Below the USD/RUB long term monthly chart showing the weakness of the Russian Ruble against the US Dollar, especially the last months.
Russia is considering capital controls amid the worst performance in emerging markets for the nation’s bonds and currency sent the ruble tumbling past the level at which the central bank said it would step in.
Added by Ron Schelling on September 30, 2014 at 5:16pm — No Comments
EUR USD 10 Min:
Price formed a classical spike and channel pattern after the morning news release eventually stopping at a perfect double bottom as marked by the two Pin candles. Price then rose breaking the down channel (red slanting lines) and then fell to just break the bottom of the first bull candle which was at a perfect measured move.…Continue
Added by Constantine on September 30, 2014 at 4:15pm — No Comments
Oil: NOV : previous order closed with 95 pips loss, buy the black liquid from 9165 with TSL 90.30 & TP 95.64.
Added by Pierre Chahine on September 30, 2014 at 3:39pm — No Comments
Added by Francesc Riverola on September 30, 2014 at 2:13pm — No Comments
EUR/USD: Already (LONG) bought the pair from 12637 with TSL 12524 & TP 12812.
GBP/USD: Already (LONG) bought the pair from 16284 & from 16180 ( AV 16232 )with TSL 16138 & TP 16414.
USDJPY: Already (SHORT) sold the pair from 10888 & from 10956 (AV 109.22) with TSL 11044 & TP 10864
EUR/JPY: Already (LONG) the pair from 13964 & from 13850 (AV 13905) with TSL 13763 & TP on…
Added by Pierre Chahine on September 30, 2014 at 2:07pm — No Comments
EURJPY: Weakens, Maintains Downside Bias
EURJPY- With EURJPY turning lower on a sell-off during Tuesday trading session, the risk is for more weakness to occur. Support comes in at the 137.50 level where a break will aim at the 137.00 level. A break will target the 136.61 level with a breach turning focus to the 136.00 level. Below here will aim at the 135.50 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance resides at the 138.50 level…Continue
Added by fxtech on September 30, 2014 at 2:06pm — No Comments
Gold: Already (LONG) bought the precious metal from 1206 , add 1194 with TSL 1180 & TP 1240.
Silver: Already (LONG) bought the grey metal from 17.12 with TSL 16.54 & TP on 18..22,
Oil: NOV : previous order closed with 220 pips profit. buy the black liquid from 93.25 with TSL 92.30 & TP 95.64.
Added by Pierre Chahine on September 30, 2014 at 2:04pm — No Comments
FTSE-100 CFD: Already (SHORT) sold the index from 6686 with TSL 6758 & TP on 6540.
DAX 30 CFD: sell the index 9497 with TSL 9619 & TP on 9314.
SPX500: CFD: Already (SHORT) sold 1970, add 1995 with TSL 2042 & TP on 1945.
DJ30: Already (SHORT) sold the index from 17108, add 17164 with TSL 17226 & TP 16840.
NSDQ100 CFD: Already (SHORT) sold the index (AV 3966) & from 4070 (AV 4018)with TSL…
Added by Pierre Chahine on September 30, 2014 at 2:02pm — No Comments
What do you think?
Do you see yourself represented by any of the retail traders that appear in this documentary?
EUR JPY 10 Min:
Today price opened and ranged waiting for a major news announcement then spiked down going on to form a classical spike and channel pattern. Price reached a measured move of the 5 min spike (short horizontal red line) and broke through the S3 daily pivot level 3 times, each time failing to close below it. Here was also a…Continue
Added by Constantine on September 30, 2014 at 12:14pm — No Comments
USDJPY is bullish trading sideway may rise to 111.00 only daily close below 109.05 will change Usdjpy to bearish
for 107.50 suggest to sell on a daily close below 109.05 with stop of 50 pip
Added by peter tec on September 30, 2014 at 9:57am — No Comments
On the FX, we are still tracking bullish counts for the USD against several pairs. On GBPUSD we adjusted the wave count, where structure is still looking bearish as rally from the low seems to be in three legs and limited at former swing low. Therefore, trend remains down for now, but rally above former wave iv) would put bearish view in question.
GBPUSD 1h Elliott Wave Analysis…
Added by Gregor Horvat on September 30, 2014 at 9:30am — No Comments
German Unemployment Change measures the change in the number of unemployed people during the previous month.
Usual Effect: A high reading or a better than expected number is seen as negative for the EUR, while a low reading is positive.
Frequency: Released monthly, about 30 days after the month ends
Last Read :3 K
Expectations :-2 K
Actual : 13…Continue
Added by Haitham653 on September 30, 2014 at 8:29am — No Comments
September 30th 2014. The USD run has at this point probably gone too far, too fast and yet the pressure remains on the likes of EURUSD which is a key driver of many other pairs. The catalyst for a further move lower could come via Thursday’s ECB meeting and Initial Jobless claims from the States.
NZDUSD – This pair has done…Continue
Added by Gary on September 30, 2014 at 8:24am — No Comments
We have been pausing for breath over the past week to relieve the overbought conditions before the next leg higher. If we can beat last week's high at 178.60/70 we can re-start the bull trend & target trend line resistance at 179.20/25. Above here we look for a retest of September highs at 180.60/66.
The 3 day low of 177.25/10 is key for today. A break lower does look possible & should target support at 176.45/35 for a buying opportunity with stops below 176.00. Go with a…Continue
Added by Jason Sen on September 30, 2014 at 6:37am — No Comments
We have stablised over the past 2 sessions but will only look more positive above immediate resistance at 139.05/15. Be ready to go with a break higher to target 139.42/45. Exit longs & try shorts here with stops above 1.3960. If we can reach as far as 1.3970/75 try shorts again with stops above 139.90.
Failure to hold above 138.70/65 keeps the market under pressure & targets the 2 week low at 138.40/35. Obviously this is key but a break lower looks increasingly likely for…Continue
Added by Jason Sen on September 30, 2014 at 6:36am — No Comments
However we are ranging for 3 days now & this may continue throughout the week to unwind oversold conditions. The 2 day low is 7795 but below here tests September lows at 7781. A break lower always likely in a bear trend & we then look for a test of important 2012 lows at 7753. A yearly low is always going to grab attention. This is also 7 year Fibonacci support BUT last time we bottomed here we also had the 200 month moving average here adding support. This is not the case now.…Continue
Added by Jason Sen on September 30, 2014 at 6:32am — No Comments
Immediate support is 9480/76. Try longs with stops below 9460. A break lower then meets the next support at 9440/35 & a low for the day expected if we fall this far. Try longs again with stops below 9420.
Immediate resistance at September highs of 9530/32. A break higher always a strong possibility in this bull trend & should target 9560/65 then 9595/9600 perhaps later in the week.…
Added by Jason Sen on September 30, 2014 at 6:30am — No Comments
We could reach as far as strong resistance at 9590/95 today. Exit longs & try shorts with stops above 9615. An unexpected break higher however sees 9595/90 act as support for a move towards 9640/50. Again exit longs & try shorts with stops above 9670.
There is a good chance we will be unable to beat 9590 keeping the outlook negative for a return to last week's low at 9540/35. A break below the 2 day low at 9510/08 should trigger stops in the market & targets important key…Continue
Added by Jason Sen on September 30, 2014 at 6:30am — No Comments
The parameters of this flag are resistance at 1.1155/60 & support at 1.1110. Trade these levels until we see a breakout. Exit shorts & try longs at 1.1110/00 with stops below 1.1080.
Trying shorts at 1.1155/60 is more risky in a bull trend so keep stops tight at 1.1170. Be ready then to go with a break above 1.1180 for a move towards 1.1220/25 & possibly as far as 1.1245/50 this week to exit any longs. Above we meet this year's high at 1.1278 & can try shorts within…Continue
Added by Jason Sen on September 30, 2014 at 6:28am — No Comments