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 - 23/08/2011
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: 21134, member: 5723"] The yen and franc retreated on fears of intervention of Japan and Switzerland Central Banks. Asian and European trading sessions: Euro: The EUR/USD pair showed its lows at $1.4343 before recover up to $1.4415. US Dollar: On Monday the American currency strengthened against its rivals, however, the increase of the dollar was limited. The speculations regarding the possibility that the third round of quantitative easing would be introduced during the conference on August 26, pressured the greenback. During the European trading session the greenback fell against major currencies against the strengthening of European stock markets, which reduced demand for the save-haven currencies. British Pound: The GBP/USD pair traded in the range of $1.6461 - $1.6513. Japanese Yen: The Yen stepped back from its record Friday’s highs on fears that the Central Bank of Japan would conduct intervention in the currency market for the purpose of the limitation of an increase of the National currency. The USD/JPY pair dropped to the Y76.70 level. Swiss Franc: Under the pressure of the possible intervention to limit the growth of national currency, the Swiss Franc weakened and traded in the range of 0.7840-0.7850. American trading session: Gold: The Gold grew to the $1891.92 mark per ounce. Oil: Today the oil reached the $84.81 maximums. [url]https://forex-metal.com/news_posts[/url] Technical analysis for 23/08 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. If the pair breaks 1.44406 the pair will rise to 1.46222. Resistance: 1.44400, 1.46222, 1.47342 Support: 1.42996, 1.41780, 1.40690 GBPUSD The pair has returned to support level at 1.64636. Resistance: 1.65706, 1.67165, 1.68756 Support: 1.64636, 1.63316, 1.62050 USDCHF The pair’s resistance is 0.80313, support 0.77849. Resistance: 0.80313, 0.81356, 0.82483 Support: 0.79115, 0.77849, 0.76605 USDJPY The pair has declined to the next support level at 76.463. If this level is broken the pair will decline to 75.425. Resistance: 77.539, 78.345, 79.070 Support: 76.463, 75.425, 74.414 AUDUSD The pair is trying to recover. Strong resistance maybe met at the median line 1.06164. Resistance: 1.04407, 1.05332, 1.06164 Support: 1.03535, 1.02558, 1.01744 [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…