EURUSD – Our forex trading signals remain flat the Euro/US Dollar, as unclear trends in FX trader sentiment make it difficult to discern a strong sentiment-based forecast.

EUR/USD-market strategy can be a sell from the level 1.4090$

Technical oscillators supporting the bearish trend for the currency pair

EUR. The pre-planned break-out variant for buyers has been implemented with loss in the achievement of anticipated targets.

-EURUSD – Euro Sentiment Forecasts Further EUR Strength
-USDJPY – Japanese Yen Forecast Aggressively Bullish Against US Dollar
-GBPUSD – British Pound Outlook Unclear on Sharp Sentiment Shifts
-USDCHF – Swiss Franc Expected to Rally Further Versus US Dollar
-USDCAD – Canadian Dollar Forecast Remains Bullish Against US Dollar

The first half of 2009 brought three critical events to the futures industry which sets up quite an unexpected second half of 2009:

The pair is trading along the uptrend, which has a local growth target at level 1.4635 (“F” trend line). In case that level is passed, the next target level will be set to resistance 1.4719 (2008.12.18 high).

he pair is trading along the uptrend, which has a growth target set to a rather distant level 1.6900. Although that level is far away there are no serious resistances on the way up, so reaching that level is completely real. In order to continue the uptrend the pair needs to get over resistance 1.6590, while the nearest support is found at level 1.6535.

The gold is on the way up, and it is supposed to reach the local target – resistance level 1025 (“K” trend line, see weekly graph). After having a rest at the higher bound of broken “B-B+” daily uptrend, the gold started some consolidation (a figure of trend continuation is being formed).