If price goes under the 20EMA, my conclusion will be it is the AUD.
Added by Oasis on May 18, 2013 at 11:26pm —
Added by Ahmed Hassanien on May 18, 2013 at 10:59pm —
On May 17 the Eur/usd formed a well defined Bullish Hammer position with a nice down trend from 1.3236 - 1.2791 we will expect a long white candle stick for confirmation in the coming week. Which will drive the market to 1.2995 for heavy… Continue
Added by Victor Chiejine Bruce on May 18, 2013 at 7:08pm —
Added by Usman Pervez on May 18, 2013 at 5:11pm —
USDCHF – With further bullish offensive seen the past week, USDCHF looks to extend its strength in the new week. This development leaves the pair aiming at further strength towards the 0.9600 level. Further out, resistance resides at the 0.9800 level, its psycho level where a violation will aim at the 0.9850 level. Further out, resistance resides at the 0.9900 level with a turn above here exposing the 0.9970 level. Its weekly RSI is bullish and pointing higher suggesting further upside. On… Continue
Added by fxtech on May 18, 2013 at 9:25am —
It seems that price will breakout of this wedge soon. My bias is to the upside, based mainly on the dynamic rising support line that has been respected recently. GBP does seem weaker as well.
Please share any comments/opinions.
Added by Oasis on May 18, 2013 at 12:13am —
OIL - Setup....
I don't know what the fundamentals are on OIL for now; but technically looking at it it is looking mighty bullish..
Weekly has clearly alot of scope to the higher side b4 we can assume it has found a top..
Lower side has put in a clear pattern of an inv HNS and 97.10-20 pretty much been the neck.. A break if coming and closing higher…
Added by Tahir Khan on May 17, 2013 at 8:39pm —
some possition till mondey sesion end
AUD/USD buy @ 0.9734 / SL 0.97 / TP 0.9985
GBP/USD buy @ 1.5172 / SL 1,5150 / TP 1.53
Added by Andrius on May 17, 2013 at 4:15pm —
Societe Generale - "Recession check in Europe If I have one grumble about the news in Europe, it is the tendency of policy-makers to be so positive about financial market developments and so quiet about underlying economic problems. The ECB has driven a wedge between markets (the euro and government bonds) on the one hand and the ‘real economy' on the other. That buys time for policy-makers to tackle the underlying problem of chronic unemployment, competitiveness gaps and indebtedness. But the… Continue
Added by Francesc Riverola on May 17, 2013 at 3:17pm —
Added by Erich Manstein on May 17, 2013 at 2:30pm —
Currently we are at 0.9733 on the 1.270 fibo. We are looking for a continuation down to the 1.618 Fibo support @ 0.9665. Market has a tendency to square up on Friday so be aware of that in the mix. The current average daily trading range (ATR) is 87 pips.…
Added by Scott Barkley on May 17, 2013 at 1:01pm —
EUR/USD continues to trade quietly, with the pair trading in the high-1.28 range in Friday’s European session. On Thursday, US key releases, notably Unemployment Claims, were disappointing, but the euro failed to take advantage and didn’t make up ground against the dollar. There are no Eurozone releases on Friday. In the US, there are just three releases, highlighted by UoM Consumer Sentiment. The… Continue
Added by Yohay Elam on May 17, 2013 at 8:50am —
UBS - "EURUSD BEARISH The pair is under pressure, trading close to Wednesday's low at 1.2843. A break below this would expose 1.2746 ahead of 1.2662. Resistance is at 1.2943 ahead of 1.3029. Continue
EURCHF BULLISH With bullish trend in place, focus is on resistance at 1.2525, a break above this would open 1.2569. Support is at 1.2361.
EURGBP BEARISH With the MACD below its zero line, focus is on support at 0.8389. A break below this would expose the important 0.8587. There is an important…
Added by Francesc Riverola on May 17, 2013 at 8:08am —
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Added by Francesc Riverola on May 17, 2013 at 8:04am —
Added by 50Pips on May 17, 2013 at 7:41am —
We turned immediately bearish on GBPUSD after recent sharp decline through the trend-line connected from March lows which is important evidence for a completed corrective wave II at 1.5600 area. In fact, decline from latest high has a personality of an impulsive price action so we believe that pair is headed lower, ideally towards 1.5000 in the near-term as latest minor pull-back was probably wave 4 of wave 1) in progress.
Added by Gregor Horvat on May 17, 2013 at 7:23am —
Added by Carol Harmer on May 17, 2013 at 7:22am —
Added by Carol Harmer on May 17, 2013 at 6:58am —
ASSALAM O ALEIKUM freinds.....
how are you all ,,, i really missed this site when i was busy in some thing else problem
but forget it
i was always had an eye on forex and as usual we got alot of biggest and shocking moves from gold , euro. jpy , and etc… Continue
Added by Hussain malik on May 17, 2013 at 6:45am —
EUR has bounced back from the fibo level at 1.2915 and currently is trading around support of 1.2850. We are in a quite interesting technical situation. 1.2850 is a serios support level, breaking below have to take us far more down, breaking above that again will be hard too. Technically breaking of 1.2850 will take us at least 150 pips down to 1.2700, downside may extend even to 1.2620. One of these both has to bounce and the price will reverse to the upside reaching 1.3000 once again… Continue
Added by Vladimir Mihaylov on May 17, 2013 at 4:39am —