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Currency Roundup..

Started Jan 25, 2011 0 Replies

USD   The dollar rose as risk appetite diminished following a fall in confidence in Europe, after ECB President Trichet played down recent rises in inflation in an interview at the weekend. There was…Continue

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Blog posts by Forex4you 22 hours ago
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2 blog posts by Forex4you were featured Wednesday
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Forex4you Technical Analysis 08 Feb 2012

EUR/USD: Technical AnalysisThe EUR/USD broke out of its range and rose yesterday and now it is consolidating and will probably pull-back to the range highs at 1.3220 and possibly to 1.3150 thereafter if the correction gathers strength. After that the move up will probably resume with the price objective for the breakout from the box at 1.3615, which is the same level as the upper channel line, although strong resistance at 1.3340 from pivots could cap gains temporarily.…See More
Blog post by Forex4you Wednesday
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Forex4you Technical Analysis 07 Feb 2012

EUR/USD: Technical AnalysisEarlier forecasts, expecting 1.3040/30 support level to halt the "bearish" movement and push the price back to 1.3210/20 – 1.3080/90 consolidation range confirmed, so the price now resides at 1.3130/49 level. Indicators are unclear, suggesting rising uncertainty in the market. 1.3080/70/1.3040/30 support levels breakouts will be a signal to anticipate further downtrend towards 1.3000 and then to 1.2900 level. 1.3230/20 resistance breakout will give reasons to…See More
Blog post by Forex4you Tuesday
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Forex4you Technical Analysis 03 Feb 2012

EUR/USD: Technical AnalysisEarlier breached uptrend (green) line held back the price from going back to the channel's sector. Trading declined below 1.3150/40 support, but the price is currently attempting to ascend again. Trading is carried out at 1.3160/50. Indicators seem to be more "bearish", although they are moving horizontally, suggesting further sideways movement within 1.3210/20 – 1.3080/90 range. 1.3080/70 support breakout will indicate strong "bearish" potential. If trades hold below…See More
A blog post by Forex4you was featured Feb 4
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Blog posts by Forex4you Feb 3
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Forex4you Technical Analysis 02 Feb 2012

EUR/USD: Technical AnalysisThe price managed to ascend above 1.3150/40 level, but 1.3210/15 line hindered further growth, so the price is now likely to retrace back under 1.3150/40 support. Indicators are turning down, giving more reasons to anticipate a reversal down. If the pair continues to decline and the price tests earlier breached uptrend (green) line as a resistance and pulls back, we'll be expecting a highly possible reversal. 1.3080/70 support breakout will be the first sign for the…See More
A blog post by Forex4you was featured Feb 3
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Forex4you Technical Analysis 01 Feb 2012

EUR/USD: Technical AnalysisThe price failed to rise above 1.3210\20 level, so it retraced back down and breached a short-term uptrend (green) line. Having plunged to 1.3020/30 level, the price is now attempting to recommence growth. Trading is carried out at 1.3090/1.3100 levels. It's worth noting, however, that indicators suggest a reversal down and the fact that the above mentioned trend line has been recently breached proves that the "bullish" potential is weakening. If trading fails to…See More
A blog post by Forex4you was featured Feb 1
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Blog posts by Forex4you Feb 1
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Forex4you Technical Analysis 30 Jan 2012

EUR/USD: Technical AnalysisLevel 1.3140/50 held back the "bulls", like expected, but not for a long time. The price went further up, tested 1.3220/30 level, which turned out to be a strong resistance, and pulled back down to level 1.3140/30, where trading is being currently carried out. Indicators are turning more down, suggesting further decline, most likely to 1.3100 or even lower, to 1.3080/70 level. However, present pullback should be considered a correction within the uptrend. Reversal up…See More
A blog post by Forex4you was featured Jan 30
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Forex4you Technical Analysis 30 Jan 2012

EUR/USD: Technical AnalysisLevel 1.3140/50 held back the "bulls", like expected, but not for a long time. The price went further up, tested 1.3220/30 level, which turned out to be a strong resistance, and pulled back down to level 1.3140/30, where trading is being currently carried out. Indicators are turning more down, suggesting further decline, most likely to 1.3100 or even lower, to 1.3080/70 level. However, present pullback should be considered a correction within the uptrend. Reversal up…See More
Blog post by Forex4you Jan 30
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Forex4you Technical Analysis 25 Jan 2012

EUR/USD: Technical AnalysisThe EUR/USD has broken out of its ascending channel and has formed a bearish head and shoulders pattern. If it falls below the key 1.2950 then it will open the way to a drop to at least 1.2850 where a strong level of support exists which includes the weekly pivot and the target from channel breakdown.Analysis by: Joaquin Monfort       …See More
A blog post by Forex4you was featured Jan 27
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Blog posts by Forex4you Jan 25
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Forex4you Technical Analysis 24 Jan 2012

EUR/USD: Technical AnalysisThe completion of various targets and double top forming indicate potential weakness and a possible break to the downside on the horizon. If the exchange rate falls below the swing lows at 1.2988 it will probably run down to 1.2960 at least, if not possibly further, but there it will probably stop because of support from the trend-line of the whole corrective move. Upside is currently limited by the weekly pivot and targets having been met for the breakout at around…See More
A blog post by Forex4you was featured Jan 25
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Forex4you Technical Analysis 23 Jan 2012

EUR/USD: Technical AnalysisThere is a general upside bias because of the strong support at 1.2850 and the unfinished elliot wave pattern higher. A break of the high at 1.2950 would lead to a rally and re-touch of the recent highs at 1.2985 -and then perhaps even further upside to the 200 - 4-hourly MA at around 1.3000 – which is also a key psychological level. If the pair falls however, then it could drift down to support at 1.2850 instead, with a possible resumption of the broader down-trend…See More
Blog post by Forex4you Jan 23
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Forex4you Technical Analysis 19 Jan 2012

EUR/USD: Technical AnalysisI remain stubbornly bearish on EUR/USD despite the counter-trend rally continuing and making new highs above 1.2900. There is strong resistance on the monthly chart and the recent range highs, and marked divergence on MACD so a resumption of the down-trend is probable, with support at 1.2780 as the next target.Analysis by: Joaquin…See More
A blog post by Forex4you was featured Jan 19
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Online forex trading with leading broker. Leverage up to 1:500! Start trading with just 2 USD. 24-hour customer support. Market tips and news.
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http://www.forex4you.com/
Years trading Forex
3
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Forex4you Technical Analysis 10 Feb 2012

Posted on February 10, 2012 at 2:49pm 0 Comments

EUR/USD: Technical Analysis

The price failed to hold above 1.3300 level, so the price stayed within 1.3300- 1.3250 consolidation range. Trading is currently carried out at 1.3270/80 level. Indicators are neutral, suggesting further range trading with a possible extension of current consolidation range down to 1.3200/1.3190 levels. At the same time, the uptrend is still considered to be dominating and growth to 1.3420/30 targets is also possible. 1.3040/00 support…

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Forex4you Technical Analysis 09 Feb 2012

Posted on February 9, 2012 at 2:53pm 0 Comments

EUR/USD: Technical Analysis

The EUR/USD has rallied to the underside of a major multi-month down-sloping channel where it has encounter resistance and is currently pulling back. The correction will probably fall to the support at 1.3220 and then perhaps the top of the range at 1.3180 - if it is a strong move. However, the recent breakout from the consolidation has still not met its target at 1.3335, where other resistance is also clustered and eventually I see a rally…

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Forex4you Technical Analysis 08 Feb 2012

Posted on February 8, 2012 at 3:34pm 0 Comments

EUR/USD: Technical Analysis

The EUR/USD broke out of its range and rose yesterday and now it is consolidating and will probably pull-back to the range highs at 1.3220 and possibly to 1.3150 thereafter if the correction gathers strength. After that the move up will probably resume with the price objective for the breakout from the box at 1.3615, which is the same level as the upper channel line, although strong resistance at 1.3340 from pivots could cap gains…

Continue
Forex4you

Forex4you Technical Analysis 07 Feb 2012

Posted on February 7, 2012 at 3:12pm 0 Comments

EUR/USD: Technical Analysis

Earlier forecasts, expecting 1.3040/30 support level to halt the "bearish" movement and push the price back to 1.3210/20 – 1.3080/90 consolidation range confirmed, so the price now resides at 1.3130/49 level. Indicators are unclear, suggesting rising uncertainty in the market. 1.3080/70/1.3040/30 support levels breakouts will be a signal to anticipate further downtrend towards 1.3000 and then to 1.2900 level. 1.3230/20 resistance breakout…

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At 3:51pm on December 15, 2011, julia cohenjulia cohen said…

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