16 May 2013 @ 14:58
The EURUSD continues to weaken and it is possible that we may see further downside in this pair, in the coming sessions. Last week, the EURUSD broke with great force the psychological support (now resistance) at 1.30, opening the way to fall to the next support level at 1.2770. This hypothesis had set last week […]
15 May 2013 @ 10:05
The cable has had a very bearish days, and it is quite possible that we may see stronger falls in the medium term for this pair, if the bearish continuation patterns are completed in the technical analysis. The GBPUSD is trying to break the support at the 1.5197level; that level has shown a lot of […]
14 May 2013 @ 15:10
The loonie found strong support near parity, then make a bullish rebound, trying to break a nearby resistance. The USDCAD is approaching the resistance level of 1.0127, after making a bullish rebound on the moving average of 200 and above the parity level at 1.0000. If the USDCAD breaks this resistance, it is very possible […]
14 May 2013 @ 10:05
The EURUSD is approaching a very important support, crucial for the overall development of the weekly trend in this pair. The EURUSD had a week’s start, slightly bearish, trying to break the support at the 1.2943 level. It is very possible that this pair is forming a higher low pattern to be able to break […]
10 May 2013 @ 11:18
Yesterday’s session was very bearish for the GBPUSD, approaching significant levels in the development of the general trend of this pair. The GBPUSD is trying to touch the support level at 1.5400, a very important in this pair, considering that in earlier days, the GBPUSD had difficulty to break this level and go higher. If […]
09 May 2013 @ 11:20
The USDJPY has had a week very slow in the forex market and is trying to define the general trend. The USDJPY still doesn’t break the resistance at the psychological level of 100.00, a very important because of its strength in recent weeks. Yet, still within the range of 99.45 and 96.41, any breach of […]
08 May 2013 @ 10:05
The GBPUSD has found strong resistance at the psychological level of 1.56, slowing its upward trend in the medium term. ¿Will this pair take up strength to continue in the bullish road or will begin a new bearish road? Just like that as I had said in previous articles, the GBPUSD quite possibly, would find […]
07 May 2013 @ 13:45
In yesterday’s session, the AUDUSD had a very bearish day, falling to strong support level at 1.0240. That support in the AUDUSD is a very important level, because there have slowed declines in recent days on the aussie and if this pair breaks that support, it is likely to see a fall below the psychological […]
06 May 2013 @ 10:10
The USDJPY has been unable to define its path, bullish or bearish on the daily chart and one should be aware of the moves that can be made this week, which can be very crucial in this pair. The USDJPY had little bullish movements last week, forming a bullish trend line that is serving as […]
06 May 2013 @ 10:05
Last week, the GBPUSD had slight movements that failed to overcome the barrier of 1.5600 level. Possibly GBPUSD is forming a lower high pattern to continue the climb but it is very difficult in the medium term due to the level of 1.5600, there is a very strong resistance supported by the 200 day moving […]
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