http://www.actionforex.com/ Thu, 09 Feb 2012 16:24:48 GMT FeedCreator 1.8.0-dev (info@mypapit.net) http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/O4xqB-uVAy8/ The 4H chart shows the pair bouncing off a 61.8% retracement level. Momentum has been ranging, but there is a slight bearish bias looking at the RSI levels in the 4H chart. The 1H RSI broke below 40 reflecting momentum of the current bearish attempt. The 1H chart shows that <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/gbp%10jpy-stalking-pullback-for-confirmation-20100712117607/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/O4xqB-uVAy8" height="1" width="1"/> Mon, 12 Jul 2010 13:16:25 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/gbp%10jpy-stalking-pullback-for-confirmation-20100712117607/ http://www.actionforex.com/articles-library/technical-analysis-articles/gbp%10jpy-stalking-pullback-for-confirmation-20100712117607/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/s6J0JD4MFBg/ Contrary to our expectations, Dollar-Swiss moved up in the Asian and the European sessions today. The pair has broken above the bearish channel on the daily charts and we may see it rise towards 1.0700-50 in the coming sessions over today and tomorrow. Though, the pair may trade sideways in <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/fx-thoughts-for-the-day-20100712117606/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/s6J0JD4MFBg" height="1" width="1"/> Mon, 12 Jul 2010 13:10:41 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/fx-thoughts-for-the-day-20100712117606/ http://www.actionforex.com/articles-library/technical-analysis-articles/fx-thoughts-for-the-day-20100712117606/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/FNG9nLMjH0E/ GBPUSD: Having halted its nearer term recovery at 1.5239, which started from its 2010 low at 1.1875 to close lower the past week, further extension of that weakness is presently seen targeting the 1.4872 level, its July 01&rsquo;10 low. A firm violation of there will push the pair further lower <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/gbpusd:-deepening-corrective-weakness-20100712117600/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/FNG9nLMjH0E" height="1" width="1"/> Mon, 12 Jul 2010 12:05:26 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/gbpusd:-deepening-corrective-weakness-20100712117600/ http://www.actionforex.com/articles-library/technical-analysis-articles/gbpusd:-deepening-corrective-weakness-20100712117600/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/RexU1Ve4Twk/ On Friday Dollar/Yen continued increasing slightly, matching the positive Interbank sentiment at nearly +20%. The currency couple rose from 88.37 to 88.74 on Friday, closing the week at 88.56. This morning ascending continued up to 89.13, from which point the pair started deep adjustment. On the 1 and 3 hour <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-usd%10jpy-20100712117592/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/RexU1Ve4Twk" height="1" width="1"/> Mon, 12 Jul 2010 10:07:25 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-usd%10jpy-20100712117592/ http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-usd%10jpy-20100712117592/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/BtraoapMOgA/ The JPY started lower into the new trading week and weakened versus all of its major counterparts as signs that the global economic recovery is still intact, damping demand for Japan's currency as a refuge. The EUR/JPY climbed near to a three-week high after Prime Minister Naoto Kan's party lost <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/daily-fx-report-20100712117587/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/BtraoapMOgA" height="1" width="1"/> Mon, 12 Jul 2010 09:52:01 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/daily-fx-report-20100712117587/ http://www.actionforex.com/articles-library/technical-analysis-articles/daily-fx-report-20100712117587/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/dagX-nWS5WE/ The EURUSD is currently trading at 1.2594 levels after touching a high of 1.2712 levels. It would confirm a major top once we see a break below 1.26 on a continuous basis. It has been moving higher due to good bond auctions in eurozone countries and poor US data <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-update-20100712117584/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/dagX-nWS5WE" height="1" width="1"/> Mon, 12 Jul 2010 09:46:26 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-update-20100712117584/ http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-update-20100712117584/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/zINbSXTasM8/ After partial recovery, on Friday Pound/Dollar started decreasing, in converse with the Interbank sentiment at nearly +14%. The Cable at first climbed to 1.5200 on Friday, from where it started descending down to 1.5054, closing the week at 1.5059. Today dropping continued. On the 1 hour chart the upward channel <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-gbp%10usd-20100712117578/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/zINbSXTasM8" height="1" width="1"/> Mon, 12 Jul 2010 09:11:18 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-gbp%10usd-20100712117578/ http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-gbp%10usd-20100712117578/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/Al_uDXzdUtw/ EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206. <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-analysis-20100712117577/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/Al_uDXzdUtw" height="1" width="1"/> Mon, 12 Jul 2010 09:02:48 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-analysis-20100712117577/ http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-analysis-20100712117577/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/QM6hjqQdn-M/ EUR/GBP Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area. Intraday: reached the 50% retracement above 0.84 figure and keeping up with the bullish ST trend. Keep riding the trend until there is a first sign of reversal, such as a daily close below 0.8300. <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/currency-crosses-pairs-analysis-20100712117576/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/QM6hjqQdn-M" height="1" width="1"/> Mon, 12 Jul 2010 08:54:39 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/currency-crosses-pairs-analysis-20100712117576/ http://www.actionforex.com/articles-library/technical-analysis-articles/currency-crosses-pairs-analysis-20100712117576/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/trsL82ZB8LI/ EURUSD The latest upleg off 1.2479, 06 July higher low, stalled at 1.2721 last Friday, ahead of reversal. Market is now approaching 1.2552, break of which would attract test of key 1.2479. Loss here would trigger fresh weakness and suggest a key lower top is in place. Upside, regain of <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/today%27s-market-outlook-20100712117573/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/trsL82ZB8LI" height="1" width="1"/> Mon, 12 Jul 2010 08:32:12 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/today%27s-market-outlook-20100712117573/ http://www.actionforex.com/articles-library/technical-analysis-articles/today%27s-market-outlook-20100712117573/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/Do-Y_JfDBvY/ The AUD/USD is reaching resistance around the 0.8800 level, where prices have previously exhausted: prior highs on the daily chart include 0.8777, 0.8781, and 0.8795. Friday's session for the AUD/USD traded in a tight range, with near-term support between 0.8723 and 0.8725. The current exhaustion seen on this short-term 15-minute <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/daily-forex-update:-aud%10usd-20100712117571/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/Do-Y_JfDBvY" height="1" width="1"/> Mon, 12 Jul 2010 08:24:44 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/daily-forex-update:-aud%10usd-20100712117571/ http://www.actionforex.com/articles-library/technical-analysis-articles/daily-forex-update:-aud%10usd-20100712117571/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/fyOA89Lhbcs/ Loss in value of dollar has been limited. Particularly it could be said that before reaching 1,2762 target selling transactions which has occured from 1,2726 support level was a bit early.However despite of this movements it wasn't an expected activity. During this day we are going to monitor how in <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/eur%10usd:-fall-started-from-1-,2726-support-level-20100712117570/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/fyOA89Lhbcs" height="1" width="1"/> Mon, 12 Jul 2010 08:20:38 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/eur%10usd:-fall-started-from-1-,2726-support-level-20100712117570/ http://www.actionforex.com/articles-library/technical-analysis-articles/eur%10usd:-fall-started-from-1-,2726-support-level-20100712117570/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/3B21vae0MMs/ The estimated test of key resistance range levels has been confirmed with conditions for implementation of the pre-planned short positions. OsMA trend indicator, having marked development of current bearish cycle, suggests holding of open short positions with the targets of 1,0500/20, 1,0460/80 and (or) further break-out variant up to 1,0400/20 <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-analytics-20100712117558/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/3B21vae0MMs" height="1" width="1"/> Mon, 12 Jul 2010 06:54:57 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-analytics-20100712117558/ http://www.actionforex.com/articles-library/technical-analysis-articles/forex-technical-analytics-20100712117558/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/hgJuThVxFjM/ EURUSD Comment: Hard won moves but the Euro has just managed a weekly close above the 9-week moving average and first Fibonacci resistance. This suggests it will consolidate around 1.2600 this week, possibly inching up to 1.2800, as we get used to these new fractionally higher levels <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/fx-technical-analysis-20100712117557/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/hgJuThVxFjM" height="1" width="1"/> Mon, 12 Jul 2010 06:52:39 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/fx-technical-analysis-20100712117557/ http://www.actionforex.com/articles-library/technical-analysis-articles/fx-technical-analysis-20100712117557/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/v8ZYa-g1EzY/ The pair neared 50% Fibonacci correction and bearishly reversed due to the effect of the negative signs appearing on momentum indicators. We can expect a base to be built on 1.2565 that represents the previously broken 38.2% Fibonacci correction that has currently turned into support, where it meets with SMA50. <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-for-major-currencies-20100712117556/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/v8ZYa-g1EzY" height="1" width="1"/> Mon, 12 Jul 2010 06:46:49 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-for-major-currencies-20100712117556/ http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-for-major-currencies-20100712117556/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/drc-eKT1j1g/ The GBP/JPY is still attacking the upper line of our suggested CT corrective structure very strongly and at the same time where Stochastic has just completed a bullish harmonic formation, accompanied by positive crossover. Thereby, we still see chances for completing the previous explained Elliott count. A break of 134.80 <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-for-crosses-20100712117555/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/drc-eKT1j1g" height="1" width="1"/> Mon, 12 Jul 2010 06:42:01 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-for-crosses-20100712117555/ http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-for-crosses-20100712117555/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/7jzjZytF9OQ/ The euro lost some ground against the buck on Friday as it couldn't hold gains near $1.27 after few failed attempts to break higher. Although short-term sentiment remains positive, downside pressure remains a bit high and a trip down to 1.2500 is possible. The last COT chart shows that net <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/daily-technical-outlook-20100712117552/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/7jzjZytF9OQ" height="1" width="1"/> Mon, 12 Jul 2010 06:30:23 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/daily-technical-outlook-20100712117552/ http://www.actionforex.com/articles-library/technical-analysis-articles/daily-technical-outlook-20100712117552/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/lcZqHt4V0r4/ The EURUSD break below the rising wedge formation earlier today in Asian session as you can see on h1 chart below. This fact could trigger further downside pressure testing 1.2550 and 1.2465/80 region. However note that we are still in upside correction phase. Immediate resistance at 1.2650 region. Consistent move <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/daily-technical-analysis-20100712117538/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/lcZqHt4V0r4" height="1" width="1"/> Mon, 12 Jul 2010 05:10:56 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/daily-technical-analysis-20100712117538/ http://www.actionforex.com/articles-library/technical-analysis-articles/daily-technical-analysis-20100712117538/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/2019uqgDVzM/ On Friday Euro/Dollar continued climbing at first, than dropped, loosing all gains for the last 2 days. The European currency appreciated to 1.2719 on Friday, in line the Interbank sentiment projection, at nearly +2%, than depreciated down to 1.2616, closing the week at 1.2635. This morning the pair continued weakening <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-eur%10usd-20100712117537/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/2019uqgDVzM" height="1" width="1"/> Mon, 12 Jul 2010 05:06:39 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-eur%10usd-20100712117537/ http://www.actionforex.com/articles-library/technical-analysis-articles/technical-analysis-daily:-eur%10usd-20100712117537/ http://feeds.actionforex.com/~r/actionforex/PaOZ/~3/JSNaC83Zw5g/ The Euro (1.2597) has come off sharply from Friday's high of 1.2722. With Resistance at 1.2675, there are good chances if seeing further fall towards 1.2500-2475 today. The Yen has weakened following the Japan's ruling party's failure to win the upper house election. Dollar-Yen (89.08) has risen above 89 and <p><a href="http://www.actionforex.com/articles-library/technical-analysis-articles/market-morning-briefing-20100712117535/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/PaOZ/~4/JSNaC83Zw5g" height="1" width="1"/> Mon, 12 Jul 2010 03:36:26 GMT http://www.actionforex.com/articles-library/technical-analysis-articles/market-morning-briefing-20100712117535/ http://www.actionforex.com/articles-library/technical-analysis-articles/market-morning-briefing-20100712117535/