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Currency Majors Technical Analysis

By Feb 06, 2008 07:00PM ET

www.investing.com/analysis/technical/currency-majors-technical-analysis-4310

By | Feb 06, 2008 07:00PM ET

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Asian Session

EUR/USD - Euro Dollar

1,4481. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The target is expected at 1,4400 (80 pips).

Resistances

1,4500 - 1,4550

Supports

1,4440 - 1,4400

more information on EUR/USD - Euro Dollar Click Here

GBP/USD - British Pound Dollar

1,9425. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should consolidate. The price should find a support above 1,9400. If the resistance is broken then the target will be 1,9200 (225 pips).

Resistances

1,9500 - 1,9560

Supports

1,9400 - 1,9200

more information on GBP/USD - British Pound Dollar Click Here

USD/CAD - US Dollar Canadian Dollar

1,0095. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a resistance below 1,0130. The consolidation should continue. If the resistance is broken then the target will be 1,0350 (250 pips).

Resistances

1,0130 - 1,0160

Supports

1,0080 - 1,0025

more information on USD/CAD - US Dollar Canadian Dollar Click Here

EUR/CAD - Euro Canadian Dollar

1,4615. EUR CAD broke 1,4660 support. EUR CAD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 1,4500 (115 pips).

Resistances

1,4660 - 1,4700

Supports

1,4580 - 1,4500

more information on EUR/CAD - Euro Canadian Dollar Click Here

EUR/AUD - Euro Australian Dollar

1,6196. EUR AUD broke 1,6250 support. EUR AUD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue on 1,5800 support.

Resistances

1,6230 - 1,6275

Supports

1,6140 - 1,6100

more information on EUR/AUD - Euro Australian Dollar Click Here

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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	39,695.0	+101.3	+0.26%
US 500	5,287.3	+19.3	+0.37%
Dow Jones	39,593.66	-1014.79	-2.50%
S&P 500	5,268.05	-188.85	-3.46%
Nasdaq	16,387.31	-737.66	-4.31%
S&P 500 VIX	42.41	+1.55	+3.79%
Dollar Index	99.590	-1.020	-1.01%

Crude Oil WTI	60.25	+0.18	+0.30%
Brent Oil	63.51	+0.18	+0.28%
Natural Gas	3.467	-0.090	-2.53%
Gold	3,236.05	+58.55	+1.84%
Silver	31.430	+0.671	+2.18%
Copper	4.4588	+0.1223	+2.82%
US Soybeans	1,030.75	+1.75	+0.17%

U.S. 10Y	4.434	+0.042	+0.96%
U.S. 30Y	4.866	+0.018	+0.37%
U.S. 5Y	4.049	+0.012	+0.30%
U.S. 3M	4.315	-0.014	-0.32%
US 10Y T-Note	110.44	-0.16	-0.14%
Euro Bund	131.04	+0.74	+0.57%
10-2 Yield Spread	31.32	+4.15	+15.27%

Apple	190.42	-8.43	-4.24%
NVIDIA	107.57	-6.76	-5.91%
Alphabet A	152.82	-5.89	-3.71%
Tesla	252.40	-19.80	-7.27%
Amazon.com	181.22	-9.88	-5.17%
Netflix	921.17	-24.30	-2.57%
Meta Platforms	546.29	-39.48	-6.74%

	Interest Rates	Next Meeting
FED	4.50%	May 07, 2025
ECB	2.65%	Apr 17, 2025
BOE	4.50%	May 08, 2025
SNB	0.25%	Jun 19, 2025
RBA	4.10%	May 20, 2025
BOC	2.75%	Apr 16, 2025
RBNZ	3.50%	May 28, 2025
BOJ	0.50%	May 01, 2025
CBR	21.00%	Apr 25, 2025
RBI	6.00%	Jun 06, 2025
PBOC	3.10%
BCB	14.25%	May 07, 2025

Currency Majors Technical Analysis

Asian Session

EUR/USD - Euro Dollar

GBP/USD - British Pound Dollar

USD/CAD - US Dollar Canadian Dollar

EUR/CAD - Euro Canadian Dollar

EUR/AUD - Euro Australian Dollar

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