Buy - 1.343 with targets @ 1.353 & 1.3565 in extension.
Added by tpfx on November 18, 2013 at 2:12am — No Comments
Buy - 1.343 with targets @ 1.353 & 1.3565 in extension.
Added by tpfx on November 18, 2013 at 2:10am — No Comments
Buy - 1.6045 with targets @ 1.6165 & 1.6205
Added by tpfx on November 18, 2013 at 2:08am — No Comments
EURUSD FOR 18 NOVEMBER 2013
PREFERENCE BUY POSITION ABOVE 1.3430 WITH TARGET 1.3530 AND 1.3565
IF BELOW 1.3530 LOOK FOR FURTHER DOWNSIDE WITH 1.3390 WITH 1.3360
PREFERENCE BUY POSITION ABOVE 1278 WITH 1297 AND 1314
IF BREAK 1278 THEN TARGET WILL BE 1267 AND 1252
PREFERENCE SELL BELOW 94.55 WITH 93.50 AND 92.50 TARGET
IF BREAK THEN BUY WITH TARGET 95.35 AND 96.05
Added by MOHAMMAD HUSNAIN on November 18, 2013 at 12:39am — No Comments
Recommendations: LONG positions around 1276 with 1327 & 1361 as next target.
Alternative scenario:The downside breakout of 1251 will call for a slide to 1180/1122.
Description:The weekly break above 1327 levels 2 weeks ago confirmed support at the 1251 levels so as long as 1251 holds on a weekly basis , the gold targets 1361 ahead of 1433 levels, note that sustained trading above 1327 will build pressure on the 1361/1433…
Added by Haitham653 on November 17, 2013 at 7:57pm — No Comments
Recommendations: SHORT positions below 0.9420 with 0.9330 & 0.9280 as next target.
Alternative scenario:The upside breakout of 0.9420 will open 0.9542/0.9622 levels.
Description: Stability below 0.9420 will keep the pair under pressure with risk towards 0.9280 levels, at this point I’d expect strong support from 0.9280 to limit fall from 0.9757 levels and bring reversal to the upside , resistance is at 0.9420, sustained…
Added by Haitham653 on November 17, 2013 at 7:54pm — No Comments
Recommendations: LONG positions above 98.92 with 100.86 & 101.52 as next target.
Alternative scenario:The downside breakout of 98.92 will call for a slide to 96.56/ 93.78 .
Description:The pair has printed a new support at the 98.92 levels, stability above this level will build pressure on the 101.52 ahead of 103.73 levels, losing 98.92 on a weekly basis would weaken the current bullish run for retesting 96.56/93.78 levels.In…
Added by Haitham653 on November 17, 2013 at 7:52pm — No Comments
Recommendations: LONG positions above 1.5853 with 1.6259 & 1.6380 as next target.
Alternative scenario:The downside breakout of 1.5853 will call for a side to 1.5426.
Description:A short term bottom has been confirmed at the the 1.5853 levels, stability above this level will build pressure on the 1.6259 levels,break of 1.6259 would open 1.6380 ahead of 1.6440 levels, but I’d expect strong resistance from 1.6380/1.6440 to…
Added by Haitham653 on November 17, 2013 at 7:47pm — No Comments
Recommendations: SHORT positions below 1.3546 with 1.3350 & 1.3200 as next target.
Alternative scenario:The upside breakout of 1.3546 will call for a rebound to 1.3650/832.
Description: The EURUSD was rejected from the key support 1.3325 , sustained break below 1.3325 would open 1.3104 levels, at this point I still expect strong support above 1.3104 to contain downside from 1.3832 and bring reversal to the upside , but , If…
GOLD: Though closing flat the past week, its broader medium term downtrend remains intact. Below its declining trendline leaves our bias to the downside with eyes on the 1,251.56 level. A breach will aim at the 1,215.00 level. Further down, support resides at the 1,180.00 level with a turn below here shifting attention to the 1,150.00 level. Conversely, resistance lies at the 1,375 level where a breach will target the 1,399.79 level. A cut through here will open the door for a run at the…Continue
Added by fxtech on November 17, 2013 at 7:09pm — No Comments
uj just left daily triangle supports are on 99.700...99.100 and 98.800 target for this pattern is 101.500 and in few weeks 103.700 area before we got strong ressistance on 100.600 and we must keep an eye on this level.nikkei 25 already broken july high so is time for uj.…Continue
Added by gregorian on November 17, 2013 at 4:41pm — No Comments
- Yellen helped the risk to rally again, and Aussie technical traders had no fear to buy AUD/USD on dips. The bottom area of 0.9270/9300 will be firm support for the next week.Continue
Added by Cho Xom on November 17, 2013 at 4:32pm — No Comments
- As commented last week, EUR/USD had rebounced gradually after having shown divergence on H4 chart. Looking at the pattern, the pair is forming a rising wedge pattern, with a leading strong down move. Therefore, I'm expecting another leg toward 1.3160/80.Continue
Added by Cho Xom on November 17, 2013 at 3:43pm — No Comments
One of the widespread fallacies in the science of history is complexity-worship. Overwhelmed with the vast complexity of historical data, historians often turn to what Leonard Peikoff called “complexity-worship.” In respect to history, complexity-worship amounts to the statement: “because history is…Continue
GBP/USD showed movement in both directions but ended the week about 100 points higher. The pair closed slightly over the 1.61 level. The upcoming week has a light schedule, with just six releases. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.
The pound got a boost from excellent British employment numbers, which continue to…Continue
EUR/USD made a small recovery after two weeks of falls. Is it headed higher once again? Or is it just a correction before the next leg down? German ZEW and IFO business indicator and PMIs are among the main events this week. Here is an outlook for these events among others, and an updated technical analysis for EUR/USD.
Last week, …Continue
Added by Yohay Elam on November 17, 2013 at 9:10am — No Comments
Added by Ivan Sonavia on November 17, 2013 at 12:30am — No Comments