All Blog Posts (21,197)

EU March 4 2014 Analysis

Sell 1.3741(bottom central pivot) and 1.3750(central pivot) with stops above 1.3759(value area low/top central pivot).…

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Added by Rock Hard Financial on March 3, 2014 at 10:17pm — 1 Comment

Daily Forex Trading Commentary - Monday 3rd March 2014

GBP/USD - Market Dips Back To Dynamic Support, Bias Remains Bullish Above 1.6600

This currency pair dipped back to dynamic support as the markets sold-off aggressively relating to concerns of political unrest in Ukraine. We remain bullish on this market whilst price closes above 1.6600 and would recommend looking for price action buy signals on any dip back to dynamic support to join the recent strength here.…

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Added by Lewis Barber on March 3, 2014 at 9:57pm — No Comments

EURCHF Risk Reward Ratio

As news of Russian forces pulling back to base circulate this morning there is some confusion. Is this risk on again or are they consolidating their gains. Recently we have been seeing a risk off scenario play out in the Forex markets, while the equity markets make up their mind about…

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Added by Gary on March 3, 2014 at 9:00pm — 2 Comments

JP Morgan - Another key test for the broad USD

JP Morgan - "The setup for the broad USD picture weakened over the past week while presenting another important test for the short term view. In this regard, the failure against key initial resistance levels has shifted the focus back to critical support levels which should define whether a recovery phase or deeper retracement can develop. While the current oversold framework favors a recovery phase, the late-week decline raises some doubts. In turn, we highlight the key markers that should…

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Added by Francesc Riverola on March 3, 2014 at 8:51pm — No Comments

Dow Theory

If the Dow Transports close below 7033 and the Dow Industrials close below 15354

Investment Tools returns to a bearish view of Dow Theory.…

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Added by Ron Schelling on March 3, 2014 at 6:00pm — No Comments

Week 10 trading stubs, fundamentals and geopolitics taking over

Recap

EUR/USD long Cypher pattern posted last week did not come into play as the pair plummeted north much earlier than anticipated currently at 1.38 levels. The setup that came into play is bearish BAT pattern on Gold (XAUUSD) that was posted earlier . Textbook completion was @1341 levels and at the moment we are slightly above. Personally i did not get involved…

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Added by FuturesMO on March 3, 2014 at 4:15pm — No Comments

Gut Wrenching

Against my better judgments, I set my trades in the wrong direction during the London open, mainly due to exceptionally loud noise concerning the Ukraine crisis. I actually expected to see gaps on the majors simply for that reason, but ignored what my eyes saw and my mind knew so I will have to recoup some loss today but the lesson I learned was invaluable… Wait and eyeball the charts because hesitation is a sign of doubt and my gut…

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Added by Sandra Gillhouse on March 3, 2014 at 3:15pm — 3 Comments

US Non-Manufacturing PMI Data: What Should Traders Expect?

United States ISM Non-Manufacturing PMI data is due at 15:00 GMT on Wednesday. High volatility is likely in the financial markets if the actual reading comes better or worse than expectations. EUR/USD is expected to be the most affected pair because Eurozone’s growth data is also due on the same day. A higher reading means there was expansion in the US services sector, the largest economic sector for the United States. This translates to a rise in the US stock market and strengthening of the…

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Added by Daniel Elo on March 3, 2014 at 3:00pm — No Comments

Deutsche Bank - IMM Commitment of Traders: USD longs cut back again

Deutsche Bank - "Net implied dollar longs fell for the third consecutive week. Digging into the detail, the TFF report shows that fast money was responsible; leveraged funds reduced their long holdings to almost zero. Speculative EUR and GBP longs were added to. Speculative NZD longs were also added to substantially as net longs as a percentage of open interest jumped from 41% to 50%. Also worth mentioning, asset managers increased CAD longs holding significantly from 18% of open interest to…

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Added by Francesc Riverola on March 3, 2014 at 10:00am — No Comments

EURUSD Elliott Wave Analysis: Wave D Upwards 1.3850

EURUSD broke higher on Friday as expected after we identified a three wave corrective set-back from 1.3773 to 1.3640, labeled as wave (x). Despite some strong bullish sentiment in the last few trading days we need to consider a bigger pattern where EURUSD is still trapped in range-bound market. In fact, even rally from 1.3474 is overlapping so it's considered as corrective move, probably wave D of a triangle from a daily chart. If that is the case then current double zigzag will stop around…

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Added by Gregor Horvat on March 3, 2014 at 9:59am — 1 Comment

EUR/USD Mar. 3 – Gaps lower from highs on Ukraine tensions

EUR/USD began the trading week with a gap lower from the highs it reached on Friday, as the situation in the Ukraine continues deteriorating and is currently taking away the focus from the ECB decision later in the week. The Russian army is effectively in control of the Crimea peninsula and could advance further into other eastern regions of the Ukraine. The large outstanding debt the country has worry many. A long list…

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Added by Yohay Elam on March 3, 2014 at 9:19am — No Comments

Weekly Forex Outlook

Added by 50Pips on March 3, 2014 at 9:19am — No Comments

Daily Technical Ananlysis as on 3-3-2014

EUR USD: Buy above 1.3765, Expected targets 1.3795/1.3810, Stop loss 1.3740, sell stop 1.3730

GBPUSD: buy above 1.6695, Expected targets 1.6745, Stop loss 1.6670, Sell stop 1.6665

EURJPY: Buy above 139.35, Expected Targets 139.80/140.30 Stop loss 139.01, Sell stop 138.95 

GOLD : Sell Below 1347, Expected Taragets 1338/33, Stop Loss 1350, Buy stop 1351



Important News;

Today Important News: GBP…

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Added by Usman Ali on March 3, 2014 at 9:18am — No Comments

Keep your GBP/JPY and AUD/JPY sell trades open. Ukraine news is the key.

Today the fx markets opened with gaps facing down mainly due to the recent events in Ukraine and Russia, where intense situation almost escalated into a war. Almost...but the chance that we could be on the brink of war still remains.

Today I recommend watching the Ukraine news, as those could be the key to fx market changes that could even surpass the findamental economical PMI news from Europe and US.

We sold GBP/JPY and AUD/JPY on Sunday night when the 169.60 and 90.66 levels…

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Added by Thom Grey on March 3, 2014 at 7:36am — No Comments

Currency Monthly view - March 2014

Currency Monthly view  - March 2014

GBPUSD - Rising on flawed expectation of rate hike

  1. The strong GBP/USD uptrend was unwavering as markets expect UK to be the first of the G4 to enter its rate…
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Added by Omkar Godbole on March 3, 2014 at 7:11am — No Comments

FOREX forecast 03.03.2014

EUR opened today's session with a huge downside gap. The price has tested the support at 1.3750 where buyers appeared and took the price back to 1.3780-90 resistance area. This will be the first resistance for today and the second one will be 1.3824. If we fail to record a new high today then a powerful downside move will appear. In all this bullish picture something doesn't seem right. If you look at Daily chart you can see the area 1.3810-30 is quite powerful resistance it bounced back…

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Added by Vladimir Mihaylov on March 3, 2014 at 6:09am — 4 Comments

All markets review for the coming weeks + 15min setups (March 2nd, 2014)

Dear Traders,

please find attached all the reviews for the 11 markets I follow, along with reasoning and setups on the 15min charts.

 

Let me know what you think.

Dear traders, please find attached my video reviews for the week starting March 2nd hereunder: EURUSD, Dollar Index & S&P500 Weekly Review, Analysis & Forecast, March 2nd 2014:

 

Gold Weekly Review, Analysis & Forecast, March 2nd…

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Added by FibStalker on March 3, 2014 at 5:55am — No Comments

EURUSD Daily Forecast 03/03/2014

Added by Naveed Anjum on March 3, 2014 at 5:40am — No Comments

Gold Daily Forecast 03 03 2014

Added by Naveed Anjum on March 3, 2014 at 5:02am — No Comments

Dow Futures (YMH4) Trade Idea

I am looking to buy YMH4 (Emini Dow Futures) at 16138 stop loss at 16101 take profit at 16480

Added by eurotrader on March 3, 2014 at 12:44am — No Comments

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