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Currency Majors Technical Analysis

By Jan 06, 2008 07:00PM ET

www.investing.com/analysis/technical/currency-majors-technical-analysis-3241

By | Jan 06, 2008 07:00PM ET

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Asian Session

EUR/USD - Euro Dollar

1,4690. EUR USD is in a range between 1,4665 and 1,4830. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,4730 - 1,4760

Supports

1,4665 - 1,4600

GBP/USD - British Pound Dollar

1,9695. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a resistance below 1,9750.
=> We could take a short position at 1,9715. We will put the stop loss above 1,9755 (-40 pips). The targets are 1,9600 (+115 pips) 1,9500 (+215 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,9730 - 1,9750

Supports

1,9680 - 1,9650

AUD/USD - Australian Dollar US Dollar

0,8717. AUD USD broke 0,8750 support. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The price should find a resistance below 0,8750. The downtrend should continue to gather momentum.
=> We could take a short position at 0,8725. We will put the stop loss above 0,8760 (-35 pips). The targets are 0,8650 (+75 pips) 0,8600 (+125 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

0,8750 - 0,8790

Supports

0,8700 - 0,8640

EUR/AUD - Euro Australian Dollar

1,6824. EUR AUD is in a consolidation after the last bullish movement. There is an horizontal range between 1,6790 and 1,6930. Support and resistance are given by Bollinger bands. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,6930 - 1,6950

Supports

1,6790 - 1,6680

Add a Comment

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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1D1W1M6M1Y5YMax

US 30	40,979.9	-1245.4	-2.95%
US 500	5,462.4	-208.5	-3.68%
Dow Jones	42,225.32	+235.36	+0.56%
S&P 500	5,670.97	+37.90	+0.67%
Nasdaq	17,601.05	+151.15	+0.87%
S&P 500 VIX	26.81	+5.30	+24.64%
Dollar Index	101.367	-2.124	-2.05%

Crude Oil WTI	66.52	-5.19	-7.24%
Brent Oil	69.93	-5.02	-6.70%
Natural Gas	4.126	+0.071	+1.75%
Gold	3,087.19	-79.01	-2.50%
Silver	31.995	-2.655	-7.66%
Copper	4.8628	-0.1777	-3.53%
US Soybeans	1,007.75	-20.25	-1.97%

U.S. 10Y	4.033	-0.162	-3.86%
U.S. 30Y	4.447	-0.104	-2.29%
U.S. 5Y	3.775	-0.178	-4.50%
U.S. 3M	4.298	-0.014	-0.32%
US 10Y T-Note	112.61	+1.11	+0.99%
Euro Bund	129.79	+0.71	+0.55%
10-2 Yield Spread	31.32	+4.15	+15.27%

Apple	223.89	+0.70	+0.31%
NVIDIA	110.42	+0.27	+0.25%
Alphabet A	157.04	-0.03	-0.02%
Tesla	282.76	+14.30	+5.33%
Amazon.com	196.01	+3.84	+2.00%
Netflix	935.52	+7.14	+0.77%
Meta Platforms	583.93	-2.07	-0.35%

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FED	4.50%	May 07, 2025
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BOE	4.50%	May 08, 2025
SNB	0.25%	Jun 19, 2025
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Currency Majors Technical Analysis

Asian Session

EUR/USD - Euro Dollar

GBP/USD - British Pound Dollar

AUD/USD - Australian Dollar US Dollar

EUR/AUD - Euro Australian Dollar

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