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Forex Trades 09/09 - US session - by [URL="http://www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.381
[b]Stop[/b]: 1.3855
[b]Resistances[/b]: 1.3935 - 1.3875 - 1.382
[b]Supports[/b]: 1.36 - 1.372 - 1.3785

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/usdjpy"]USD/JPY - US Dollar / Yen[/url][/b]
[b]Entry[/b]: 77.8
[b]Stop[/b]: 77.4
[b]Resistances[/b]: 78.9 - 78.3 - 77.85 ...

Euro dollar is settling in an area last seen two months ago, after Trichet’s blow. Things are getting worse for Greece and as long as news from the US are stable, the pair has a chance of taking a deeper fall to a 6 month low. How will it end the week?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-sep-9-settling-above-critical-support-after-trichets-blow/"]EUR/USD Settling Above Critical Support After Trichet’s Blow[/URL][/I][/B]

Forex Trades 09/09 - European session - by [URL="http://www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.39
[b]Stop[/b]: 1.395
[b]Resistances[/b]: 1.4105 - 1.402 - 1.3935
[b]Supports[/b]: 1.3725 - 1.384 - 1.387

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/euraud"]EUR/AUD - Euro / Australian dollar[/url][/b]
[b]Entry[/b]: 1.3095
[b]Stop[/b]: 1.3145
[b]Resistances[/b]: ...

GBPUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.6453, and the fall extended to as low as 1.5912. As long as the trend line resistance holds, downtrend could be expected to continue, and one more fall to 1.5850 area is still possible. On the other side, a clear break above the trend line will indicate that a cycle bottom has been formed at 1.5912 and the fall from 1.6453 has completed.



Written by ForexCycle.com