20
0
Currency Majors Technical Analysis
Wed, Jan 7 2009, 13:57 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/CADAmerican Session
EUR/USD - Euro Dollar
1,3721. EUR USD broke 1,3660 resistance. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,3840 resistance (119 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,3750 - 1,3840
Supports
1,3560 - 1,3440
more information on EUR/USD - Euro Dollar Click Here
GBP/USD - British Pound Dollar
1,5087. GBP USD broke 1,4970 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 1,5200 resistance (113 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5130 - 1,5200
Supports
1,4970 - 1,4730
more information on GBP/USD - British Pound Dollar Click Here
USD/CAD - US Dollar Canadian Dollar
1,1792. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,1760 (32 pips). The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,1870 - 1,2000
Supports
1,1760 - 1,1730
more information on USD/CAD - US Dollar Canadian Dollar Click Here
USD/CHF - Dollar Swiss Franc
1,0916. USD CHF broke 1,0980 support. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0750 support (166 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0540 - 1,1180
Supports
1,0850 - 1,0750
more information on USD/CHF - Dollar Swiss Franc Click Here
USD/JPY - Dollar Yen
92,53. USD JPY broke 92,85 support. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 91,80 support (73 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
93,00 - 93,35
Supports
92,00 - 90,80
more information on USD/JPY - Dollar Yen Click Here
Published on Wed, Jan 7 2009, 13:57 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
Mataf.net
| 325 Rue Parmentier 38140 Izeaux
http://www.mataf.net/en/ | forex@mataf.net
Legal disclaimer and risk disclosure
All Technical Analysis and resulting conclusions and observations are based upon historical chart formations and patterns. Therefore, observations are a function of each analyst’s interpretation of the charts. What has happened 75% of the times in the past per a particular chart pattern does not mean it will always recur in the future. It logically follows that historical precedent does not guarantee future results. Conclusions expressed in the technical analysis section are personal opinions of the analysts; and may not be construed as recommendations to buy or sell anything.Related reports
Weekly Focus - Is it strong enough? by Danske Bank A/S
Fri, Jul 3 2009, 15:00 GMT
Weekly Market Commentary - Libor and Official Interest rates are at their narrowest by Mizuho Corporate Bank
Fri, Jul 3 2009, 14:33 GMT
Weekly Commodity Update - Risk appetite heading for the exit by Saxo Bank
Fri, Jul 3 2009, 13:28 GMT
New Europe Weekly - Balkan politics - uncertainty on the rise by Danske Bank A/S
Fri, Jul 3 2009, 13:25 GMT
London Gold Market Report by BullionVault.com
Fri, Jul 3 2009, 13:24 GMT
eurusd, usdcad, highlighted, gbpusd, usdchf, usdjpy
View AllRelated content
European Markets mixed, EUR rises and GBP lower
FXstreet.com | Fri, Jul 3 2009, 14:38 GMT
Forex: EUR/USD rebounds at 1.3980, back above 1.4000
FXstreet.com | Fri, Jul 3 2009, 11:46 GMT
CURRENCIES: Dollar Edges Higher In Thin Trade Ahead Of Holiday
Dow Jones | Fri, Jul 3 2009, 11:46 GMT
Forex: GBP/USD falls further to test 1.6300
FXstreet.com | Fri, Jul 3 2009, 11:20 GMT
2nd UPDATE: UK Service Sector Grows, End Of Recession Nears
Dow Jones | Fri, Jul 3 2009, 10:15 GMT
eurusd, usdcad, highlighted, gbpusd, usdchf, usdjpy
View All
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.