August 2010 Blog Posts (37)

Forex4you Technical Analysis 13/08/10

EUR/USD: Technical Analysis

The price went down below 1.2870 and is likely to fix here, because attempts to get back upwards, above this level, which is now a resistance, are not successful. Such state of events can be considered a signal for a reverse in this pair to the “bearish” trend. Indicators show the “bearish” mood again, which gives even more foundation for the previous assumption. If so, support 1.2730/00 is going to be a big challenge… Continue

Added by Forex4you on August 13, 2010 at 8:20am — No Comments

Forex4you Technical Analysis 12/08/10

EUR/USD: technical Analysis

The euro pared some of yesterdays loses overnight but this morning began falling again. It is probable that it will continue to fall perhaps to support from the 38.2% Fibonacci line and the monthly pivot combined at the level of 1.2780. Demand there may cause a bounce or something more substantial. Additional downside could see prices reach lower to support at the 1.2690s.…

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Added by Forex4you on August 12, 2010 at 8:16am — No Comments

Forexpros.com Daily Analysis - 12/08/2010

ForexPros Daily Analysis August 12, 2010

Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, Aug 17, 2010, 10:00 EST

Why spend hours analyzing charts when you can learn a few simple trading

strategies that are effective and easy to learn. During this webinar, Kellie

Durazo… Continue

Added by forexpros on August 12, 2010 at 6:07am — No Comments

Forex4you Technical Analysis 11/08/10

EUR/USD: Technical Analysis

Targets 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… Continue

Added by Forex4you on August 11, 2010 at 8:15am — No Comments

Forexpros.com Daily Analysis - 11/08/2010

ForexPros Daily Analysis August 11, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 11, 2010 at 6:32am — No Comments

Forex4you Technical Analysis 10/08/10

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… Continue

Added by Forex4you on August 11, 2010 at 1:17am — No Comments

Forexpros.com Daily Analysis - 10/08/2010

ForexPros Daily Analysis August 10, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 10, 2010 at 6:22am — No Comments

Forexpros.com Daily Analysis - 09/08/2010

ForexPros Daily Analysis August 09, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 9, 2010 at 9:26am — No Comments

Forex4you Technical Analysis 09/08/10

EUR/USD: Technical Analysis

The “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… Continue

Added by Forex4you on August 9, 2010 at 8:07am — No Comments

Forex4you Technical Analysis 06/08/10

EUR/USD: Technical Analysis

The 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… Continue

Added by Forex4you on August 6, 2010 at 7:35am — No Comments

Forex4you Technical Analysis 05/08/10

EUR/USD: Technical Analysis

Assumptions 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… Continue

Added by Forex4you on August 5, 2010 at 8:00am — No Comments

Forexpros.com Daily Analysis - 05/08/2010

ForexPros Daily Analysis August 05, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 5, 2010 at 7:51am — No Comments

Forexpros.com Daily Analysis - 04/08/2010

ForexPros Daily Analysis August 04, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 4, 2010 at 8:16am — No Comments

Forex4you Technical Analysis 04/08/10

EUR/USD: Technical Analysis

The 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… Continue

Added by Forex4you on August 4, 2010 at 7:30am — No Comments

Forex4you Technical Analysis 03/08/10

EUR/USD: Technical Analysis

The 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… Continue

Added by Forex4you on August 3, 2010 at 7:26am — No Comments

Forexpros.com Daily Analysis - 03/08/2010

ForexPros Daily Analysis August 03, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 3, 2010 at 6:26am — No Comments

Forexpros.com Daily Analysis - 02/08/2010

ForexPros Daily Analysis August 02, 2010

Free webinar on ForexPros - How to Objectively Use Sentiment in Your Forex

Trading to Start Winning

Expert: Kris Matthews

When: Thu, August 12, 2010, 11:00a.m. GMT

Have you ever put a trade on after seeing the market run nicely in one

direction only to see the market immediately… Continue

Added by forexpros on August 2, 2010 at 7:35am — No Comments