EUR/USD-lack of drive, in euro, US dollar looks at full throttle ...

Dollar fell to a different day against the euro and the yen before reports this week that may show United States housing market remains fragile, add to the signs that growth in the world's largest economy is declining. Anthony Boyajian
21 September 2010 print this article

The dollar fell for a second day against the euro and the yen before reports this week that can display the u.s. housing market is still fragile, add to the indications that the growth of the world's largest economy takes the American currency. approaching a six-week low versus the euro on the concern of the Central Bank will today confirm its promise to keep interest rates low for a "grace period" and the signal is open for increasing debt purchases. Yuan climbed to the highest level since 1993, after the President Barack Obama criticized China for not letting currency strength.

Trading Tactics

A lack of swing pattern could be an opportunity to sell EUR/USD.

A buyer point is on the 1.3180; former opposition is to take the profit on the 1.3310; The pivot point is the stop loss at 1.3075

A selling point is on the 1.3075;Fibonacci 38.2% is the take profit of 1.530;The pivot point is the stop loss at 1.3160

Technical: Euro constitutes a lower resistance and can start a minor downtrend.A lower back move could configure a test of 1.2960

To strengthen our analysis; we use many other indicators, starting with the MACD (moving average convergence divergence); MACD crosses the signal line we note down. momentum and RSI (Relative Strength Index) is in a downtrend; Stochastic oscillator is in bearish direction.

* Analysis is for information purposes only and does not constitute advice in any form. trading of financial products provides a high degree of risk to your capital and it is possible to lose more than your original investment.

By Finotecs professional analyst,

dealingdesk@finotec.com

EUR/USD (per hour chart)

Finotec Analysis Team
21 September 2010
Market review and analysis of the content on this site, including news, quotes, data and other information must be provided for your personal information only and is not intended as a recommendation for trading purposes, the content on this website does not provide any form of advice (investment, tax and legal) amounting to investment advice or recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.

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EUR/USD will start to the dollar bounce rate against the euro?

Dollar traded near a five-month low against the euro on speculation Central Bank officials will signal this week their readiness to take more credit easing steps.Anthony Boyajian
28 September 2010 print this article

The dollar traded near a five-month low against the euro on speculation Central Bank officials will signal this week their readiness to take several measures for easing of credit.Greenback was near a two-week low against the yen before reports forecast shows U.S. Home prices fell for the first time in four months and consumer confidence rose against the Yen weakened. 14 of its 16 major counterparties as Asian stock losses, boosted demand for Japan's currency as a safe haven. the Australian dollar was close to its strongest level in two years on the prospects of the Central Bank will raise benchmark interest rates next week.

Trading Tactics

A double top pattern could be an opportunity to sell EUR/USD.

A buyer point is on the 1.3520; former opposition is to take the profit on the 1.3640; Pivot point is the stop loss at 1.3410

A selling point is on the 1.3410;Fibonacci 38.2% is the take profit of 1.3290;former resistance is the stop loss at 1.3510

Technical:The euro represents a double top reversal pattern and can start a downtrend.A lower back move could configure a test of 1.3410

To strengthen our analysis; we use many other indicators, starting with the MACD (moving average convergence divergence); MACD crosses the signal line we note down. momentum and RSI (Relative Strength Index) is in a downtrend; Stochastic oscillator is in bearish direction.

* Analysis is for information purposes only and does not constitute advice in any form. trading of financial products provides a high degree of risk to your capital and it is possible to lose more than your original investment.

By Finotecs professional analyst,

dealingdesk@finotec.com

EUR/USD (per hour chart)

Finotec Analysis Team
28 September 2010
Market review and analysis of the content on this site, including news, quotes, data and other information must be provided for your personal information only and is not intended as a recommendation for trading purposes, the content on this website does not provide any form of advice (investment, tax and legal) amounting to investment advice or recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.

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USd/JPY-failure to drive in the US dollar looks JPY at full throttle.

The Bank of Japan's tankan survey will probably show a slower pace of improvement in business confidence, adding to pressure on decision-makers to counter gains in yen by injecting more cash in the economy. Anthony Boyajian
27 September 2010 print this article

Bank of Japan Tankan survey will probably show a slower pace of improvement in business confidence, adding to pressure on decision-makers to counter gains in yen by injecting more cash in the economy. A quarterly index of emotions on major manufacturers increased by 6 points in September, at least since March 19, 2009, according to economists surveyed by Bloomberg News median forecast.

Trading Tactics

A clear downtrend could be the opportunity to sell USD/JPY.

Point the buyer is on the 84.85; former opposition is take profit on 86.00; Fibonacci, 50% is the stop loss by 84.40

Selling point is on the 84.17;previous support is the take profit of 83.50;Fibonacci 38.2% is the stop loss by 84.75

Technical:USD/JPY forms a lower resistance level and continue the great downtrend.A lower back move could configure a test of the 83.50

To strengthen our analysis; we use many other indicators, starting with the MACD (moving average convergence divergence); MACD crosses the signal line we note down. momentum and RSI pointing downward. stochastic oscillator is in bearish direction.

* Analysis is for information purposes only and does not constitute advice in any form. trading of financial products provides a high degree of risk to your capital and it is possible to lose more than your original investment.

By Finotecs professional analyst,

dealingdesk@finotec.com

USD/JPY (per hour chart)

Finotec Analysis Team
27 September 2010
Market review and analysis of the content on this site, including news, quotes, data and other information must be provided for your personal information only and is not intended as a recommendation for trading purposes, the content on this website does not provide any form of advice (investment, tax and legal) amounting to investment advice or recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.

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EUR/USD-euro dollar slows down which, continue to accelerate the

Euro decreased from a six-month high against the dollar as the concern of the European Nations public debt reduced demand for the region's assets.Anthony Boyajian
04 October 2010 print this article

Buy a break on the resistance level of 1.3800Sell a break on the support level at 1.3700Buy a pause at the resistance level of 1.3820Sell a break on the support level at 1.3650Sell a failure to break the resistance 1.3800

Basic

The euro fell from a six-month high against the dollar as the concern of the European Nations public debt reduced demand for the region's assets.The single currency fell against 13 of the 16 major counterparts after the Financial Times reported on Ireland's budget deficits this year will be higher than the previous forecast and Nobel Prize-winning economist Joseph Stiglitz said of the future "looking bleak."

Technical

Technical analysis shows the euro can continue its uptrend. We note the demand on the market by means of indicators such as MACD, which shows the strength of the market. RSI is in an uptrend. Bollinger provides an offensive signal by closing the candle above middle band.

EUR/USD (daily chart)

The primary trend break the trend line up.

EUR/USD (4-hour chart)

The couple would continue the great uptrend.

EUR/USD (per hour chart)

The less bounces on the standard error channel trend line.

Resistance

1.3800 1.3820

Support

1.3700 1.3650

Finotec Analysis Team
04 October 2010
Market review and analysis of the content on this site, including news, quotes, data and other information must be provided for your personal information only and is not intended as a recommendation for trading purposes, the content on this website does not provide any form of advice (investment, tax and legal) amounting to investment advice or recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.

View the original article here