Browsing all articles from June, 2012
Jun
29

USD/CHF D1 Technical June 29

Today USD/CHF dropped sharply as EUROZONE Debt deal finalized and find a strong support at 0.9454,if the cable below the Line “A” this will indicate violent bearish strength, closure below the Line “A” will confirm the target of 0.9320, which is 61.8 % of Fibonacci retracement.

Jun
29

USD/JPY D1 Technical June 29

Yen continues to gain against the greenback. The USD/JPY pair has a strong resistance and support at 79.64 and 79.27, the pair is in bullish channel so we recommend buy deals, and closure above the resistance will be strongly bullish.

Jun
29

EUR/USD D1 Technical June 29

 

EUR/USD rose sharply as the EURO-ZONE debt deal finalized. Today EUR/USD has a support and resistance at 1.2590 and 1.2694, break of the resistance will confirm the retracement of the fall from 1.3280 to 1.2284 at 1.2902.

Jun
29

GBP/USD D1 Technical June 29

GBP/USD recovers after European Union Bank Supervision Decision, the pair has a strong support and resistance at 1.5647 and 1.5696, if the cable breaks the resistance it will enter in Line “A” which gives the air more bullish strength.

Jun
28

USD/CHF D1 Technical June 28

Today USD/CHF has a strong support and resistance at 0.9579 and 0.9708. As 0.9708 is a strong resistance s we recommend sell deals targeting the support at 0.9579.U.S Unemployment rate can affect the rate of pair.

Jun
28

USD/JPY D1 Technical June 28

 

USD/JPY fall dipped sharply during the Asian Session, the pair has a support and resistance at 79.03 and 79.64, closure above the resistance confirm the bullish strength of pair. U.S Unemployment rate can affect the rate of pair.

Jun
28

GBP/USD D1 Technical June 28

 

Today GBP/USD has a strong support and resistance at 1.5507 and 1.5565, 1.5507 is 23.6 % of Fibonacci retracement of the fall from 1.6303 to 1.5264. We recommend buying from the support level to resistance. U.S Unemployment rate can affect the rate of pair.

Jun
28

EUR/USD D1 Technical June 28

EUR/USD fall sharply as the European Session starts. The pair broke the support of 1.2435 and now has support at 1.2394 and resistance at 1.2480, if the pair manages to close above the resistance this will indicate bullish strength. Italian Bond Auction and U.S Unemployment rate can affect the rate of pair.

Jun
27

Fundamental Weekly Analysis of GBP/USD June 27

If the pair is on the Weekly Pivot, price will move towards R1 or S1. If the price is at Weekly R1, wait for a move to R2 or back towards PP. If the price is in S1, wait for a move to S2 or back towards Pivot point. If the price is R2, wait for a move back to R3 or R1, If the price is in S2, wait for a move back to S3 or S1.

Jun
27

Fundamental Weekly Analysis of EUR/USD June 27

If the price is in the Weekly Pivot, price will move towards R1 or S1. If the price is at Weekly R1, wait for a move to R2 or back towards PP. If the price is in S1, wait for a move to S2 or back towards Pivot point. If the price is R2, wait for a move back to R3 or R1, If the price is in S2, wait for a move back to S3 or S1.