DailyFX Forum - Best Entries

Forex / European Session - 15/07/2009

Posted 07-15-2009 at 02:46 AM by Mataf (Currency Majors Technical Analysis)

EUR/USD - Euro Dollar1,4039. EUR USD broke 1,4015 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,4070 resistance (31 pips).

Resistances1,4070 - 1,4150Supports1,4015 - 1,3910

more information on EUR/USD - Euro Dollar Click Here

Mataf.net : technical analysis, Forex, currency converter

GBP/USD - British Pound Dollar1,6401. GBP USD broke 1,6350 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H,

...

Mataf

Special Guest Trader

Posted in Uncategorized

Views 496 Comments 0 Mataf is offline

EURUSD breaks above 1.4072 resistance

Posted 07-15-2009 at 09:31 PM by ForexCycle.com (Free Forex Market Analysis)

EURUSD breaks above 1.4072 resistance and reaches as high as 1.4134 level. Further rally is still possible to test 1.4197 resistance. However, 1.4197 level will more likely be held and downtrend could be expected to resume before breaking above this level. Key support is now at 1.4000, a break down below this level will indicate that a short term cycle top has been formed on 4-hour chart, then the following downtrend will take price to test 1.3832 previous low support.

Daily Forex Forecast

ForexCycle.com

Special Guest Trader

Posted in Uncategorized

Views 210 Comments 0 ForexCycle.com is offline

Forex / European Session - 17/07/2009

Posted 07-17-2009 at 01:40 AM by Mataf (Currency Majors Technical Analysis)

EUR/USD - Euro Dollar1,4121. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4160 (39 pips). The consolidation should continue.

Resistances1,4160 - 1,4200Supports1,4100 - 1,4060

more information on EUR/USD - Euro Dollar Click Here

Mataf.net : technical analysis, Forex, currency converter

GBP/USD - British Pound Dollar1,6389. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger

...

Mataf

Special Guest Trader

Posted in DailyFX Guest Trade Ideas

Views 368 Comments 0 Mataf is offline

Forex / European Session - 20/07/2009

Posted 07-20-2009 at 01:46 AM by Mataf (Currency Majors Technical Analysis)

EUR/USD - Euro Dollar1,4162. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,4120 (42 pips). The uptrend should continue to gather momentum.