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Currency Majors Technical Analysis
Wed, Apr 30 2008, 05:03 GMT
Mataf.net
More technical analysis about: EUR/USD, USD/CHF, USD/JPY, GBP/USD, AUD/USD, USD/CAD, EUR/CHF, EUR/JPY, EUR/GBP, EUR/AUD, EUR/CADEuropean Session
EUR/USD - Euro Dollar
1,5583. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,5540 and 1,5690. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 1,5525. If the support is broken then the target will be 1,5280.
Resistances
1,5600 - 1,5690
Supports
1,5545 - 1,5525
more information on EUR/USD - Euro Dollar Click Here
GBP/USD - British Pound Dollar
1,9682. GBP USD is in a consolidation after the last bearish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,9600 / 1,9700 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9700 - 1,9750
Supports
1,9660 - 1,9600
more information on GBP/USD - British Pound Dollar Click Here
USD/CAD - US Dollar Canadian Dollar
1,0132. There is an horizontal range between 1,0110 and 1,0150. Support and resistance are given by Bollinger bands. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,0070 / 1,0200 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0150 - 1,0200
Supports
1,0110 - 1,0070
more information on USD/CAD - US Dollar Canadian Dollar Click Here
USD/CHF - Dollar Swiss Franc
1,0367. USD CHF is in a consolidation after the last bullish movement. USD CHF is in a range between 1,0300 and 1,0430. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0390 - 1,0430
Supports
1,0360 - 1,0300
more information on USD/CHF - Dollar Swiss Franc Click Here
USD/JPY - Dollar Yen
103,95. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should find a resistance below 104,20. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
104,20 - 104,50
Supports
103,85 - 103,60
more information on USD/JPY - Dollar Yen Click Here
Published on Wed, Apr 30 2008, 05:07 GMT
Archive
- Currency Majors Technical Analysis
Published On Fri, Jul 3 2009, 05:30 GMT - Currency Majors Technical Analysis
Published On Thu, Jul 2 2009, 12:14 GMT - Currency Majors Technical Analysis
Published On Thu, Jul 2 2009, 05:48 GMT - Currency Majors Technical Analysis
Published On Wed, Jul 1 2009, 05:04 GMT - Currency Majors Technical Analysis
Published On Tue, Jun 30 2009, 12:40 GMT
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