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Previous Analysis Of The Eur/usdTitle:
Dukascopy Afternoon Forex Overview : 01/12/2011
Fundamental Analysis
EUR
French and Spanish bonds extended gains on Thursday's auction as six central banks cut dollar borrowing costs creating additional funds while China eased its monetary restraints. Spanish 5-year note yield declined to 28 b.p. to 5.58% and French 10 year bond yields dropped 21 b.p. to 3.18%. Spain managed to sell all planned amount worth $5.1 bn.
USD
The number of Americans who filed claims for unemployment allowances increased more than predicted during previous week. According to Labour Department figures, jobless applications jumped by 6000 reaching 402,000 last week which included Thanksgiving day. In contrast the economists surveyed by Bloomberg predicted decline to 390,000. Russel Price, Ameriprise Financial Inc's economist said, companies still are hiring ...
Title:
Dukascopy Morning Forex Overview : 01/12/2011
Fundamental Analysis
EUR
"The purpose of these actions is to ease strains in financial markets"
- The Federal Reserve System
The Federal Reserve Wednesday decreased dollar borrowing costs for European central banks by cutting rate on existing U.S. dollar liquidity swap arrangements by 50 basis points, or 0.5 percent. This action will provide cheaper dollar liquidity for financial companies.
USD
"Things are getting better for the economy"
- Robert Brusca, chief economist at Fact & Opinion Economics
The number of Americans, who have found a job in a private sector in November rose to 206 thousand from 130 thousand the previous month, the ADP Employer Services said on Wednesday. Economists expected the figure to increase to 131 thousand.
GBP
"What matters is the long-term trend , and ...
Title:
Technical analysis of the EUR/USD pair on December 1st, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has started yesterday a strong bullish rally, validating a return above 1.34.
The pair then met resistance on 1.35 but also on the upper band of its bearish channel (purple line).
All indicators are now bullish.
We are neutral on the pair between 1.34 and 1.35.
We advise to wait an exit of this range to take position:
- Long if 1.35 is broken (and so an exit of its bearish channel will be validated too). The breakout of 1.36 will give a new buy signal
- Short if 1.34 is broken. The breakout of 1.33 will give a new sell signal.
See the previous analysis of the EUR/USD pair of November 30th, 2011
EUR/USD Analysis
Title:
Technical analysis of the EUR/USD pair on November 30th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has faked yesterday the breakout of the resistance at 1.34 and is currently trying to make a return below 1.33.
The pair is still moving into a baerish channel (purple line).
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1.34 is resistance.
The breakout of 1.32 will give a new sell signal and open the way towards 1.31.
In case of return above 1.34, we will wait the breakout of 1.35 to advise long positions.
See the previous analysis of the EUR/USD pair of November 29th, 2011
EUR/USD Analysis
Title:
Technical analysis of the EUR/USD pair on November 29th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has rebounded yesterday until 1.34 as resistance.
Then, the pair felt towards 1.33.
The pair is now moving between these two levels and is still moving into its bearish channel (purple lines).
Indicators stay globaly bearish.
We maintain to trade only short positions as far as 1.34 is resistance.
A return below 1.33 will comfort our bearish feeling.
The breakout of 1.32 will give a new sell signal and open the way towards 1.31.
In case of return above 1.34, we will wait the breakout of 1.35 to advise long positions.
See the previous analysis of the EUR/USD pair of November 28th, 2011
EUR/USD Analysis
Title:
Technical analysis of the EUR/USD pair on November 28th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD is opening the week on a bullish gap, allowing to validate a return above 1.33.
The pair is still moving into its bearish channel (purple lines).
All indicators are bullish.
We maintain to trade only short positions as far as 1.34 is resistance.
A return below 1.33 will comfort our bearish feeling.
The breakout of 1.32 will give a new sell signal and open the way towards 1.31.
In case of return above 1.34, we will wait the breakout of 1.35 to advise long positions.
See the previous analysis of the EUR/USD pair of November 25th, 2011
EUR/USD Analysis
Title:
SunBirdFX Daily Market Analysis : 11/25/2011
www.sunbirdfx.com
The Financial markets were numb yesterday since the US stock markets were closed for Thanksgiving Day. As we estimated, the momentum of the USD was lower for a while, but at the end of the day, we have not seen any significant correction in any of the major pair.
Since most of the pairs have not made any significant movement yesterday, in this analysis we will discuss some of the trade-ideas that were brought-up here during the week and learn why they were a success. The most important thing that is common to all of our chief analyst's trade-ideas is that he spotted the change in the US stock market and started looking at the USD's direction in almost every pair.
EUR/USD
On the previous weekly analysis, when the pair traded around 1.375-1.38 we estimated that if it ...
Title:
Technical analysis of the EUR/USD pair on November 25th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD made yesterday a pullback on 1.34 as resistance and is now testing the support at 1.33.
The pair is still moving into its bearish channel (purple lines).
All indicators are bearish.
We maintain to trade only short positions as far as 1.3450 is resistance.
The breakout of 1.33 will give a new sell signal and open the way towards 1.32.
In case of return above 1.3450, we will wait the breakout of 1.36 to advise long positions.
See the previous analysis of the EUR/USD pair of November 24th, 2011
EUR/USD Analysis
Title:
Technical analysis of the EUR/USD pair on November 24th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has validated yesterday the breakout of 1.3450 and 1.34, giving both a new sell signal.
The pair just found support on the lower band of its bearish channel (purple line).
The pair is currently testing a pullback on 1.34.
All indicators are bearish.
We maintain to trade only short positions as far as 1.35 is resistance.
The breakout of 1.33 will give a new sell signal and open the way towards 1.32.
In case of return above 1.35, we will wait the breakout of 1.36 to advise long positions.
See the previous analysis of the EUR/USD pair of November 23th, 2011
EUR/USD Analysis
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