USD-CHF forex analysis for the week of May 7 to 11

The last week, we wrote, “. We have a support area 0.9080/70 and only the foolhardy will play back above 0.91. Now, many resistances are then back to 0.92 and it seems almost certain that these points as 0.9140/50 and 0.9180 will sellers come to reposition itself “and finally, parity has consolidated above 0.9080/70 and to return end the week on 0.9180.

The mixed U.S. data did not dampen the appetite for the dollar strengthened in this by the uncertainties before the French presidential election and especially the vagueness of what could be the composition of the new legislative majority in Greece. Indeed, the risk is ending up on the evening of May 6 with a patchwork of smaller parties making anti-austerity fear the worst about the future of Greece in the euro area. Thus, the traders do not want to take risks and have turned to the dollar currency.
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Technical analysis and forex forecasts GBP-USD for the week of May 7 to 11

The ‚Äč‚Äčlast week, we wrote “Because of this and if we manage to stay under 6280/70, parity may initiate a consolidation for a return to 6180/70 and 6150. The stoploss will be above 6295 and until 6310 “and despite the average figures of U.S. employment, the dollar took the opportunity to regain ground and come back in to finish the week 1.62 against the Pound Sterling in 6152.

As on the Eurodollar, the price should suffer the political events Europeans. English local elections on Friday showed a rejection of the policies of Prime Minister Mr Cameron and although the turnout was low, the Labor Party had taken the bull by the horns across the country. Nevertheless, we can not say that this has greatly affected the pound sterling.
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USD-CHF forex analysis for the week of May 30 to 4

The last week, we wrote, “So how to stand on the USD-CHF this week? First the daily MACD is bearish and under these conditions, it is best not to focus top up. We have a support area 0.9080/70 and only the foolhardy will play back above 0.91 “And finally, parity remained below 0.9180 to finish the week at 0.9067.

The sharp rise of the Eurodollar has led to declining parity with passage Friday night in 0.91. U.S. statistics mean, if there were poor for many. Now, again the future evolution of the parity will depend on the behavior of the EUR-CHF happens to remain far above 1.20. But who could crack, despite the support of the Swiss National Bank and the USD-CHF result in his downfall.
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Technical analysis and forex forecasts GBP-USD for the week of May 30 to 4

The last week has, we wrote “Finally and above 6180, the road to 1.62 and 1.65 could still be opened by the accumulation of which will rub stoploss above of 6180/90 “and despite the recession in Britain, the pound has continued to gain ground last week against the dollar. So, after spending upwards our resistors 6020/30, we fitted straight towards 6270/80, Friday afternoon, ending at the close, the week of 6261.

Last week was curious. Indeed, after the English negative GDP number for the second consecutive quarter, the British currency would have had to retreat and the dollar benefit. But it has not happened and instead after several mediocre or poor U.S. figures and a press conference of Mr. Bernanke, the dollar weakened, reducing the pound beyond the levels of November 2011.
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Analysis of the Currency April 25, 2012

EUR / USD

For the trading session today might be able to open a new location if the purchase price of the exchange ratio should break the rising share of 1.3220, by fixing the first lens portion and the second lens 1.3240 1.3260 share. Should the price go down rather than up to down the share of 1.3150, then we could open a new short position with the first goal at a height of 1.3130 and 1.3110 share for the second goal.

EUR / GBP

For the trading day today we might consider opening a new long position if the price were to break the 0.8190 upside, with the first goal at a height of 0.8200 and 0.8220 share for the second goal. If the price of the exchange rate EUR / GBP would rather break the downward 0.8150, then we could open a position in sales with the first goal at an altitude of 0.8130 and 0.8110 share for the second goal.
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USD-CHF forex analysis for the week of April 23 to 27

T he last week, we wrote, “we will sell slightly below 0.9220/40 as the daily MACD is bullish with stoploss above 0.9245 for a return of 0.90 with targets 0.9020/40 as” And finally, the USD- CHF for the second straight week failed to 0.9220 and ended the week at 0.9087.

The sharp rise of the Eurodollar has led to declining parity with passage Friday night in 0.91. U.S. statistics mean there have been important. Now, again the future evolution of the parity will depend somewhat on the results and prognostic of the French election.
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Technical analysis and forex forecasts GBP-USD for the week of April 23 to 27

The last week has, we wrote ‘A return above 5980 and more 6020/30 would allow the daily MACD bullish cross back and thus reverse the trend “and after several attempts to go under 5880/70, parity flew through good English figures from unemployment to 1.60 and then 1.61 to finish the week on 6120.

The weeks to come will be marked by the monthly meeting of the Fed on Wednesday night and the press conference of Mr. Bernanke. Until then, the price should consolidate remaining in an uptrend. Later, the U.S. announced an increase GDP is expected to submit the pound sterling at high pressure.
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Analysis of the Currency April 19, 2012

EUR / USD

For the trading session today, we might consider opening a long position if the price were to break upward the value of 1.3150, setting a first target share 1.3170 1.3190 share and as a second goal. If the price falls to the bottom to break up the share of 1.3070, we could open a new short position with the first goal at a height of 1.3050 and 1.3030 share for the second goal.
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Analysis of the Currency April 18, 2012

EUR / USD

Constant rate and lateral to the exchange ratio for the day today might be able to open a long position if the exchange ratio would exceed the amount of 1.3180 to the upside, by fixing the first lens portion and the second lens 1.3200 1.3220 share . If the price of the exchange ratio should break the downward 1.3090, then we could open a position in sales with the first target 1.3070 and 1.3050 with the second goal.
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Analysis of the Currency April 16, 2012

EUR / USD

Start the downside for the euro for the day today we might consider opening a new long position if the price of this exchange ratio should break the rising share of 1.3070, setting a first target 1.3090 and proportion as the second goal 1.3100 share. If the price of this exchange ratio would still go down to the break down the price of 1.2980, then we could open a short position with the first goal at a height of 1.2960 and 1.2940 share for the second goal.
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