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forex trading for 26 feb 2013

forex trading for 26 feb 2013

eur usd daily forecast

eur/usd today trading at 1.3175 with loss.today we seen high volatile moves and euro dollar pair made high at 1.3318 while low was 1.3158.for tomorrow outlook remain negative and targets still on downside at 1.3060 to 1.30 while on upside 1.3280 is major resistance. on indicators side,eur/usd daily macd and rsi both still continues here sell signals.

 

gbp usd daily forecast

gbp/usd today trading at 1.5140 with gains.on daily chart look like formed temp bottom at 1.5065 and now off the lows.here pound dollar daily rsi given technical bounce back sign.for tomorrow above 1.5065 traders can go long for bounce back rally upto 1.5300-1.5400.macd still down.1.5205 is weekly average and first strong resistance to cross.

 

usd jpy daily forecast

usd/jpy currency pair currently trading at 93.39 with loss.today usdjpy pair made high at 94.3 while intraday low was 93.2.on chart short term trend is still up for dollar but now showing signs of topped out.for tomorrow below 93.8 stay short and expect to test monthly average of 92.7 and then 90.here macd already off the highs and rsi with bearish divergence forming approaching 50.

 

usd chf daily forecast

usd/chf today trading at 0.9307 with gains.today on news flow given freak trade moves.today dollar franc pair made low at 0.9231 while intraday high was 0.9321.90 pips volatility and continuation on short term uptrend.today low was testing of 3 month average and that is good sign.for tomorrow usdchf outlook remain positive and 0.9380 to 0.9410.indicators still strong and strategy remain buy on dips till it hold 3 month average of 0.9235.

 

usd cad daily forecast

usd/cad currency pair trading at 1.0270 with huge gains for today.today usd/cad made lows at 1.0221 while high was 1.0271.here rally is strong bullish and now weekly average support at 1.0210 and stoploss for long positions.for tomorrow traders go long on correction and expect 1.0310 to 1.0355 level.now daily rsi is near overbought zone and supporting bull market.

 

usd sek daily forecast

usd/sek currency pair trading a6.4599 with heavy gains for today.here usdsek given short term breakout and here expect new high levels in upcoming weeks.for tomorrow 6.4550 remain stoploss while 6.5054 is first target on chart.

 

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