Posted on March 8, 2010 at 0:30 in Short-Term Analysis by Valeria BednarikNo Comments »

That Australian dollar remains the strongest currency across the board, is not something to discuss. And with risk appetite back on trading desks, the commodity dollar is being favored agaisnt majors rivals, also with Nikkei 225 1.5% up at the opening. Later this week, Australian employment data (due Thursday) is next major risk event for the currency,as if jobless rate falls more than expected, investors expectations  for furhter rate hikes could tumbled, but seems not today.

 AUD/USD already filled opening gap to the downside, and continues pushing higher attempting to break the 0.9100 level; 4 hours charts has a slightly bullish perspective for current session, with immediate resistance for the pair at the0.9140 area, multiple 4 hours highs, ahead of 0.9180/0.9200 zone. Daily close above such area likely confirm mid term bullish rallies ahead. Supprt for next hours lie at strong 0.9070 static zone,  0.9020 and finally 0.8980 area.

 

EUR/AUD also strong, quotes around 1.5020 after this first 15 minutes of Japan with a bullish perspective for next hours, as seen on this 4 hours charts: pair reached 1.4945 low past week a multi years low, leaving indicators close to extreme oversold conditions; currently in an upside corrective movement, first resistance area comes at 1.5060 ahead of 1.5110, while support for next hours lie at 1.5000 and mentioned 1.4945 low. Daily charts however, remain strongly bearish, with RSI saturating at lows,  yet giving no other sing of a trend change.

 


Posted on January 18, 2010 at 11:06 in Short-Term Analysis by Valeria Bednarik2 Comments »

EUR/USD has been range trading almost all the past week, and after past Thursday fall, seems we are setting a lower range, yet as both currencies are quite weak, trend movements are unlikely; having break past week range to the downside, pair is now defining a lower trading zone: holding around 1.4380, key resistance level lies at the 1.4440 area, past week strong support, with 1.4410 in the middle. Under 1.4360, first supports comes at the 1.4330 area ahead of 1.4280 zone.

 


Posted on December 31, 2009 at 11:13 in Sentiment by Valeria BednarikNo Comments »

Here is majors’ sentiment for today:

Eur/Usd:Slightly Bullish

Gbp/Usd: Bullish

Usd/Chf: Bearish

Usd/Jpy: Bullish

Eur/Gbp: Bearish

Eur/Jpy: Bullish

Gbp/Jpy: Bullish


Posted on December 29, 2009 at 16:02 in Short-Term Analysis by Valeria BednarikNo Comments »

Dollar is recovering ground as expected after the U.S. report, with USD/JPY approaching to key 91.85 area, with next level to watch at 92.40. GBP/USD is at 1.5960, key support watch for an acceleration to 1.5920. EUR/USD is testing 1.4400, likely to extend the downside if breaks under 1.4380.

Gold at $ 1100/oz also support dollar rises. Let’s see if AUD manages to break lower and test the 0.8940 level giving greenback further support.


Posted on December 8, 2009 at 15:25 in Short-Term Analysis by Valeria BednarikNo Comments »

After the an educational webinar, here I’m again! This is the daily technical perspective for major crosses.

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-12-08.html


Posted on November 17, 2009 at 11:56 in Sentiment by Valeria BednarikNo Comments »

Here is majors’s sentiment for today:

Eur/Usd: Slightly Bearish

Gbp/Usd: Slightly Bearish

Usd/Chf: Slightly Bullish

Usd/Jpy: Bearish

Eur/Gbp: Bearish

Tags: ,

Posted on November 3, 2009 at 10:00 in Short-Term Analysis by Valeria BednarikNo Comments »

Well, I did not been able to finish AUD previous post, while price already break lower (still far from long term confirmations but well there we are) and both Euro and Swissy break previous key highs. a quick post: watch next support in Euro at 1.4640, if we break there we could see hell breaking lose today (I’m over reacting yes.. sorry   ;) ) next key level for Swissy comes at 1.0320.


Posted on November 2, 2009 at 13:24 in Short-Term Analysis by Valeria BednarikNo Comments »

Here is the majors updated technical perspective for the American session:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-02.html


Posted on October 30, 2009 at 10:21 in Sentiment by Valeria BednarikNo Comments »

Here is majors sentiment for today:

Eur/Usd: Bullish

Gbp/Usd:Slightly Bullish

Usd/Chf: Bearish

Usd/Jpy: Bearish

Eur/Gbp: Slightly Bullish

Tags: ,

Posted on October 29, 2009 at 9:15 in Sentiment by Valeria BednarikNo Comments »

Here is majors sentiment for today:

Eur/Usd: Bearish

Gbp/Usd:Slightly Bullish

Usd/Chf: Bullish

Usd/Jpy: Bearish

Eur/Gbp: Bearish

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