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EURJPY closes above resistance
Thu, Feb 09 2012, 22:59 GMTForex Trade Setups Commentary RSS |
Chart in Focus: EURJPY daily chart The EURJPY has been surging higher recently and we can see today price broke and closed above resistance near 102.50. We now view this level as support and would look to get long on any rotations lower into 102.50 or the 8 day EMA support level, pending bullish price action confirmation. We see the next key resistance coming in near 105.00.
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Euro was trading from 1.3215 to 1.3290
Thu, Feb 09 2012, 22:25 GMTForex Outlook RSS |
The Euro is trading from 1.3215 to 1.3290. We have strong support at 1.3200 to 1.3185. USDJPY hit a low of 76.71 and recovered a bit, we might test 77.30 and maybe 77.50. We see strong resistance at 77.47. USDCHF is flat in a range of 0.9100 to .91250. Cable fell sharply below 1.5900 and might test 1.5750 while below 1.5850. Aussie fell and saw a low of 1.0738 but is recovering. We have support at 1.073.
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FX Market Commentary – 10th February 2012
Fri, Feb 10 2012, 00:03 GMTFundamental FX Commentary | -
Forex - Chart NZD/USD Update: Settling back, support at .8285, .8249
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Thu, Feb 9 2012, 23:18 GMTDaily Forex Outlook | -
EURJPY closes above resistance
Thu, Feb 9 2012, 22:59 GMTForex Trade Setups Commentary | -
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Thu, Feb 9 2012, 22:30 GMTPre-Market Analysis | -
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Thu, Feb 9 2012, 22:26 GMTStocks Outlook | -
Euro was trading from 1.3215 to 1.3290
Thu, Feb 9 2012, 22:25 GMTForex Outlook | -
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Thu, Feb 9 2012, 19:04 GMTThe Bond Bulletin | -
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Thu, Feb 9 2012, 17:18 GMTFX Analysis | -
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