|
Friday,
22 August 2008,
21:27 GMT
Research
>
Forex - Technical research
FastBrokers Team
Market Commentary / Analysis for August 22th 2008
Oil??? Wheres it going??? Pivot levels 100-110-116-122!
• EUR/USD
• GBP/USD
• USD/JPY
Read more >
Thursday,
21 August 2008,
22:17 GMT
Research
>
Forex - Technical research
FastBrokers Team
Market Commentary / Analysis for August 21th 2008
Tomorrow is Bernanke day!!! His words could move markets bigtime tomorrow.
• EUR/USD
• GBP/USD
• USD/JPY
• USD/CHF
• 1 more USD/CHF chart
Read more >
Wednesday,
20 August 2008,
21:10 GMT
Research
>
Forex - Technical research
FastBrokers Team
Market Commentary / Analysis for August 20th 2008
As you can see from today’s chart there looks to be an inverted head & shoulders pattern emerging.
This is short term but it does signify a bottom if the neckline of 1.4765 is pushed through.
If that level is broken then the top of the November – February consolidation zone of 1.49 could be achieved.
On the other hand, if there were to be another bear move then the target of 1.4515 could be the price to end the bear leg and contain a sharp bull move.
• EUR/USD
• GBP/USD
• USD/JPY
• Long term yen chart
Read more >
Tuesday,
19 August 2008,
21:49 GMT
Research
>
Forex - Technical research
FastBrokers Team
Market Commentary / Analysis for August 19th 2008
Rebounding day!!
• EUR/USD
• GBP/USD
• USD/JPY
Read more >
Monday,
18 August 2008,
21:07 GMT
Research
>
Forex - Technical research
FastBrokers Team
Market Commentary / Analysis for August 18th 2008
Today’s price action for majors has been somewhat sideways.
This could end up developing into a consolidation with a continuation or a correction.
In my experience there is usually a sharp reaction when there is a certain price that is achieved after these strong moves/breakouts.
This usually causes a daily candle to leave a shadow that is quite large; 100+pips at times.
Since we haven’t seen this yet there is still downside pressure that could occur.
• EUR/USD
• GBP/USD
• USD/JPY
Read more >
|