Technical Analysis
04.13.12 - Market Intelligence Briefing - Weekly Wrap-Up
By Nick Nasad | Apr 13
EU Morning Report- Japan policy on hold, eyes on BoE minutes
The euro (EUR) dropped near a 21-month low falling to 1.2645 from 1.2814 against the US dollar as risk aversion dominates the markets.
By Easy-Forex | 08:11 GMT | Easy Forex
EUR/USD Resumes Downtrend, Going Bellow 1.27
On Tuesday Euro/Dollar resumed decreasing significantly with 160 pips. The European currency depreciated from 1.2816 to 1.2657 yesterday, matching the negative money flow sentiment at almost -16%, closing the day at 1.2814. This morning the Euro weakened slightly further, dropping to 1.2644.
06:42 GMT | iFOREX
NZDUSD Testing Major Neckline
The NZDUSD easily sliced through the trendline that extends off of the 2009 and late 2011 lows but is currently testing the more important head and shoulders neckline that extends off of the March 2011 and November 2011 lows. Like the AUDUSD, near term focus is lower against 7676 towards the November low (and November gap) at 7370 and 7440. Exceeding 7676 would shift focus to 7757.
By Jamie Saettele | 19:47 GMT | DailyFX
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
The Support at 0.9369 mentioned in our Morning comments is holding well and the Dollar-Swiss has risen back above 0.9400. However, it is still not gaining upside momentum to extend its upmove strongly above 0.400.This keeps alive the chances of revisiting the immediate Support at 0.9369 and a break below 0.9369 can take it further down towards 0.9325-00.
16:45 GMT | Kshitij Consultancy Service
USD/JPY – Buy the Rumor, Sell the News?
USD/JPY pushed above the 79.40 resistance and is now approaching the 80.00 handle in the 5/22 US trading session. The 80-80.20 area contain a declining trendline, and the 23.6% retracement level of the 84.16-78.97 swing. The market is rallying ahead of the BoJ meeting in the upcoming 5/23 Asian session. It looks like it is pricing in more stimulus from the BoJ.
By Fan Yang | 16:42 GMT | FX Times
Forex Signals - EURUSD Getting Short
Sorry about our technical difficulties yesterday with the free EU signal! While PRO members were able to read the EU signal just fine there was an error message being displayed on our main page for free users. We apologize and it should be sorted out now! Our short from yesterday got 25 pips into the profit before reversing on us to hit our trailing SL for a 25 pip loss.
By PipHut | 14:14 GMT | PipHut.com
USD/JPY Continues Recovering, Approaching 80
On Monday Dollar/Yen continued increasing with almost 55 pips. The currency couple appreciated from 78.91 to 79.45 yesterday, not matching the negative money flow sentiment at almost -25%, closing the day at 79.29. This morning the Dollar strengthened further against the Yen, reaching up to 79.84.
11:42 GMT | iFOREX


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