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- Submitted Feb 14, 2013|From forex-fx-4x.com

Our previous EURUSD technical analysis update focused on the pinbar which had formed on the 1 hour timeframe chart around the 1.3500 round number area. This key round number level coincided with the 61.8% Fibonacci retrace and the 1 hour 200 SMA. ...
- Submitted Feb 12, 2013|From forex-fx-4x.com

The GBPUSD pair moved to a 6-month low around 1.5570 during early trading on Tuesday, on softer than expected UK CPI data, but subsequently pared back earlier losses to end the day near the open. Cable had likewise moved under the long term ...
- Submitted Feb 10, 2013|From forex-fx-4x.com

The D1 (fig 1) XAUUSD chart below shows the range-bound trading has continued through the end of last week. The failure to reclaim $1,700-per-ounce by the gold bulls has seen a flat market with no clear near term directional bias. Any sustained ...
- Submitted Feb 10, 2013|From forex-fx-4x.com

The dollar/yen pair has seen a corrective move lower after hitting the long-term Fibonacci 38.2% retrace level from the 2007 > 2011 decline. This comes as the Japanese yen has depreciated 18% versus the US dollar since mid-November 2012. Fridays ...
- Submitted Feb 9, 2013|From forex-fx-4x.com

The EURUSD pair has seen a steep decline, on significant and sustained pressure, from 1.3647 to 1.3351 on the weekly basis. This 296 pip weekly range was 130% of the average over 26 weeks and culminated in a drop of 2.11% for the euro/dollar. The ...
- Submitted Feb 9, 2013|From forex-fx-4x.com

The AUDUSD pair experienced a breakout under the 1.0340 area previous support level this week, this has subsequently acted as resistance and capped any sustained upside. This technical level has confluence with the 365 EMA (exponential moving ...
- Submitted Feb 7, 2013|From forex-fx-4x.com

The EURUSD pair has seen a sustained move lower after struggling to break above the 1.3580 area price pivot an area we highlighted as potential resistance in the last update. Euro/dollar today moved 256% of the average daily range over 60 days and ...
- Submitted Feb 4, 2013|From forex-fx-4x.com|1 comment

The EURUSD currency pair is currently trading just above the 1.3500 handle. This comes after a (-0.92%) daily basis decline for the euro/dollar, as a risk aversion theme dominated the price action today and global stock markets experienced ...
- Submitted Feb 3, 2013|From forex-fx-4x.com

The USDX (US dollar index) broke under 79.00 area prior support on Friday but ultimately managed to pare back the majority of the intra-day losses and close the week around 79.19, after hitting the lowest level since mid September. The dollar index ...
- Submitted Feb 3, 2013|From forex-fx-4x.com

The USDCAD pair has retraced back to the 50% corrective level of the last swing higher and is aligned with the 200 day SMA (simple moving average). An inside day has formed just under parity after price was caught in a tight range on Friday, between ...
- Submitted Feb 3, 2013|From forex-fx-4x.com

Euro / dollar has seen an increase of 1.30% on the weekly basis on a continuation of the prevailing bullish trend. Price closed the week just above the 1.3600 handle after moving as high as 1.3710 on Friday. The nearby 1.3586 93 zone marks the ...
- Submitted Feb 2, 2013|From forex-fx-4x.com

Cable was trading around the 1.5865 area heading into Friday and looked set for a weekly basis gain. However, the price action as the week drew to a close had the GBPUSD pair covering around 189 pips - with the majority of this to the downside - ...
- Submitted Jan 24, 2013|From forex-fx-4x.com|2 comments

EURUSD Technical Update Tests Range Resistance On Broad Euro Strength The EURUSD currency pair continues to move within the recent tight consolidation range and is currently threatening the 1.3400 area resistance highs. This comes as the euro has ...
- Submitted Jan 24, 2013|From forex-fx-4x.com

Loonie is testing the parity level following a high momentum upside day and associated 0.78% gain on the 23/1/13. This came after the BOC advised there was no rush to raise interest rates and lowered its economic estimates. The USDCAD 1.000 level ...
- Submitted Jan 22, 2013|From forex-fx-4x.com|2 comments

The EURUSD pair has broken above yesterdays 1.3299 1.3331 tight trading range and is once again close to the 1.3400 area range highs prior to the London open. Price was capped around the 1.3333 price pivot yesterday and any move lower could ...
- Submitted Jan 21, 2013|From forex-fx-4x.com

Gold Technical Analysis XAUUSD Trading Near 1-Month High Gold hit a one-month high during trading late last week. The XAU/USD & XAG/USD pairs have now rallied over the past two weeks and seem to be carrying strong upside momentum. The precious ...
- Submitted Jan 20, 2013|From forex-fx-4x.com

The EUR/USD currency pair has been trading in a range between 1.3255 1.3403 since around the 11th Jan. The lower end of this range has seen support around the prior resistance highs from late Dec 2012 thru Jan 2013. The range resistance highs are ...
- Submitted Jan 20, 2013|From forex-fx-4x.com|1 comment

The Japanese yen has weakened further after a USDJPY pullback to the 88.00 area met with significant demand earlier last week. USDJPY is now trading over the 90.00 handle for the first time in over two-and-a-half years, amid speculation the yen will ...
- Submitted Jan 19, 2013|From forex-fx-4x.com

Cable has seen extended downside price action since the 2/1/13 pinbar at key 1.6300 area resistance. This has now culminated in a break under the ascending trend line drawn from the June 2012 lows. The trend line breakout also represents a sustained ...
- Submitted Jan 18, 2013|From forex-fx-4x.com

EURUSD Technical Update 18th January 2013 The EURUSD pair retraced recent losses on Thursday, as the euro is once again outperforming its currency major counterparts, with significant gains seen on the EURCHF, EURGBP and EURJPY pairs amongst ...