August 27th 2014 – I remain long GBPUSD just under recent resistance at 1.66 and while I do see this market declining over the course of the coming weeks, I believe both this and many other markets are stretched right now and this is the reason for my long…Continue
Added by Gary on August 27, 2014 at 12:30pm — No Comments
USDCAD: Weakens, Targets The 1.0850 Level
USDCAD: With USDCAD selling off strongly, further downside is likely in the days ahead. On the downside, support lies at the 1.0850 level followed by the 1.0800 level where a break will aim at the 1.0750 level and then the 1.0700 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance is seen at the 1.0950 level where a violation will target the 1.1000 level followed by the 1.1050 level. Further out,…Continue
Added by fxtech on August 27, 2014 at 11:45am — No Comments
One Tsunami about to end? ...Is another in the making ?
The talk of the town right now is whether the US Fed Reserve is indeed going to raise interest rates next year. Looking at US Dollar index,…Continue
Added by Omkar Godbole on August 27, 2014 at 11:00am — No Comments
Trade Idea - Sell GBP/JPY @ 172.21 Target 170.96 Stop Loss 173.05
I Sold GBP/JPY pair at above mentioned levels and expect the target to be reached in next week. I have turned bullish on Yen and thus bearish on yen crosses for the reasons that I shall discuss in next blog…Continue
*** Intra-Daily Trading Strategy: SELL British Pound / US Dollar
Sell Target: 1.6522
Sell Stop: 1.6616
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING…Continue
Added by Martin Kay on August 27, 2014 at 4:36am — No Comments
Added by Octavio Dolores on August 26, 2014 at 4:52pm — No Comments
Norway's consumer confidence up 2.3 bp to 20.5 in Q3.
That's 0.6 bp above the historical average.
Added by Ron Schelling on August 26, 2014 at 4:45pm — No Comments
EUR USD 5 Min:
Price fell from open rising without clear buy signals back to opening price hitting a perfect double top pull back (bold dotted black line) at a measured move (blue bold lines) an up down complex with entry 1 pip below the bull signal candle breaking a mini TL. Also it was a failed BO of the R1 pivot level with price…Continue
Added by Constantine on August 26, 2014 at 1:30pm — No Comments
Outlook in GBPUSD remains on the downside as long as resistance 1.6610 holds on a daily closing basis ,support comes at the 1.6535 levels , losing this level will open 1.6440 levels , a halt is likely , but further losses will aim the 1.6330 levels…
On the upside , resistance comes at the 1.6610 levels , break of the 1.6610 levels on a daily basis will turn outlook neutral towards the 1.6678/1.6738 levels before the next fall….
In all , as long as resistance 1.6610 holds on a…Continue
Added by Haitham653 on August 26, 2014 at 11:15am — No Comments
Outlook in EURUSD remains on the downside as long as resistance 1.3216 holds on a daily closing basis , support comes at the 1.3155 levels , losing this level will open 1.3080 next , further losses will aim the psychological level 1.3000..
On the upside , resistance comes at the 1.3216 levels , sustained trading – daily closing – above this level will turn outlook neutral for retesting the 1.3295/1.3363 levels before the the next fall , above 1.3363 would recapture main resistance at…Continue
SELL GOLD AT 1286 STOP LOSS 1294 TAKE PROFIT 1273
BUY GBPAUD AT 1.7812 STOP LOSS 1.7782 TAKE PROFIT 1.7864
Added by A PRASAD REDDY on August 26, 2014 at 10:07am — No Comments
There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”Jesse Livermore – Legendary Trader. 1877-1940
August 26th 2014 – I’ve bought some EURUSD just above 1.32 as a scalping trade. I’ve entered in small size and will scale up over the course of the…Continue
Added by Gary on August 26, 2014 at 8:00am — No Comments
EUR/USD: Already (LONG) bought the pair from 133:42 & from 13248 (AV 13295) with TSL 131:48 & TP is on 133:08.
GBP/USD: Already (LONG) bought the pair from 166:95 & from165:85 (AV 16640) with TSL 164:85 & TP on 166:54.
USDJPY: Already (SHORT) sold the pair from 102:88 & from 103:40 ( AV 103:14)with TSL 104:72 & TP on 102:60.
EUR/JPY: Already ( SHORT) sold the pair from137:90 with TSL 138:90 & TP…
Added by Pierre Chahine on August 26, 2014 at 7:08am — No Comments
Gold: Already (LONG) bought the precious metal from 1298 & from 1282 (AV 1291) with TSL 1264 & TP 1301.
Silver: Already (LONG) bought the good from 19:58 with TSL 18:58 & TP 19:70.
Oil: Already (SHORT) sold the black liquid from from 94:34 with TSL 94:30 & TP on 91:60.
Added by Pierre Chahine on August 26, 2014 at 7:06am — No Comments
FTSE-100 CFD:Already (SHORT) sold the index from 6695 & from 6754 (AV 6724)with TSL 6874 & TP on 6724.
DAX 30 CFD: Already (SHORT) sold the index from 9438 with TSL 9565 & TP 9438.
SPX500: CFD: Already (SHORT) sold (AV 1956) & from 1994 (AV 1970) with TSL 2032 & TP on 1970.
NSDQ100 CFD: Already (SHORT) sold the index (AV 3966) & from 4070 (AV 4018)with TSL 4118 & TP on 4018.
Added by Pierre Chahine on August 26, 2014 at 7:03am — No Comments
Important news:Core Durable Goods Orders m/m @05:30pm,CB Consumer confidence 7pm
BOB stands for break out buy and BOS stands for Break out sell. When a stop loss hit, this pending order will recover the loss. The TP for this limit should be…
Added by Usman Ali on August 26, 2014 at 6:00am — No Comments
This analysis is about the intraday key support/resistance levels for EUR/USD . These levels are identified as per technical outlook and the discerned movement till date that includes the fundamental analysis also. These levels therefore give you a high probability case for price to bounce/pull back (by 5-20 pips) when it reaches these levels for the first time in the day. So follow these levels and make better trade set ups!
Monday's high 1.3209, low…Continue
Added by Nili on August 26, 2014 at 5:06am — No Comments
EURJPY: Declines, Faces Further Pullback Risk
EURJPY- With a follow through lower seen on the back of its Friday weakness today, more decline is now envisaged. Support comes in at the 137.00 level where a break will aim at the 136.50 level. A break will target the 135.72 level with a breach turning focus to the 135.00 level. Below here will aim at the 134.50 level where a violation if seen will aim at the 134.00 level. On the upside, resistance resides at the 137.66 level where a…Continue
Added by fxtech on August 25, 2014 at 1:55pm — No Comments