.:::Forex Trading Signals:::.

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169.

Related posts

• No related posts.

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: new intraday support at 0,9045 appears to be holding bearish pressure in the pair which coincides with the main bullish trendline. Todays forecast: Ranging between 0,9045…

Related posts

• No related posts.

The pair managed to achieve the breach of resistance for the main descending channel while the daily closing is above it – resistance is currently at 1.3725 -. This closing makes us expect a possible bullish direction for this week targeting 1.3960 then 1.4090; requiring mainly the daily closing to…

Related posts

• No related posts.

EUR/USD Today’s support: - 1.3714 and 1.3680(main), where correction is possible. Break would give 1.3667, where correction also may be. Then follows 1.3644. Break of the latter would result in 1.3610. If a strong impulse, we would see 1.3583. Continuation will give 1.3567.

Related posts

• No related posts.

Euro 1.3760 Initial support at 1.3621 (Mar 11 low) followed by 1.3531 (Mar 5 low). Initial resistance is now located at 1.3839 (Mar 9 high) followed by 1.3903 (Feb 4 high)

Related posts

• No related posts.

Related posts

• No related posts.

include(’http://www.actionforex.com/resources/calendar/cal1.php?f=20100315′);

Related posts

• No related posts.

EUR having decisively broken and held above its Mar 03’10 high at 1.3735 has cleared the way for a move higher towards the 1.3787 level, its Feb 17’10 high. A clean penetration and negation of that level will leave the pair targeting its bigger resistance located at the 1.3838 level,…

Related posts

• No related posts.

: With our corrective recovery views panning out and pushing the pair from its intra day low at 1.4871(Mar 10’10) to close marginally higher last week, risk of further upside gains is likely. On the back of its current strength, we had earlier noted hammer candle formations (bottom reversal signal)…

Related posts

• No related posts.

There are some technical rumblings that reveal a short reversal in recent direction may happen, as global markets look for justification in taking out 2010 highs. That move would lead to some near-term Usd buying, and would be into short Usd near-term trends. This swing point may get messy as…

Related posts

• No related posts.