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Currency Pair Daily Forecasts Print E-mail
Daily Forex Technicals |  Written by Finotec Group |  Nov 20 08 09:45 GMT | 

Currency Pair Daily Forecasts

EUR/USD Daily Technical Reports

Euro/dollar strategy can be a sell the pair at 1.2471 targeting to 1.2380

An OSCILLATOR MACD is bearish and bellows the zero line

RSI, relative strength index stands at middle range pointing upwards to overbought area

Moving average 10 and 20 line after bearish crossover

We notice bearish tendency in the past week targeting to 1.2380 levels

USD/JPY Daily Technical Reports

Dollar/yen trades can be a sell at 94.707 targeting 93.53

An OSCILLATOR MACD is after bearish cross bellows the zero line

RSI, relative strength index pointing downwards

Moving average 10 and 20 line close to bearish crossover

GBP/USD Daily Technical Reports

Sterling/dollar strategy can be a sell at 1.4803 targeting to 1.4700

An OSCILLATOR MACD is after bearish cross bellows the zero line

RSI, relative strength index pointing down to oversold area

Moving average 10 and 20 line close to bearish crossover

USD/CHF Daily Technical Reports

Dollar/Swiss franc strategy can be to buy the pair at the break of 1.2158 levels

An OSCILLATOR MACD is after bullish cross above the zero line

RSI, relative strength index pointing upwards to overbought area

Moving average 10 and 20 line after bullish crossover of the shorter line

Finotec Group Inc.
http://www.finotec.com/

Disclaimer: FINOTEC Tradings Market Commentaries are provided for informational purposes only. The information contained within these reports is gathered from reputable news sources and not intended as investment advice. FINOTEC Trading assumes no responsibility or liability from gains or losses incurred by the information herein.


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