RSSCategory: Daily Forecast

EURUSD Daily Forecast: February 22

| 21.02.2012

EURUSD Forecast
The EURUSD attempted to push higher yesterday after agreement on second EU/IMF bailout package for Greek reached, topped at 1.3292 but the bullish run was short lived, slipped back below 1.3200 and closed at 1.3247 in a volatile market….

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Daily Forecast for Crosses: February 22

| 21.02.2012

EURJPY Forecast
The EURJPY continued its bullish bias yesterday, topped at 105.99 and closed at 105.78. The bias is bullish in nearest term still testing 106.50. Immediate support is seen around 105.00. A clear break below that area could lead price to…

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GBPUSD Daily Forecast: February 22

| 21.02.2012

GBPUSD  Forecast
The GBPUSD had a bearish momentum yesterday, bottomed at 1.5771 and hit 1.5762 earlier today. The bias is bearish in nearest term testing 1.5700 but as long as stays above 1.5650 the bullish scenario since the break above the trend li…

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USDJPY Daily Forecast: February 22

| 21.02.2012

USDJPY Forecast
The USDJPY didn’t make significant movement yesterday, but overall still able to maintain its intraday bullish bias. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 80.23. Immediate suppo…

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USDCHF Daily Forecast: February 22

| 21.02.2012

USDCHF Forecast
The USDCHF had another indecisive movement yesterday. There are no changes in my technical outlook. Overall price is still moving sideways for more than three weeks now. I still prefer a bearish intraday scenario at this phase as long a…

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EURUSD Daily Forecast: February 21

| 20.02.2012

EURUSD Forecast
The EURUSD was indecisive yesterday. Price attempted to push higher topped at 1.3276 but closed lower at 1.3206. The bias is neutral both in nearest and medium term and I prefer to stand aside now. On the upside, a clear break above 1.3…

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Daily Forecast for Crosses: February 21

| 20.02.2012

EURJPY Forecast
The EURJPY attempted to push lower yesterday, filled the gap and bottomed at 104.64 but closed higher at 105.14. The bias is neutral in nearest term but overall my technical outlook remains to the upside with nearest bullish target arou…

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GBPUSD Daily Forecast: February 21

| 20.02.2012

GBPUSD  Forecast
The GBPUSD didn’t make significant movement yesterday. The bias is neutral in nearest term. Although my overall technical outlook remains to the upside price has been moving sideways in the last two weeks without consistent momentum…

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USDJPY Daily Forecast: February 21

| 20.02.2012

USDJPY Forecast
The USDJPY attempted to push lower yesterday but still unable to move below immediate support 79.20. This fact keeps the intraday bias remains strongly to the upside, still testing 80.23 area as the nearest bullish target. A clear break…

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USDCHF Daily Forecast: February 21

| 20.02.2012

USDCHF Forecast
The USDCHF attempted to push lower yesterday, bottomed at 0.9086 but closed higher at 0.9134. Overall price is still moving sideways and there are no changes in my technical outlook. I still prefer a bearish intraday scenario at this ph…

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