Technical Analysis 11/02/10 of FXCBS
This is Technical analysis daily provided by specialists and analysts from FXCBS
Thursday February 11 , 2010
Previous session overview
The euro dollar pair declined recording a low of 1.37337 and a high of
1.38067, having the union currency trading around 1.37732.
Regarding the pound dollar pair, it inclined to record a high of
1.56601 and a low of 1.55867, having the royal pound trading around
1.56062.
Finally, the dollar yen pair is trading between a high of 90.135 and a
low of 89.816, and the pair is currently trading around 89.961.
Market Expectations
EUR/USD :
Stochastic as to several indicators showing positive signs for the pair
the euro against the U.S. dollar, which makes us expect an upward trend
of trading today are aimed at the level of 1.39000, and this
expectation requires constant of trading above the level 1.37250.
GBP/USD :
Sterling against the U.S. dollar has not been able to penetrate the
level of support yesterday under the influence of positive signals that
have emerged through the determined indicators we expect on an upward
trend today to the targets level at 1.58500.
USD/JPY :
We expect today a bearish intraday direction which requires first the
breach of 89.550 then paving the way towards the first target around
88.500. It is vital that 91.320 remain intact so these expectations may
prevail.
Senior Analyst / Ali Hasan /FXCBS
http://www.fxcbs.com/newsletter/daily.html
Forex ECN Broker|Currency Online Trading| Low Spread| Free Trading Software
Thursday February 11 , 2010
Previous session overview
The euro dollar pair declined recording a low of 1.37337 and a high of
1.38067, having the union currency trading around 1.37732.
Regarding the pound dollar pair, it inclined to record a high of
1.56601 and a low of 1.55867, having the royal pound trading around
1.56062.
Finally, the dollar yen pair is trading between a high of 90.135 and a
low of 89.816, and the pair is currently trading around 89.961.
Market Expectations
EUR/USD :
Stochastic as to several indicators showing positive signs for the pair
the euro against the U.S. dollar, which makes us expect an upward trend
of trading today are aimed at the level of 1.39000, and this
expectation requires constant of trading above the level 1.37250.
GBP/USD :
Sterling against the U.S. dollar has not been able to penetrate the
level of support yesterday under the influence of positive signals that
have emerged through the determined indicators we expect on an upward
trend today to the targets level at 1.58500.
USD/JPY :
We expect today a bearish intraday direction which requires first the
breach of 89.550 then paving the way towards the first target around
88.500. It is vital that 91.320 remain intact so these expectations may
prevail.
Senior Analyst / Ali Hasan /FXCBS
http://www.fxcbs.com/newsletter/daily.html
Forex ECN Broker|Currency Online Trading| Low Spread| Free Trading Software
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