USD/SEK 2 year low against USD and a 2 month low against the EUR after voters elected a minority government, which could trigger political uncertainty in Scandinavia's biggest economy.
It later recovered partly.
Dollar strength and political uncertainty are moving the SEK now.
Added by Ron Schelling on September 15, 2014 at 6:35pm — No Comments
"We highlighted developments on the weekly chart Friday but it is probably worth reiterating what is going on here after USDCAD closed out the week at its best levels since March. The broader bull trend is slowly but surely getting back on track after the Q2 correction; that slide saw funds test, and hold, major support defined by the trend off the 2012 low and the 40- week/200-day MA. The consolidation since March formed a bull wedge and the July break above…Continue
Added by Daologic on September 15, 2014 at 2:55pm — No Comments
GBP USD 10 Min:
Today was a difficult day to trade without many clear signals. It was a National holiday in Japan although of course the relevance to the European session is questionable, or is…Continue
Added by Constantine on September 15, 2014 at 2:47pm — No Comments
AUDUSD: Halts Weakness, Looks To Recover Higher.
AUDUSD: With the pair halting its past week sell off during Thursday trading today, we envisaging a corrective recovery higher in the days ahead. Support lies at the 0.8983 level. A cut through here will turn attention to the 0.8950 level and then the 0.8900 level where a violation will set the stage for a retarget of the 0.8850 level. On the upside, resistance resides at the 0.9108 level where a breach will aim at the 0.9150 level.…Continue
Added by fxtech on September 15, 2014 at 2:34pm — No Comments
Reference High - 1.62461
Reference Low - 1.62405
Japanese Session High - 1.62583
Japanese session Low - 1.62286 (breached day's low and current low).
European session High - 1,62670 ( breached Japanese and day's high and is current…Continue
GBP/USD’s recovery is at risk following the emergence of a Hanging Man formation on the daily. If confirmed by a successive down-day the reversal formation would warn of a pullback to the pair’s recent lows near 1.6060.
Added by ABDULLAHI on September 15, 2014 at 12:48pm — No Comments
Added by ABDULLAHI on September 15, 2014 at 12:46pm — No Comments
SELL NZD/USD AT .8159 STOP LOSS .8173 TAKE PROFIT .8141
Added by A PRASAD REDDY on September 15, 2014 at 12:36pm — No Comments
Friday we did edge a little higher beating 1.2957/62 to stop just 6 pips from our next target of 1.2986/96. Be aware that this area could hold a rally again today but shorts here need stops above 1.3015 for a move towards 1.3040. Any further gains this week should target 1.3080/85 for a selling opportunity.
We are now just dipping back to the 1.2957/62 level & if we continue lower as seems likely look for a test of support at
1.2915/10. A bounce…
Added by Jason Sen on September 15, 2014 at 11:48am — No Comments
AUDUSD negative head & shoulders pattern continued to dominate with accelerated moves to the downside exactly as
predicted. Last week worked perfectly with losses every day as forecast & 9080 worked perfectly as resistance on Friday. All week we have warned the measured target for this head & shoulders pattern could be 8980!!! Today we have hit 8998 so far!!!
If you followed us and ran shorts it is now time to for profit taking & a…
Added by Jason Sen on September 15, 2014 at 11:48am — No Comments
September 15th 2014 This is the week of the Scottish referendum and considering the downside riskactually think markets have not sold off enough. Certainly looking at last week’s weekly Hammer Candlestick I would normally be quite keen to buy GBPUSD…Continue
Added by Gary on September 15, 2014 at 8:44am — No Comments
Every one is expecting EURO and GBP to gain to do buy and sell trades after the drop they made till first week of September.Analaysts give varied views perceing the charts from high to low and low to high of several months.Now more uncertanity is created by FOMC and scott independence.In this context what is expected off from EURO and GBP in this week.
I have given the expected market moves- the session wise forecast for the week during my Asian sssion Live market…Continue
Added by Dr. Sivaraman on September 15, 2014 at 8:39am — No Comments
EURUSD has been falling sharply for the last couple of months and forming an extended decline from 1.3700 which we think it represents wave 3) within a larger bearish trend. As such, current price may extend much lower, even to 1.2700 before we get a corrective rally of a larger degree, back in wave 4).
This bearish move was already anticipated on our past update
EURUSD Daily Elliott Wave…
Added by Gregor Horvat on September 15, 2014 at 8:06am — No Comments
Do you agree with Tor?
How to become a successful FX trader
by Tor Vollalokken
Either you want to be a lawyer,…Continue
Added by Francesc Riverola on September 15, 2014 at 8:01am — No Comments
Outlook in USDJPY remains on the upside as long as support 105.70/104.98 holds on a weekly closing basis , resistance comes at the 108.20 levels , a halt is likely, but a clear break above the 108.20 levels will have large bullish implication towards the 110.65 levels…
On the downside , support comes at the 105.70 levels ahead of the 104.98 levels ( main) , below the 104.95 levels will turn outlook neutral for retesting the 104.09/103.54 levels before the next rise……
In all ,…Continue
Outlook in GBPUSD remains on the downside as long as resistance 1.6271 holds on a weekly closing basis , support comes at the 1.6058 levels , losing this level will open 1.5853 next , a halt is likely , but further losses will aim the 1.5500 levels..
On the upside , resistance comes at the 1.6271 levels , sustained trading above this level will turn outlook neutral for retesting the 1.6440 levels before the next fall…However ; a clear break above the 1.6440 levels will bring strong…Continue
Added by Haitham653 on September 15, 2014 at 6:13am — No Comments
Despite hesitation last week , outlook in EURUSD remains on the downside as long as resistance 1.2978/ 1.3077 holds on a weekly closing basis , support comes at the 1.2859 levels , losing this level would open 1.2754 next , further losses will pave the way towards the 1.2660 levels ahead of the 1.2500 levels .
On the upside , minor resistance comes at the 1.2978 levels , sustained trading above this level would only weaken the current bearish run for retesting the 1.3077 levels…Continue
Added by Haitham653 on September 15, 2014 at 6:08am — No Comments
Added by Carol Harmer on September 15, 2014 at 5:58am — No Comments