EUR/USD, GBP/USD for Today

[FEUA]

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New technical analyisis represented by our company. It must help you!
EUR/USD
The pre-planned short positions from key resistance range levels have been implemented with the attainment of minimal anticipated targets. Further implementation of break-out buying variant had positive result on minimal target with relative bullish activity rise at the break-out of key resistance range levels. Therefore, at the moment, considering sign of bullish development incompleteness as well as descending direction of indicator chart we can assume probability of rate return to channel line “2” at 1,4020/40 levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 1,4080/1,4100, 1,4140/60 and (or) further break-out variant up to 1,4200/20, 1,4260/80, 1,4300/20. The alternative for sales will be below 1,3960 with the targets of 1,3900/20, 1,3840/60, 1,3790/1,3810.
GBP/USD
The pre-planned break-out variant for buyers has been implemented but with the achievement of estimated targets. OsMA trend indicator, having marked signs of rate overbought, but without confirmative bearish resistance reaction as well as rate position above Ichimoku cloud gives grounds for bullish priorities but with relatively high risks of situation change favoring to bearish party. On the assumption of it as well as of descending direction of indicator chart we can assume probability of rate return to 1,6200/40 where it is recommended to evaluate development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of formation of topping signals the targets will be 1,6280/1,6300, 1,6360/80, 1,6420/40 and (or) further break-out variant up to 1,6480/1,6500, 1,6580/1,6600, 1,6660/1,6700.The alternative for sales will be below 1,6140 with the targets of 1,6080/1,6100, 1,6000/20, 1,5900/40.
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[Pinalli]

Thanks for the analysis my friend. It its really very informational. Well, my broker Finexo.com provided me this analysis.

USD

The U.S. dollar had a volatile day on Thursday, but finished strong as traders bought back the U.S. currency against the Euro after the pair did not break a key technical level that it was flirting with. Price action was choppy as traders said moves in the foreign exchange market lacked conviction and it seemed as if most were unsure how to trade the dollar. The session was kind of a lame duck with no U.S. economic data due for release on Friday, many investors were starting to look ahead to a Federal Reserve policy meeting next week.

At 11:54PM GMT, the Dollar was up .3% to the Euro to 1.3899, up .75% to the Japanese Yen to 96.48, up .4% to the British Pound to 1.6334, up .01% to the Canadian Dollar to 1.1322 and down .7 to the Australian Dollar to .7996.

EUR

The Euro was particularly heavy on Thursday, especially against the Swiss Franc with the European currency jumping versus the Franc on speculation that the Bank for International Settlements was buying Euros on behalf of the Swiss National Bank to help defend the 1.50-Franc level. Swiss National Bank Governor Jean-Pierre Roth said he would continue to stop an irrational rise in the Franc, but did not confirm the SNB had acted beyond their earlier intervention in March when the Franc rose to 1.53 versus the Euro.

At 12:00AM GMT, the Euro was trading up .51% to the Japanese Yen to 134.15, up .13% to the British Pound to .8509, down .23% to the Canadian Dollar to 1.5741, down .83% to the Australian Dollar to 1.7398 and up .3% to the Swiss Franc to 1.51.