EUR/USD
Low volume day today!
Support from the current level of 1.4704 is seen at 1.4630 and resistance is today’s high at the 1.4800 zone.
If support is broken we could see 1.4450-1.45 reached.
If resistance is cleared then another test at 1.49 could be possible.
If 1.49 – 1.5 is broken then there would be no surprise if 1.53 is touched
|
GBP/USD
Just keeps dropping and dropping!
Now that the lower region of 1.82 has been found wouldn’t you think there should be some kind of correction?
We see support at 1.82 and if that is cleared then 1.78…wow!
If support is established then a short term resistance could be around 1.8550.
|
USD/CHF
With all this range trading going on a breakout is imminent.
As we look to be at the top of a channel the outlook looks bearish from current levels.
If there were to be a bull breakout then the 1.13-15 area looks to be the first stopping point.
As stated yesterday, bear moves could move back to previous support, now resistance, of 1.0575.
|
USD/JPY
Still ranging, no change in view.
|
|
|
|
GMT:
13:51 |
London:
13:51 |
Tokyo:
21:51 |
Sydney:
22:51 |
New York:
08:51
|
|
Recent articles:
|
in Fast Analysis
|
Wednesday,
10 September 2008,
00:00 GMT
Research
>
Forex - Fundamental research
A Light at the End of the Tunnel?
Windows were padlocked on Wall Street this weekend as market composites logged their worst weekly losses since the beginning of the year. Unemployment numbers came in uncomfortably higher than expected, sending markets into a freefall Thursday afternoon.
|
Wednesday,
27 August 2008,
21:08 GMT
Research
>
Forex - Technical research
Market Commentary / Analysis for August 27th 2008
After making a new 6 month low this week price retreated to find resistance around 1.4750 and touching the 61.8% retracement at 1.4775.
Based on trading through the rule of Fibonacci the bearish price target is around 1.
|
Tuesday,
26 August 2008,
20:45 GMT
Research
>
Forex - Technical research
Market Commentary / Analysis for August 26th 2008
In yesterday’s commentary we discussed the Euro falling to 1.4600 and below that there could be sharp reactions back to the upside, especially at 1.4500.
During the full trading day the Euro fell 180+ pips creating fresh 6 month lows then reports of a Hurricane took over driving Oil up by $5 – which drives down the buck.
|
Monday,
25 August 2008,
22:20 GMT
Research
>
Forex - Technical research
Market Commentary / Analysis for August 25th 2008
Happy Monday!
Welcome to the beginning of the trading week.
Last week’s movements created a short term trendline that was broken today and then came back up to it to find resistance.
|
Friday,
22 August 2008,
21:27 GMT
Research
>
Forex - Technical research
Market Commentary / Analysis for August 22th 2008
Oil??? Wheres it going??? Pivot levels 100-110-116-122!
|
Thursday,
21 August 2008,
22:17 GMT
Research
>
Forex - Technical research
Market Commentary / Analysis for August 21th 2008
Tomorrow is Bernanke day!!! His words could move markets bigtime tomorrow.
|
|
in other categories
|
Wednesday,
19 November 2008,
04:01 GMT
Research
>
Forex - Fundamental research
Fundamental Outlook
GCI Forex Research
The euro moved marginally lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2570 level and was capped around the $1.2685 level. Traders are closely watching congressional testimony from Federal Reserve Chairman Bernanke and Treasury Secretary Paulson today.
|
Tuesday,
18 November 2008,
06:29 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 18, 2008
GMT 06:07
EUR/USD
Today’s support: - 1.2577, 1.2532, 1.2490 and 1.2476(main), where correction is possible. Break would give 1.2453, where correction also may be.
|
Monday,
17 November 2008,
08:12 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 17, 2008
GMT 08:03
EUR/USD
Today’s support: - 1.2490 and 1.2476(main), where correction is possible. Break would give 1.2453, where correction also may be. Then follows 1.
|
Monday,
17 November 2008,
01:19 GMT
Research
>
Forex - Technical research
Weekly market recap
GCI Forex Research
The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.2385 level and was capped around the $1.2925 level. The pair lost about 115 pips last week. The U.
|
Sunday,
16 November 2008,
00:56 GMT
Research
>
Forex - Fundamental research
Fundamental Outlook
GCI Forex Research
The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2705 level and was capped around the $1.2825 level. Traders are wondering what news may emerge at this weekend’s Group of Twenty meeting in Washington, D.
|
Friday,
14 November 2008,
05:04 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 14, 2008
GMT 04:56
EUR/USD
Today’s support: - 1.2679 and 1.2642(main), where correction is possible. Break would give 1.2624, where correction also may be. Then follows 1.
|
|
1.2621 / 24
1.9514 / 18
