9/22 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) Eur/Usd Signals for a Bear Market, S&P Futures At Resistance level September 21, 2009 at 6:53 am On the Eur/Usd weekly chart, prices fell sharply in the middle of 2008 from the 1.6036 high, down to the 1.3805 area. The price structure of that move was completed with three waves followed by a sharp gain in wave A/1. However, the price structure looks complex as the market... USD/JPY Pops and Stalls Beneath 9/9 Highs September 21, 2009 at 6:41 am The USD/JPY has experienced a nice pop as the Dollar experiences broad-based strength. The lack of economic data is allowing investors to take profits, and in this case snatch up an oversold Yen. The DPJ's more conservative fiscal approach is worrying investors slightly that the economic recovery taking root may... GBP/USD Fights to Stay Above September Lows September 21, 2009 at 6:39 am The GBP/USD is battling to stay above previous September lows in order to forgo another negative technical development. Bulls are swooping in and buoying the Pound across the board; notice topside consolidation in the EUR/GBP. Sterling has taken a beating over the past couple sessions after BoE Governor King's dovish... EUR/USD Experiences Profit-Taking as Investors Await PMI September 21, 2009 at 6:38 am The EUR/USD is experiencing profit-taking as investors lock-in some gains. The lack of global economic data provides a great opportunity for profit-taking. We notice profit-taking across the board, from equities to crude to the Yen. Investors won't receive noteworthy econ data until Wednesday's rush of EU PMI data grouped with... Chart Of The Day: AUD/USD September 21, 2009 at 5:08 am As with other dollar-based currency pairs, AUD/USD, a daily chart of which is shown, has begun to show signs of some dollar recovery after the pummeling that the greenback has been taking against several currencies in the past couple of weeks. After reaching a high of 0.8775 late last week,... GBPUSD: Pressure Builds On The 1.6112 level & Beyond September 21, 2009 at 2:04 am GBP began the week weakening further declining to a low of 1.6132 as the time of this analysis today. As indicated in our weekly analysis of a possible downside pressure targeting the 1.6112 level, its Sept 02'09 low, that level is currently being eyed and an eventual violation of there... USDJPY: Recovery Higher Highlights The 93.08 Level September 21, 2009 at 2:04 am Although USDJPY retains its overall downside outlook started off t he 101.43 level, nearer term recovery higher triggered at the 90.11 level, its Sept 16'09 low following its recent declines now looks to target the 93.08 level, its July 22'09 low. This is coming on the back of its break... FX Thoughts for the Day September 21, 2009 at 2:01 am Cable has fallen below the Support mentioned in the morning at 1.6200-6180. Things look hazy at the moment. As the pair has been moving in a range, there are decent chances that the pair might rise from here to continue within the channel (the bounds for which are 1.61-1.70). A...   This email was sent to skytheheaven@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.