Updates
Forex Update:: A recap of today and preview of tomorrow June 17th
A recap of today and preview of tomorrow June 17th
Last Updated ( Thursday, 18 June 2009 01:29 ) Forex Update:GBPUSD back down testing the 100 hour MA
The GBPUSD moved above the 100 hour moving average at the 1.6394 level and moved up to a high of 1.6328 and started to reverse. The decline was helped by the runnup and then reversal of GBPJPY. Now the pair…
Last Updated ( Thursday, 18 June 2009 01:27 ) |
Forex News: USDJPY approaches resistance at the 95.96 area
The 95.96 level represents the 38.2% retracement level broken earlier today. The 200 bar MA on the 5 minute chart also comes in at 95.93. These levels should provide some upside resistance for the pair at least initially.
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Last Updated ( Thursday, 18 June 2009 01:27 ) Forex Update: New session off to a quiet start. NZDUSD consolidates range
NZDUSD is in the middle of the 100 and 200 hour moving averages and showing little in the way of direction. The range has been compressing, with a wedge formation containing the upside and downside. The key technical levels are…
Last Updated ( Thursday, 18 June 2009 01:27 ) Forex Update: Forex Commentary for June 17th is available for viewing (VIDEO)
Forex Commentary for June 17th is available for viewing (VIDEO)
Last Updated ( Thursday, 18 June 2009 01:27 ) Forex Update: USDCHF tests resistance level after sharp NY PM sell off
The USDCHF is back up testing the resistance level at the 1.0802. The level corresponds with the 50% level of the move up from the June 11th low to the high on June 16th. I expect sellers to enter against…
Last Updated ( Thursday, 18 June 2009 01:27 ) Forex News: EURUSD moves through 100 hr and tests 200 hour
The market has taken the EURUSD up through the 100 hour MA at the 1.3923 level and right up to the 200 hour moving average. This level comes in at the 1.3955 level. Above that levle is the 50% retracement…
Last Updated ( Thursday, 18 June 2009 01:29 ) Forex Update: EURUSD moves up to test the days high and 100 hour MA
The EURUSD is testing the highs for the day at the 1.3926 level and the 100 hour MA at the 1.3922 level. A move above this level will likely lead to another move to the upside. I would expect profit takers to sell…
Last Updated ( Thursday, 18 June 2009 01:28 ) |
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