Daily-FX-Market Forex Technical Analysis - Get all the info about the forex market
  • Jun
    26

    Forex Technical Analysis for Friday, June 26th, 2009

    Daily  FX – Day Trading FX

    Currency

    Daily stance

    Analysis

    EURUSD

    0 1.3935-70 in a directionless asia session.  Look for direction into the day with UK retail numbers expected to set the tone.
    EURJPY

    0 Range trade, selling near 133.88 and buying back near 132.40.
    USDJPY

    0 Ranging 95.90 and 95.65 expected. Lackluster price action in asia so far.
    GBPUSD

    0/+ Pivoting around 1.6400 and bids showing around 1.6370.
    AUDUSD

    0 Data showed RBA sold A$ 1.43 billion in May, largest number seen since ’04.

     

     

    Forex Options Trading

     

    FX-Options

    Analysis

    EURUSD

    Vols have been bid during the last session. Market is getting ready for FOMC next week
      with vol buyers across the board. Spot expected to trade in a narrow range.
    USDJPY Front end seems to be holding up despite spot not going anywhere. Risk reversals are
      higher and vols offers not coming on hard this session so likely to see lower spot.
    AUDUSD Vols largely unchanged this session with few interests looking for short date downside.
      Spot likely to range between 7850 and 8000.

     

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