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Global




fxpros

fxpros

Member Since 23 Aug 2010
Offline Last Active May 17 2012 05:23 PM
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In Topic: Avafx.com - Forex, Oil, Gold, Cfds

15 May 2012 - 10:28 PM

USD/JPY: The market is still trading in a rather tight range. The pair is ranged between 79.50 and 80.20.
Looking up we see resistance at 80.23. Above that we see 81.00 and 81.80. Alternatively we see first support at 79.50.

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In Topic: Avafx.com - Forex, Oil, Gold, Cfds

14 May 2012 - 04:24 PM

USD/CHF: The market is struggling around 0.9320. This is an important level of resistance. A move above that can test 0.9400.
Looking down, we see first support at 0.9250. Below that sees 0.9200.

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In Topic: Avafx.com - Forex, Oil, Gold, Cfds

10 May 2012 - 07:05 AM

EUR/USD: The Euro continues to fall towards the January lows.
We see support 1.2622 (January low) which if holds will be good for this market.  While below the resistance and May high at 1.3283, the Euro remains weak.  Key resistance remains at 1.3080, but he market must accelerate through the key level at 1.3000 first.
Looking down supports are at 1.2880 and 1.2810.

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In Topic: Avafx.com - Forex, Oil, Gold, Cfds

09 May 2012 - 02:13 PM


GBP/USD: The market is seeing some signs of a medium term top forming around the 2012 high at 1.6300.
Looking down, we see first support at 1.6100 and then 1.6075 as key support and below that exposes 1.5800.
Alternatively, we see the 2012 high at 1.6300 as a key resistance level.

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In Topic: Avafx.com - Forex, Oil, Gold, Cfds

02 April 2012 - 05:17 PM

JPY Dropping Further
Monday, 19 Mar 2012 11:31:09 GMT
The euro made significant gains against the yen as the Japanese currency continues to drop further than analysts predicted. As of early Monday afternoon, the euro was trading against the yen at a rate of 109.81. This marks a five month high for the EUR/JPY pair.
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