USDCAD: biased to the downside on pullback
USDCAD: Our bias on the pair continues to point lower on correction of its recent strength. On the downside, support lies at the 1.1150 level followed by the 1.1100 level where a reversal of roles as support is envisaged. Further out, resistance resides at the 1.1050 level and then the 1.1000 level. On the upside, resistance is seen at the 1.1250 level followed by the 1.1300 level. Further out, resistance comes in at the 1.1350 level where a…Continue
Added by fxtech on October 24, 2014 at 1:10pm — No Comments
Currently we are at 94.48 At the R4 which may be the top. We are looking for a continuation to the Trend @ 95.26 and then a move lower. The average daily true range (ATR) for the pair currently is 113 pips.…Continue
Added by Scott Barkley on October 24, 2014 at 12:50pm — No Comments
October 24th 2014. There are some clues that the dollar correction may have come to an end and we are seeing that in the likes of USDJPY, however let’s not get too far ahead of ourselves. Although EURUSD is close to the lows of the week it is by not mean’s certain that the downtrend has resumed and AUDUSD price action would support that counter view.
EURUSD – As I said, close to the lows of the week. I’ve got a number of…Continue
Added by Gary on October 24, 2014 at 11:09am — No Comments
EUR JPY 10 Min:
Price ranged on the open then rose strongly with two bull trend candles separated by one doji. The second bear trend candle was followed by 8 overlapping inside candles (flag). Price then broke up in another bull trend candle reaching a…Continue
Added by Constantine on October 24, 2014 at 10:00am — No Comments
USDJPY found support at 105.19 and is now reversing quite sharply to the upside, and made an important overlap yesterday with 108.00 figure which confirms the fact that a decline from the high was a three wave move. Ideally that was wave 4) so market can be back in play for rally back to 110 yearly highs.
USDJPY 4h Elliott Wave Anlaysis…Continue
Added by Gregor Horvat on October 24, 2014 at 8:05am — No Comments
SELL USD JPY AT 107.92 STOP LOSS 109.07 TAKE PROFIT 106.55
Added by A PRASAD REDDY on October 24, 2014 at 6:49am — No Comments
please from now on make sure you READ the daily trading order before you start trading.the orders will be published @ 12:30 AM or 7AM UK time on FX Street, ont witter & FB on daily basis, Happy Trading & hopefully all green, Good day.
Added by Pierre Chahine on October 24, 2014 at 6:41am — No Comments
Intraday outlook in EURUSD has turned neutral with risk to the downside , resistance comes at the 1.2666 levels . a failure to hold above the 1.2666 levels on a 4 hour closing basis , could mean a return to the 1.2613 levels , a cut will open the 1.2570 levels , further losses will aim the 1.2500 levels.
On the upside , resistance comes at the 1.2666 levels , break of the 1.2666 levels on a 4 hour closing basis will put the pair in recovery mode , but recovery above the 1.2666 should…Continue
EUR/USD: Already (LONG) bought the pair from 12715 & from 12625 (AV 12675)with TSL 12550 & TP 12874.
GBP/USD: Already (LONG) bought the pair from 16078 ADD 15995 with TSL 15954 & TP on 16220.
USDJPY: Already (SHORT) sold the pair from 107.84 with TSL 108.75 & TP on 105.20.
EUR/JPY: Already (SHORT) sold the pair from 136.04 ADD 13710 with TSL 137.70 & TP on 13380.
GBP/JPY: close the previous…
Added by Pierre Chahine on October 24, 2014 at 3:06am — No Comments
Gold: previous order closed with ( $ 8 Q) profit. Already (LONG) bought the precious metal from 1238 with TSL 1223 & TP 1257 & 1264.
Silver: Already (SHORT) sold it from 17.62 with TSL 17.58 & TP on 16.30.
Oil DEC: Already (LONG) the black liquid from (AV 80.64) with TSL 80.70 & TP on 82.84, THEN/OR sell it from 82.84 with TSL 84>20 & TP 79.05.
Added by Pierre Chahine on October 24, 2014 at 3:03am — No Comments
UK100 FTSE CFD: sell the index from 6484 TSL 6560 & TP is open.
GER30 DAX CFD: sell the index from 9134 with TSL 9240 & TP is open.
SPX500 CFD: Already (SHORT) sold the index from 1895 & from 1956 (AV 1225.50) with TSL 1985 & TP is open.
DJ30: close the previous order with 60 pips profit. sell the index from 16774 with TSL 16870 & TP is open.
NSDQ100 CFD: sell the index from 4064 with TSL…
Added by Pierre Chahine on October 24, 2014 at 3:01am — No Comments
EUR JPY 3 Min:
Today was a relentless up trend day. There was only one clear long price action signal which means the bulls would have been constantly frustrated at missing out on further gains and would have been looking for entries and gradually…Continue
Added by Constantine on October 23, 2014 at 5:30pm — No Comments
GBP/JPY: sell the pair from 173.64 with TSL 174>60 & TP is open.
Oil DEC: Already (LONG) bought the black liquid from 81.18 & from 80.10 (AV 80.64) with TSL 80.70 & TP on 82:90.
Added by Pierre Chahine on October 23, 2014 at 3:46pm — No Comments
October 23rd 2014. The last 24 hours was a bit frustrating regarding EURUSD and Gold positions but the account advanced another 2% so that’s the best kind of frustration I guess.
EURUSD – As some of you well know I am long EURUSD and frankly I’ve just bought more. As I say in the webinar the longer term trend is unquestionably down however shorter term we were overdue the most recent rally. Support comes via 1.2499 and I think I one…Continue
Added by Gary on October 23, 2014 at 3:14pm — No Comments
GBPJPY: Strengthens, Eyes Further Upside
GBPJPY – With GBPJPY taking back some of its intraday losses on Wednesday and strengthening during Thursday trading today, further upside pressure is expected. On the upside, resistance lies at the 173.50 level followed by the 174.00 level where a break will aim at the 175.00 level. A cut through here will aim at the 175.50 level. On the downside, support comes in at the 171.00 level where a violation will aim at the 170.00 level. A break below…Continue
Added by fxtech on October 23, 2014 at 12:54pm — No Comments
New age traders are least afraid of experimenting with their trading styles. CFD trading has often been considered as a potent means of diversifying one’s trading strategies. However, even the practice of CFD (Contract for Differences) is plagued by a set of myths—or for that matter unfounded perceptions which often deter budding traders to consider it as a possible investment style. Experts believe that as much as it is easy for these myths to develop, shrugging them off is…Continue
Added by FXstreet.com Promotions on October 23, 2014 at 12:00pm — No Comments
GBP USD 15 Min:
Price fell from the open forming a large bear trend candle which pulled back at the last moment to form a tail larger than the body, almost a Pin. It then formed a flag, specifically an outside inside outside complex. Technically the…Continue
Added by Constantine on October 23, 2014 at 10:38am — No Comments
The EURUSD continued its bearish momentum yesterday , printed resistance at the 1.2740 levels .This development leaves the pair targeting the 1.2570 levels , a halt is likely , but losing the 1.2570 levels will turn focus on the 1.2485 levels , further downside will aim the 1.2389 levels.
On the upside , resistance comes at the 1.2740 levels , break of the 1.2740 levels on a daily closing basis , will turn outlook neutral towards the 1.2886 levels , If this resistance is taken out ,…Continue
Added by Haitham653 on October 23, 2014 at 9:05am — No Comments