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Feb 12, 2012 09:47PM GMT
     
 
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Currency Majors Technical Analysis

By   |  Economic Calendar  |  May 21, 2008 12:00AM GMT
 
 
European Session EUR/USD - Euro Dollar
1,5671. EUR USD broke 1,5600 resistance. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,5720 (50 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5680 - 1,5720
Supports
1,5610 - 1,5540
more information on EUR/USD - Euro Dollar Click Here


GBP/USD - British Pound Dollar
1,9684. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,9730. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9730 - 1,9800
Supports
1,9630 - 1,9540
more information on GBP/USD - British Pound Dollar Click Here


USD/CAD - US Dollar Canadian Dollar
0,9898. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 0,9800 (100 pips).
=> We could take a short position at 0,9900. We will put the stop loss above 0,9950 (-50 pips). The targets are 0,9850 (+50 pips) 0,9800 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
0,9950 - 0,9960
Supports
0,9880 - 0,9850
more information on USD/CAD - US Dollar Canadian Dollar Click Here


USD/CHF - Dollar Swiss Franc
1,0360. USD CHF broke 1,0425 support. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0300 (60 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0385 - 1,0420
Supports
1,0340 - 1,0300
more information on USD/CHF - Dollar Swiss Franc Click Here


USD/JPY - Dollar Yen
103,19. USD JPY is in an downtrend directed by 15min exponential moving averages. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 102,80. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
103,55 - 103,90
Supports
102,85 - 102,50
more information on USD/JPY - Dollar Yen Click Here

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CFDs Quotes
 SPX 500 Futures1340.25-8.00-0.59%  
 NQ 100 Futures2549.20-11.80-0.46%  
 US 3012801.23-89.23-0.69%  
 DAX6692.96-95.84-1.41%  
 UK 1005852.39-43.08-0.73%  
 Japan 2258947.17-55.07-0.61%  
 US Dollar Index79.11+0.42+0.54%  
CFDs Quotes
 Gold1723.95-17.25-0.99%  
 Silver33.575-0.342-1.01%  
 Copper3.862-0.117-2.93%  
 Crude Oil99.36+0.00+0.00%  
 Natural Gas2.476-0.001-0.04%  
 US Cotton No.291.03+0.65+0.72%  
 US Coffee C218.60+0.00+0.00%  
 
 EUR/USD1.3198-0.0089-0.67%  
 GBP/USD1.5756-0.0061-0.39%  
 USD/JPY77.61-0.05-0.07%  
 USD/CHF0.9165+0.0047+0.52%  
 AUD/USD1.0673-0.0113-1.05%  
 USD/CAD1.0013+0.0067+0.68%  
 EUR/CHF1.2093-0.0020-0.17%  
CFDs Quotes
 Euro Bund138.66+1.41+1.03%  
 Italian Govt. B.102.45-1.63-1.57%  
 Euro BOBL125.23+0.71+0.57%  
 UK Gilt115.78+1.13+0.99%  
 US 2 YR T-Note110.26-0.02-0.02%  
 US 10 YR T-Note131.21+0.36+0.28%  
 US 30 YR T-Bond142.43+0.79+0.56%  

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