Technical Analysis 1/06/2010 FXCBS
Tuesday June 1 , 2010
Previous session overview
The pair Euro against the U.S. dollar traded in a narrow range during
the Asian session between the highest level at 1.23084 and the lowest
level at 1.22473, the pair trading now around the level of 1.22842.
Regarding to the pair Sterling against the U.S. dollar also traded in a
narrow range during the Asian session between the highest level at
1.45433 and the lowest level at 1.44700, the pair trading now around
the level of 1.45170.
Finally , the pair U.S. dollar against the Japanese Yen traded during
the Asian session in a narrow range between the lowest level at 90.890
and the highest level at 91.278 , the pair trading now around the level
of 91.154.
Market Expectations
EUR/USD :We expect today some the pair to
fluctuate around the level of 1.23240 then decline to the level of
1.22622 and then descend to the level of 1.21680, stability of trading
below the level of 1.23791 necessary to achieve these expectations.
GBP/USD :We expect today that the pair
Sterling against the U.S. dollar will approach the resistance level at
1.45703, then return to decline to the level 1.44020 then to the level
1.43160, stability of trading below the moving average 100 at 1.45850
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 of
90.050 , theses expectation require stability of trading below the
level 92.400, determined indicators support our expectations .
Senior Analyst / Ali Hasan /FXCBS
Newsletter
Forex ECN Broker , Currency Online Trading , Low Spread , Free Trading Software
Previous session overview
The pair Euro against the U.S. dollar traded in a narrow range during
the Asian session between the highest level at 1.23084 and the lowest
level at 1.22473, the pair trading now around the level of 1.22842.
Regarding to the pair Sterling against the U.S. dollar also traded in a
narrow range during the Asian session between the highest level at
1.45433 and the lowest level at 1.44700, the pair trading now around
the level of 1.45170.
Finally , the pair U.S. dollar against the Japanese Yen traded during
the Asian session in a narrow range between the lowest level at 90.890
and the highest level at 91.278 , the pair trading now around the level
of 91.154.
Market Expectations
EUR/USD :We expect today some the pair to
fluctuate around the level of 1.23240 then decline to the level of
1.22622 and then descend to the level of 1.21680, stability of trading
below the level of 1.23791 necessary to achieve these expectations.
GBP/USD :We expect today that the pair
Sterling against the U.S. dollar will approach the resistance level at
1.45703, then return to decline to the level 1.44020 then to the level
1.43160, stability of trading below the moving average 100 at 1.45850
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 of
90.050 , theses expectation require stability of trading below the
level 92.400, determined indicators support our expectations .
Senior Analyst / Ali Hasan /FXCBS
Newsletter
Forex ECN Broker , Currency Online Trading , Low Spread , Free Trading Software
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