Strong rise in USD/CAD and 1.0266 reached a fresh daily high but moved to U.S. data 1.0215. Despite from daily highs, the greenback still up for the day is currently trading at 1.0230 / 35, 0.35% above today opening price. The Loonie deleted yesterday's gains when it fell to 1.0152, one beat 1 weeks low.
Showing posts with label Forex:. Show all posts
Showing posts with label Forex:. Show all posts
Saturday, March 12, 2011
Friday, November 12, 2010
Forex: EUR/USD withdrawal from 1.3950 cover low 1.3805
FXstreet.com (Barcelona) - which has EUR on risk aversion prior to release of the United States advanced GDP figures hammered been, and withdrawal from 1.3950 highly extended lower low so far nearly 150 pips on Asian session to session 1.3805.
1.3775 (Intra day level) and 1.3735 is immediate support 1.3795 / 00 (intra day support levels), and down here, (October 27 low) .Widerstandsstufen lie on upside risks come to 1.3875 (intra day level) and above here 1.3900 (weekly pivot point) and above here, 1.3950 (session high).
On a broader perspective, the pair trade halfway is trough of the 1.3700 / 1.4080 range, says Peter rose coating, technical analyst at ACM - advanced currency markets: "concluded range trading environment between 1.3700 and 1.4080 bleibt.Die high yesterday 1.3951 (1 PIP clear our objective for longs), and despite a retracement lower 1.3850 levels, we are still very much in mid range territory (and therefore not really attractive levels for fresh trade entry only nor introduction)."
1.3775 (Intra day level) and 1.3735 is immediate support 1.3795 / 00 (intra day support levels), and down here, (October 27 low) .Widerstandsstufen lie on upside risks come to 1.3875 (intra day level) and above here 1.3900 (weekly pivot point) and above here, 1.3950 (session high).
On a broader perspective, the pair trade halfway is trough of the 1.3700 / 1.4080 range, says Peter rose coating, technical analyst at ACM - advanced currency markets: "concluded range trading environment between 1.3700 and 1.4080 bleibt.Die high yesterday 1.3951 (1 PIP clear our objective for longs), and despite a retracement lower 1.3850 levels, we are still very much in mid range territory (and therefore not really attractive levels for fresh trade entry only nor introduction)."
EUR/USD
Wednesday, November 10, 2010
Forex: GBP/USD fails at 1.5900 and makes it easier to 1.5830 area
GDP in the third quarter and recovering 1.5650 low on Monday as accelerated above 1, 5750/70 resistance levels increased FXstreet.com (Barcelona) - the pound strongly about the European session, fueled by a larger than expected growth in UK to reach 1.5900 high, where the couple before pulling back to 1.5830 area limited.
Below 1.5830 support area which could pair its correction, Valeria Bednarik, technical analyst at FXstreet.com speed, says: "with indicators both 1 and 4-hour charts, favouring exhausted corrected current bearish movement, still support use around 1.5830;""level find this istunterhalb they expect more downside pressure."
Next levels of support below 1.5830, upside risks are 1.5800 and 1.5770 according to Bednarik.Mit tainted are resistance levels 1.5880, 1.5920 and 1.5960.
Below 1.5830 support area which could pair its correction, Valeria Bednarik, technical analyst at FXstreet.com speed, says: "with indicators both 1 and 4-hour charts, favouring exhausted corrected current bearish movement, still support use around 1.5830;""level find this istunterhalb they expect more downside pressure."
Next levels of support below 1.5830, upside risks are 1.5800 and 1.5770 according to Bednarik.Mit tainted are resistance levels 1.5880, 1.5920 and 1.5960.
GBP/USD
Monday, November 8, 2010
Forex: CHF falls across the Board
The Swiss franc fell further down the line and is the worst performer so far on Tuesday in majors. USD/CHF jumped on 0.9848 which reaches highest level since 28. Since the European session, the couple has risen more than 120 pips. At present quotes 0.9833 that represents a daily receive 1.25%.
GBP/CHF shot over 300 PIPs in the last 3 Stunden.Die upside risks triggered high of 1.5622 by better than expected UK GDP data and the couple jumped from 1.5292.
EUR/CHF 1.3540 zone helps found during the Asian session and broke opening profits to European hours, the upside, extending to Wall Street. euro reached a fresh daily high 1.3660 hardly below on Monday of high bordering the 1.3670.
GBP/CHF shot over 300 PIPs in the last 3 Stunden.Die upside risks triggered high of 1.5622 by better than expected UK GDP data and the couple jumped from 1.5292.
EUR/CHF 1.3540 zone helps found during the Asian session and broke opening profits to European hours, the upside, extending to Wall Street. euro reached a fresh daily high 1.3660 hardly below on Monday of high bordering the 1.3670.
GBP CHFUSD CHFEUR/CHF
Forex: AUD/USD rebounds from 0.9830
Having tested 0.9970 area Monday, Australian dollar today momentum lost and it struck an intraday low of 0.9830, after Wall Street negative tone and gold prices, again $1330 / oz today tested. However, U.S. indices had hardly positive over the last hour with DJIA up 3 points and S & P 0.04% positive, turned during gold to around $1340 returned the daily opening, favouring a bearish corrective rally in AUD/USD that actually floats to 0.9860.
Pair has been towards parity earlier this week on boosted up beat comments from RBA's Governor Glenn Stevens, on the Outlook for the country economy. the couple was not able to overcome parity after pair almost added full 13 cents in the last 2 months.Immediate support for the cross on the 0.9823 last Monday is low, followed by 0.9750 price zone, where price, suspended several times in the past had to 2 Wochen.Um upside, resistance now at 0.9890, strong Friday roof, later followed by 0.9930 price zone.
Pair has been towards parity earlier this week on boosted up beat comments from RBA's Governor Glenn Stevens, on the Outlook for the country economy. the couple was not able to overcome parity after pair almost added full 13 cents in the last 2 months.Immediate support for the cross on the 0.9823 last Monday is low, followed by 0.9750 price zone, where price, suspended several times in the past had to 2 Wochen.Um upside, resistance now at 0.9890, strong Friday roof, later followed by 0.9930 price zone.
AUD/USDEUR/USD
Sunday, November 7, 2010
Forex: GBP/USD above 1.5770 approaching 1.5800
FXstreet.com (Barcelona) - the pound builds momentum before the European session opening and the couple has 1.5770 above - yesterday's high and weekly pivot point - expand your recovery from 1.5650 support area, expressed so far to reach 1.5790 high.
If the pair managed above 1.57790 (October 25 high), next resistance levels could confirm 1.5830 (daily pivot point R2) and 1.5880 (Oct 20 high) .look of the flip side, levels of support to the 1.5685 / 90 (October 21 low/session low), and down here 1.5650 (October 22/22/25 low) and 1.5610 (daily pivot point S2).
GBP/JPY area on mid-September added decline from 135.00 yesterday a fresh 20 month low on the 126.45, and have adopted to achieve the above 127.00, 127.50 high before the European meeting on Asian session.
If the pair managed above 1.57790 (October 25 high), next resistance levels could confirm 1.5830 (daily pivot point R2) and 1.5880 (Oct 20 high) .look of the flip side, levels of support to the 1.5685 / 90 (October 21 low/session low), and down here 1.5650 (October 22/22/25 low) and 1.5610 (daily pivot point S2).
GBP/JPY area on mid-September added decline from 135.00 yesterday a fresh 20 month low on the 126.45, and have adopted to achieve the above 127.00, 127.50 high before the European meeting on Asian session.
USDGBP/GBP/JPY
Friday, November 5, 2010
Forex: Euro and pounds take-off data positive
FXstreet.com (Barcelona) - euro and pound pull back from the day heights were included have and both currencies have against the dollar on better than expected U.S. consumer confidence and Richmond Fed manufacturing numbers bounced.
GBP/USD withdrawal from high 1.5900 session has been incorporated to the 1.5825, and the pair bounced after the U.S. data 1.5875, achieving during 1.3980 1.3850 day low to a level below 1.3900 rebound EUR/USD decline in bottom.
U.S. consumer confidence has improved index to 50.2 in October 48,5 in September, market expectations hit a milder improvement to 49.5 and Richmond Fed manufacturing index was 0, improved around 5 in October by a level 2 in September again above the level expected from the markets.
GBP/USD withdrawal from high 1.5900 session has been incorporated to the 1.5825, and the pair bounced after the U.S. data 1.5875, achieving during 1.3980 1.3850 day low to a level below 1.3900 rebound EUR/USD decline in bottom.
U.S. consumer confidence has improved index to 50.2 in October 48,5 in September, market expectations hit a milder improvement to 49.5 and Richmond Fed manufacturing index was 0, improved around 5 in October by a level 2 in September again above the level expected from the markets.
USDGBP/EUR/USD
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