Forex Analysis
Nicola Delic
2013-06-19 10:32:20 UTC+00 32 min. ago
For the last few days the AUD/USD pair has been trading downwards, impulsive wave 3 (coloured blue) of the bigger wave (3) (coloured red) has been developing.
Nicola Delic
2013-06-19 10:31:24 UTC+00 33 min. ago
Since our last analysis the USD/CAD has continued trading higher just like we expected, impulsive wave 3 (coloured blue) of the bigger wave [1] (coloured red) has finished developing.
Azeez Mustapha
2013-06-19 09:21:20 UTC+00 1 hour, 43 min. ago
The JPY pairs are now characterized by noteworthy reversals, which give some low-risk selling opportunities. Other majors are either consolidating or retracing. In general, the major outlook is still valid.
Yuriy Zaycev
2013-06-19 09:17:46 UTC+00 1 hour, 47 min. ago
Yesterday the major event in the UK was information about Moody's reduced Co-operative Bank's debt and deposit ratings to Caa1 from Ba3.
Yuriy Zaycev
2013-06-19 08:38:33 UTC+00 2 hours, 26 min. ago
Yesterday data on ZEW Economic Sentiment both in the eurozone and in Germany was better than expected.
Torben Melsted
2013-06-19 07:15:49 UTC+00 3 hours, 49 min. ago
We are currently in black wave v higher from the 1.6388 low.
Felipe Erazo
2013-06-19 07:11:24 UTC+00 3 hours, 53 min. ago
Crude Oil continues to rise above the support at the 96.73 level and gradually is approaching the resistance at 100.33 level.
Arief Makmur
2013-06-19 07:07:40 UTC+00 3 hours, 57 min. ago
Please pay attention to the levels of support 3 (95.00) and resistance 3 (95.99).
Arief Makmur
2013-06-19 07:06:23 UTC+00 3 hours, 58 min. ago
Today EUR/USD has support and resistance at 1.3348 and 1.3438. The rate is accompanied by strong support at 1.3335 and by 1.3451 as strong resistance.
Felipe Erazo
2013-06-19 06:05:24 UTC+00 4 hours, 59 min. ago
H4 chart: In this chart, USD/JPY is within a range between the levels of 95.81 and 94.08. If this pair manages to break the resistance level of 95.81, it would be expected to rise to the level of 96.70. On the other hand, if USD/JPY breaks the support at the 94.08 level, it would be expected to drop to the level of 92.56. It is very likely that this pair manages to break this resistance and go up to the level of 96.70, however, it would be very difficult for this pair to break the resistance at the 96.70 level due to the proximity it has with the 200 day moving average. MACD is still in a positive territory, so a bullish outlook for this pair today would be very likely.
Torben Melsted
2013-06-19 05:59:43 UTC+00 5 hours, 5 min. ago
When strong short-term resistance at 126.91 was broken, we knew that we need a rally towards 128.28 before the next attempt to break below strong support at 124.96 will be seen. We have seen a test of 128.11 till now, and as long as support at 127.23 protects the downside we expect that we will see one last rally higher to 128.28 before the next decline sets in. However, a break below 127.23 and, more importantly, a break below 126.91 will confirm, that we already have terminated the correction from 124.96 and a new test of this important support should be seen. In the longer term, we are still looking for a break below 124.96 for a decline towards our ideal target near 118.73, where wave 2 will have corrected 38.2% of wave 1.
Arief Makmur
2013-06-19 05:57:25 UTC+00 5 hours, 7 min. ago
Today; this currency pair is in the uptrend. This is indicated by the moving average already making a Golden Cross pattern, but please remain careful because this night the US FOMC Statement is expected, please be prepared for the reversal movement during the news release.
Gerardo Porras Palomino
2013-06-18 15:30:38 UTC+00 19 hours, 34 min. ago
Yesterday at the American session the pound sterling had grown to the maximum of 1.5754.
Gerardo Porras Palomino
2013-06-18 15:30:38 UTC+00 19 hours, 34 min. ago
Yesterday at the American session the pound sterling had grown to the maximum of 1.5754.
Gerardo Porras Palomino
2013-06-18 15:14:27 UTC+00 19 hours, 50 min. ago
In the European session the euro touched 1.34 area, however, it was unable to overcome it.
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