Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
Forex-Metal Daily Analysis - 09/08/2011
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Forex-Metal, post: 20814, member: 5723"] S&P downgrades the US credit rating. Asian and European trading session: Euro: The euro showed a slight increase after the released information regarding the ECB intentions to buy Italy and Spain bonds in order to limit the spreading of the Euro-zone crisis. But after the published Euro-Zone Sentix Investor Confidence in August (which showed unexpected drop), the EUR/USD pair declined to its lows at $ 1.4324 area. US Dollar: The announcements that the international rating agency Standard & Poor's downgraded the credit rating of the United States on Friday and that the S & P agency maintained a "negative" outlook for the U.S. economy and forecasted that the rating could be downgraded to AA from AA + had a very strong influence on the markets. As a result, the greenback retreated to a record-breaking lows against the franc and reduced against the yen. British Pound: The GBP/USD pair tested the highs of $1.6470 before falling back to $1.6400. Japanese Yen: The yen is rising against the other currencies on the background of falling stock markets in Asia. The USD/JPY pair was trading in the range of Y77.70 – Y77.90. American trading session: Swiss Franc: The Swiss franc was supported as one of the save-heaven currencies. Gold: The gold price renewed a record high of $1719.10 per ounce. [url]https://forex-metal.com/news_posts[/url] Technical analysis for 9/08 EURUSD The key level for the pair is 1.40690, if this level is broken the pair will decline to Fibonacci 61.8% at 1.38867. Resistance: 1.42996, 1.44400, 1.46222 Support: 1.41780, 1.40690, 1.38554 GBPUSD The pair couldn’t stay above below Fibonacci 38.2% 1.64636. MACD shows sell signal. Key level is 1.62050 after which may be expected decline to 1.60322. Resistance: 1.63316, 1.64636, 1.65706 Support: 1.62050, 1.60322, 1.58543 USDCHF The pair has broken 0.75450 and aiming to 0.74362. Resistance: 0.75450, 0.76605, 0.77849 Support: 0.74362, 0.73265, 0.71993 USDJPY The pair is aiming to 76.463. Resistance: 77.539, 78.345, 79.070 Support: 76.463, 75.425, 74.414 AUDUSD The pair had nearly touched first level of correction Fibonacci 23.6% at 0.98759. The pair may return to this level again. Resistance: 1.00907, 1.01744, 1.02558 Support: 1.00067, 0,99207, 0.98436 [url]https://forex-metal.com/news_posts[/url] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…