Technical Updates

Tag Archives: Forex Trading

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EUR/USD Still Expected Bearish Direction

The EUR/USD gain after US GDP released during decline from 1.453x level high, event several Eurozone courntry boosts up year yield. would decline again from the time by degree saw the falling to 1.38.


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USD/CHF Swing Projection to 0.7850

The USD/CHF sharp decline out of a pennant consolidation pattern reflects bearish continuation. When we look at the daily chart, we see that we had a swing projection to 0.7850, and the market is n…


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Conference Board US Consumer Confidence Index 59.5 in July vs. 57.6 in June

US consumer sentiment unexpectedly rebounded in July, with the Conference Board US consumer confidence index increasing to 59.5 from June’s downwardly revised 57.6 that was an 8-month low, a Confer…


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USD Core Durable Goods Orders July 27, 2011

USD Core Durable Goods Orders, Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. It’s a leading indicator of production -…


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