Added by Andrius on February 27, 2015 at 9:49am — No Comments
Irving Kahn, the Manhattan money manager whose astounding longevity enabled him to carry firsthand lessons from the Great Depression well into the 21st century, has died. He was 109.
and earlier interview (c)…Continue
Added by Ron Schelling on February 27, 2015 at 9:40am — No Comments
URUSD broke through 1.1260 support after strong decline yesterday with a daily close outside of the range, so we assume that corrective blue wave (4) is now finally complete. If that was the case then it was a triangle placed in wave (4) so market should then continue straight down in sessions and days ahead. We anticipate five wave decline to a new low, probably to 1.0800-1.0940 area.
EURUSD 4h Elliott Wave Analysis…
Added by Gregor Horvat on February 27, 2015 at 8:24am — No Comments
Latest Ranking of Managed Forex Funds:
Added by Ron Schelling on February 27, 2015 at 8:04am — No Comments
Despite rejection from 1.5539 levels , outlook in GBPUSD remains on the upside , resistance comes at the 1.5539 levels , sustained breakout – daily closing – above this level will target 1.5619 levels , a halt is likely , but a clear break will pave the way towards the 1.5785 levels , further upside will target the 1.5941 levels …
On the downside , support comes at the 1.5393 levels , a failure to hold below the 1.5393 levels on a daily closing basis could mean a return to the 1.5551…Continue
Added by Haitham653 on February 27, 2015 at 7:25am — No Comments
Finally , the EURUSD broke out of sideways range yesterday , topped at the 1.1379 levels and bottomed at the 1.1182 levels . This development leaves the pair targeting the 1.1087 levels , a halt is likely but a cut would open 1.0965 next , further down will target the 1.0835 levels .
On the upside , resistance comes at the 1.1278 levels ahead of the 1.1379 levels (main) , stability below both levels will keep the pair under pressure , however , sustained breakout – daily closing above…Continue
Added by Haitham653 on February 27, 2015 at 7:21am — No Comments
R4 - 1.2775 / R3 - 1.2697 / R2 - 1.2662 / R1 - 1.2617
S1 - 1.2380 / S2 - 1.2353 / S3 - 1.2314 / S4 - 1.2200
BUY AT 1.2495 FOR 1.2800 STOP AT 1.2380
Added by Andrius on February 27, 2015 at 7:08am — No Comments
EURGBP was sold at lower levels for a 4th day in succession Thursday. This took EURGBP to new 7 year lows and to the bottom band of a falling Keltner channel. The scope of this week's moves – more than a big figure – means intraday signals are over-stretched but, currently, profit taking is likely to remain temporary and limited. So, coupled with bearish momentum and strength indicators we look for lower levels to continue to…Continue
Added by Alan Collins on February 27, 2015 at 7:02am — No Comments
Gold prices lowered against the US dollar last night, placed low 1203.46 after placing high 1219.90. Strong bullish sentiments are founded above the price level 1205 and strong indication we can see in daily graph. The daily pivot level is 1210. A strong triangle breakout can be seen in daily graph. Technically this metal is in strong bullish trend.
1) SMA100 and SMA200 are acting as a support in h1 graph.
2) Ichimoku cloud signal is bullish in h1 graph but bearish in d1 graph.…
Added by Usman Ali on February 27, 2015 at 6:53am — No Comments
EURUSD: Declines On Sell Off
EURUSD: With EUR triggering a strong sell-off on Thursday, further downside pressure is envisaged. Support is seen at 1.1100 level with a cut through here opening the door for more downside towards the 1.1050 level. Further down, support lies at the 1.1000 level where a break will expose the 1.0950 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance lies at the 1.1250 level where a violation will aim at the…Continue
Added by fxtech on February 27, 2015 at 4:21am — No Comments
GBPUSD – Down
AUDUSD – Down…Continue
Added by Hendro Wafiq on February 27, 2015 at 1:54am — No Comments
EUR-USD BELOW 1.1450 FINALY TERGET 1.1156-1.1045- 1.0930
SL ABOBE 1.1650
Added by Md Isha Baqer on February 26, 2015 at 11:31pm — No Comments
Added by Md Isha Baqer on February 26, 2015 at 6:42pm — No Comments
Weekly USD/ZAR chart below.
Weaker against USD and EUR on Gov. budget deficit but also outside factors are helping.
Watch wide support and resistance levels
Added by Ron Schelling on February 26, 2015 at 4:47pm — No Comments
EUR USD 5 Min:
Price feel strongly from open then retraced relatively strongly, to the extent that this retracement then had its own subretracement.leaving open the possibility that price may have gone on back up to reverse the morning drop. In the subretracement…Continue
Added by Constantine on February 26, 2015 at 4:45pm — No Comments
USD JPY 30 Min:
Price fell in a spike channel and spike from London open. It then rose in two waves: High 1 Low 1 High 2 Low 2 which immediately failed engulfing up with entry being 1 pip above the previous candle. Entry also broke two channels (red lines), a perfect…Continue
Added by Constantine on February 26, 2015 at 4:35pm — No Comments
160 pip move so far today with eur/usd. This is looking strong and it is in line with my view of this final decline. This is already below the support line of the long corrective move and should be minuette wave 3 of minute wave 5. I have not labeled this in the chart yet but very strong downward move from eur/usd.
This is likely going to bottom around 1.105 before reversing this long bear trend
upside moves should limit below resistance line of the minute wave double zigzag…Continue
Added by Ville Vainio on February 26, 2015 at 4:26pm — No Comments
Outlook in AUDUSD remains on the upside as long as 0.7836 support holds on a daily closing basis , resistance comes at the 0.7900 levels , a halt is likely , but a break would open 0.7965 next , further upside will target the 0.8077 levels.
On the downside , support comes at the 0.7836 levels , losing this level on a daily closing basis will bring a corrective pullback and open main support at the 0.7739 levels before the next rise , however ; sustained breakout , daily closing below…Continue
USD CAD Half hour:
Today had a major data release. It does not matter what it was or even the fundamental result. What matters is the price action.
Price fell 40 pips with the news. It then rose gradually but steadily the half hour candle…Continue