Major Currencies

By Mar 23, 2008 08:00PM ET

www.investing.com/analysis/an%C3%A1lise-forex---eur-usd,-usd-jpy:-momento-de-baixa.-5484

Major Currencies

By | Mar 23, 2008 08:00PM ET

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EURO

The European currency consolidated at the key support area around 1.5420s in a declining volume to indicate the tendency to the downside for today until the levels of 1.5300s.

The trading range for today might be between the key resistance level at 1.5550 and the key support level at 1.5300.

The general trend is up as far as 1. 4260 remains intact targets now at 1.6080 and 1.6360.

Support	1.5409	1.5387	1.5363	1.5340	1.5317
Resistance	1.5435	1.5453	1.5487	1.5500	1.5524
Recommendation	We expect selling Euro below 1.5450 with a target at 1.5320, stop loss above 1.5490

GBP

The British pound last week fluctuated with tendency to the downside direction as the pound couldn't breach the important resistance level at 1.9880s to hit the support at 1.9800s. Today we expect the pound to progress in the downside correction until the levels of 1.9700s.

The trading range for today might be between the key resistance level at 2.0000 and the key support level at 1.9600.

The general trend is down as far as 2.0200 remains intact targets now at 1.9230 and 1.8700.

Support	1.9790	1.9771	1.9748	1.9724	1.9703
Resistance	1.9820	1.9842	1.9870	1.9895	1.9912
Recommendation	We expect selling sterling below 1.9850 with a target at 1.9720 stop loss above 1.9895

JPY

The dollar against the Japanese yen last week jumped in the upside direction above the ascending trend line. Therefore, we expect the pair today to progress in the upside direction again.

The trading range for today will be between the key resistance at 101.80 and the key support at 96.80.

The general trend is down as far as 109.00 remains intact, targets at 92.40and 90.00.

Support	98.86	98.66	98.45	98.24	98.08
Resistance	99.20	99.48	99.70	99.90	100.17
Recommendation	We expect buying USD/JPY above 99.25 with a target at 100.45, stop loss below 98.80

CHF

The dollar against the SWISS Frank last week moved with the upside trend line to form some bullish patterns to take the pair today in the upside direction until the significant resistance level at 1.0170. Nevertheless, this move could be valid on the short-term only.

The trading range for today will be between the key resistances at 1.0200 the key support at 0.9800.

The general trend is down as far as 1.1000 remains intact, targets at 0.9670 and 0. 9370.

Support	1.0075	1.0050	1.0028	1.0011	0.9978
Resistance	1.0104	1.0123	1.0155	1.0177	1.0198
Recommendation	We expect buying USD/CHF above 1.0075 with a target at 1.0160, stop loss below 1.0030

CAD

The dollar against the Canadian last week rallied in the upside direction with high levels of volume to get over the major resistance level at 1.0000. However, today the pair showed some downside tendency.

The trading range for today will be between the key resistance at 1.0350 and the key support at 1.0150.

The general trend is down as far as 1.0700 remains intact, targets will be 0.9030 and 0.8840.

Support	1.0230	1.0210	1.0185	1.0160	1.0146
Resistance	1.0255	1.0275	1.0300	1.0322	1.0350
Recommendation	...

Daily Technical Strategy By Lloyds TSB Corporate Markets - Jan 05, 2009

EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,...

Technical oscillators supporting the~bullish trend for the USD/CHF... By Finotec - Jan 05, 2009

USD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend...

January 06 analysis By Investija - Jan 05, 2009

In this PDF you will find the latest technical analysis published by Forex Trends

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Central Banks

Interest Rates

Next Meeting

FED

4.50%

Mar 19, 2025

ECB

2.90%

Mar 06, 2025

BOE

4.50%

Mar 20, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.10%

Apr 01, 2025

BOC

3.00%

Mar 12, 2025

RBNZ

3.75%

Apr 09, 2025

BOJ

0.50%

Mar 19, 2025

CBR

21.00%

Mar 21, 2025

RBI

6.25%

Mar 10, 2025

PBOC

3.10%

BCB

13.25%

Mar 19, 2025

US 30	43,257.0	-177.3	-0.41%
US 500	5,868.5	-87.7	-1.47%
Dow Jones	43,240.14	-192.98	-0.44%
S&P 500	5,861.70	-94.36	-1.58%
Nasdaq	18,544.42	-530.84	-2.78%
S&P 500 VIX	21.13	+2.03	+10.63%
Dollar Index	107.21	+0.88	+0.83%

Crude Oil WTI	70.13	+1.51	+2.20%
Brent Oil	73.35	+1.28	+1.78%
Natural Gas	3.939	-0.020	-0.51%
Gold	2,887.95	-42.65	-1.46%
Silver	31.565	-0.707	-2.19%
Copper	4.5940	+0.0075	+0.16%
US Soybeans	1,024.75	-0.25	-0.02%

U.S. 10Y	4.266	+0.017	+0.40%
U.S. 30Y	4.538	+0.031	+0.69%
U.S. 5Y	4.078	+0.001	+0.02%
U.S. 3M	4.306	+0.005	+0.12%
US 10Y T-Note	110.78	-0.06	-0.06%
Euro Bund	132.91	+0.24	+0.18%
10-2 Yield Spread	17.88	-1.73	-8.82%

Apple	237.30	-3.06	-1.27%
Alphabet A	168.50	-4.23	-2.45%
Tesla	281.95	-8.85	-3.04%
Amazon.com	208.74	-5.61	-2.62%
Netflix	963.07	-26.99	-2.73%
Meta Platforms	658.24	-15.46	-2.29%
Bank of America	44.12	+0.18	+0.41%

Major Currencies

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