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 -21/06/2011
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: 19826, member: 5723"] Decision regarding the Greece bailout will be announced in the beginning of July. Asian and European trading sessions: Euro: The EU Finance Ministers meeting was held this weekend. The fact that no agreement was formed over the bailout of Greece pressured the euro on Monday. The EUR/USD demonstrated a negative dynamics during the Asian and European trading sessions. Moody’s credit agency stated that the credit rating of Italy would be decreased, due to the released Italian GDP results. The EUR/USD dropped to its minimums of $1.4192. In addition, the released today German producer prices dropped to 6.1% against the forecasted 6.3%. US Dollar: Demand for the save-heaven assets grew in the light of European problems. Greenback strengthened against its competitors. British Pound: The GBP.USD pair dropped to the lows of $1.6100 following the euro. Japanese Yen: American trading session: US Dollar: During the American session the trading dynamics changed. Since the decision regarding the Greek bailout would be positive, the euro started to strengthen based on the increased optimism of the market participants. The EUR/USD rehabilitated and reached the $1.43 mark, and the GBP/USD pair strengthened at the $1.6200 level. [url]https://forex-metal.com/news_posts[/url] Technical analysis for 21/06 EURUSD The pair stays above 1.42996, it may bring pair to test 1.44400. If the pair declines below 1.42996 the pair will decline to 1.41780. Resistance: 1.44400, 1.46222, 1.47342 Support: 1.42996, 1.41780, 1.40690 GBPUSD The pair is trying to decline below 1.62050, it may bring pair to test 1.60322. Resistance: 1.63316, 1.64636, 1.65706 Support: 1.62050, 1.60322, 1.58543 USDCHF The pair will be able to reach 0.85939 in case if 0.84685 is broken. Resistance: 0.84685, 0.85939, 0.87214 Support: 0.83541, 0.82483, 0.81356 USDJPY If the pair breaks 80.438 the pair will try to reach Moving Average (100) at 81.399. Resistance: 80.438, 81.399, 82.219 Support: 79.707, 79.070, 78.345 AUDUSD The pair is declining to 1.05332. If this level is broken the pair will decline to 1.04407. Resistance: 1.06164, 1.07005, 1.07739 Support: 1.05332, 1.04407, 1.03535 [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…