Technical Analysis on FXone - page 5
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Pre EU Open Analysis (FxPro)
2011-06-24
EUR/USD INTRADAY: REBOUND.
Pivot: 1.4190.
Most Likely Scenario: LONG positions above 1.419 with 1.43 & 1.4345 in sight.
Alternative scenario: The downside penetration of 1.419 will call for 1.4125 & 1.407.
Comment: The pair has broken above its declining trend line and is approaching its resistance, the RSI is well directed.
Trend: ST Ltd Upside; MT Range... see full article
FXone
EUR/USD: Daily Outlook (Trend Recognition)
2011-06-24
EURUSD: 1.4243
Very Short-Term Trend: weak downtrend
Outlook: EUR declined sharply to 1.4125 yesterday but then recovered sharply as well as the U.S. stock market rallied at the close. Now, the hourly focus is still neutral to negative... read full article
Market Snapshot (X-Trade Brokers)
2011-06-24
Poor data and the Chinese PM
It seems to be evident that the slowdown in a recovery is not limited to the United States. PMI indices, especially those describing tendencies in industries, fell decisively in June both in China and the euro zone, confirming that high commodity prices place hurdles to growth around the globe. With the Fed admitting that it might not be able to help the economy this time around, investors are left to wonder if the soft-patch will be short lived or will turn into a longer stall, affecting corporate results... read full article
Today's Gold Forecast (ForexMillion)
2011-06-24
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 1515 and then 1494.
An uptrend will start as soon as the pair... read full article
Pre US Open Analysis (FxPro)
2011-06-24
EUR/USD INTRADAY: FURTHER ADVANCE.
Pivot: 1.423
Most Likely Scenario: Long positions above 1.423 with targets @ 1.4345 & 1.438 in extension.
Alternative scenario: Below 1.423 look for further downside with 1.419 & 1.4125 as targets.
Comment: The RSI is bullish and calls for further advance... read full article
Major Currency Pairs (Deltastock)
2011-06-24
EUR/USD is in a consolidation after the recent top at 1.4941 (May 4th, 2011). Technical indicators are descending and trading is situated between the 50- and 200-Day SMA, currently projected at 1.4311 and 1.3636.... full analysis
USDJPY: The pair is in an uptrend from 76.67 low. Trading is situated below the 50- and 200-day SMA, currently projected at 82.25 and 83.95.... full analysis
GBPUSD: The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.6090 and 1.5715... full analysis
Gold Drops Slightly After Nearly Monthly High (Fx-insights)
2011-06-24
Gold is looking to turn around as the US and Europe debt crisis continues demand. Earlier in the week, gold crept close to monthly highs, before dropping slightly down later in the week. Continuing uncertainty in the economy will play heavily on the price of gold... read more
Intraday Snapshot (FxPro)
2011-06-24
EUR/USD
The corrective recovery off 1.4125 is tackling resistance at 1.4285. However, with layers of resistance looming at 1.4330 and 1.4360, scope for corrective gains are limited. Wednesday's bull failure high at 1.4442 continues to dominate the daily chart and Thursday's low at 1.4125 remains vulnerable, which will become the focus on a break below 1.4195... read article