日本語
Español
中文
Русский 
Français
- New York 20:18
- London 01:18
- Barcelona 02:18
- Tokyo 10:18
- Sydney 12:18
Daily Recommended Trades
3
0
Daily Technical Outlook
Fri, Jul 3 2009, 06:06 GMT
by E-Forex Team
EURUSD
Intra-day support on the 1.4100 failed to hold on yesterday and the pullback extended in the overnight trading to 1.2930, before recovering to 1.4000 at the time of this writing. Minor resistance is formed by the 1.4 handle and a breach above would open the more notable barrier at 1.4050/65 - formed by the weekly market open price. A close above the said level would keep both short and medium term studies bullish. However, the euro is facing difficulties on its attempts to establish higher support and aim towards recent top side at 1.4340. Range-bound trading is likely to continue, below 1.4180-1.4200 and above 1.3750. Current quote is 1.3997 @06:00 GMT
Support levels: 1.3930, 1.3900/10, 1.3830 and 1.3750
Resistance levels: 1.4000, 1.4050/65, 1.4100, 1.4180/00
Market sentiment: long-term : bearish, mid-term : bullish, short-term : slightly bullish
AUDUSD
The Aussie dollar tries to rebound and now trades above earlier broken support at .7950. Upside barriers are emerging at .8000, .8030 and .8100. Intra-day sentiment is currently positive but .8030/50 may limit the upside on potential rallies. On the downside, a resume of yesterday's decline may extend to .7800 where important support is formed. Current quote is .7970 @06:00 GMT
Support levels: .8000, .7930 and .7840/50
Resistance levels: .8100, .8155/85, .8235 and .8260
Market sentiment: long-term : bearish, mid-term : bullish, short-term : slightly bullish
EURCHF
The euro continues to push on the downside against the swiss franc, currently trading by ~20 points below 1.5200 which is the first intra-day resistance. Intra-day momentum is bearish and important support is formed by 1.5145/50. Downside is slightly favored for now but extended pullbacks towards 1.5100 or below could trigger another SNB intervention against the franc. Current quote is 1.5178 @06:00 GMT
Support levels: 1.5140/50 and 1.5100
Resistance levels: 1.5230/35, 1.5285, 1.5325 and 1.5380/00
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bullish
Published on Fri, Jul 3 2009, 06:07 GMT
Archive
- Daily technical outlook
Published On Tue, Feb 9 2010, 06:59 GMT - Daily technical outlook
Published On Mon, Feb 8 2010, 07:24 GMT - Daily technical outlook
Published On Fri, Feb 5 2010, 05:56 GMT - Daily technical outlook
Published On Thu, Feb 4 2010, 07:16 GMT - Daily technical outlook
Published On Wed, Feb 3 2010, 07:17 GMT
InnerFX
| 10 Victoriei Blvd., Sibiu, 550024
http://www.innerfx.com | info@innerfx.com
Legal disclaimer and risk disclosure
InnerFX and/or its author(s) shall not be responsible for any loss arising from any investment or trading decision based on any recommendation, forecast, strategy or other information herein contained. The contents of this article should not be construed as an express or implied promise, guarantee or implication by InnerFX and/or its author(s) that readers and subscribers will profit from the strategies herein or that losses in connection therewith can or will be limited. Trades in accordance with the recommendations / strategy in an analysis, especially leveraged investments such as Foreign Exchange trading and investment in derivatives, can be very speculative and may result in losses as well as profits, in particular if the conditions mentioned in the analysis do not occur as anticipated. Trading in the Currency Exchange market is a challenging opportunity where above average returns are available to educated and experienced investors who are willing to take above average risk. Past performance does not guarantee similar performance in the future. Check http://www.innerfx.com/disclaimer for full disclaimer. You may not post this (or part of this) article to forums, newsgroups, mailing lists, electronic bulletin boards, websites, or other services, without the prior written consent of InnerFX.Related reports
U.S. Forex Market Commentary by GCI
Tue, Feb 9 2010, 22:21 GMT
USD lower pressured by Greek rescue hopes by Easy Forex
Tue, Feb 9 2010, 15:22 GMT
Euro is catching a breather on Tuesday by Wells Fargo Investments, LLC
Tue, Feb 9 2010, 14:54 GMT
Hopes of tackling budget deficit in Greece sap demand on refuges by ecPulse.com
Tue, Feb 9 2010, 14:49 GMT
Currency Majors Technical Perspective by FXstreet.com Independent Analyst Team
Tue, Feb 9 2010, 14:27 GMT
Related content
Australian February Westpac-MI consumer confidence index -2.6%
Forex Live | Tue, Feb 9 2010, 23:50 GMT
USD/JPY Current Price: 89.75
FXstreet.com | Tue, Feb 9 2010, 23:36 GMT
GBP/USD Current price: 1.5702
FXstreet.com | Tue, Feb 9 2010, 23:34 GMT
AUD has me a bit confused
Forex Live | Tue, Feb 9 2010, 23:32 GMT
EUR/USD Current price: 1.3792
FXstreet.com | Tue, Feb 9 2010, 23:31 GMT
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.
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.
©2010 "FXstreet.com. The Forex Market" All Rights Reserved.
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.
©2010 "FXstreet.com. The Forex Market" All Rights Reserved.