Wednesday May 26 , 2010
Previous session overview
The pair Euro against U.S. dollar traded during the Asian session between the lowest level at 1.22621 and the highest level at 1.23877, the pair trading now around the level of 1.22701.
The pair Sterling against the U.S. dollar traded during the Asian session in a narrow range between the lowest level at 1.43509 and the highest level at 1.44480, the pair is currently trading around the level of 1.43694.
Finally the pair U.S. dollar against the Japanese Yen also traded in a narrow range between the lowest level at 89.996 and the highest level at 90.490 the pair trading now around the level of 90.186.
Market Expectations
EUR/USD :etermined indicators for the pair Euro against the U.S. dollar show a negative signs which may lead the pair to decline and retest the support level at 1.21750 then reach the target of 1.20890, stability of trading below the level of 1.24260 is necessary to achieve these expectations.
GBP/USD :We expect today for the pair Sterling against the U.S. dollar a small up correction to the level of 1.44450, and then decline again to the level of 1.42300, then to the target of 1.41670, determined indicators support our expectations.
USD/JPY :We expect for the pair of U.S. dollar against Japanese Yen a bearish intraday trend in overall for today. Technical targets are at 89.100 then 88.570, where achieving them need a daily closing remaining below 91.050.
Senior Analyst / Ali Hasan /FXCBS
Newsletter
Forex ECN Broker , Currency Online Trading , Low Spread , Free Trading Software
Please visit our sponsors
Results 1 to 1 of 1
-
26-05-2010, 11:39 AM #1
- Join Date
- Dec 2009
- Posts
- 224
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
Technical Analysis 26/05/2010 FXCBS
-
Sponsored Links
-
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.