EURJPY From Friday Took out rising support
at 159.92 overnight that indicates the recent bullish momentum is
halted and indicates lower levels near term. Spot on there
with EURJPY tumbling over the last sessions. Next support level is
now 155.53 followed by 154.04 (key support). Have falling
resistance coming in at 161.08 today and key resistance remains
161.60.
Support: 155.04, 154.04, 153.75 (long term rising trend line)
Resistance: 161.08 (falling res), 161.60 (minor res), 162.17 (key
res)
USDCAD Bearish outlook intact below the Jan
low of 0.9870 today. Former support line coming in at 0.9975 (now
resistance) today and falling resistance is all the way up at
1.0133. Support: 0.9710 (28/2 low), 0.9639 (underlying support)
Resistance: 0.9950(break down level), 1.0133 (short term falling
res), 1.0222(overhead res), 1.0280 (falling res from Aug 07 high),
1.0380 (key level, overhead res), 1.0400(former key support.)
EURGBP Somewhat of a weak close Friday that
signals some selling interest towards the 0.7680 level. Technically
still bullish above 0.7612 break out level. Former overhead
resistance (now possible support) coming in at 0.7572 today and
rising support coming in at 0.7487 today. Support: 0.7612 (former
high), 0.7572 (former overhead res), 0.7495 (former res), 0.7487
(rising support), 0.7400, 0.7387 (rising sup), 0.7284 (rising
support)
Resistance: 0.7677 (Friday s high) Content Provided by:
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experience with trading various markets and we know what is takes
to make money. ... DISCLAIMER: Any information in this report is
based on data considered to be reliable, but no representations or
guarantees are made by Avantage Financial GmbH with regard to the
accuracy of the data. This information is provided on condition
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Currency Majors Technical Analysis Forex Analysis
Read The Latest Forex Analysis By Arnaud Jeulin : Currency
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American Session
EUR/USD - Euro Dollar
1, 5217. EUR USD is in an uptrend supported by 1H exponential
moving averages. EUR USD is in a consolidation after the last
bullish movement. The volatility is low. Bollinger bands are flat.
ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish
configuration. The price should find a support above 1, 5150. The
uptrend should continue to gather momentum. The target is expected
at 1, 5400.
Resistances 1, 5240 - 1, 5290
Supports 1, 5190 - 1, 5150 more information on
EUR/USD - Euro Dollar
Forex Forex Trading Forex
GBP/USD - British Pound Dollar
1, 9856. GBP USD is in a range between 1, 9785 and 1, 9950. GBP USD
moves without trend and swings around exponential moving averages
(EMA 50 and 100). The volatility is low. Bollinger bands are flat.
ForexTrend 4H (Mataf Trend Indicator) is in a bullish
configuration. The price should continue to move in Bollinger
bands. We won't take a position. The risk/reward ratio is too high
to take a position..
1, 9865 - 1, 9950 1, 9810 - 1, 9785 more information on GBP/USD -
British Pound Dollar
Forex Forex Trading Forex
USD/CAD - US Dollar Canadian Dollar
0, 9890. USD CAD broke 0, 9865 resistance. USD CAD is in a
consolidation after the last bullish movement. The volatility
decreases. Bollinger bands are tightened. Oscillators are neutral.
The price should find a resistance below 0, 9900. The consolidation
should continue. We won't take a position. The risk/reward ratio is
too high to take a position..
0, 9900 - 0, 9940 0, 9865 - 0, 9820 more information on USD/CAD -
US Dollar Canadian Dollar
Forex Forex Trading Forex
USD/CHF - Dollar Swiss Franc
1, 0376. USD CHF is in an downtrend directed by 1H exponential
moving averages. USD CHF is in a consolidation after the last
bearish movement. The volatility decreases. Bollinger bands are
tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a
bearish configuration. The consolidation should continue. The price
should continue to move in 1, 0300 / 1, 0440 range. We won't take a
position.
1, 0420 - 1, 0440 1, 0350 - 1, 0300 more information on USD/CHF -
Dollar Swiss Franc
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