Technical Analysis on FXone - page 46

 

The Swiss National Bank Takes Unprecedented Measures, Fx-insights

2011-09-06

In an unprecedented move the Swiss National Bank (SNB) has announced a commitment to set a base on the EURCHF exchange rate at 1.20. This is an unprecedented and strong effort to aggressively protect the economy from the effects of rapid Franc appreciation in recent years... read The Swiss National Bank Takes Unprecedented Measures

FXone website

FXone on Twitter

 

doing bad today

$chf movement got me a surprise, but I did not enter $audchf -- don't know how to read that rocket movement

then 2 buy on $euraud, I think I will get stuck with these 2 buy for long, now losing almost -180 virtual dollars for both

wanna to see whether $audchf continue to rise tomorrow

oil drop to 82 dollar, should we buy airline stock? now

 

Pre EU Open Analysis, FxPro

2011-09-07

EUR/USD INTRADAY: CAUTION.

Pivot: 1.4100.

Most Likely Scenario: SHORT positions @ 1.409 with targets @ 1.3975 & 1.393.

Alternative scenario: The upside penetration of 1.41 will call for a rebound towards 1.415 & 1.42.

Comment: The pair is rebounding but stands below its resistance, the RSI calls for caution.

Trend: ST Ltd Upside; MT Range... read Pre EU Open Analysis

FXone website

Twitter FXone

 

Morning Forex Overview‏, Dukascopy Bank

2011-09-07

FUNDAMENTAL MARKET OVERVIEW

EUR

European stocks tumbled on Tuesday for third consecutive day amid worries over the sovereign debt crisis and the Eurozone economic recovery. Yields on 2 and 10 year Greece's government bonds rose to records the same day.

USD

U.S. non manufacturing index expanded to 53.3 in August, up from 52.7 in July, the Institute for Supply Management said on Tuesday, easing concern the largest economy in the world may enter into recession. Reading above 50.0 indicates industry expansion... read Morning Forex Overview

FXone website

Twitter FXone

 

Today's EUR/USD Forecast, ForexMillion

2011-09-07

The pair is trading along an downtrend.

The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.3965 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.3775... read Today's EUR/USD Forecast

FXone website

Twitter FXone

 

Gold Hints at a Double Top Formation, Fx-insights

2011-09-07 10:15:00 CET

GOLD: Market price put in a Bearish Engulfing candlestick below resistance at $1909.75. This is the 76.4% Fibonacci extension level and is hinting a double top may be forming. Initial support is seen at $1870.14, the 61.8% Fib. The 76.4% level is near term resistance... read Gold Hints at a Double Top Formation

FXone website

Twitter FXone

 

Pre EU Open Analysis, FxPRo

2011-09-08

EUR/USD INTRADAY: UNDER PRESSURE.

Pivot: 1.4110.

Most Likely Scenario: SHORT positions @ 1.41 with 1.401 & 1.3975 in sight.

Alternative scenario: The upside penetration of 1.411 will call for a rebound towards 1.415 & 1.42.

Comment: The pair stands below its resistance and remains under pressure.

Trend: ST Ltd Upside; MT Bullish... read Pre EU Open Analysis

FXone website

FXone Twitter

 

Morning Forex Overview‏, Dukascopy Bank

2011-09-08

FUNDAMENTAL MARKET OVERVIEW

EUR

Jyrki Katainen, Prime Minister of Finland, told the country may not participate in second Greek bailout if the nation's demand for collateral in exchange for financial aid for Greece is not met. Such an outcome "remains a possibility," Katainen told reporters on Wednesday. "It depends on the collateral issue."... read Morning Forex Overview

FXone website

FXone Twitter

 

The Cable Looks Indecisive, Fx-insights

2011-09-08

The Cable was indecisive yesterday. The market made a Doji on daily chart. The forecast is neutral in the near term with a potential daily range between 1.6040 - 1.5910... read The Cable Looks Indecisive

FXone website

FXone Twitter

 

Today's Gold Forecast, ForexMillion

2011-09-08

The pair is trading along an uptrend.

The uptrend may be expected to continue in case the market rises above resistance level 1837, which will be followed by reaching resistance level 1872... read Today's Gold Forecast

FXone website

FXone Twitter

Reason: