ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
If A PullbackTitle:
YouTradeFX Daily Market Analysis : 07/02/2012
Fundamental News:
Today's highlight;
· Fed Chairman Bernanke Testifies. (US, 15:00, GMT)
The EUR/USD is trading down at 1.3055 from early 1.3085, having been as low as 1.3028. European trading was a worrisome as investors could not decide what was happening. News from Greece was not promising.
Greece failed to agree on new austerity measures across political parties yesterday, a requirement for the proposed bailout to avoid default in March. There was some progress on bank ...
Title:
Windsor Brokers - Short Term Technical Analysis for Majors (14:30 GMT)
EUR/USD
Near-term price action shows the pair under pressure, after several unsuccessful attempts at 1.32 barrier. While daily Ichimoku cloud continues to cap the upside, focus remains at lower targets, as the pair tested near-term range floor at 1.3025 so far. Negative hourly studies see scope for test of 1.3000, figure support / Fib 38.2% of 1.2622/1.3232 upleg, ahead of next significant level at 1.2930, 25 Jan low / Fib 50%. Negative news from Greece, put additional pressure on Euro. Upside ...
Title:
Greek uncertainty pushes down euro as deadline nears
(Reuters) - The euro fell broadly on Monday on investor concern that Greek coalition parties had yet to sign off on the terms of a new bailout with a deadline imminent, keeping alive the risk of a messy default which could rock the currency bloc.
Greece's coalition members must tell the European Union by noon on Monday (5 a.m. ET) whether they accept the painful terms of a new bailout worth 130 billion euros, with euro zone ministers postponing a meeting planned for Monday due to the delay in ...
Title:
Windsor Brokers - Short Term Technical Analysis for Majors (08:00 GMT)
EUR/USD
Continues to move within 1.3025/1.3200 range, after repeated failure to reclaim previous peak at 1.3232. Near-term tone is showing the downside pressure, as the pair opened with gap lower and continues to move lower. Break below initial support and higher base at 1.3085/65, now looks for test of next levels at 1.3025/00, 01 Feb low / Fib 38.2% of 1.2622/1.3232 ascend, below which would question short-term bulls and open way for further retracement towards next significant support at 1. ...
Title:
Technical analysis of the EUR/JPY pair on February 6th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY has validated on friday a return above 100 points.
The pair is now going to test again this level as support after a pullback below 101.
On the short term, the pair got out of its bearish channel (black lines).
The pair is still moving above its long term bullish slant (purple line).
Indicators are globaly bearish.
We stay neutral on the pair between 100 and 101.
We advise to wait an exit of this range to take position:
- Long if 101 is broken. ...
Title:
Euro softens as Greek deadline looms
(Reuters) - The euro took something of a hit on Monday as Greek coalition parties dithered on approving the terms for a new bailout with a deadline just hours away.
Greece's coalition members must tell the European Union by noon on Monday (1000 GMT) whether they accept the painful terms of a new bailout worth 130 billion euros in order to avoid a disorderly default, with euro zone ministers postponing a meeting planned for Monday due to the delay in Athens.
"There are so many hurdles before ...
Title:
Asian stocks rise, U.S. jobs gain outweighs Greece
(Reuters) - Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.
Financial spreadbetters expected Britain's FTSE 100, Germany's DAX and France's CAC-40 to open about 0.2-0.5 percent lower.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent after climbing as much as 0.7 percent ...
Title:
RTFX Daily Forex Market comments : 02/06/2012
GBP – JPY
Currently uptrend should end around 121.15 - 121.45 area. A correction down to below 120.50 is expected. A rise above 121.81 will abort the expected correction.
EUR – USD
Corrective dips should ideally halt near 1.3106 or 1.3073 for one more thrust upwards towards 1.3176 - 1.3213 area or 1.3279 in extention. Fall below 1.3000 puts it back on a downward path.
USD – CHF Strength can extend to 0.9209 or even 0.9236 as declines are expected to find support at 0.9182 or 0.9155. ...
Title:
Weekly Economic and Financial Commentary : 05/02/2012
Weekly Economic and Financial Commentary : 05/02/2012
U.S. Review
Off to a Good Start for the Year
The employment report for January showed that 243,000 jobs were added with the unemployment rate declining slightly to 8.3 percent. The details of the report however, suggest that unseasonably warm weather may be playing a role in the stronger job gains.
The ISM-Manufacturing Index posted a marginal improvement in January as new orders jumped for the month. Export orders also posted a ...
|
||||||
