Technical analysis of forex market April 30,2012

Trend still very bullish on parity with our points still Friday’s high at 3250/60 which are resistances. Our advice in the morning, rumors indicate sales of central banks over 3260 with a 1.33 barrier option that would defend the area. It is clear that whenever we try to pass these levels upward, parity is sent down.
However be careful, because when the cap will jump, rising to 1.33 and above, may be rapid.

Also, vendors will sell slightly 3250/60 with stoploss above 3270 or 3285. Back on 3220/10 is currently the target. Goal that could allow also the MACD 30 mins to go bearish and perhaps return parity to 1.32 in 3180/70.
By cons, a passage over 3270/80 and especially 3295, send parity on 3320/40. Buyers will reposition to purchase over 3205 and 3180/70, with stoploss above 3195 and 3160/55.
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Technical analysis of forex market April 25,2012

Of optimism yesterday before the Fed tonight and who wins one euro ground against the dollar to return on Friday for high points in 3250. Our advice in the morning, 3220 and 3240 will be our points of strength this morning. 3250 meanwhile, will act as intermediate barrier before 3280, defending a larger increase.

Thus, sellers will benefit from waiting for the monthly meeting of the Fed on interest rates tonight to place itself on these levels. Thus, the stoploss will be over between 3250 and 3255 and 60).
Buyers in turn are placed on 3180/70 with stoploss below 3170 and between 3160 and 50. Their goals are a passage of 3250 and finally 1.33 for 3280 (3320).
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