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Technical Analysis

EURUSD Technical Analysis for August 06, 2013

06 Aug 2013 @ 14:51
The EURUSD continues at a very crucial for the development of its trend. For now, we can not say with certainty what their current general trend is. The EURUSD continues to consolidate above the 200 day moving average and above the support at the 1.3200 level. If this pair managed to break the resistance level […]
 

Daily Trading Forecasts for August 5, 2013

05 Aug 2013 @ 16:28
The reversals that happened last week have resulted in new signals in most cases. The EURUSD has continued its bullish journey. EURUSD: The bearish threats that happened on the EURUSD last week did not succeed in pushing the price below the support line of 1.3200. From the point of ‘nearly resulting in a bearish confirmation,’ […]
 

USDJPY Technical Analysis for August 05, 2013

05 Aug 2013 @ 12:50
The USDJPY has no clear trend in this chart and it is likely that this week is very crucial for the development of the general trend of this pair. The USDJPY is trying to consolidate above support at 98.64 level and now this pair is forming a lower high pattern. Is likely that the USDJPY […]
 

Weekly Trading Signals – August 3, 2013

03 Aug 2013 @ 18:40
GBPUSD: Sell There is now a bearish signal on the Cable, following the Bearish Confirmation Pattern that has occurred on the chart since Tuesday 2013. The price has gone below the EMA 21 and the RSI period 14 is below the level 50. With some informed chart analysis, it could be said that the price […]
 

Weekly Currency Roundup – Positive week for USA sees Dollar strengthen

02 Aug 2013 @ 19:16
Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]
 

EURUSD Technical Analysis for August 01, 2013

01 Aug 2013 @ 14:44
The EURUSD continues forming bullish patterns and for now, this pair is very strong in the current bullish trend. The ERUSUD is forming a lower high pattern below the resistance level 1.3299. If the pair manages to break that level, it is expected to climb to the 1.3400 psychological level. We should note that the […]
 

USDJPY Technical Analysis for July 31, 2013

31 Jul 2013 @ 10:34
USDJPY stays in a range that will produce many irregular movements, to which we must be vigilant. The USDJPY is forming a higher low pattern, above the 200 day moving average and above the support at the 97.53 level. If the pair manages to break that level, it is expected to fall to the level […]
 

ACTA Doesn’t Look Sexy

30 Jul 2013 @ 14:33
ACTA shares (LSE:ACTA) do not look attractive right now, and the best option is to stay away from the market until a clear bias is formed. The market is currently in an equilibrium phase and there no significant victory between the bulls and the bears. The ADX line is below the level 20, showing a […]
 

Sefton Resources, Indicators Are Screaming: “BUY!”

30 Jul 2013 @ 14:24
The indicators on Sefton Resources (LSE:SER) are screaming out in what is another buying opportunity of a lifetime. In the recent bear market, the price has largely moved sideways from March 2013 until the latter part of the month of July 2013. It is known that the stock is very cheap right now. From the […]
 

Weekly Trading Forecasts (July 29 – August 2, 2013)

29 Jul 2013 @ 18:14
In the last several trading days, we can see that the GBP, the CHF, and the EUR have continued showing strength, while the USD has continued to be weakened against them. The JPY pairs are also showing signs of noteworthy pullbacks, following their testing of major supply levels. The more overextended and protracted the current […]
 
 
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