9/15 Forex Technical Analysis Reports (ActionForex.com)

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Forex Technical Analysis Reports (ActionForex.com) USD/JPY Narrowly Avoids Retest of 90 September 14, 2009 at 5:52 am The USD/JPY finally found some support right above the highly psychological 90 level after collapsing beneath our 1st tier downtrend line. The defense of 90 is to be expected, and the psychological weight of the area should be felt for some time. The USD/JPY has been a key mover the... GBP/USD Bounces off our 2nd Tier Uptrend Line September 14, 2009 at 5:49 am The GBP/USD is finding strength in our 2nd tier uptrend line, avoiding a retest of the psychological 1.65 level following recent weakness. Though we saw a slight uptick in volume to the downside on Friday, we don't believe this pullback carries much weight. We've seen technical breakouts to the topside... EUR/USD Balances with Upward Momentum Intact September 14, 2009 at 5:48 am The EUR/USD is gravitating around the psychological 1.45 area as we suspected may happen. However, the EUR/USD is recovering quickly from losses earlier today by bouncing off of our 2nd tier uptrend line. Meanwhile, our 3rd tier uptrend line is reaching an inflection point with our makeshift 1st tier downtrend... Chart Of The Day: GBP/USD September 14, 2009 at 5:41 am Unlike some other major dollar-based currency pairs, GBP/USD has not yet broken out of the prolonged sideways trading range that has characterized the pair for several months now. While a breakout above this trading range occurred in early August, price quickly re-entered the range and has traveled within it since... EURGBP: Firmly Maintaining Above The 0.8698 Level (Medium Term Outlook) September 14, 2009 at 4:36 am The cross continues to hold on to its recovery gains started off its Jun 22'09 high closing higher for the past week and embarking on another upleg in today's trading. While we are cautious of the fact that EURGBP's medium term declines triggered off the 0.9802 level in late Dec'08...   This email was sent to sarkono1@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.