Senin, 03 Maret 2008

Currency Majors Technical Analysis

Tue, Mar 4 2008, 05:59 GMT

Mataf.net


European Session

EUR/USD - Euro Dollar

1,5186. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5150. The uptrend should continue to gather momentum. The target is expected at 1,5400 (210 pips).

Resistances

1,5215 - 1,5260

Supports

1,5180 - 1,5150

more information on EUR/USD - Euro Dollar Click Here


GBP/USD - British Pound Dollar

1,9849. GBP USD is in a range between 1,9785 and 1,9950. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,9860 - 1,9950

Supports

1,9820 - 1,9785


more information on GBP/USD - British Pound Dollar Click Here

USD/JPY - Dollar Yen

103,40. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 103,70 / 104,00. The downtrend should continue to gather momentum. The target is expected at 102,00.

Resistances

103,70 - 104,00

Supports

103,20 - 102,60

more information on USD/JPY - Dollar Yen Click Here



Tidak ada komentar: