1 0 Tag Archives: downside
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Forex: EUR/JPY on track to fill up gap – NASDAQ


Forex: EUR/JPY on track to fill up gap
NASDAQ
With New York closing out the global day and week around 99.45, a gap still exists on the charts. The tentative bias looks to be to close this gap. Unless it can be closed, expect more downside going forward. Support below remains at the roughly flat ...

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January 23, 2012
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Forex – Chart USD/SGD Update: Leaning towards the support line of 1-1/2 month … – FXMarketAlerts.com


Forex - Chart USD/SGD Update: Leaning towards the support line of 1-1/2 month ...
FXMarketAlerts.com
Above intraday resistance at 1.2905 will dissipate downside pressure. [WT] EMGA Chart Roadmap 1-2 Day Technical Summary [KRW, SGD, THB, IDR, TWD, PHP]. This is just a sample report that would be received as part of our Charts package (see below).

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January 13, 2012
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Forex – Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries – FXMarketAlerts.com


Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries
FXMarketAlerts.com
... towards closing yesterday in the appearance of an outside range is shifting focus back towards downside, with strong supports seen at 6.7970/7795. [WT] This is just a sample report that would be received as part of our Charts package (see below).

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January 10, 2012
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Forex – Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries – FXMarketAlerts.com


Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries
FXMarketAlerts.com
... stance seen on daily tools, risk stays on the downside, eyeing next support at 6.7795 and break will extend current decline towards stronger 6.6846. [WT] This is just a sample report that would be received as part of our Charts package (see below).

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January 4, 2012
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AUD/NZD Daily Outlook- Jan 3, 2012 – DailyForex


AUD/NZD Daily Outlook- Jan 3, 2012
DailyForex
Historically, the 1.31 level is a bit high, and the weekly charts look a little tired. However, 1.30 level needs to be broken to the downside in order to think of selling this pair for anything other than a scalp. The commodity trade is going to be an ...

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January 3, 2012
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FOREX-Euro wobbly ahead of event-packed US week – Reuters UK


FOREX-Euro wobbly ahead of event-packed US week
Reuters UK
Technical charts point to further downside with a test of A$1.2500 in sight, according to a trader. Against the US dollar, the euro was steady at $1.2935 , but within striking distance of its 2011 trough of $1.2856 hit last week. ...

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January 2, 2012
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Forex-Euro wobbly ahead of event-packed U.S. week – Reuters

Technical charts point to further downside with a test of A$1.2500 ... it will soon unveil a cut in the required ratio of reserves (RRR). The move would free up funds that could be used for lending to support growth, though China's leaders ...
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January 2, 2012
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Forex – Chart USD/PHP Updates: Pressure shifting towards downside – FXMarketAlerts.com


Forex - Chart USD/PHP Updates: Pressure shifting towards downside
FXMarketAlerts.com
Only move above 43.970 resistance to helpregain focus back towards 44.330 hurdle. [WT] EMGA Chart Roadmap 1-2 Day Technical Summary [KRW, SGD, THB, IDR, TWD, PHP]. This is just a sample report that would be received as part of our Charts package (see ...

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December 19, 2011
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End of the year update – USD – FXstreet.com


FXstreet.com

End of the year update – USD
FXstreet.com
Looking to the charts, the following (Monthly chart) shows a multi-year long-term trend to the downside, which is still very much intact despite the recent surge higher, with its downtrending resistance line currently resting near the 1.10 figure. ...

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December 16, 2011
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Forex: EUR/USD: Buyers at 1.3260/1.3210 – CharmerCharts – NASDAQ


Forex: EUR/USD: Buyers at 1.3260/1.3210 - CharmerCharts
NASDAQ
FXstreet.com (Barcelona) - The Euro is pointing lower on the weekly chart, although, daily charts are overextended on the downside, says Carol Harmer, technical analyst at CharmerCharts, who warns about important support at 1.3260/1.3210 area in case ...

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December 5, 2011
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Forex – Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries – FXMarketAlerts.com


Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries
FXMarketAlerts.com
... and only rally to regain the 6.8020 resistance to pare bear pressure and trigger stronger recovery. Below 6.6970 expose more downside scope to 6.6645. This is just a sample report that would be received as part of our Charts package (see below).

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December 5, 2011
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What I See in FX Market – FXstreet.com


FXstreet.com

What I See in FX Market
FXstreet.com
by - ProAct Traders | View company's profile WHAT Forex Target Traders SEE: We are currently sitting @ 1.3516. After a correction to the .500 Fibo we printed a set of twins to the downside. We appear to be conituing a move to the downside. ...

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November 19, 2011
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Forex Trading: EURUSD And GBPUSD Hold Below 100 Bar MA On 5 Minute Charts – Daily Markets


Forex Trading: EURUSD And GBPUSD Hold Below 100 Bar MA On 5 Minute Charts
Daily Markets
The 100 bar MA (blue line in the chart above) comes in at 1.3636 currently. The price has remained below this MA line and keeps the bias to the downside as a result. For the GBPUSD , the same dynamic has occurred. The 100 bar MA is at the 1.5914 ...

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November 14, 2011
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Breakout Opportunities for AUD/USD and EUR/USD on Berlusconi’s Decision – DailyFX


Moneycontrol.com

Breakout Opportunities for AUD/USD and EUR/USD on Berlusconi's Decision
DailyFX
The charts tell us that this breakout appears poised for a move to the upside should Berlusconi step down from power; a breakout to the downside is ready to play out should Berlusconi retain power. The likelihood that this trade unfolds in its ...
Forex: EUR/USD holds above 1.3770NASDAQ
The USD/CHF chart is promisingForexLive (blog)
EUR/USD Forecast Nov. 8th, 2011, Technical AnalysisFX Empire
Action Forex
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November 8, 2011
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Forex: GBP/USD: Upside potential to reach 1.6104 – CharmerCharts – NASDAQ


Forex: GBP/USD: Upside potential to reach 1.6104 - CharmerCharts
NASDAQ
Without clear signs on the downside, despite overbought on charts, Harmer observes potential for a upside continuation to 1.6104: "We do not see much on the downside at this point, even though we look overbought on the charts. ...

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October 25, 2011
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Forex – Chart USD/TWD Update: Intraday trade exposed strength – FXMarketAlerts.com


Forex - Chart USD/TWD Update: Intraday trade exposed strength
FXMarketAlerts.com
... next hurdle at 30.361 and above latter will confirm more upside risk. On the downside, break below 30.029 support will resume the downmove from 30.715 high. This is just a sample report that would be received as part of our Charts package (see below).

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October 20, 2011
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Forex – Chart USD/MYR Update: Intraday trade retains downside pressure – FXMarketAlerts.com


Forex - Chart USD/MYR Update: Intraday trade retains downside pressure
FXMarketAlerts.com
We expect BNM to keep benchmark rates steady for the rest of 2011 after it froze rates for the second time in its Sep meeting amid slowing global recovery. BA This is just a sample report that would be received as part of our Charts package (see ...

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Forex – Chart USD/TWD Update: Retains downside pressure – FXMarketAlerts.com


Forex - Chart USD/TWD Update: Retains downside pressure
FXMarketAlerts.com
... and intraday trading is now confined within the 30.029-30.255 range set prior session and approach of the higher end of this band should attract sellers. This is just a sample report that would be received as part of our Charts package (see below).

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October 18, 2011
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Forex – Chart USD/KRW Update: Strong rebound on opening dissipating downside … – FXMarketAlerts.com


Forex - Chart USD/KRW Update: Strong rebound on opening dissipating downside ...
FXMarketAlerts.com
Separately (recap) Rtrs cited sources saying that Thai central bank had bought South Korean bonds, as an alternative avenue to park reserves. RR This is just a sample report that would be received as part of our Charts package (see below).

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Forex – Chart USD/MYR Update: Extending corrective pullback – FXMarketAlerts.com


Forex - Chart USD/MYR Update: Extending corrective pullback
FXMarketAlerts.com
... further push below 3.1700 support will increase downside pressure towards stronger level at 3.1300. Only move above 3.1975 hurdle to fade current pullback. This is just a sample report that would be received as part of our Charts package (see below).

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October 6, 2011