International Business News - Technical Analysis Reports http://www.ibtimes.com/rss/feed/techanalysis.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/techanalysis.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif On Monday Euro/Dollar decreased with 140 pips. The European currency depreciated from 1.3284 to 1.3144 yesterday, not matching the positive Interbank sentiment projection at +14%, closing the day at 1.3182. This morning the Euro is trading quietly, moving at the lower end of yesterday's range for now. On the 1 hour chart the upward channel has slowed down, while on the 3 hour the upward channel is making renewal attempts. Break above the nearest resistance and yesterday's top at 1.3284 may trigg... http://www.ibtimes.com/articles/20120214/eur-usd-consolidates-above315-now.htm http://www.ibtimes.com/articles/20120214/eur-usd-consolidates-above315-now.htm Tue, 14 Feb 2012 00:44:41 EST After breaking above the upper line of the price channel on 4-hour chart, USDCAD pulled back from 1.0038. Range trading between 0.9925 and 1.0038 would likely be seen in a couple of days. As long as 1.0038 level holds, the price action in the range could be treated as consolidation of the downtrend from 1.0318, and one more fall to 0.9800 is still possible. On the other side, a break above 1.0038 will confirm that the fall from 1.0318 had completed at 0.9925 already, then further rally could be ... http://www.ibtimes.com/articles/20120213/usdcad.htm http://www.ibtimes.com/articles/20120213/usdcad.htm Mon, 13 Feb 2012 21:47:02 EST Markets are correcting some of today\'s gains, where the EUR/USD pulled back to trade around 1.3250 level after printing a high at 1.3285. It\'s expected that the pair will hold above 1.3200 pivot today, as cautious optimism dominates after the Greek parliament backed the needed spending cuts as a pri... http://www.ibtimes.com/articles/20120213/mild-relief-on-cautious-optimisim.htm http://www.ibtimes.com/articles/20120213/mild-relief-on-cautious-optimisim.htm Mon, 13 Feb 2012 10:06:06 EST The euro rebounded to eight-week high versus the dollar as the approval of Greek austerity measures in the Parliament late on Sunday revived hopes Greece is now very close to receiving a second bailout worth 130 billion euros that would prevent the debt-mired nation from relapsing into default next ... http://www.ibtimes.com/articles/20120213/euro-rebounds-totwo-month-high-after-greek-parliament-approval-to-austerity-measures.htm http://www.ibtimes.com/articles/20120213/euro-rebounds-totwo-month-high-after-greek-parliament-approval-to-austerity-measures.htm Mon, 13 Feb 2012 08:06:06 EST The euro rebounded to eight-week high versus the dollar as the approval of Greek austerity measures in the Parliament late on Sunday revived hopes Greece is now very close to receiving a second bailout worth 130 billion euros that would prevent the debt-mired nation from relapsing into default next ... http://www.ibtimes.com/articles/20120213/euro-rebounds-to-two-month-high-after-greek-parliament-approval-to-austerity-measures.htm http://www.ibtimes.com/articles/20120213/euro-rebounds-to-two-month-high-after-greek-parliament-approval-to-austerity-measures.htm Mon, 13 Feb 2012 06:35:05 EST On Friday Dollar/Yen traded within narrow 30 pip range. The currency couple appreciated from 77.51 to 77.81 on Friday, not matching the negative Interbank sentiment at bellow -9%, closing the week at 77.56. This morning the Dollar is trading quietly against the Yen, moving within Friday's range for now. On the 1 hour chart new upward channel has formed, while on the 3 hour chart trading is within wide range. Break above Friday's top and nearest resistance 77.81 would encourage further recovery o... http://www.ibtimes.com/articles/20120213/usd-jpy-climbing-ready-renew.htm http://www.ibtimes.com/articles/20120213/usd-jpy-climbing-ready-renew.htm Mon, 13 Feb 2012 05:31:53 EST On Friday Pound/Dollar decreased with 120 pips. The Cable depreciated from 1.5850 to 1.5727 on Friday, in converse with the positive Interbank sentiment at over +43%, closing the week at 1.5750. Today the British Pound is making recovery attempts, with movements still within yesterday's range for the time being. On the 1 hour chart range trading is forming, while on the 3 hour chart the upward channel has slowed down. First resistance is Friday's peak at 1.5850. Break above it should extend the ... http://www.ibtimes.com/articles/20120213/gbp-usd-attempts-resume-uptrend.htm http://www.ibtimes.com/articles/20120213/gbp-usd-attempts-resume-uptrend.htm Mon, 13 Feb 2012 03:45:42 EST EUR/USD Buy at 1.3235 SL 1.3203 TP 1.3312 USD/JPY Buy at 77.56 SL 77.24 TP 78.28 GBP/USD Buy at 1.5777 SL 1.5745 TP 1.5865 USD/CHF Sell at 0.9136 SL 0.9168 TP 0.9052 today so far +60, total on Friday +124 pips http://www.ibtimes.com/articles/20120213/majors-daily-forecast-13-february-2012.htm http://www.ibtimes.com/articles/20120213/majors-daily-forecast-13-february-2012.htm Mon, 13 Feb 2012 03:05:51 EST Technical analysis for major currencies with major support, resistance levels and recommendations for 13-02-2012 http://www.ibtimes.com/articles/20120213/canadian-dollar-cad-technical-major-currencies-2012-02-13.htm http://www.ibtimes.com/articles/20120213/canadian-dollar-cad-technical-major-currencies-2012-02-13.htm Mon, 13 Feb 2012 02:27:04 EST Technical analysis for major currencies with major support, resistance levels and recommendations for 13-02-2012 http://www.ibtimes.com/articles/20120213/swiss-franc-chf-technical-major-currencies-2012-02-13.htm http://www.ibtimes.com/articles/20120213/swiss-franc-chf-technical-major-currencies-2012-02-13.htm Mon, 13 Feb 2012 02:27:04 EST Technical analysis for major currencies with major support, resistance levels and recommendations for 13-02-2012 http://www.ibtimes.com/articles/20120213/japanese-yen-jpy-technical-major-currencies-2012-02-13.htm http://www.ibtimes.com/articles/20120213/japanese-yen-jpy-technical-major-currencies-2012-02-13.htm Mon, 13 Feb 2012 02:27:04 EST Technical analysis for major currencies with major support, resistance levels and recommendations for 13-02-2012 http://www.ibtimes.com/articles/20120213/great-british-pound-gbp-technical-major-currencies-2012-02-13.htm http://www.ibtimes.com/articles/20120213/great-british-pound-gbp-technical-major-currencies-2012-02-13.htm Mon, 13 Feb 2012 02:27:04 EST Technical analysis for major currencies with major support, resistance levels and recommendations for 13-02-2012 http://www.ibtimes.com/articles/20120213/euro-technical-major-currencies-2012-02-13.htm http://www.ibtimes.com/articles/20120213/euro-technical-major-currencies-2012-02-13.htm Mon, 13 Feb 2012 02:27:03 EST Technical Cross Report - Euro vs. Great British Pound (2012-02-13) http://www.ibtimes.com/articles/20120213/euro-vs-great-british-pound-2012-02-13.htm http://www.ibtimes.com/articles/20120213/euro-vs-great-british-pound-2012-02-13.htm Mon, 13 Feb 2012 01:59:03 EST Technical Cross Report - Euro vs. Japanese Yen (2012-02-13) http://www.ibtimes.com/articles/20120213/euro-vs-japanese-yen-2012-02-13.htm http://www.ibtimes.com/articles/20120213/euro-vs-japanese-yen-2012-02-13.htm Mon, 13 Feb 2012 01:59:03 EST Technical Cross Report - Great British Pound vs. Japanese Yen (2012-02-13) http://www.ibtimes.com/articles/20120213/great-british-pound-vs-japanese-yen-2012-02-13.htm http://www.ibtimes.com/articles/20120213/great-british-pound-vs-japanese-yen-2012-02-13.htm Mon, 13 Feb 2012 01:59:02 EST On Friday Euro/Dollar decreased with 140 pips on Greek debt uncertainty. The European currency depreciated from 1.3291 to 1.3154 on Friday, not matching the positive Interbank sentiment projection at above +18%, closing the week at 1.3192. This morning the Euro is making recovery attempts, moving within Friday's range for now. On the 1 hour chart the upward channel has slowed down, while on the 3 hour the upward channel has resumed. Break above the nearest resistance and Friday's top at 1.3291 m... http://www.ibtimes.com/articles/20120213/eur-usd-resumes-recovery-as-greece-approves-austerity-bill.htm http://www.ibtimes.com/articles/20120213/eur-usd-resumes-recovery-as-greece-approves-austerity-bill.htm Mon, 13 Feb 2012 00:44:27 EST USDCHF has formed a cycle bottom at 0.9088 on 4-hour chart. Range trading between 0.9088 and 0.9262 would likely be seen in a couple of days. Key resistance is at 0.9262, as long as this level holds, the price action in the range is treated as consolidation of the downtrend from 0.9594, and one more fall towards 0.9000 is still possible. However, a break above 0.9262 will indicate that the downtrend from 0.9594 has completed at 0.9088 already, then further rise towards 0.9594 previous high could... http://www.ibtimes.com/articles/20120212/usdchf.htm http://www.ibtimes.com/articles/20120212/usdchf.htm Sun, 12 Feb 2012 21:11:07 EST After announcing that Greek official leaders agreed on a draft for the austerity measure needed for the country to get hold of the bailout yesterday; some thought that this annoying story is about to set a short term tentative end, unfortunately the euro finance ministers had something else to say e... http://www.ibtimes.com/articles/20120210/its-not-the-end-yet-greece-weighs-once-more.htm http://www.ibtimes.com/articles/20120210/its-not-the-end-yet-greece-weighs-once-more.htm Fri, 10 Feb 2012 10:06:03 EST The euro fell from eight-week high versus the dollar and tumbled against majors on worries the deals with international lenders and private-sector bondholders are not finalized yet. Although Greek Prime Minister Lucas Papademos and three political party leaders agreed on measures demanded by lenders... http://www.ibtimes.com/articles/20120210/euro-falls-from-two-month-high-on-worries-greek-deals-are-not-finalized-yet.htm http://www.ibtimes.com/articles/20120210/euro-falls-from-two-month-high-on-worries-greek-deals-are-not-finalized-yet.htm Fri, 10 Feb 2012 07:06:03 EST