EUR/USD: Technical AnalysisTargets for a descent, mentioned previously had been reached. After a resistance test, level 1.3110/20 was breached and the trading went down to 1.3020/30. After a slight pullback down, the pair currently resides at 1.3050/60. Indicators prefer the “bullish” trend, and so further descending is a possibility. Support 1.3020/00 breakout will indicate a further downward movement to support 1.2870, which had lately been…
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Added by Forex4you on August 11, 2010 at 8:15am —
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ForexPros Daily Analysis August 11, 2010
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Expert: Kris Matthews
When: Thu, August 12, 2010, 11:00a.m. GMT
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Added by forexpros on August 11, 2010 at 6:32am —
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EUR/USD: Technical Analysis Prices are falling sharply after making new highs on Friday. Given we witnessed an Elliot ‘5th wave failure’ at the highs it is likely prices will drop to below the former lows, probably to at least 1.3105 before consolidating. If prices fail to break the 1.3135 lows however and then start to rally strongly then it may be a new uptrend has already begun, which could take prices to new highs – but this interpretation…
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Added by Forex4you on August 11, 2010 at 1:17am —
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ForexPros Daily Analysis August 10, 2010
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When: Thu, August 12, 2010, 11:00a.m. GMT
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Added by forexpros on August 10, 2010 at 6:22am —
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ForexPros Daily Analysis August 09, 2010
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Expert: Kris Matthews
When: Thu, August 12, 2010, 11:00a.m. GMT
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Added by forexpros on August 9, 2010 at 9:26am —
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EUR/USD: Technical AnalysisThe “bullish” moods proved to be dominating, and the price has breached resistance 1.3270, tested level 1.3330/35 and now resides at 1.3270, which serves as the evidence of a strong support level. Indicators still show further growth, but with some weakening. MACD keeps on forming “bearish” divergence warning of a possible pullback down. If attempts to continue growth follow, the above mentioned resistance level 1.3380…
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Added by Forex4you on August 9, 2010 at 8:07am —
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EUR/USD: Technical AnalysisThe price is still consolidating in a sideways range between the levels 1.3270/50 - 1.3110/20. The trading is now carried on at 1.3200/10. Having made attempts to show an upward movement, indicators are now neutral. Such state of events will obviously preserve till the beginning of an American session, when the US labor report comes out. Technically, the price is still in the uptrend channel, and “bullish” positions…
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Added by Forex4you on August 6, 2010 at 7:35am —
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EUR/USD: Technical AnalysisAssumptions that the price will test support 1.3110/20, the uptrend line (red lines), came true. The trading has tested level 1.3113 and is now pulling back upwards and being carried on at level 1.3160/70. Indicators show a downtrend, but hint of a possible reversal, especially for R%, which hadn’t managed to descend to the oversold zone. So, the price is likely to return to the resistance 1.3250/70 and attempts to…
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Added by Forex4you on August 5, 2010 at 8:00am —
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ForexPros Daily Analysis August 05, 2010
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When: Thu, August 12, 2010, 11:00a.m. GMT
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Added by forexpros on August 5, 2010 at 7:51am —
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ForexPros Daily Analysis August 04, 2010
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When: Thu, August 12, 2010, 11:00a.m. GMT
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Added by forexpros on August 4, 2010 at 8:16am —
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EUR/USD: Technical AnalysisThe price raised to 1.3270/60, as it was previously expected, and pulled back downwards, having met the resistance. Trading is now carried on at levels 1.3200/1.3190. Indicators are changing again, and R% prefers a downward movement at the moment, leaving the "overbought" levels. MACD stopped raising the bar charts and now keeps on forming divergence. Generally speaking, there were no significant changes, and the…
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Added by Forex4you on August 4, 2010 at 7:30am —
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EUR/USD: Technical AnalysisThe market is following an uptrend line, and the price not only reached 1.3200 level, mentioned in the previous commentary, it went even further and the trading is now carried on at level 1.3230. Indicators restored their “bearish” way, MACD is rising, creating divergence, which brings this growth into a question. The price is likely to continue its growth and resistance level 1.3270 will be a big challenge for the…
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Added by Forex4you on August 3, 2010 at 7:26am —
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ForexPros Daily Analysis August 03, 2010
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When: Thu, August 12, 2010, 11:00a.m. GMT
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Added by forexpros on August 3, 2010 at 6:26am —
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ForexPros Daily Analysis August 02, 2010
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Added by forexpros on August 2, 2010 at 7:35am —
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ForexPros Daily Analysis July 29, 2010Free webinar on ForexPros - Let's do some simple Trend TradingExpert: Kellie Durazo
When: Tue, August 17, 2010, 10:00a.m. ET
Why spend hours analyzing charts when you can learn a few simple trading
strategies that are effective and easy to learn.
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Added by forexpros on July 29, 2010 at 7:34am —
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GBP/USD: Technical AnalysisThe basic assumption, that the growth rate would project around 1.5500, came true. As a part of alternative scenario, which provides a more average picture and allows some divergence, it’s also helpful to retrace the breach of current downtrend.
As of the end of July, the pair is trading at the threshold of important resistance 1.5500. In case the price fails to fix at this level, it will create a negative around…
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Added by Forex4you on July 28, 2010 at 7:41am —
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ForexPros Daily Analysis July 28, 2010
Free webinar on ForexPros - Let's do some simple Trend Trading
Expert: Kellie Durazo
When: Tue, August 17, 2010, 10:00a.m. ET
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During this webinar, Kellie… Continue
Added by forexpros on July 28, 2010 at 6:20am —
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EUR/USD: Technical AnalysisPrevious projections that the “bulls” are stronger in the current situation proved to be correct. The price ascended to the earlier mentioned aim at 1.3000/30 and now resides at 1.2998/1.3000. Indicators anticipate growth, but special attention should be given to MACD divergence, which alerts of a possible large scale pullback down. A breakout of a tested range 1.3000/30 will result in the rise to the levels…
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Added by Forex4you on July 28, 2010 at 2:21am —
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ForexPros Daily Analysis July 27, 2010
Free webinar on ForexPros - Let's do some simple Trend Trading
Expert: Kellie Durazo
When: Tue, August 17, 2010, 10:00a.m. ET
Why spend hours analyzing charts when you can learn a few simple trading
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Added by forexpros on July 27, 2010 at 6:33am —
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ForexPros Daily Analysis July 26, 2010
Free webinar on ForexPros - Let's do some simple Trend Trading
Expert: Kellie Durazo
When: Tue, August 17, 2010, 10:00a.m. ET
Why spend hours analyzing charts when you can learn a few simple trading
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During this webinar, Kellie… Continue
Added by forexpros on July 26, 2010 at 6:20am —
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