http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/05/24/Market Review - 23/05/2013 22:58GMT Yen rallies after weak Chinese data and plunge in the Nikkei boost risk aversion The Japanese yen rallied after reaching a fresh 4-1/2 year low yesterday after weaker-than-expected Chinese data and selloff in Japanese stocks boosted risk aversion. The yen was also supported due to the jump in 10-year Japanese government bond yields, which rose to 1%, the highest in a year. China HSBC flash manufacturing PMI dropped to 49.6 in May from 50.4 previously.Fri, 24 May 2013 01:35:03 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/05/24/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/05/23/MarketReview - 22/05/2013 23:02GMT Dollar rallies broadly on Bernanke's hawkish comments The greenback surged against majority of its peerson Wednesday after Fed Chairman Ben Bernanke hinted at possibilities of thecentral bank slowing its bond purchases. Initially, dollar briefly droppedacross the board after Bernanke said monetary stimulus is helping the U.S.economy recovery.  Fed's Bernanke testified on Capitol Hill and said'U.S. monetary policy providing significant benefits, prematureThu, 23 May 2013 02:04:35 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/05/23/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/05/22/Market Review - 21/05/2013 21:50GMT Dollar retreats broadly on Fed Bullard's comments The greenback pared early gains against majority of its peers ahead of Fed Chairman Ben Bernanke's testimony in Congress on Wednesday after St. Louis Fed President James Bullard dented hopes that the Fed might taper its bond purchases anytime soon. Fed's Bullard said 'asset buying is best policy option for central banks when interest rates near zero; Fed should continue QE, adjusting pace of bond buyingWed, 22 May 2013 02:43:33 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/05/22/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/04/01/    DAILY USD/JPY OUTLOOK - 94.27 31 Mar 2013 23:56GMT Dlr is expected to 'gyrate' inside the sideways range seen in last few session following the strg bounce fm a last Mon's 2-week low of 93.53 to 94.91 n as long as near term good sup at 93.88/91 holds, marginal gain to 94.50/60 is likely b4 retreat. Sell on intra-day rise n exit on decline as below 93.88 needed to re-test 93.53. Abv 94.91, 95.30/40. STRATEGY : Sell at 94.50 OBJECTIVE : 93.90 STOP-LOSS : 94.80 RES : 94.53 / 94.91 /Mon, 01 Apr 2013 01:55:26 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/04/01/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/21/    DAILY USD/JPY OUTLOOK - 95.77 21 Mar 2013       06:20GMT Despite dlr's resumption of near term upmove fm 94.07 (Mon) to 96.16 y'day, intra-day retreat due to cross unwinding in yen suggests downside bias remains n below 95.38 wud signal further 'choppy' consolidation below 96.71 top wud continue, 94.72. In view of said st risk, exit long as a daily close abv 96.28 needed to re-test 96.71 peak later. STRATEGY : Exit long POSITION : Long at 95.80 RES : 96.13 / 96.71Thu, 21 Mar 2013 06:37:46 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/21/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/19/    DAILY USD/CHF OUTLOOK - 0.9465 19 Mar 2013                   06:59GMT Y'day's cross-induced brief rise to 0.9488 in Europe signals correction fm last Thur's 6-month  peak at 0.9567 ended at 0.9380 (Fri) n as long as sup area at 0.9417/24 holds, upside bias remains but abv 0.9509 needed to extend to 0.9530/40 later.  Hold long for this move n only below said sup may risk re-test of 0.9380, break risksTue, 19 Mar 2013 07:24:05 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/19/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/15/DAILY EUR/USD OUTLOOK - 1.3005 15 Mar 2013                       01:01GMT Despite y'day's resumption of MT fall fm 1.3711 (Feb) to a fresh 3-month trough of 1.2911 (NY), subsequent rally back to 1.3033 due to 'broad-based' usd's weakness signals temp. low is made n few days of consolidation with upside bias is envisaged.  Turn long on dips n only below 1.2944 risks retest of 1.2911 but sup 1.2876 shud remain intact. Fri, 15 Mar 2013 01:52:22 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/15/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/13/   DAILY USD/JPY OUTLOOK - 95.88 12 Mar 2013             22:42GMT Dlr's cross-induced fall fm a fresh 3-1/2 year peak of 96.71 (AUS) to 95.63 y'day signals a temp. top is possibly made n 1-2 days of consolidation  with downside bias is expected, a daily close below  95.50 wud extend weakness to 95.10, then twd 94.77.  Lower short entry for this move n only abv 96.27  risks stronger gain but said res shud remain intact. Wed, 13 Mar 2013 03:29:19 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/13/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/07/DAILY TECHNICAL OUTLOOK ON USD/JPY   Last Update At   07 Mar 2013 00:01GMT  Trend Daily Chart   Up  Daily Indicators Turning down 21 HR EMA 93.69 55 HR EMA   93.45  Trend Hourly Chart   Near term up  Hourly Indicators Rising 13 HR RSI   72  14 HR DMI +ve Daily Analysis Consolidation with upside bias Resistance   94.99 - 2010 high (May) 94.77 - Last Mon's 33-month high 94.11 - Y'day's high Support   93.73 - Mon's high 93.52 -Thu, 07 Mar 2013 09:16:15 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/07/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/06/DAILY USD/JPY OUTLOOK - 93.29 06 Mar 2013              08:10GMT Although dlr has risen on renewed cross-selling in yen after y'day's intra-day retreat fm 93.54 to 92.92, abv Mon's 93.73 high is needed to signal correction fm last Mon's 33-month peak at 94.77 over n extend erratic rise fm 90.85 to 94.14. Below 92.92 wud prolong recent 'choppy' trading n yield stronger retrace. to 92.44. Stand aside. STRATEGY : Stand aside RES : 93.73 / 94.14 / 94.77 SUP :Wed, 06 Mar 2013 09:13:39 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/06/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/05/DAILY TECHNICAL OUTLOOK ON GBP/USD 05 Mar 2013 01:03GMT Trend Daily Chart Down Daily Indicators Falling 21 HR EMA 1.5085 55 HR EMA 1.086 Trend Hourly Chart Sideways Hourly Indicators Rising 13 HR RSI 69 14 HR DMI +ve Daily Analysis Consolidation with mild upside bias Resistance 1.5223 - Last Thur's high 1.5186 - Last Fri's high 1.5148 - Last Thur's low Support 1.5073 -Last Mon's low 1.5000 - Y'day's European low  1.4985 - Last Fri's low . GBP/USD - 1.5125.. Despite cable's brief but sharpTue, 05 Mar 2013 09:12:20 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/03/05/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/28/DAILY TECHNICAL OUTLOOK ON USD/JPY Last Update At 28 Feb 2013 00:05GMT Trend Daily Chart Up Daily Indicators Turning down 21 HR EMA 92.01 55 HR EMA 92.18 Trend Hourly Chart Near term down Hourly Indicators Rising 13 HR RSI 62 14 HR DMI +ve Daily Analysis Marginal rise b4 retreat Resistance 94.18 - Y'day's NY high 93.52 - Last Fri's high 92.75 - Tue's high Support 91.93 - Minor hourly res 91.11 - Tue's low 90.85 - Mon's low USD/JPY - 92.56.. The greenback 'gyrated' wildly inside near termThu, 28 Feb 2013 01:18:19 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/28/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/25/02/DAILY TECHNICAL OUTLOOK ON USD/JPY Last Update At 25 Feb 2013 00:00GMT Trend Daily Chart Up Daily Indicators Turning down 21 HR EMA 93.58 55 HR EMA 93.44 Trend Hourly Chart Up Hourly Indicators Easing fm o/bot 13 HR RSI 69 14 HR DMI +ve Daily Analysis Resumption of uptrend Resistance 95.42 - 50% proj. of 88.06-94.46 fm 92.22 94.99 - 2010 peak (May 04) 94.77 - Intra-day high in NZ Support 94.05 - Last Thur's Wed's high 93.52 - Last Fri's high 92.77 - Last Thur's low USD/JPY - 94.10.. DespiteMon, 25 Feb 2013 02:14:22 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/25/02/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/22/02/Market Review - 21/02/2013 21:41GMT Euro falls to 6-week low on disappointing eurozone and German PMI data The single currency tanked across the board and weakened to a fresh 6-week low versus usd on Thursday as the PMI surveys showed the manufacturing and services sectors in eurozone and Germany contracted at a faster pace than the economists' expectations, indicating the economy in eurozone is struggling. Earlier in Asia, the single currency edged lower from 1.3288 shortly after Asian openFri, 22 Feb 2013 03:20:49 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/22/02/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/20/02/DAILY USD/CAD OUTLOOK - 1.0117 20 Feb 2013          08:11GMT Usd's rise to 1.0138 y'day signals MT uptrend fm 0.9633 (Sep '12) remains in force n further gain to our indicated obj. is seen b4 correction occurs.  Buy on dips n only below 1.0058 wud indicate a temp. top is made n risk retrace. twd 1.0025. STRATEGY : Buy at 1.0100 OBJECTIVE : 1.0175 STOP-LOSS : 1.0065 RES : 1.0138/1.0217/1.0251 SUP : 1.0088/1.0058/1.0025Wed, 20 Feb 2013 08:51:14 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/20/02/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/18/DAILY TECHNICAL OUTLOOK ON USD/JPY Last Update At 17 Feb 2013 23:43GMT Trend Daily Chart Up Daily Indicators Rising 21 HR EMA 93.34 55 HR EMA 93.23 Trend Hourly Chart Near term up Hourly Indicators Rising 13 HR RSI 62 14 HR DMI +ve Daily Analysis Consolidation with upside bias Resistance 94.99 - May 04/05 2010 High 94.46 - Last Mon's high 94.07 - Feb 06 high Support 93.31 - Hourly chart 93.12 - Last Fri's Asian high 92.79 - European morning high USD/JPY - 93.95 ... The pair took centre stageMon, 18 Feb 2013 01:09:03 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/18/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/15/DAILY TECHNICAL OUTLOOK ON USD/JPY Last Update At 14 Feb 2013 23:38GMT Trend Daily Chart Up Daily Indicators Rising 21 HR EMA 93.14 55 HR EMA 93.30 Trend Hourly Chart Near term down Hourly Indicators Falling 13 HR RSI 39 14 HR DMI -ve Daily Analysis Consolidation with downside bias Resistance 93.78 - Wed's high 93.47 - Hourly chart 93.14 - Y'day's Asian low Support 92.67 - Y'day's low 92.37 - Mon's low (AUS) 92.17 - Last Fri's low USD/JPY - 92.77 ...The pair continued to fluctuate wildly inFri, 15 Feb 2013 01:22:23 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/15/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/14/DAILY TECHNICAL OUTLOOK ON USD/JPY Last Update At 14 Feb 2013 00:28GMT Trend Daily Chart Up Daily Indicators Rising 21 HR EMA 93.38 55 HR EMA 93.42 Trend Hourly Chart Sideways Hourly Indicators Sideways 13 HR RSI 42 14 HR DMI -ve Daily Analysis Consolidation with downside bias Resistance 94.46 - Mon's near 3-year high 94.07 - Last Wed's high 93.78 - Y'day's high Support 92.83 - Y'day's low 92.37 - Mon's low (AUS) 92.17 - Last Fri's low USD/JPY - 93.49... Although dlr came under renewed sellingThu, 14 Feb 2013 01:40:12 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/14/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/12/Market Review - 11/02/2013 19:19GMT Euro rises as ECB's Weidmann denies talk of intervention The single currency advanced on Monday as the European Central Bank council member Jens Weidmann said the euro currency was not overvalued and dismissed market talk of intervening the market. Although euro dropped briefly below Friday's low at 1.3353 to 1.3330 at New Zealand open, the pair edged higher in thin Asia session as only Australia and New Zealand were opened and price then rose to 1.3391Tue, 12 Feb 2013 02:47:22 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/12/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/07/Market Review - 06/02/2013 18:56GMT Euro tanks ahead of ECB meeting The single currency fell sharply on Wednesday as investors were cautious ahead of the European Central Bank meeting on Thursday as ECB President Mario Draghi may raise concerns about the high level of euro currency. Although the single currency rose briefly to 1.3597 in Asian morning, selling interest below Tuesday's high at 1.3598 capped euro's upside and price fell sharply to 1.3513 in Europe and then 1.3493 in New YorkThu, 07 Feb 2013 02:19:48 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/07/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/06/03/Market Review -    05/02/2013    21:03 GMT Euro rises on upbeat eurozone and German data The single currency advanced against other currencies on Tuesday as strong eurozone and German service PMI fuelled expectations that the European Central bank will keep its monetary policy steady at the meeting on Thursday. The single currency extended Monday's decline in Asia and hit a low of 1.3458 in European morning, the pair rose strongly to 1.3569 due to the strong eurozone andWed, 06 Feb 2013 06:48:43 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/06/03/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/06/Market Review - 05/02/2013     21:03 GMT Euro rises on upbeat eurozone and German data The single currency advanced against other currencies on Tuesday as strong eurozone and German service PMI fuelled expectations that the European Central bank will keep its monetary policy steady at the meeting on Thursday. The single currency extended Monday's decline in Asia and hit a low of 1.3458 in European morning, the pair rose strongly to 1.3569 due to the strong eurozone and German serviceWed, 06 Feb 2013 02:17:37 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/02/06/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/31/DAILY TECHNICAL OUTLOOK ON USD/CHF Last Update At 31 Jan 2013 00:42GMT Trend Daily Chart Sideways Daily Indicators Turning down 21 HR EMA 0.9146 55 HR EMA 0.9193 Trend Hourly Chart Down Hourly Indicators Rising fm o/s 13 HR RSI 22 14 HR DMI -ve Daily Analysis Consolidation b4 decline resumes Resistance 0.9226 - Y'day's high 0.9194 - Tue's NY low, now res 0.9140 - Hourly chart Support 0.9094 - Y'day's low 0.9076 - Jan 02 low 0.9003 - Apr 02 2012 low USD/CHF - 0.9110... Despite dlr's sidewaysThu, 31 Jan 2013 07:28:12 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/31/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/29/03/DAILY TECHNICAL OUTLOOK ON EUR/USD Last Update At 29 Jan 2013 00:17GMT Trend Daily Chart Up Daily Indicators Bearish divergences 21 HR EMA 1.3451 55 HR EMA 1.3430 Trend Hourly Chart Up Hourly Indicators Turning down 13 HR RSI 48 14 HR DMI -ve Daily Analysis Consolidation b4 'marginal' rise Resistance 1.3550 - Dec 02 201 high 1.3500 - Psychological n option barrier 1.3480 - Last Fri's high Support 1.3425 - Y'day's low 1.3404 - Jan 14 high 1.3349 - Last Fri's low EUR/USD  - 1.3442..Tue, 29 Jan 2013 08:15:52 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/29/03/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/28/02/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 28 Jan 2013 00:44GMT Trend Daily Chart Down Daily Indicators Falling 21 HR EMA 1.5789 55 HR EMA 1.5803 Trend Hourly Chart Sideways Hourly Indicators Bullish convergences 13 HR RSI 45 14 HR DMI -ve Daily Analysis Consolidation with a neutral bias Resistance 1.5892 - Wed's high 1.5852 - Last Thur's high 1.5827 - Last Fri's low Support 1.5755 - Last Fri's low 1.5702 - 1.236 ext. of 1.6380-1.5992 fm 1.6182 1.5672 - 61.8% r of 1.5234-1.6380 GBP/USDMon, 28 Jan 2013 07:35:47 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/28/02/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/28/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 28 Jan 2013 00:44GMT Trend Daily Chart Down Daily Indicators Falling 21 HR EMA 1.5789 55 HR EMA 1.5803 Trend Hourly Chart Sideways Hourly Indicators Bullish convergences 13 HR RSI 45 14 HR DMI -ve Daily Analysis Consolidation with a neutral bias Resistance 1.5892 - Wed's high 1.5852 - Last Thur's high 1.5827 - Last Fri's low Support 1.5755 - Last Fri's low 1.5702 - 1.236 ext. of 1.6380-1.5992 fm 1.6182 1.5672 - 61.8% r of 1.5234-1.6380 GBP/USDMon, 28 Jan 2013 01:25:50 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/28/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/24/DAILY TECHNICAL OUTLOOK ON EUR/USD Last Update At 24 Jan 2013 00:03GMT Trend Daily Chart Up Daily Indicators Bearish divergences 21 HR EMA 1.3316 55 HR EMA 1.3319 Trend Hourly Chart Sideways Hourly Indicators Neutral 13 HR RSI 47 14 HR DMI 0 Daily Analysis 'Choppy' trading to continue Resistance 1.3404 - Last Mon's high 1.3372 - Tue's res 1.3355 - Y'day's high Support 1.3264 - Y'day's low 1.3257 - Thur's low 1.3201 - 50% r of 1.2998-1.3404 EUR/USD - 1.3332 ... The single currency went throughThu, 24 Jan 2013 07:38:52 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/24/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/23/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 23 Jan 2013 00:37GMT Trend Daily Chart Down Daily Indicators Oversold 21 HR EMA 1.5847 55 HR EMA 1.5867 Trend Hourly Chart Down Hourly Indicators Bullish convergences 13 HR RSI 40 14 HR DMI -ve Daily Analysis Consolidation with mild upside bias Resistance 1.5997 - Last Fri's hourly res 1.5956 - Last Thur's low 1.5893 - Mon's high Support 1.5819 - Hourly chart 1.5807 - Mon's low 1.5778 - Jun 20 high GBP/USD - 1.5842 ... The British pound alsoWed, 23 Jan 2013 01:13:58 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/23/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/21/DAILY TECHNICAL OUTLOOK ON EUR/USD Last Update At 21 Jan 2013 00:05GMT Trend Daily Chart Up Daily Indicators Bearish divergences 21 HR EMA 1.3329 55 HR EMA 1.3333 Trend Hourly Chart Sideways Hourly Indicators Falling 13 HR RSI 43 14 HR DMI -ve Daily Analysis Choppy trading to continue Resistance 1.3404 - Last Mon's high 1.3371 - Last Fri's NY high 1.3335 - Last Fri's NY res Support 1.3280 - Last Fri's NY sup 1.3257 - Thur's low 1.3201 - 50% r of 1.2998-1.3404 EUR/USD - 1.3319 ... The singleMon, 21 Jan 2013 01:24:18 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/21/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/17/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 17 Jan 2013 00:17GMT Trend Daily Chart Sideways Daily Indicators Turning down 21 HR EMA 1.6013 55 HR EMA 1.6141 Trend Hourly Chart Near term down Hourly Indicators Rising fm o/sold 13 HR RSI 40 14 HR DMI -ve Daily Analysis Consolidation b4 one more fall Resistance 1.6102 - Tue's NY high 1.6080 - Y'day's high 1.6054 - Hourly res Support 1.5975 - Y'day's low 1.5962 - Nov 28 low 1.5927 - Nov 27 low GBP/USD - 1.5985 ... The pound also fluctuatedThu, 17 Jan 2013 07:55:33 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/17/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/15/Market Review - 14/01/2013 23:20 All times in GMT Dollar retreats from 30-month high against yen on profit-taking The greenback retreated from 30-month high against the Japanese yen on Tuesday on profit-taking amid speculation that the Bank of Japan is likely to ease monetary policy more aggressively in near future. Versus the Japanese yen, the greenback extended recent upmove to a fresh 30-month high at 89.67 in Australia on speculation that the Bank of Japan will take aggressive measuresTue, 15 Jan 2013 07:37:17 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/15/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/11/Market Review - 10/01/2013 23:03 All times in GMT Euro rallies to 1-week high on no hint of ECB rate cut The single currency rose strongly to 1-week high of 1.3274 on Thursday as there is no hints of further rate cut by the European Central Bank in near future due to the hawkish comments from President Mario Draghi who said the European economy should recover gradually and the decision of keeping interest rate unchanged at 0.75% was unanimous. Euro traded above 1.3039 in Asian morning and thenFri, 11 Jan 2013 07:30:41 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/11/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/09/Market Review - 08/01/2013 19:04 All times in GMT Dlr/Yen retreats on long liquidation The greenback dropped sharply against yen on Tuesday as investors closed their long positions amid speculation that the Bank of Japan will ease its monetary policy in January. The single currency also fell as investors are awaiting the European Central Bank meeting on Thursday. Versus the Japanese yen, although the greenback extended recent decline to 87.23 in Australia, the pair rebounded to 87.81 in AsianWed, 09 Jan 2013 01:14:54 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/09/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/07/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 07 Jan 2013 00:40GMT Trend Daily Chart Sideways Daily Indicators Turning down 21 HR EMA 1.6066 55 HR EMA 1.6111 Trend Hourly Chart Down Hourly Indicators Rising fm o/sold 13 HR RSI 40 14 HR DMI -ve Daily Analysis Consolidation b4 decline resumes Resistance 1.6202 - Last Thur's Asian sup, now res 1.6145 - Jan 03 houlry sup 1.6099 - Hourly res Support 1.6003 - Dec 07 low 1.5962 - Nov 28 low 1.5920 - Nov 22 low . GBP/USD - 1.6054 ... The BritishMon, 07 Jan 2013 08:05:29 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/07/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/03/DAILY TECHNICAL OUTLOOK ON USD/CHF Last Update At 03 Jan 2013 01:19GMT Trend Daily Chart Down Daily Indicators Falling 21 HR EMA 0.9156 55 HR EMA 0.9145 Trend Hourly Chart Near term up Hourly Indicators Getting o/bot 13 HR RSI 62 14 HR DMI +ve Daily Analysis Consolidation with mild upside bias Resistance 0.9247 - Oct 14 high 0.9215 - Oct 17 low, now res 0.9200 - Y'day's high Support 0.9136 - Y'day's hourly res 0.9076 - Y'day's low 0.9043 - May 01 low . USD/CHF - 0.9178 ... The pair trackedThu, 03 Jan 2013 01:23:34 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2013/01/03/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/31/DAILY USD/JPY OUTLOOK Despite last Fri's gain to a fresh 28-month peak at 86.63 (Aus), subsequent retreat confirms MT rise fm 2011 record low of 75.32 has made a temp. top, 'choppy' consolidation wud be seen but as long as 85.25 sup holds, a rebound is still likely. Sell on recovery for retrace. to 85.35 or buy there for a bounce to 86.10 with 40 points stop. Resistance/Support R: 86.34 / 86.63 / 87.10 S: 85.59 / 85.25 / 84.96 Last Update at 30 Dec 2012 22:50 GMT Rate 85.79 Strategy 1.Sell atMon, 31 Dec 2012 02:39:19 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/31/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/27/DAILY GBP/USD OUTLOOK Cable has fallen after meeting renewed sellingat 1.6170, suggesting the recovery fm Mon's low of 1.6101 has possibly ended there n decline fm last week's near 3-month high of 1.6307 to retrace risefm Nov's 1.5828 low wud yield 1.6084 b4 rebound. Sell on marginal rise for weakness to 1.6100 or buy at 1.6090 for 1.6160, abv, 1.6202/07. Resistance/Support R: 1.6170/1.6207/1.6238 S: 1.6101/1.6084/1.6067 Last Update At 27 Dec 2012 07:21 GMT Rate 1.6146 Strategy 1.Sell at 1.6170Thu, 27 Dec 2012 07:32:35 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/27/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/24/02/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 24 Dec 2012 00:19GMT Trend Daily Chart Sideways Daily Indicators Easing fm o/bot 21 HR EMA 1.6193 55 HR EMA 1.6222 Trend Hourly Chart Near term down Hourly Indicators Oversold 13 HR RSI 32 14 HR DMI -ve Daily Analysis Consolidation with downside bias Resistance 1.6310 - Sep 21 high 1.6260 - Fri's European high 1.6238 - Last Thur's low, now res Support 1.6110 - Dec 14 NY low 1.6084 - Dec 13 low 1.6067 - 50% r of 1.5828-1.6307 . GBP/USD - 1.6152Mon, 24 Dec 2012 07:58:32 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/24/02/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/24/DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 24 Dec 2012 00:19GMT Trend Daily Chart Sideways Daily Indicators Easing fm o/bot 21 HR EMA 1.6193 55 HR EMA 1.6222 Trend Hourly Chart Near term down Hourly Indicators Oversold 13 HR RSI 32 14 HR DMI -ve Daily Analysis Consolidation with downside bias Resistance 1.6310 - Sep 21 high 1.6260 - Fri's European high 1.6238 - Last Thur's low, now res Support 1.6110 - Dec 14 NY low 1.6084 - Dec 13 low 1.6067 - 50% r of 1.5828-1.6307 . GBP/USD -Mon, 24 Dec 2012 02:36:24 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/24/http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/20/DAILY TECHNICAL OUTLOOK ON EUR/USD Last Update At 19 Dec 2012 23:53GMT Trend Daily Chart Up Daily Indicators Rising 21 HR EMA 1.3242 55 HR EMA 1.3216 Trend Hourly Chart Sideways Hourly Indicators Oversold 13 HR RSI 33 14 HR DMI -ve Daily Analysis Consolidation with downside bias Resistance 1.3308 - Y'day's high 1.3270 - Y'day's NY hourly res 1.3237 - Y'day's NY sup, now res Support 1.3188 - Today's intra-day low 1.3145 - Mon's low 1.3120 - Last Fri's European high . EUR/USD - 1.3213 ... TheThu, 20 Dec 2012 02:49:10 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2012/12/20/