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  1. #1
    alessio09 is offline Senior Member
    Join Date
    Jun 2009
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    162

    Default EUR/USD, USD/CHF New Analysis

    Our company would like to introduce you our latest forex technical analyses, including EUR/USD, USD/CHF pairs
    EUR/USD
    The pre-planned break-out variant for buyers has been implemented but with damage to achievement of anticipated targets. OsMA trend indicator, having marked close activity parity of both parties, as earlier, does not clarify the choice of planning priorities for today, nevertheless, gives grounds suggesting preservation of bullish trend in favor of buying planning. Hence and considering current cycle of bearish activity we can assume probability of rate return to close 1,4160/70, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 1,4210/20, 1,4240/60 and (or) further break-out variant up to 1,4300/20, 1,4360/80, 1,4460/1,4500. The alternative for sales will be below 1,4140 with the targets of 1,4080/1,4100, 1,4120/40, 1,4060/80.

    USD/CHF
    The pre-planned break-out variant for sales has been implemented, and achievement of anticipated targets is supported by trend of strengthening of bearish party activity level marked by OsMA trend indicator. Nevertheless, considering, in the bigger picture, close activity parity of both parties and current cycle of bullish activity we can assume probability of rate return to close 1,0720/30 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 1,0680/90, 1,0620/40, 1,0580/1,0600 and (or) further break-out variant up to 1,0520/40, 1,0460/80, 1,0400/20. The alternative for buyers will be above 1,0820 with the targets of 1,0860/80, 1,0920/40, 1,0980/1,1000.

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  2. #2
    Jenforex is offline Senior Member
    Join Date
    Aug 2008
    Posts
    190

    Default

    CHART ANALYSIS: EUR/USD

    The break of the descending trend line did follow through on Friday breaking as low as 1.41 before rebounding. The key break could set up at a test of the 1.4338 high for the year. To the downside, the bears need to see the 1.4000 level give way to gain confidence that the USD will continue to resist the sell-off.


  3. #3
    Jenforex is offline Senior Member
    Join Date
    Aug 2008
    Posts
    190

    Default

    AUD Updates

    The Australian Dollar rallied in the Forex market, after Australia's Central Bank governor fuelled speculation that they might be raising interest rates in the coming months.

    Reserve Bank Governor Glenn Stevens commented that the risks to the economy were more balanced and manageable, and that low interest rates could create a housing bubble crisis. This was the clearest sign that the ACB was through with its quantitative easing policy.

    At 11:15PM GMT, the Aussie was up .7% to the USD to .8275 after hitting an 11 month high of .8338. The Aussie was also up 1.1% to the Euro to 1.7117, up .3% to the Japanese Yen to 78.38 and up .4% to the New Zealand Dollar to 1.256.

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