The Pair Euro against the U.S. dollar traded today betweeen the highest level at 1.26593 and the lowest level at 1.26034 , while the pair trading now around the level of 1.2123.
The pair Sterling against the U.S. dollar traded today between the highest level at 1.55146 and the lowest level at 1.53726 , the pair trading now around the level of 1.53933.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the highest level at 85.192 and the lowest level at 84.153, while the pair trading now around the level of 84.240.
Market Expectations
EUR/USD : We expect today for the pair Euro against the U.S. dollar will make a small corrective movment to the level of 1.26700 then return to decline to the target of 1.25250 , stability of the trading below the level of 1.27300 necessary to achieve these expectations .
GBP/USD : We expect today a corrective movment to the pair Sterling against the U.S dollar to the level of 1.54950 before the pair can penetrate the support level 1.53700 , stability of the trading below the level of 1.55100 necessary to achieve our expectations .
USD/JPY : etermind indicators for the pair U.S. dollar against the Japanese Yen show positive sign which may lead the pair to raise up to the level of 85.220 , stability of the trading above the level of 85.070 necessary to achieve these expectations.
Wednesday August 25 , 2010
Previous session overview
The pair Euro against the U.S. dollar trade during the Asia session between the lowest level at 1.26160 and the highest level at 1.27266, while the pair trading now around the level of 1.26990.
Regarding to the pair Sterling against the U.S. dollar the pair traded during the Asia session between the lowest level at 1.53893 and the highest level at 1.54614, the pair trading around the level of 1.54333.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 83.900 and the highest level at 84.674 , the pair trading now around the level of 84.637.
Market Expectations
EUR/USD : We can see negative sign for the pair Euro against the U.S. dollar through determined indicators which may lead the pair to decline more after complete the corrective movement to the level 1.26990; we expect that the pair will decline to the level of 1.25410 then to the level of 1.24850.
GBP/USD : We expect today for the pair Sterling against the U.S. dollar a decline to the level 1.53000 then to the level of 1.52410 , Stochastic indicator show negative sign support our expectations , stability of the trading below the level 1.56280 necessary to achieve these expectations .
USD/JPY : The pair achieved a bearish trend reaching 84.00 but is finding strong resistance that will continue pushing the pair to the upside, stochastic neared overbought areas, and we may see some fluctuation and lead towards to the upside to retest the breached 84.85, so we expected bearish intraday direction
The pair Eurp against the U.S. dollar traded during the Asia session between the lowest level at 1.26925 and the highest level at 1.27311 , the pair trading now around the level of 1.27256.
Regarding to the pair Sterling against the U.S. dollar also traded during the Asia session between the lowest level 1.55050 and the highest level at 1.55351 , the pair trading now around the level 1.55112.
Finaly the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest leve at 84.271 and the highest level at 84.791 , the pair trading now around the level of 84.751.
Market Expectations
EUR/USD : etermined indicators for the pair Euro against the U.S. dollar show negative sign which may lead the pair today to decline to the level 1.26160 and if it can penetrate it, maybe the pair can reach the level 1.25250.
GBP/USD : The pair Sterling against the U.S. dollar traded in a narrow range during the Asia session but the pair could stability under the level 1.55300 during that’s session, so we expect some fluctuation around the level 1.55000 then fall to the level 1.54340 then 1.53850.
USD/JPY : etermined indicators for the pair U.S. dollar against the Japanese Yen start show negative sign , that make us expect a decline for the pair to the level of 83.850 then to the level 83.350 , these expectation require stability of the trading below the level of 85.250.
The pair Euro against the U.S. dollar traded during the Asia session between the highest level at 1.27670 and the lowest level at 1.27250 , while the pair trading now around the level of 1.27366.
The pair Sterling against the U.S. dollar traded during the Asia session between the highest level at 1.55579 and the lowest level at 1.55098, the pair trading now around the level of 1.50200.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the highest level at 85.903 and the lowest level at 85.184 , the pair trading now around the level of 85.200.
Market Expectations EUR/USD : We expect today for the pair Euro against the U.S. dollar a decline to the level 1.26250 then to the level 1.25850, this decline will start after the pair can penetrate the support level at 1.27000, stability of the trading below the level 1.27510 necessary to achieve these expectations.
GBP/USD : etermined indicators for the pair Sterling against the U.S. dollar start show negative sign which may lead the pair to decline to the level of 1.54400 to retest this level before we can say that the pair can decline more to the level 1.53850, stability of the trading below the level of 1.55550 necessary to achieve these expectations.
USD/JPY : We expect today a decline for the pair U.S. dollar against the Japanese Yen to the level 84.230 , determined indicators support our expectations , these expectations require stability of the trading below the level of 85.900.
Tuesday August 31 , 2010
Previous session overview
The pair Euro against the U.S. dollar traded during the day between the highest level at 1.26717 and the lowest level at 1.26325, the pair trading now around the level of 1.26400.
Regarding to the pair Sterling against the U.S. dollar traded during the day between the highest level at 1.54741 and the lowest level at 1.54179, the pair trading now around the level of 1.54295.
Finally the pair U.S. dollar against the Japanese Yen traded during the day between the lowest level at 84.073 and the highest level at 84.662 , the pair trading now around the level of 84.126.
Market Expectations
EUR/USD : etermined indicators show positive sign for the pair Euro against the U.S. dollar which may lead the pair to raise up to retest the level of 1.27200 again before the pair can reach our weekly target at 1.25250 then to the level of 1.24800; these expectations require stability of the trading below the level 127200.
GBP/USD : Stability of the trading for the pair Sterling against the U.S. dollar below the level of 50 Moving average lead us to expect more decline for the pair today to the level of 1.53850 then to the level of 1.53180.
USD/JPY : We expect today a more decline for the pair U.S. dollar against the Japanese Yen, stability of the trading below the level of 50 Moving Average support our expectations to decline to the level 83.100.
The pair Euro against the U.S. dollar traded during the trading today between the lowest level at 1.26627 and the highest level at 1.27732, while the pair trading now around the level of 1.27681.
The pair Sterling against the U.S. dollar traded during the trading today between the lowest level at 1.53350 and the highest level at 1.54176, while the pair trading now around the level of 1.53761.
Finally the pair U.S. dollar against the Japanese Yen traded between the lowest level at 83.938 and the highest level at 84.578 , the pair trading now around the level of 84.037.
Market Expectations
EUR/USD : etermined indicators start show negative sign for the pair Euro against the U.S. dollar which may lead the pair to decline again to retest the level of 1.27300, and if it can penetrate it may reach to the level of 1.26850.
GBP/USD : We expect more decline for the pair Sterling against the U.S. dollar to the target of 1.52850, these expectation require stability of the trading below the level of 1.54450.
USD/JPY : The pair is finding a hard time surpassing 84.500, where we still await for it to build a base on the resistance at 84.750 before heading towards this morning’s suggested targets. From here, our expectations remain intact as long as stability is below 84.850.
The pair Euro against the U.S. dollar traded during the Asia session in a narrow range between the highest level at 1.28134 and the lowest level at 1.27816, while the pair trading now around the level of 1.280098.
The pair Sterling against the U.S. dollar traded during the Asia session in a narrow range between the highest level at 1.54604 and the lowest level at 1.53930, while the pair trading now around the level of 1.54151.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 84.071 and the highest level at 84.551 , the pair trading now around the level of 84.142.
Market Expectations
EUR/USD : We expect today a decline for the pair Euro against the U.S. dollar which will start after the pair can penetrate the level of 1.2770, which may lead the pair to the level 1.26520, stability of the trading below the level 1.28500 necessary to achieve these expectations.
GBP/USD : We expect today a decline for the pair Sterling against the U.S dollar to the level 1.53000 then to the level of 1.52450; these expectations require stability of the trading below the level of 1.54850.
USD/JPY : SMA 50 is still preventing the pair from reaching the resistance at 84.85; while a negative intersection on Stochastic signals that the previously suggested bearish intraday direction is still valid, with targets at 83.450then 83.000 that requires a four-hour closing below 84.850.
The pair Euro against the U.S. dollar traded during the Asia session between the highest level at 1.28758 and the lowest level at 1.27866 , while the pair trading now around the level of 1.27947.
The pair Sterling against the U.S. dollar traded during the Asia session between the highest level at 1.54003 and the lowest level at 1.53520 , while the pair trading now around the level of 1.53670.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 84.043 and the highest level at 84.258, the pair trading now around the level 84.067.
Market Expectations
EUR/USD : We expect today a more decline for the pair Euro against the U.S. dollar to the level 1.26850, this decline will start after the pair can breakthrough the level of 1.27700, stability of the trading below the level of 1.28450 necessary to achieve these expectations.
GBP/USD : Stability of the trading for the pair Sterling against the U.S. dollar below the level MA50 and the positive sign which show through determined indicators may lead the pair for some fluctuations before the pair can continuo it’s declining .
USD/JPY : SMA 50 is still preventing the pair from reaching the resistance at 84.85; while a negative intersection on Stochastic signals that the previously suggested bearish intraday direction is still valid, with targets at 83.450then 83.000 that requires a four-hour closing below 84.850.
The pair Euro against U.S. dollar traded between the lowest level at 1.26582 and the highest level at 1.27325, while the pair trading now around the level of 1.26934.
Regarding to the pair Sterling against the U.S. dollar also traded between the lowest level at 1.53428 and the highest level at 1.54930, the pair trading now around the level of 1.54570.
Finally the pair U.S. dollar against the Japanese Yen traded between the lowest level at 83.334 and the highest level at 83.944 , the pair trading now around the level of 83.800.
Market Expectations
EUR/USD : The pair breached the pivotal support level at 1.26680 and rebounded to the upside due to the positive effect of momentum indicators. For the bearish expectations to prevail stability below the previously mentioned support is required, in addition to a base to be built below 1.27700.
GBP/USD : the four-hour candlestick closing was below the level 1.54350 for the pair Sterling against the U.S. dollar , The pair strongly ascended attacking the pivotal resistance at 1.54350 thereby maintaining chances of resuming the awaited bearish trend, supported by momentum indicators closely nearing overbought areas. Our morning expectations will prevail if we do not witness a daily closing above 1.5435.
USD/JPY : The pair gradually neared the awaited resistance level at 84.000, accompanied by Stochastic losing bullish momentum; therefore, our expectations will prevail if an initial base is built above 84.000.
The pair Euro against U.S. dollar traded during the Asia session between the highest level at 1.27428 and the lowest level at 1.26644, the pair trading now around the level of 1.26813.
Regarding to the pair Sterling against the U.S. dollar also traded during the Asia session between the highest level at 1.54766 and the lowest level at 1.53999 , while the pair trading now around the level of 1.54247.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 83.602 and the highest level at 84.024 , the pair trading now around the level of 83.712.
Market Expectations EUR/USD : We expect today a decline for the pair Euro against the U.S. dollar to the level 1.26160 at the first and if it can breakthrough this level it may lead the pair to the new target at 1.25450, these expectation require stability of the trading below the level of 1.27300.
GBP/USD : We expect today a mixed trading for the pair Sterling against the U.S. dollar, so we advice our clients to monitor the price level today for the both level 1.53650 and the level up 1.55150.
USD/JPY : The pair retested from the level 84.050 to start the suggested bearish wave that was previously suggested, supported by the negative direction appearing on Stochastic alongside stability below the MA 50. These factors make us expect a bearish intraday direction that targets chiefly the key support level for the current bearish channel at 82.400, while resuming it requires the four hour closing below 84.050.