Friday April 23 , 2010
Previous session overview
The pair Euro against the U.S. dollar traded in the Asian session in a narrow range diagonally downwards, the highest price was at the level of 1.32955 and the lowest price was at the level of 1.32017, the pair trading now around the level of 1.32282.
Regarding the pound dollar pair, it inclined recording a high of 1.53975 and a low of 1.53151, having the royal currency trading around 1.53210.
Finally the pair U.S. dollar against the Japanese Yen traded in a narrow range between the highest level at the price of 93.632 and the lowest level at the price of 93.310 , the pair trading now around the level of 93.407.
Market Expectations
EUR/USD :etermined Indicators for the pair euro against the U.S. dollar is approaching to saturation levels in sales, so we expect a rise today for the pair to the first target level at 1.33200 then to the level of 1.33780, stability of trading above the level of 1.31700 necessary to achieve those expectations.
GBP/USD :The resistance level at 1.54850 is still standing strong barrier Preventing the pair to continues its bullish trend, this level has forced the pair to return within the downward path again, which leads us to expect a drop to the level of 1.52250, stability of trading below the level of 1.54850 necessary to achieve those expectations.
USD/JPY :We expect today for the pair U.S. dollar against the Japanese Yen a bullish direction over an intraday basis and require stability above the neckline in addition to stability 92.750. The awaited targets start at 94.050 then 94.650.
Senior Analyst / Ali Hasan /FXCBS
Newsletter
Forex ECN Broker , Currency Online Trading , Low Spread , Free Trading Software
Please visit our sponsors
Results 1 to 2 of 2
-
23-04-2010, 10:47 AM #1
- Join Date
- Dec 2009
- Posts
- 224
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
Technical Analysis 23/04/2010 of FXCBS
-
Sponsored Links
-
26-04-2010, 09:58 AM #2
- Join Date
- Jul 2008
- Posts
- 315
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
EURO Update 26.04.2010:
Following the release of the better than expected report, the euro rose to trade at $1.3335 (at 11 a.m. in Frankfurt), up from 1.3230 that morning. Unfortunately, the Euro was unable to fully recover from Thursday's detrimental losses and fell for a second week in a row to close at $1.33837, up 0.88% from the day’s opening price but down 0.78% from the week’s opening price.
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.