November 2014 Blog Posts (318)

GOLD: commodity technical outlook

GOLD: Recovery Threat Builds Up..



GOLD: With GOLD looking to put in a temporary bottom, its faces a recovery threat. On the downside, support stands at the 1,180.00 level. Below here if seen could trigger further downside towards the 1,150.00 level where a break will aim at the 1,130.00 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance lies at the 1,215.54 level where a break will target the 1,230.00 level followed by the 1,250.00… Continue

Added by fxtech on November 3, 2014 at 9:04pm — No Comments

100 pips Upside Journey? 04.11.2014

Added by Farida Rahman on November 3, 2014 at 7:32pm — 6 Comments

Eur/Usd 100 pips Upside Journey? 04.11.2014

Added by Farida Rahman on November 3, 2014 at 7:30pm — No Comments

GBPUSD: daily technical strategist

GBPUSD: Looks To Recover Higher On Correction



GBPUSD: With GBP seen halting its downside pressure during Monday trading session, it faces the risk of a move higher on correction. On the downside, support lies at the 1.5950 level where a break will aim at the 1.5900 level. A break of here will turn attention to the 1.5850 level. Further down, support lies at the 1.5800 level. Resistance resides at the 1.6050 level with a break aiming at the 1.6100 level. A violation will aim at the…

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Added by fxtech on November 3, 2014 at 2:51pm — No Comments

Forex & Futures Outlook

Added by 50Pips on November 3, 2014 at 8:53am — No Comments

Month beginning time-prime events could bring more surprises

Dear All

This week 03-07 November  being first week of the month ,we expect very volatile moves in the market.Already big moves are seen in majors  and commodity pairs.We could see lower level consolidation with frequent downward stop hunt followed by good rise in EURO and GBP.

I have given the session wise expected moves in the five days of this week and also the range in which the currencies could swing in this week during my Asian session: Live market analysis…

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Added by Dr. Sivaraman on November 3, 2014 at 8:44am — 2 Comments

EURUSd Elliott Wave Analysis: Impulsive Downtrend

EURUSD is in clear bearish trend, forming a nice impulsive downtrend now breaking to new lows again after recent fourth wave rally back to 1.2880 that appears completed. As such, we expect more weakness in the next couple of days, maybe even weeks towards 1.2000-1.2100 projected region for wave 5) that is now in progress.

EURUSD Daily Elliott Wave Analysis…

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Added by Gregor Horvat on November 3, 2014 at 8:14am — No Comments

Aussie looking to correct higher as longs as 9690 holds

Added by Carol Harmer on November 3, 2014 at 8:12am — No Comments

EURUSD Weekly Forecast Nov 03 2014

Last week , the EURUSD broke below the psycho level 1.2500 , topped at the 1.2770 levels , bottomed at the 1.2485 levels and closed at the 1.2516 levels .This week focus will be on (ECB) Interest Rate Decision (Nov),Monetary policy statement and press conference. Things are expected to remain the same with no critical changes , however , any surprise by the ECB should only bring limited gains ( an opportunity to short at resistance levels).let’s take a quick look the most critical data first…

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Added by Haitham653 on November 3, 2014 at 6:00am — No Comments

FOREX forecast 03.11.2014-07.11.2014

EUR under a heavy downside pressure again after last week's FED meeting and has broken the 1.2500 support, currently trading below it too. Weekly, Daily and H4 indicators are bearish so another push downside is ahead. Seems that the EUR will look for support around 1.2200-1.2140 and finally 1.2000. It may seem too catastrophic but prices below 1.2000 are also possible, but maybe next year. For now EUR is bearish below 1.2530 and first resistance is now 1.2500.

GOLD dropped sharply to…

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Added by Vladimir Mihaylov on November 3, 2014 at 5:53am — 1 Comment

Weekly Technical Strategist On EURUSD

EURUSD: Pressure Builds On Key Support

EURUSD: With a follow through higher occurring the past week, further downside pressure is expected in the new week. However, EUR will have to break and hold below the 1.2500 level to extend its weakness. On the other hand, support lies at the 1.2500 level where a break will expose the 1.2450 level. Below here will pave the way for a move lower towards the 1.2400 level. If this continues, expect further downside to occur towards the 1.2350 level.…

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Added by fxtech on November 2, 2014 at 5:36pm — No Comments

Week 45 trading stubs, only bulls on the horizon

After quite slow start last week volatility certainly picked up after FOMC meeting ending up with more USD strength across. What was more surprising the day after, when BOJ came up with intent to prolong their QE, that sent JPY to new lows across many pairs. The longs on CAD/JPY and GBP/JPY netted around +500 pips in total each, well done to traders who took advantage. Coming week looks heavy on fundamental data as well that is surely to move the markets. Firstly…
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Added by FuturesMO on November 2, 2014 at 4:22pm — No Comments

USDX trend line break will be the biggest dollar bull markets in decades !

If we break the trend line we will be entering potentially one of the biggest dollar bull markets in decades, if not ever. 
(c)
http://www.businessinsider.com/raoul-pal-dollar-chart-2014-10#ixzz3Hurd2SJJ

Added by Ron Schelling on November 2, 2014 at 1:00pm — No Comments

USD Index Spot (Not the USDX)

The average of 6 major spot currency pairs against the USD.

More charts on:

www.2hedge.com/mmfxtrend.html

Added by Ron Schelling on November 2, 2014 at 12:58pm — No Comments

Expecting NZD weakness 03-07 Nov

Just thinking aloud, not recommending any trade. Let us take a look at NZDUSD on the daily. The downtrend that started in July halted in the end of Sep and then began a period of consolidation that has a mix of red and white days. The bulls made some ground but the bias has shifted to the down side again. The counter - trend line (blue) has been broken rather convincingly last Fri and I am thinking that a big move down is not far away.…

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Added by Oasis on November 1, 2014 at 7:00pm — No Comments

The Week Ahead On USDCHF

USDCHF: Closes Higher But Faces Pullback Risk.

USDCHF: The pair closed strongly higher the past week leaving risk of further upside on the cards. On the upside, resistance resides at the 0.9662 level where a break will aim at the 0.9750 level. Further out, resistance resides at the 0.9800 level. A breather may occur here and turn the pair lower. Its weekly RSI is bullish and pointinmg higher supporting this view. On the downside, support lies at the 0.9600 level with a break targeting…

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Added by fxtech on November 1, 2014 at 2:12pm — No Comments

Target Trading in the Forex upcoming week of November 2, 2014

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.2524 in a 5th wave.  We are looking for the first target @ 0.2403 with an overall target in the S6/1.270 Fibo area @ 1.2423.  The average daily true range (ATR) for the pair currently is 112 pips.

 

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$USDJPY …

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Added by Scott Barkley on November 1, 2014 at 2:08pm — No Comments

FX Light - So Much For The SPX Short Trade

Jesse Livermore 1877-1940 

November 1st 2014. With the S&P closing at an all-time high we need to consider the possibility that the buck and SPX are no longer correlated. For all of 2014 so far there have been two fundamental plays.…

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Added by Gary on November 1, 2014 at 10:34am — No Comments

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