Please look at today technical levels, which will guide about the entry and exit levels.These are swing trading plans, so SL and TP are necessary as well as Breakout sell and Breakout buy.
Instrument Trend Recommendation 28-6-2013
Sell near1.3080,TP1.3025/03,SL1.3110 ,BOB1.3115
Sell below 1.5277,TP1.5240/03 ,SL1.5307 ,BOB1.5315
Sell below 1204,TP1190/83,SL1209,BOB1211
Buy near 98.55,TP99/99.25,SL98.20…
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JPY trader you still in market? Stop trading... And wait for strong breakout............ :)
Around 5 trading session all jpy pair must move like consolidation. Because it is just wait for news release. Strong breakout coming.. I think this breakout will support JPY because Japaneses economy now improving day by day. So trader friend,, wait for breakout and stay away from all jpy pair.
Check my all chart for clear…
The Gold continued to maintain its bearish momentum last week , after breaking below the 1321.88 levels, now pressure will be on the key support 1158.48, the GOLD will have to hold below the 1158.48 levels on a weekly closing basis to push the market for further downside losses, If seen it will target the 950.64 levels.
On the upside, a failure to hold below the 1158.48 levels on a weekly closing basis, could mean a return to the 1321.88 levels, where strong cap is suggested…
The twenty-two month decline of the rupiah against the dollar has taken on a more volatile and rapid tenor in the past six weeks and notably in the month since Federal Reserve Chairman Bernanke first proposed the curtailment and possible end of quantitative easing on May 22nd.
From July 4, 2012 to today's close the rupiah has lost 6.7%, but one third of that drop took place in the past month and a half.…Continue
Added by Joseph Trevisani on June 27, 2013 at 2:57pm — No Comments
Currently we are at 127.98 after breaking out of the down trend. We are looking for a continuation to the R4 @ 128.90 with the overall target at the former top @ 129.62. Could see a pullback to the old trend first so need the break of the R3 @ 127.98 today to confirm so be careful with unemployment numbers coming out which could totally change this. The average daily true range (ATR) for the pair currently is 239 pips.…Continue
NAB - "When we downgraded out forecast for the AUD earlier this month, we stressed that the risks around the new forecast track were asymmetric, meaning much more chance that the currency would fall further and faster than projected, than surprise to the upside. (...) in June 17th we said that these downside risks were eventuating and that our forecasts were under review for further downgrade. With AUD currently consolidating the 13% fall since mid-April we now formally revising our…Continue
EUR/USD is under pressure in Thursday trading, as the pair trades in the low-1.30 range. The pair lost more ground on Wednesday, after ECB President Mario Draghi said that the central bank’s monetary policy will remain loose. In the US, Final GDP was a disappointment, falling well below the estimate. Looking at Thursday’s releases, German Unemployment Change posted a sharp drop. Italian 10-year…Continue
Added by Yohay Elam on June 27, 2013 at 9:52am — No Comments
Added by Jason Sen on June 27, 2013 at 8:59am — No Comments
UBS - "EURUSD BEARISH Yesterday the pair closed below the strong support at 1.3034. The risk is for further downside with next support at 1.2797. Resistance is at 1.3151.
AUDUSD BEARISH With the MACD below its zero line, we expect the resistance at 0.9407 to hold on closing basis. Support is at 0.9143. A closing break below this will trigger deeper sell-off.
USDCAD BULLISH As a reaction to a sharp advance the pair is consolidating. Support at 1.0396 should hold for now. Resistance…
Added by Francesc Riverola on June 27, 2013 at 8:33am — No Comments
After couple of mix days USD seems to be gaining some strength. In current price action look to
USDCAD broke off strong support at 1.046700 and currently targeting 1.039 zone.Expect retest of 1.04650 and then a move short
Added by Sardar Uddin on June 27, 2013 at 8:27am — No Comments
Added by Usman Ali on June 27, 2013 at 7:46am — No Comments
Please look at today technical levels.
Instrument Trend Recommendation 27-6-2013
Sell below 1.3030,TP1.2975/50,SL1.3065 ,BOB1.3075
Sell below 1.5350,TP1.5300/5275 ,SL1.5375 ,BOB1.5385
Buy above 1235,TP1250/55,SL1230,BOS1228
Buy above 97.50,TP98/98.25,SL97.15 BOS 97
Buy near 95.35,TP96/96.20,SL95,BOS 94.95
CAD buy 10405 Stop 10392 Limit 10422 & 10482..
EUR :: 3048-52 SELL . STOP 3069 Limit 3027 & 2948....
GU ::: 5366 SELL . STOP 5382 LIMIT 5349 & OPEN....
GU :: Buy 5284 (scalp)
AUD : 9363 SELL .. STOP 9377 LIMIT 9340 & OPEN for rest..
A Daily white body has formed (because prices closed higher than they opened).
For the past 10 Daily candlestick bars as of 27/06/2013, there are 4 white candles versus 6 black candles with a net of 2 black candles.
For the past 50 Daily candlestick bars as of 27/06/2013, there are 28 white candles versus 22 black candles with a net of 6 white candles.
MACD is currently BEARISH. The MACD is currently below the…Continue
Added by Martin Kay on June 27, 2013 at 7:15am — No Comments
A Daily big black candle has formed. This is a bearish candle as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trend line, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle…Continue
Added by Martin Kay on June 27, 2013 at 7:13am — No Comments