by Thu, 23 Jul 2009 12:20:11 +0200
Deltastock Daily Fx Analysis
July 23, 2009
Current level- 1.6515
The pair is in an downtrend, after peaking at 1.6746. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4778 and 1.5510.
Yesterday's advance beyond 1.6382 and especially the break above 1.6416 did confirm a bottom at 1.6307 and the bias is positive for 1.6557. Intraday support comes at 1.6502 and a reversal around 1.6557 is to be expected, that should send the pair towards 1.63+ once again.
Full Article
Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Deltastock
Actualité du forex
Forex News
- Forex Trade 15 Feb, Jobless Claims Change, Euro-Zone Gross Domestic Product
- Middle East Tensions Lead to Increase in Price of Oil
- Euro-Zone Meeting May Lead to Heavy Trading Day
- USD Capitalizes on Euro-Zone, Japanese News
- BOJ Actions Cause Yen to Drop
- Le report des aides grecques fait trembler les marchés
- LEuro Reste Ferme Face Au Dollar Malgré LAnnonce DUn Report De LAide À La Grèce
- Les marchés résistent aux récentes dégradations des agences de notation
- Les tensions du Moyen Orient entraineront une augmentation du prix du pétrole
- La rencontre de l'Euro-Zone aura un impact assez lourd sur le marché