Forex-Metal Daily Analysis -25/01/2011
Collapse of the political coalition of Ireland supported the greenback. Asian and European trading sessions:
Month: January 2011
EUR/USD Technical Analysis. Support And Resistance Levels For January 25th/2011
TODAY TECHNICAL LEVEL : Breakout Buy level : 1.3712.Strong Resistance : 1.3703.Original Resistance : 1.3689.Inner Sell Area : 1.3675.Target Inner Area : 1.3639.Inner Buy Area : 1.3603.Original Support : 1.3589.Strong Support : 1.3575.Breakout Sell level : 1.3566.
USD/CHF Outlook & C2FX Forex Trade Sheet Special Offer
Hello. Let’s take a look at the USD/CHF hourly chart. The overall (longer) term appears to be down and we may see more potential downward movement in the shorter term.
Euro Reaches Two-Month High Against USD
The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as the market showed only the barest signs of fatigue after a 6% rally...
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The British Pound Movement Forecast by the Market Profile for January 24, 2011
On Friday, January 21, the market profile for the British pound formed a trend day. We can see the pound declining to the key support levels in the beginning of the day. These levels worked as a...
USDCAD Analysis – January 22, 2011
USDCAD may be forming a cycle top at 1.0030 level on daily chart. Another fall towards 0.9700 would likely be seen next week. Resistance is now at 1.0030, only break above this level could indicate that lengthier...
USDCHF Analysis – January 22, 2011
USDCHF may be forming a cycle top at 0.9783 level on daily chart. As long as 0.9300 support holds, the fall from 0.9783 is treated as correction of uptrend from 0.9300, and one more rise to 1.0000...
USDJPY Analysis – January 22, 2011
USDJPY formed a cycle bottom at 80.93 level on daily chart. Further rise to 85.50 area to reach next cycle top is possible next week. Support is at 81.85, a breakdown below this level will indicate that...
AUDUSD Analysis – January 22, 2011
AUDUSD may be forming a cycle bottom at 0.9803 level on daily chart. Key resistance is at 1.0076, a break above this level will confirm the cycle bottom, then rise towards 1.0500 area could be seen. Support...