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Inside the Currency Market: Currency Pair Design and Construction

           

  Few quick thoughts for interested.

  No 2 currency pairs are the same, that concept doesn't exist. Even AUD and NZD are vastly different. Each pair is tremendously different in construction, design, and purpose. Each currency pair has a vastly different driver to price movements, each pair has a vastly different price location within itself and among its peers. Each pair shares a far different place among and in between yield curves.

 Some pairs are…

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Added by Brian Twomey on January 29, 2015 at 12:37pm — No Comments

Boursajee Club Overview: S&P 500 CFD

S&P 500 CFD: The index price of failed to keep the price  above the axis of the 50 SMA. note that the negative mood of the its price level prompt strong movement toward the level of 1960.

 

Stochastic drop below the level of 50 & that supports the determination  acquisition of a new negative movement, so negative attempts  supporting the scenario that the price might reach a new low level.

 

S&P 500 CFD : expected trading range for today between R 2040…

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Added by Pierre Chahine on January 29, 2015 at 11:53am — No Comments

Boursajee Club Overview: DJ 30

DJ 30: The index price fall down after the FOMC announcement reaching the pivotal support of 17180 &  settle negatively below 17,320.

 

The stochastic is in line with the nega.tive 50 SMA  and closer to the level of 20 to allow an opportunity for the price to acquire the negative momentum and assures us as it might make a fake bounce before resuming further down

 

DJ 30: expected trading range between R 17310 and S 16990. waiting for Bearish opportunity. More…

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Added by Pierre Chahine on January 29, 2015 at 11:41am — No Comments

Boursajee Club Overview: Silver

Silver:  price trading in directionless/ more bearish trend in short term where the price might  test the level of 17.10. (Fibo, elliot measurement)

 

We believe that the expected drop is temporary within the ascending correctional channel where the penetration levels of 18.10 and 18.60 will stop the proposed negative scenario and push the price to rise again.

 

Silver: expected trading range for today is between S 17.10 & R 18.40. waiting for bullish…

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Added by Pierre Chahine on January 29, 2015 at 11:26am — No Comments

Boursajee Club Overview: OIl

Oil: price breached the support of the sideway range which turns into resistance now at 45.20 as the 50 SMA dwell currently @ this resistance to add more power…. and supports opportunities for trading negative during the coming session aimed at the level of 42.20.

 

Therefore, downside bias would be likely for intraday but not from this level for short term, the price has not been able to penetrate the level of 44.75 but if break the price break it , might  lead to recovery…

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Added by Pierre Chahine on January 29, 2015 at 11:10am — No Comments

Boursajee Club Overview: GOLD

Gold: the price of gold fall down to a new level through the FOMC statement However, intraday ascending channel still in tact , which could push the price up as the 50 SMA is in a momentary supporting for now, while stochastic is moving in oversold zone which may protect the price of incurring more losses and leads to regain upward path again.

 

Therefore, we prefer to stay on the side till the US markets opening as the break of the 1272 support would put pressure on the price…

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Added by Pierre Chahine on January 29, 2015 at 10:50am — No Comments

Boursajee Club Overview: USD/CAD.

USD/CAD: pair broke the level of 1.2500 and still stable above 1.2475 where trying to build a new base of support  for the continuation of the general bullish trend, which gets continuously from 50 MA.

 

Price temporary (in short term due to Oil price) volatile & may be forced to gain positive momentum enough to  push the price further up but required the stability above 1.2420.

 

USD/CAD: expected trading range for today is between S of 1.2420 and R of1.2580.…

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Added by Pierre Chahine on January 29, 2015 at 10:34am — No Comments

Crude Oil 29th Jan 2015

44.00-44.20 is proving out to be a good support so far.Where a push above can send the commodity higher towards 46.00 region.

A break with daily close below 44.00 can send oil to 42.80/50

For Today:

Long Crude Oil above 44 .20 with SL 43.90 and Target 44.80/45.00 46.45/47.40

Short Crude below 43.90 with SL 45.00 and Target 43.20/42.80/42.50

See You later,BOL

Regards,

JA

Added by Jawad Aslam on January 29, 2015 at 10:32am — 1 Comment

Boursajee Club Overview: USD/JPY.

USD/JPY:  the pair test the support of 117.20 where breaking this level would push the price  further down to reach 115:80

 

Conversely, stochastic provides a positive signal now where it enhance the strength of the mentioned support, and push the price to test again the potential of pivotal resistance around 118.60, which represents impenetrable primary key to restore the general bullish trend on intraday basis and only for today, the goals start at…

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Added by Pierre Chahine on January 29, 2015 at 10:10am — No Comments

Boursajee Club Overview: GBP/USD

GBP/USD: pair trading today on bearish tendency, move again without intraday resistance with a note that it reach the stochastic overbought where it put negative pressure on intraday trading to support the continuation of the downward tendency in the coming session.

 

the expectations for the downside is still effective, supported by 50 moving average, our goals is to reach 1.5010, while Achieving these goals requires stability below 1.5265.

 

GBP/USD: expected…

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Added by Pierre Chahine on January 29, 2015 at 9:47am — No Comments

AUDUSD Is Continuing Lower As Expected

AUDUSD is at new lows as expected after recent turn down from around 0.8000/0.8030 area where former lows reacted as a resistance in black wave 4 that we were tracking it this week. We see wave 5 now in progress that can be final wave within impulse from  0.8290 so keep in mind that pair could look for lows in sessions ahead, ideally near 200% extension level of wave 4).

AUDUSD 4h Elliott Wave Analysis

Please vote for us on…
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Added by Gregor Horvat on January 29, 2015 at 9:35am — 2 Comments

Boursajee Club Overview: EUR/ USD

EUR/USD:  yesterday the pair bounced reaching the level of  1.1414 then resume its downward  where we believe it might heading toward 1.1210 . in our opinion, the latter price is a good entry point as we believe the euro going to strength from now due to FOMC statement.

 

50 SMA continues to support the proposed bearish wave in short term, noting that the breach of 1.1415 will stimulate the price to achieve instantaneous gains mainly begins at 1.1750 and extends to…

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Added by Pierre Chahine on January 29, 2015 at 9:34am — No Comments

GBP/USD 29th Jan 2015

The Sterling is tumbling down as expected. Again the 1.5200-1.5225 is acting as strong resistance. Yesterday I entered short at 1.5210 with SL 1.5270 and targeting the 1.4950 area (Watch out yesterday's recommendation).

On 4Hr chart the pair has been stuck into a bearish tilted.Currently the price is 1.5111. The pair is hovering above the 38.2% Fibonacci expansion that is present at 1.5097 where a break below can challenge the  61.8% Fibonacci expansion(1.5022) and further break below…

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Added by Jawad Aslam on January 29, 2015 at 9:30am — 3 Comments

Gold Should Trade Lower...1265 is Target

Added by Carol Harmer on January 29, 2015 at 7:42am — No Comments

EURGBP - Weak rallies and negative Keltner channel dominate

This week's consolidation continued yesterday. Little net movement has been seen over 3 days of trading but it is the weakness of profit taking attempts coupled with a still declining Keltner channel than emphasises that the underlying tone remains negative with potential through .7427 to .7405.…

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Added by Alan Collins on January 29, 2015 at 7:03am — No Comments

Dow Jones, Nasdaq, S&P 500 29 Januari 2015

Dow Jones – Down

Nasdaq – Down…

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Added by Hendro Wafiq on January 29, 2015 at 6:32am — No Comments

USD/JPY DAILY as of Thursday, 29 January, 2015

VIT Daily Analysis

 

Review of US Dollar / Japanese Yen (USDJPY)

as of 28/01/15

 

Volatility Analysis

On 28/01/15, US Dollar / Japanese Yen closed down -0.3400 at 117.4720

 

Period               Statistical                      Change

10-period  …

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Added by Nathan Kay on January 29, 2015 at 5:14am — No Comments

EUR/USD Daily key levels

Hi Friends,

This analysis is about the intraday key support/resistance levels for EUR/USD . These levels are identified as per technical outlook and the discerned movement till date that includes the fundamental analysis also. These levels therefore give you a high probability case for price to bounce/pull back (by 5-20 pips) when it reaches these levels for the first time in the day. So follow these levels and make better trade set ups!

Wednesday's…
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Added by Nili on January 29, 2015 at 2:43am — No Comments

AUDUSD, Gold 29 Januari 2015

AUDUSD – Up

Gold – Flag…

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Added by Hendro Wafiq on January 29, 2015 at 1:44am — No Comments

Live Coverage Fed Interest Rate Decision From Forex Street Room

Added by Tony on January 28, 2015 at 7:16pm — No Comments

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