Technical Analysis 17/03/2010 of FXCBS
Wednesday March 17 , 2010
Previous session overview
Euro against dollar in the Asian traded in a narrow range slant upwards
between highest level at 1.38180 and lowest level at 1.37632, which is
trading now around 1.37966.
The Sterling against the dollar pair traded in a narrow slant upward
trend between highest level 1.52688 and lowest rate 1.52085; the pairs
are traded now at 1.52430.
During the Asian session the Dollar against the yen was traded among its
highest level at 90.669 and the lowest price at 90.027, the pair
trading now around 90.457.
Market Expectations
EUR/USD :The pair euro against the U.S. dollar hit the resistance level at 1.38200;
Stochastic appears saturated in the procurement process, which could
lead the pair to a corrective movement towards to the level of 1.37020.
GBP/USD : Stochastic for the pair sterling against the U.S. dollar appears
saturated in the procurement process, as it is obvious from the chart
for four hours, which makes us expect a decline for the pair today aimed
at the level of support at1.51850, and then 1.51150.
USD/JPY :We expect a bullish intraday that targets 91.220 then 91.700 before returning to
resume the bearish short term wave. Keep in mind the breach of 90.000
could pave the way for resuming the bearish short term wave.
Senior Analyst / Ali Hasan /FXCBS
('/outgoing/http_www_fxcbs_com_newsletter_daily_html');" rel="nofol...
('/outgoing/http_www_fxcbs_com_');" rel="nofollow" href="http://www... , Currency Online Trading , ('/outgoing/http_www_fxcbs_com_');" rel="nofollow" href="http://www... , Free Trading
Software
('/outgoing/https_messenger_providesupport_com_messenger_fienex_html_ps_s_2C05nc1eqAsA');" rel="nofollow" href="https://messenger.providesupport.com/messenger/fienex.html?ps_s=2C05nc1eqAsA" target="_blank"">
Previous session overview
Euro against dollar in the Asian traded in a narrow range slant upwards
between highest level at 1.38180 and lowest level at 1.37632, which is
trading now around 1.37966.
The Sterling against the dollar pair traded in a narrow slant upward
trend between highest level 1.52688 and lowest rate 1.52085; the pairs
are traded now at 1.52430.
During the Asian session the Dollar against the yen was traded among its
highest level at 90.669 and the lowest price at 90.027, the pair
trading now around 90.457.
Market Expectations
EUR/USD :The pair euro against the U.S. dollar hit the resistance level at 1.38200;
Stochastic appears saturated in the procurement process, which could
lead the pair to a corrective movement towards to the level of 1.37020.
GBP/USD : Stochastic for the pair sterling against the U.S. dollar appears
saturated in the procurement process, as it is obvious from the chart
for four hours, which makes us expect a decline for the pair today aimed
at the level of support at1.51850, and then 1.51150.
USD/JPY :We expect a bullish intraday that targets 91.220 then 91.700 before returning to
resume the bearish short term wave. Keep in mind the breach of 90.000
could pave the way for resuming the bearish short term wave.
Senior Analyst / Ali Hasan /FXCBS
('/outgoing/http_www_fxcbs_com_newsletter_daily_html');" rel="nofol...
('/outgoing/http_www_fxcbs_com_');" rel="nofollow" href="http://www... , Currency Online Trading , ('/outgoing/http_www_fxcbs_com_');" rel="nofollow" href="http://www... , Free Trading
Software
('/outgoing/https_messenger_providesupport_com_messenger_fienex_html_ps_s_2C05nc1eqAsA');" rel="nofollow" href="https://messenger.providesupport.com/messenger/fienex.html?ps_s=2C05nc1eqAsA" target="_blank"">
Views: 0
© 2025 Created by James Dicks.
Powered by
