FOREX NEWS

Technical analysis of the major and minor pairs, the analysis covers EURUSD, GBPUSD, USDJPY, AUDUSD & USDCAD

USDJPY – Weekly Chart – loses the upside momentum !

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The USDJPY maintained a bearish momentum the past few weeks after topping at  103.73 levels. Now the pressure will be on the key support...

EURUSD – Intraday Strategy (03 Jun 2013)

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Recommendations: SHORT positions below  1.3045 with 1.2970 & 1.2940 as next targets. Alternative scenario: The upside breakout of 1.3045 will call for a rebound to...

EURUSD – Daily Technical Analysis – 03 Jun 2013

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The EURUSD maintained a bullish momentum last week after topping at 1.3061. A daily close above 1.3061 is likely to advance the pair higher...

EURUSD – Weekly Technical Analysis – 03 Jun 2013

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The EURUSD continued to consolidate with a bullish bias on the weekly chart after bottoming at the 1.2745 levels. With the key support 1.2745...

EURUSD – Monthly Technical Analysis – June 2013

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The EURUSD continued to maintain its bearish momentum the past few months. After topping at 1.3710 levels. Last month it topped at 1.3242, bottomed...

EURUSD – Intraday Strategy (31 May 2013)

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Recommendations: Long positions above  1.2967 with 1.3030 & 1.3060 as next targets. Alternative scenario: The downside breakout of 1.2976 will call for a slide to...

EURUSD – Bullish with risk towards 1.3225/1.3330 – Support at 1.2820 , Resistance at...

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The EURUSD maintained a bullish momentum yesterday. Topped at 1.3061 levels. Now the pressure will be on the key resistance 1.3061. The EURUSD will...

EURUSD – Intraday Strategy (27 May 2013)

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Recommendations: SHORT positions below 1.2993 with 1.2900/820 as next targets. Alternative scenario: The upside breakout of 1.2993 will call for a rebound to 1.3050/115 Description: The...

EURUSD – bearish, losing 1.2820 will expose 1.2745 !

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The EURUSD found support at 1.2820 last week. Now the pair is testing the key resistance  1.3000. However; As long as 1.3000 holds on...

EURUSD – Consolidates with downside bias !

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The EURUSD halted its weakness 2 weeks ago at 1.2795 levels. But as long as the key resistance 1.3242 holds on a weekly closing...