. ago
Supply zone located around 1.5550-1.5600 (the upper limit of the depicted bullish channel and 50% Fibonacci level) provided considerable resistance for the cable last week.
Gerardo Porras Palomino
2013-05-20 15:23:47 UTC+00 15 hours, 55 min. ago
The USD/JPY pair remains stable at 102.50 area. But it may drop in the short term, seeking the maximum 103.30.
Hossam Soliman Ali
2013-05-20 14:25:50 UTC+00 16 hours, 53 min. ago
From the today's H4 chart, we can notice that the pair opened this week below the lower boundary of its bullish channel which would give the pair a good opportunity to start its bearish move.
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