9/20 Forex Technical Analysis Reports (ActionForex.com)

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Forex Technical Analysis Reports (ActionForex.com) Usd/Jpy at 91.00 Support September 18, 2009 at 9:37 am Usd/Jpy is trading higher at the moment away from singificant Fibonacci support zone, threatening the upper resistance line and 91.62 wave IV) high at the same time. Any break of this resistance zone will confirm the higher wave A) leg that may find the top somewhere around the 38.2% Fibonacci... A Year of Euro Equals Yen Opportunity September 18, 2009 at 9:35 am From the summer of 2008 until now, the Eur/Usd and Usd/Jpy have traded in four very defined stages that may guide as to where traders can look for Jpy cross pair momentum, and may also provide window into the global fair value on the yen. During the last twelve months... GBP/USD Breaks Neckline of Head & Shoulders September 18, 2009 at 9:32 am The GBP/USD recently broke below the 1.6325 resistance level, signifying the completion of the Head & Shoulders pattern. The completion of this pattern is a strong bearish indicator where a forex trader would typically enter in to a trade when the price nears or breaks the neckline. With the typical... USD/JPY Continues its Consolidation Above 90 September 18, 2009 at 9:27 am The USD/JPY has received considerable support at the highly psychological 90 level over the past 48 hours. The DPJ decided to suspend elements of its $164 billion stimulus package today. The government is dead-set on cutting wasteful spending and reducing Japan's debt burden. While this should lead to a stronger... GBP/USD Gets Slammed Beneath 1.65 September 18, 2009 at 9:25 am The real sell-off from BoE Governor King's dovish comments on Tuesday are finally taking their toll today. We're witnessing the selloff we anticipated considering the downturn the Cable experienced last month following the BoE's unexpected injection of liquidity. The GBP/USD has collapsed through all of our previous uptrend lines and... EUR/USD Consolidates Following Surge in Current Account September 18, 2009 at 9:23 am The EUR/USD is holding strong and consolidating above our 3rd tier uptrend line as the currency pair experiences a couple moderately-weighted inflection points. German PPI and the EU's Current Account data came in well above analyst expectations. Hence, the positive string of data from the EU continues, supporting the EU's...   This email was sent to skytheheaven@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.