Posts Tagged ‘currency crosses pairs’

Currency Crosses Pairs Analysis – Daily 05.10.2010

Monday, May 10th, 2010

EUR/GBP

Current level – 0.8734

Longer term biasis neutral for the pair. Building bullish momentum after reboundind from 0.8430 support.

Intraday:  broke above bearish channel  and retraced to find support at 0.8600 figure. Constructing a strong short term bullish trend.

Resistance Support
intraday intraweek intraday intraweek
0.8800 0.9150 0.8700 0.8800
0.8850 0.9200 0.8600 0.8700

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Currency Crosses Pairs Analysis – Daily 05.06.2010

Thursday, May 6th, 2010

EUR/GBP

Current level – 0.8488

Longer term biasis neutral for the pair, the wide range between 0,8600 and 0,9100 needs resolution.

Intraday:  base of the bearish channel holding for the moment. New intraday low at 0.8465. Maintain the bearish bias until 0.8400 suport zone (June 2009 low)

Resistance Support
intraday intraweek intraday intraweek
0.8500 0.9150 0.8460 0.8800
0.8550 0.9200 0.8400 0.8700

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Currency Crosses Pairs Analysis – Daily 05.03.2010

Monday, May 3rd, 2010

EUR/GBP

Current level – 0.8675

Longer term biasis neutral for the pair, the wide range between 0,8600 and 0,9100 needs resolution.

Intraday: capped in 0.8720/30 resistance zone, maintaining bearish bias against 0.8750. Look for a retest of 0.8620/30 this week.

Resistance Support
intraday intraweek intraday intraweek
0,8730 0,9150 0,8630 0,8850
0,8750 0,9200 0,8600 0,8800

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