All Blog Posts (20,119)

Daily Trade Idea Gold – USD 11 November 2013

Daily Trade Idea Gold – USD

11 November 2013

 

Last price: 1287.70

 

Sell at 1291.92

Take Profit at 1277.78

Stop loss at 1298.5

 

Buy at 1274.5

Take Profit at 1282.83

Stop loss at 1270

Added by Zubair Sattar Market Returns on November 10, 2013 at 11:27pm — No Comments

Daily Trade Idea USD/JPY 11 November 2013

Daily Trade Idea USD/JPY

11 November 2013

 

Last price: 99.14

 

Buy at 98.90-99

Take Profit at 99.60-65

Stop loss at 98.49

 

Sell at 99.60-70

Take Profit at 99.15

Stop loss at 100

Added by Zubair Sattar Market Returns on November 10, 2013 at 11:26pm — No Comments

Daily Trade Idea GBP/USD 11 November 2013

Daily Trade Idea GBP/USD

11 November 2013

 Last price: 1.6011

 

Sell at 1.6030-35

Take Profit at 1.5940-50

Stop loss at 1.6095

 

Buy at 1.5910-16

Take Profit at 1.5960-70

Stop loss at 1.5879

Added by Zubair Sattar Market Returns on November 10, 2013 at 11:25pm — No Comments

Daily Trade Idea EUR/USD 11 November 2013

Daily Trade Idea EUR/USD

 11 November 2013

Last price: 1.3358

 

Sell at 1.3385-90

Take Profit at 1.3300-05

Stop loss at 1.3446

 

Buy at 1.3300-05

Take Profit at 1.3345-50

Stop loss at 1.3269

Added by Zubair Sattar Market Returns on November 10, 2013 at 11:24pm — No Comments

GOLD: Weakens, Targets Further Downside.



GOLD: With GOLD maintaining a bearish tone for a second week in row, further downside is likely. Support comes in at the 1,251.56 level where 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 1,433 level. Further out, resistance…

Continue

Added by fxtech on November 10, 2013 at 10:11pm — No Comments

Target Trading in the Forex upcoming week of November 10th,2013

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3357. The pair is working a big downtrend  now  which could bottom  out below 1.3200.  We are looking for a shallow pullback around 1.3390  before a movement to the S6 @ 1.3224.  The average daily true range (ATR) for the pair currently is 98 pips.…

Continue

Added by Scott Barkley on November 10, 2013 at 10:06pm — No Comments

GBP/USD Outlook Nov. 11-15

GBP/USD bounced back and crossed above the 1.60 level, gaining about one cent last week. The pair closed at 1.6018. This week’s key events include CPI, Claimant Count Change and Retail Sales. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.

British Construction and Services PMIs continued to look sharp, giving the pound a…

Continue

Added by Yohay Elam on November 10, 2013 at 6:03pm — No Comments

USD Index Spot (Not the USDX)

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

Click on the chart for more.

Added by Ron Schelling on November 10, 2013 at 5:52pm — No Comments

AUD/JPY 1 HOUR & how to not blow up your account

Added by Pip Logic on November 10, 2013 at 4:37pm — No Comments

XAUUSD – Weekly Forecast 11-15 Nov 2013

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…

Continue

Added by Haitham653 on November 10, 2013 at 4:05pm — No Comments

AUDUSD – Weekly Forecast 11-15 Nov 2013

Recommendations: SHORT positions around 0.9454 with  0.9350 &  0.9280 as next target.

Alternative scenario:The upside breakout of 0.9542 will open 0.9600/0.9757  levels.

Description:A short term top has been confirmed at the the 0.9757 levels, stability below 0.9542 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…

Continue

Added by Haitham653 on November 10, 2013 at 4:01pm — No Comments

USDJPY – Weekly Forecast 11-15 Nov 2013

Recommendations: LONG positions above 96.56 with 100.86 & 101.52  as next target.

Alternative scenario:The downside breakout of 96.56 will call for a slide towards 93.78 .

Description:The clear break above 99.27  last June confirmed support at the 93.78 levels, so as long as 93.78 holds , the pair targets 103.73 levels, sustained trading above 99.27 will build pressure on the 101.52/103.73 levels , break of 103.73 would open…

Continue

Added by Haitham653 on November 10, 2013 at 3:57pm — No Comments

GBPUSD – Weekly Forecast 11-15 Nov 2013

Recommendations: SHORT positions around 1.6117  with 1.6000 & 1.5893 as next target.

Alternative scenario:The upside breakout of 1.6259 will open 1.6380/1.6440.

Description:A short term top has been confirmed at the the 1.6259 levels, stability below this level will keep the pair under pressure with risk towards the 1.5893 levels, losing the 1.5893 levels will have large bearish implication towards the 1.5750 ahead of 1.5426…

Continue

Added by Haitham653 on November 10, 2013 at 3:53pm — No Comments

EURUSD – Weekly Forecast 11-15 Nov 2013

Recommendations: SHORT positions around 1.3485  with 1.3325 & 1.3190 as next target.

Alternative scenario:The upside breakout of 1.3546 will call for a rebound to 1.3650/832.

Description: The EURUSD continued its bearish momentum last week , but the pair was rejected from the key support 1.3325 , sustained break below 1.3325 would open 1.3104 levels, at this point I’d expect strong support above 1.3104 to contain downside from…

Continue

Added by Haitham653 on November 10, 2013 at 3:46pm — 3 Comments

RBS - EURUSD 1.38 and 1.43 targets will be met by Q1 2014

Royal Bank of Scotland - "EUR/USD FX– The currency pair has displayed very precise technical behaviours over the past few years; e.g. the targets from 2010 inverse head and shoulders (1.42 and 1.48) were reached accurately in 2010 and 2011 respectively; also the target from 2010-2011 H&S of 1.2037 was nearly the exact low of 2012. Now we have a 3rd inverse head and shoulders in play with the targets of 1.38 and 1.43. The first target was already tested a week ago and the recent selloff…

Continue

Added by Francesc Riverola on November 10, 2013 at 3:27pm — 1 Comment

UBS - This Week's Key Points: Fed tapering still likely earlier than dollar bears expect

UBS - "Our longer-term bullish dollar view has started to regain traction. October's payrolls report showed an increase of 204k payrolls. The European Central Bank cut interest rates and the Reserve Bank of Australia warned again its currency was too high. That made the euro end the week below 1.34 against the greenback and the Australian dollar below 0.94. Asian investors, however, expect the Federal Reserve will be slow to start tapering its asset purchases, making clients reluctant to put…

Continue

Added by Francesc Riverola on November 10, 2013 at 3:24pm — No Comments

Position Sizing and Money Management for Traders

Added by Pip Logic on November 10, 2013 at 2:17pm — No Comments

EURUSD: Bearish, Faces Further Downside Pressure

EURUSD: A follow through on its previous week decline has left EUR targeting further downside.  Support lies at the 1.3300 level with a break turning focus to the 1.3250 level and possibly lower towards the 1.3200 level. We may see the bulls come in here and turn the pair higher but on further decline it will push lower towards the 1.3100 level. Its weekly RSI is bearish and pointing lower supporting this view. Conversely, resistance stands at the 1.3547 level followed by the 1.3650 level…

Continue

Added by fxtech on November 10, 2013 at 12:02pm — No Comments

EUR/USD Forecast November 11-15

EUR/USD had a second negative week, losing over 100 pips. Can it stabilize at these levels or continue falling? GDP, employment and inflation data are the main market movers for this week. Here is an outlook for these events among others, and an updated technical analysis for EUR/USD.…

Continue

Added by Yohay Elam on November 10, 2013 at 9:48am — No Comments

EUR/USD - the beauty of Fibonacci

- This pair is working beautifully with Fibonacci retracement and expansion.



- D1 chart: price is still well within a rising channel, of which the bottom is lying around 1.3000 +/-30 pips. The 0.25% refi rate cut, accompanied with US's brilliant GDP and NFP report could help the pair break the support 1.3290/3300. So, we should expect the range of 1.3290 - 1.3420 next week, while price is consolidating to wait for more…

Continue

Added by Cho Xom on November 10, 2013 at 5:37am — No Comments

Blog Topics by Tags

Monthly Archives

2014

2013

2012

2011

2010

1999

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video