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😲 This stock is now up a jaw-dropping 67.79% this month ALONE
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Daily Forex Forecast
www.investing.com/analysis/technical/daily-forex-forecast-4393
Daily Forex Forecast
By | Feb 10, 2008 07:00PM ET FXDREAM EUR/USD
Date: Mon, 11 February 2008 13:10:05
Resistance levels: 1.4600/1.4670/1.4760
Support levels: 1.4500/1.4420/1.4370
EUR/USD has reversed back to 1.4500 first Support earlier today . No important fundamental news today No change in our view. The break beyond 1.4780 signals for retest of 1.4965 record highs and even 1.50 psychological level in longer term First important Resistance comes near 1.4550 ahead of 1.4600. A break above this levels is needed for resuming the upmove towards 1.4670 in mid and 1.4760 in longer term On downside, further downmove towards 1.4420 and 1.4370 previous bottom over the next trading days is not ruled out..
Strategy-neutral.
FXDREAM GBP/USD
Date: Mon, 11 February 2008 13:10:04
Resistance levels: 1.9500/1.9560/1.9660
Support levels: 1.9400/1.9330/1.9280
GBP/USD has flip-flopped back towards 1.9400 first Support and beyond 1.9500 earlier today after better than expected fundamental data from No change in our view. On downside, the the bias remains negative for further downmove below 1.9400 towards 1.9330 previous bottom over today and tomorrow On the upside, a break above 1.9500 first Resistance again is needed for recovery towards 1.9560 and 1.9740
Strategy-neutral.
FXDREAM USD/JPY
Date: Mon, 11 February 2008 13:10:03
Resistance levels: 107.00/107.90/108.50
Support levels: 106.00/105.00/104.20
USD/JPY has failed to break beyond 107.80-90 key Resistance on Friday and fallen back towards 106.00 important Support again earlier today Currently the pair is strading below 107.00 first Resistance No change in our view. The bias remains bearish for further downmove below 106.00 and even towards 104.20 in longer term as long as price remains below 107.90 key level First important Support comes at 106.00 ahead 105.00 stronger one On the upside, a break above 107.90 again signals for reversal in the bias and test of 108.50 and 110.10 in longer term First Resistance comes at 107.00
Strategy-neutral.
FXDREAM USD/CHF
Date: Mon, 11 February 2008 13:10:02
Resistance levels: 1.1070/1.1120/1.1190
Support levels: 1.0950/1.0870/1.0830
USD/CHF has found strong Support at 1.0950 as it was suggested earlier today A break below 1.0950 is needed for resuming the downmove towards 1.0870 over today and tomorrow and 1.0730 bottom in longer term First key Support comes at 1.0950 now ..On the upside, as long as price holds beyond 1.1000 furthe squeezee higher to 1.1070 later today and retest of 1.1100-20 area later this week may be seen.
Strategy-neutral.
FXDREAM EUR/JPY
Date: Mon, 11 February 2008 13:10:01
Resistance levels: 156.50/157.00/157.50
Support levels: 155.00/154.00/152.10
The Cross is still trading below 156.00-50 important Resistance area over the last trading sessions No change in our view On downside, the bias remains bearish and break below 155.00 first pivot level may ease price back towards test towards 154.00 and even 152.10 bottom in longer term .On the other side , a break above 156.00-50 Resistance is needed for reversal towards 157.50 and higher in longer term
Strategy-neutral
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EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,...
Technical oscillators supporting the~bullish trend for the USD/CHF...
By Finotec - Jan 05, 2009
USD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend...
January 06 analysis
By Investija - Jan 05, 2009
In this PDF you will find the latest technical analysis published by Forex Trends
Daily Forex Forecast
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