Posts Tagged ‘moving averages’
FX Technical Analysis
September 8th, 2010
EURUSD Comment: Retreating into a good-sized daily Ichimoku 'cloud' after stalling ahead of the 26-day moving average. A mixed picture as moving averages suggest a short position but 50% Fibonacci retracement support propped up the Euro for the last two weeks. Momentum is no longer bullish and the Euro certainly
Ook interessant:
FX Technical Analysis
September 6th, 2010
EURUSD Comment: Weekly moving averages have crossed to a buy on the Ichimoku 'cloud' chart, another tiny signal that we are trying to form an interim low. Plenty of hazards on the way up though. Momentum is just bullish and the Euro certainly not overbought. Let's see if the Euro
Ook interessant:
FX Technical Analysis
September 3rd, 2010
EURUSD Comment: Consolidating in a tiny 'triangle' just above the top of the daily Ichimoku 'cloud' and above the 9-day moving average. Momentum is just bullish and we are trading at the 20 and 50-day moving averages. Let's see if the Euro can capitalise on these small bullish Technical points.
Ook interessant:
FX Technical Analysis
August 24th, 2010
EURUSD Comment: The Euro is likely to be under pressure again this week as it saw its lowest ever weekly closes against the yen and the Swiss franc on Friday. Against the US dollar it has retraced almost half of the gains since June and though moving averages have crossed
Ook interessant:
FX Technical Analysis
August 23rd, 2010
EURUSD Comment: The Euro is likely to be under pressure again this week as it saw its lowest ever weekly closes against the yen and the Swiss franc on Friday. Against the US dollar it has retraced almost half of the gains since June and though moving averages have crossed
Ook interessant:
FX Technical Analysis
July 21st, 2010
EURUSD Comment: Small signs of instability yesterday with a small 'spike high/bearish engulfing' candle at the first 61% Fibonacci retracement resistance. Allow for consolidation below yesterday's high at 1.3029 today and maybe until the end of the week. Hopefully moving averages and a very large daily Ichimoku 'cloud' will form
Ook interessant:
FX Technical Analysis
June 29th, 2010
EURUSD Comment: Holding in a tight range and moving averages have crossed to bullish though a large daily Ichimoku 'cloud' lies ahead. The Euro is not overbought and momentum is bullish.
Ook interessant:
FX Technical Analysis
June 25th, 2010
EURUSD Comment: Hovering and holding, no doubt to the annoyance of the many bears, trapped between a 'spike high' at 1.2490 and the moving averages which have crossed to bullish today. Note that on the ECB's Effective Exchange rate the Euro is trading exactly at its mean. Now let's see
Ook interessant:
FX Technical Analysis
June 24th, 2010
EURUSD Comment: Hovering at current levels, trapped between a 'spike high' at 1.2490 and the moving averages at 1.2290/1.2274 which might cross to bullish today. Now let's see if the so-called 'risk-off' idea can avoid simplistic knee-jerk reactions which involve rushing into the greenback. Momentum is bullish and the Euro
Ook interessant:
Currency Crosses Pairs Analysis
June 23rd, 2010
EUR/GBP Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area. Intraday: reached a high close to 0.8400 figure and broke through moving averages, favouring a slide towards 0.8210 reference.