Moving Averages Are Not So Average by GoLearn Forex

by GoLearnForex.net | November 30, 2009 12:59 pm
Moving Averages – they are not so averageEUR/USD and USD/CHFOn Thursday of last week we saw the EUR and CHF finally break near term resistance.  The EUR cleanly sliced through 1.50 and took out near term resistance...

Forexpros.com Daily Analysis – 30/11/2009

by forexpros.com | November 30, 2009 12:28 pm
Forexpros Daily Analysis Nov 30, 2009 ISM Manufacturing Index The U.S. Institute of Supply Management (ISM) will publish its monthly Manufacturing Index tomorrow (Dec 1).

USDCAD Analysis – November 28, 2009

by ForexCycle.com | November 28, 2009 10:25 am
USDCAD traded in range between 1.0416 and 1.0852. As long as 1.0852 resistance holds, we’d expected downtrend to resume and another fall towards 1.000 would more likely be seen. Only rise above 1.0852 will indicate lengthier correction...

USDCHF Analysis – November 28, 2009

by ForexCycle.com | November 28, 2009 10:25 am
USDCHF stays in a falling price channel on daily chart and remains in downtrend from 1.1021. As long as the channel resistance holds, downtrend is expected to continue and deeper decline towards 0.9850 is still possible next...

USDJPY Analysis – November 28, 2009

by ForexCycle.com | November 28, 2009 10:24 am
USDJPY dropped sharply and broke below 87.12 (Jan 21 low). However, the fall from 101.43 is limited by the lower border of falling price channel on daily chart. Range trading between 84.82 and 90.00 would more likely...

AUDUSD Analysis – November 28, 2009

by ForexCycle.com | November 28, 2009 10:23 am
AUDUSD breaks below support of the lower border of rising price channel on daily chart, suggesting that the upward trend from 0.7703 may have completed at 0.9404, and the following pullback could take price to 0.8500 zone,...

GBPUSD Analysis – November 28, 2009

by ForexCycle.com | November 28, 2009 10:22 am
GBPUSD might be forming a cycle top at 1.6875 level on daily chart. Key support is located at 1.6251, a breakdown below this level will confirm the cycle top and indicate that the rise from 1.5708 has...

EURUSD Analysis – November 28, 2009

by ForexCycle.com | November 28, 2009 10:20 am
EURUSD stays in a rising price channel on daily chart. Uptrend is expected to continue next week as long as channel support holds, and next target would be at 1.5200-1.5250 area. On the other side, key support...

USD/JPY 86.61 – 27 November 2009

by iFOREX.bg | November 27, 2009 11:54 am
USD/JPY Open 85.10 High 87.46 Low 84.89 Close 86.52On Thursday Dollar/Yen continued the downward movement, reaching a bottom at 84.89, and closing the day at 86.52. Of the 3 hour chart the currency couple broke down the...