Technical Analysis 26/05/2010 FXCBS
Wednesday May 26 , 2010
Previous session overview
The pair Euro against U.S. dollar traded during the Asian session
between the lowest level at 1.22621 and the highest level at 1.23877,
the pair trading now around the level of 1.22701.
The pair Sterling against the U.S. dollar traded during the Asian
session in a narrow range between the lowest level at 1.43509 and the
highest level at 1.44480, the pair is currently trading around the
level of 1.43694.
Finally the pair U.S. dollar against the Japanese Yen also traded in a
narrow range between the lowest level at 89.996 and the highest level
at 90.490 the pair trading now around the level of 90.186.
Market Expectations
EUR/USD :etermined indicators for the
pair Euro against the U.S. dollar show a negative signs which may lead
the pair to decline and retest the support level at 1.21750 then reach
the target of 1.20890, stability of trading below the level of 1.24260
is necessary to achieve these expectations.
GBP/USD :We expect today for the pair
Sterling against the U.S. dollar a small up correction to the level of
1.44450, and then decline again to the level of 1.42300, then to the
target of 1.41670, determined indicators support our expectations.
USD/JPY :We expect for the pair of
U.S. dollar against Japanese Yen a bearish intraday trend in overall
for today. Technical targets are at 89.100 then 88.570, where achieving
them need a daily closing remaining below 91.050.
Senior Analyst / Ali Hasan /FXCBS
Newsletter
Forex ECN Broker , Currency Online Trading , Low Spread , Free Trading Software
Previous session overview
The pair Euro against U.S. dollar traded during the Asian session
between the lowest level at 1.22621 and the highest level at 1.23877,
the pair trading now around the level of 1.22701.
The pair Sterling against the U.S. dollar traded during the Asian
session in a narrow range between the lowest level at 1.43509 and the
highest level at 1.44480, the pair is currently trading around the
level of 1.43694.
Finally the pair U.S. dollar against the Japanese Yen also traded in a
narrow range between the lowest level at 89.996 and the highest level
at 90.490 the pair trading now around the level of 90.186.
Market Expectations
EUR/USD :etermined indicators for the
pair Euro against the U.S. dollar show a negative signs which may lead
the pair to decline and retest the support level at 1.21750 then reach
the target of 1.20890, stability of trading below the level of 1.24260
is necessary to achieve these expectations.
GBP/USD :We expect today for the pair
Sterling against the U.S. dollar a small up correction to the level of
1.44450, and then decline again to the level of 1.42300, then to the
target of 1.41670, determined indicators support our expectations.
USD/JPY :We expect for the pair of
U.S. dollar against Japanese Yen a bearish intraday trend in overall
for today. Technical targets are at 89.100 then 88.570, where achieving
them need a daily closing remaining below 91.050.
Senior Analyst / Ali Hasan /FXCBS
Newsletter
Forex ECN Broker , Currency Online Trading , Low Spread , Free Trading Software
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