Added by Sheeda Pastaol on July 27, 2014 at 11:42pm — No Comments
A respectful preamble. In a 2012 FX Trader Magazine interview to promote Inside the Currency Market, my hypothesis at that point to understand exchange rates and markets was "Know thy Nation". My interpretation for trader success then was understand individual Central bank monetary policy, understand each nation's bond and yield movements, basic market functions and generalized understanding how central banks think and operate. Australia and New Zealand are brothers whose…Continue
EURUSD: Vulnerable, Targets Further Downside With Caution EURUSD: Outlook for EUR remains lower following a bearish price extension the past week. Corrective may occur in the new week. Support lies at the 1.3000 level where a break will expose the 1.3350 level. Below here will pave the way for a move lower towards the 1.3300 level. If this continues, expect further downside to occur towards the 1.3250 level. Its weekly RSI is bearish and pointing lower supporting this view. On the upside,…Continue
Added by fxtech on July 27, 2014 at 8:36pm — No Comments
A little cautious on continuing lower, COT positioning seems a little…Continue
Added by Futuristic on July 27, 2014 at 3:16pm — No Comments
As the markets closed out with a bang to end the week, they have plenty to look forward to this upcoming week. The US Dollar broke above and closed above the 81 level this past Friday, the US Stock Markets plummeted as well to end on Friday, with the Dow Jones closing down 123 points and the S&P down 10. With the falling stock markets and all the geopolitical events especially in Gaza, Gold did manage to hold 1290 and close above 1300. At the very end of the day, we did get what appeared…Continue
Added by martin on July 27, 2014 at 3:11pm — No Comments
What ProAct Forex Target Traders See: We are currently sitting @ 1.3432. The pair is in a nice channel inside the downtrend. We are looking for continuation to the S6 @ 1.3354 and a corrective bounce there for a continuation to 1.3110. The average daily true range (ATR) for the pair currently is 40 pips.
Added by Scott Barkley on July 26, 2014 at 4:33pm — No Comments
USDCHF: Remains On The Offensive
USDCHF: With a second week of recovery higher occurring the past week, further upside is likely. On the upside, resistance resides at the 0.9100 level where a break will aim at the 0.9150 level. Further out, resistance resides at the 0.9200 level. A breather may occur here and turn the pair lower but if broken it will aim at the 0.9250 level. On the downside, support lies at the 0.8950 level. A cut through here will target the 0.8900 level where a…Continue
Added by fxtech on July 26, 2014 at 9:14am — No Comments
NZD/USD: close now the order with profit of 150 pips.
Added by Pierre Chahine on July 25, 2014 at 4:48pm — No Comments
USD/CAD: close now the pair with 110 pips profit.
AUD/USD: close now the pair with 30 pips profits,
Added by Pierre Chahine on July 25, 2014 at 4:30pm — No Comments
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Visit the sites below to learn more and register free!Continue
Currently we are at 0.8509. We are looking for a continuation to the R3 area @ 0.8527 ( watch for the possible head and shoulders there) with a further target at the WEEK chart trend @ 0.8563. The average daily true range (ATR) for the pair currently is 41`pips.…Continue
Added by Scott Barkley on July 25, 2014 at 1:03pm — No Comments
Outlook in GBPUSD remains on the downside as long as resistance 1.7000/1.7040 holds on a daily closing basis , next support comes at the 1.6965 levels , losing this level would open 1.6900 next , further downside will aim the 1.6825 levels…….
On the upside , resistance comes at the 1.7000 levels ahead of the 1.7040 levels ( main) , break of the 1.7040 levels on a daily basis will turn outlook neutral for retesting the 1.7082/1.7143 levels before the next fall…
In all , as long…Continue
Added by Haitham653 on July 25, 2014 at 9:25am — No Comments
Outlook in EURUSD remains on the downside as long as resistance 1.3490/1.3548 holds , support comes at the 1.3458 levels , losing this level would open 1.3390 next , further downside will aim the 1.3310 levels…more losses will pave the way towards the 1.3220 levels……
On the upside , resistance comes at the 1.3490 levels ahead of the 1.3548 levels, break of the 1.3548 levels on a daily closing basis will open the 1.3627 levels before the next fall….
In all as long as resistance…Continue
Added by Haitham653 on July 25, 2014 at 9:22am — No Comments
EUR/USD: already bought the pair from 135:08,add 134:14 with TSL 133:64 & TP is 135:68.
GBP/USD: already closed the pair with 200 pips profit, now buy it from 16924 with TSL 16812 & TP is 17280.
EUR/JPY: already bought the pair from 136:94, add 136:14 with TSL 135:48 & TP 137:64.
GBP/JPY: buy the pair from 172:36 with TSL 171:42 & TP 175:16.
USDJPY: already sold the pair from 101:92 with TSL…
Added by Pierre Chahine on July 25, 2014 at 4:06am — No Comments
Gold: buy the precious metal from 1281, add 1256 with TSL 1238 & TP 1310.
Silver: an entry buying price from 20:24 with TSL 19:28 & TP open.
Oil : already bought the good from 102:35. add 101:48 with TSL 100:80 & TP 104:48, THEN/OR sell it from 104:48 with TSL 105:95 & TP 100:20.
Added by Pierre Chahine on July 25, 2014 at 4:03am — No Comments