Currencies Outlook Wednesday 26/11/14 04:20 UK.
EUR/USD: previous order closed with 13 pips profit. SELL the pair from 125:25 ADD 125:85 with TSL 126:45 & TP on 123:10.
GBP/USD: SELL the pair from 157:85 with TSL 158:90 & TP on 155:10.
USDJPY: Already (SHORT) sold the pair from 118.65 with TSL 118.60 with TP on 116.75.THEN/OR buy it from 116:75 with TSL 115:40 & TP open.
EUR/JPY: BUY the pair from 145:55 with TSL 144:10 & TP on 148:10.
Added by Pierre Chahine on November 26, 2014 at 4:20am — No Comments
*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.2511
Buy Stop: 1.2372
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY…Continue
Added by Martin Kay on November 26, 2014 at 2:17am — No Comments
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Where a window will open and where u can attach a picture "as a…Continue
Added by Tony - FXS Admin on November 26, 2014 at 2:12am — No Comments
EURUSD is starting Wednesday at 1.2473 where first rsis is 1.2486 and first supp 1.2458 and a jump above 1.2486 might take the price to retest second resis at 1.2567 and a jump above that level will give…Continue
Added by Tony - FXS Admin on November 25, 2014 at 11:15pm — No Comments
In big picture, while below 2744/61, still bearish in control.
Near term, above 2476/84, could see further strength to 2506/21, or even 2542/97 and 2647.
To the downside, 2435, 2394/72/58 are support levels. Below which, 200 month MA near 1.2224 should hold the price at least for the first time.
Sell at market, add 1.2520, stop above 2597/2610.
Add on daily close below 2358, for 1.2300/2298.
Each time the market switch direction we get a fractal on chart, fractals is an indicator to predict reversals in the current trend, on monthly chart we see a fractal at the start of a long term trend and when the trend end and…Continue
Added by Tony - FXS Admin on November 25, 2014 at 8:06pm — No Comments
The Rand, the rand, like other high-yielding currencies, had given back almost all of Friday’s gains which were attained following China’s surprise move to lower interest rates.
Added by Ron Schelling on November 25, 2014 at 6:33pm — No Comments
The currency sold down the tracksfrom 12:00 mid day of 25th of November,and kept the down trend constant till 3:30 EET this afternoon.Major support zones broken where the following price actions 1.1292,1.1280,1.1260,and finally 1.1228 was tested and the bears retraced a little on a…Continue
Added by emmanuel essien on November 25, 2014 at 3:30pm — No Comments
GBPUSD: Eyes Further Upside On Recovery
GBPUSD: With GBP closing higher on Monday, further upside is envisaged. While holding above its year – to-date-low at 1.5589 level, recovery risk remains. On the downside, support lies at the 1.5600 level where a break will aim at the 1.5550 level. A break of here will turn attention to the 1.5500 level. Further down, support lies at the 1.5400 level. Its weekly RSI is bearish and pointing lower supporting this view. Resistance resides at the…
Added by fxtech on November 25, 2014 at 1:38pm — No Comments
GDP is a change in the value of Goods and Services produced in a particular year, that tends to measure the overall economic health which indicates the idea about how much the country has developed over a period. The figure released before this one is the Advanced release which has the most impact however; the preliminary also has an impact as well and normally reported in annualized figure.
The previous result for the quarter was 4.2% in comparison to a forecast of 3.9% however; the…Continue
Added by Rocky Master on November 25, 2014 at 12:38pm — No Comments
EUR JPY 3 Min:
Price Spiked down overnight followed by a shallow channel. It then rose strongly from opening testing the origin of the channel which is where this trade was taken. At this point it would either drop back to opening price or maybe go and test the origin of the…Continue
Before I kick off just a reminder about Thanksgiving. This time of year gets a little strange for trading. Thanksgiving will begin on Thursday officially but unofficially has likely already begun and yesterday’s forex trade was very…Continue
Added by Gary on November 25, 2014 at 10:21am — No Comments
Outlook in GBPUSD has turned neutral with risk to the downside , resistance comes at the 1.5720 levels, a failure to hold above the 1.5720 levels on a daily closing basis could mean a return to the 1.5630/1.5589 levels where a cut will call for a fall towards the 1.5500 levels , further losses will aim the 1.5370/1.5230 levels .
On the upside , resistance comes at the 1.5720 levels , break of the 1.5720 levels on a daily closing basis , will put the pair in recovery mode , but…Continue
Added by Haitham653 on November 25, 2014 at 9:54am — No Comments
Cable is trading nicely lower for the last couple of weeks, and possibly now breaking down within wave three of three towards 1.5300 projected region, where we see 161.8% extension of wave 1) measured from wave 2) high. As such, based on the current price action we expected more weakness this month as long as 1.5950 swing high will stay in place.
GBPUSD Elliott Wave Analysis…Continue
Added by Gregor Horvat on November 25, 2014 at 9:21am — No Comments
Outlook in EURUSD has turned neutral with risk to the downside , resistance comes at the 1.2440 levels, a failure to hold above the 1.2440 levels on a daily closing basis could mean a return to the 1.2361 levels where a cut will call for a fall towards the 1.2300 levels , further losses will aim the 1.2220/1.2120 levels .
On the upside , resistance comes at the 1.2440 levels , break of the 1.2440 levels on a daily closing basis , will put the pair in recovery mode , but recovery above…Continue
Added by Haitham653 on November 25, 2014 at 7:30am — No Comments
Indices Outlook Tuesday 25/11/14 07:40 AM UK.
UK100 FTSE CFD: SELL the index from 6822 with TSL 6930 & TP on 6640.
GER30 DAX CFD: SELL the index from 9910 with TSL 10040 & TP is open.
SPX500 CFD: SELL the index from 2078 with TSL 2130 & TP on 2010.
DJ30 CFD: SELL the index from 17895 with TSL 17999 & TP on 17580.
NSDQ100 CFD: SELL the index from 4295 with TSL 4380 & TP on 4100.
Added by Pierre Chahine on November 25, 2014 at 7:05am — No Comments
Added by Usman Ali on November 25, 2014 at 7:05am — No Comments
Commodities Outlook Tuesday 25/11/14 07:03 AM UK.
Gold: BUY the precious metal from 1184 with TSL 1159 & TP on 1218 THEN/OR SELL the precious metal from 1218 with TSL 1246 and TP is open.
Silver: BUY the grey metal from 15.75 with TSL 15.10 & TP on 17.10 / open.
Oil JAN: Already (SHORT) the black liquid from 77.80 with TSL 77.75 & TP on 75:16 THEN/OR buy it from 75.16 with TSL 73.50 & TP on 79.80.
Added by Pierre Chahine on November 25, 2014 at 7:04am — No Comments