All Blog Posts (20,612)

Live Trading Update Aug 6 2013

Hello Folks

The past few weeks trading has been a mixed bag, haven't managed to have anything stick so currently in no positions and playing the waiting game hoping for setups to fall in to my trading zones. Persistence is key for me right now. Stick to the strategy and setups will come.

If you would like more specifics about my strategy, click here to see my…

Continue

Added by Rob Helean on August 6, 2013 at 5:30pm — 2 Comments

JP Morgan - Commodity currencies still at risk

JP Morgan - "The medium term bearish setup remains intact for the commodity currencies highlighted by this week’s breakdown from the short term range for AUD/USD. This follows the failure against important resistance in the .9300/.9345 area which should continue to act as a short term ceiling. In turn, new lows should lead to a closer test of the next line of important support in the .8855/8770 zone. Note this area includes the key channel support from the 2011 cycle peak, as well as the…

Continue

Added by Francesc Riverola on August 6, 2013 at 3:50pm — No Comments

FX Forecast Northern Currency Pairs.

For those interested in the Scandinavian FX markets.

Jyske Bank had their forecast out.

Click on the flags for more.

(c)…

Continue

Added by Ron Schelling on August 6, 2013 at 3:00pm — No Comments

Expect C wave In EUR/USD

EUR/USD B wave finished @ 1.33 level. i expect further downside upto 1.3133 level.

Added by Thangadurai on August 6, 2013 at 1:52pm — No Comments

$EURJPY- Wedge Break?

Currently we are at 130.32 and looking to complete an a-d-c retracement.  We are looking for a bullish continuation to the R6 resistance area @ 131.28 at around the 130.00 area.  The average daily true range (ATR) for the pair currently is 118 pips.…

Continue

Added by Scott Barkley on August 6, 2013 at 12:54pm — No Comments

EURUSD – Intraday Strategy (06 Aug 2013)

Recommendations: LONG positions above 1.3230 with 1.3290 & 1.3340 as next targets.

Alternative scenario:The downside breakout of 1.3230 will call for a slide to 1.3185/165

Description: The pair finds support above 1.3230 levels, stability above this level will keep strong pressure to the upside towards 1.3290 levels, break of 1.3290 on hourly closing basis is needed to attack 1.3340 levels above 1.3340 will attack 1.3370/410…

Continue

Added by Haitham653 on August 6, 2013 at 10:56am — 3 Comments

EUR/USD Aug. 6 – Higher in range despite strong US figures, weak Italian GDP

EUR/USD is moving higher but seems to lack the conviction needed to make a real break above 1.33. It recovered from the strong ISM Non-Manufacturing PMI in the US, also thanks to a smaller than expected contraction in Italy. Could the thinner summer volume allow for stronger moves? We have more market moving events on both sides of the Atlantic.

Here is a quick update on the…

Continue

Added by Yohay Elam on August 6, 2013 at 9:32am — No Comments

EUR/USD Aug. 6 – Higher in range despite strong US figures, weak Italian GDP

EUR/USD is moving higher but seems to lack the conviction needed to make a real break above 1.33. It recovered from the strong ISM Non-Manufacturing PMI in the US, also thanks to a smaller than expected contraction in Italy. Could the thinner summer volume allow for stronger moves? We have more market moving events on both sides of the Atlantic.

Here is a quick update on the…

Continue

Added by Yohay Elam on August 6, 2013 at 9:32am — No Comments

EUR/USD hovering near to the PIVOT POINT

Yesterday EUR/USD breaches the weekly pivot point level. I am Expecting EUR gng to sell today. My support levels are 1.3204 and 1.3133.

Added by Thangadurai on August 6, 2013 at 8:23am — No Comments

EUR/USD 06.08.2013

EUR is looking for a direction, traded around 10pips above/under Pivot point 1.3264. Market waiting for Germany's Factory Orders data release today and this maybe! move the EUR.

SELL EUR @ 1.3244 TP 1.3211 / 1.3201

All the best

Added by Ghazwan Antoine Haddad on August 6, 2013 at 8:03am — No Comments

EUR/USD & GOLD forecast 06.08.2013

EUR is still looking for a direction. This morning the currency is under a slight downside pressure but still manitains the price levels above 1.3200. All indicators on H4 and H1 are going flat, giving no clue to where will the price go in the hours ahead. If we are not able to break and close above 1.3300 today, EUR will come under selling pressure with first target 1.3205 and then 1.3170 and finally 1.3140. The market is waiting for Germany's Factory Orders data release later today and…

Continue

Added by Vladimir Mihaylov on August 6, 2013 at 6:52am — 7 Comments

Cable hits Daily Pivot Of 1.5331...If we Stay Above Here Look For 1.5380

Added by Carol Harmer on August 6, 2013 at 6:18am — No Comments

INTRA DAY TRADES IN SIX MAJOR INSTRUMENTS 06-08-13

Yesterday my 4 trades hit their TP and GOLD recovered through Breakout Sell .Look at today Plan.

 MTG MARKET UPDATE 06-08-13

EUR/USD: Sell 1.3260, TP 1.3220/3185 SL1.3290BOB 1.3300

GBP/USD: Sell 1.5350, TP1.5308/5285, SL1.5378, BOB1.5388

GOLD: Buy limit 1282, TP1288/93, SL1277, B0S 1275     

     

OIL: Sell 106.45, TP 105.85.SL106.75 BOB 106.80

USD/JPY: Buy 98.30, TP 98.75/90, SL 98 BOS 97.98

US…

Continue

Added by Usman Ali on August 6, 2013 at 5:58am — No Comments

A Humble Federal Reserve?

Dallas Fed President Richard Fisher said humility would be a good quality for the next Fed Chairman. Now that would be a far more radical concept than QE.

Added by Joseph Trevisani on August 5, 2013 at 7:17pm — No Comments

Gold – Weekly Forecast 05-09 Aug 2013

The gold maintained some bullish momentum last Friday, topped at 1319 and bottomed at 1283 levels, now pressure will be on the key resistance 1319, the GOLD will have to hold above the 1319 levels on a daily closing basis to push the market for further upside gains , If seen it will target the 1347 levels, around this level we might see a halt , but a breach will turn focus on the 1385 ahead of 1423 levels.



On the downside , a failure to hold above the 1319 levels , could mean a…

Continue

Added by Haitham653 on August 5, 2013 at 6:59pm — No Comments

USDJPY – Monthly Forecast Aug 2013

The USDJPY maintained a bearish momentum last month, now pressure will be on the key support 97.57 , the USDJPY will have to hold below the 97.57 levels on a monthly closing basis to push the market for further downside losses,If seen it will target the 94.00 levels where a breach will turn focus on the 87.00 levels.



Alternatively, a failure to hold below the 97.57 levels could mean a return to the 101.52 levels, break of this level will target the 103.73 levels, above 103.73 will…

Continue

Added by Haitham653 on August 5, 2013 at 2:00pm — No Comments

GBPUSD – Monthly Forecast Aug 2013

As shown on the monthly chart below, buyers failed to bottom 3 times in the past, once at 1.5271 (Oct 2011 low), the second one at 1.5233(Jan 2012 low), the last one at 1.5237 (Jun 2012 low) , because of the lack of bullish momentum , the pair extended its weakness beneath those level to get the needed momentum to help the pair rising once again , in other words, the GBPUSD is in extended bullish divergence on the monthly chart, this scenario is bearish in short term view (1-2) years and…

Continue

Added by Haitham653 on August 5, 2013 at 1:40pm — No Comments

$EURUSD- continuation down?

Currently we are at 1.3250 and looking for a bearish continuation to the S2 area @ 1.3207- the next target is the support At the S2  @ 1.3154.  The average daily true range (ATR) for the pair currently is 88 pips.…

Continue

Added by Scott Barkley on August 5, 2013 at 12:44pm — No Comments

EUR/USD

MACD is indicated a bearish divergence and the price is near to an important resistance level  formed by two trend lines and a static resistance level. We have to wait to see what will happen when the price will reach the resistance zone, pass above or begin decreasing.

Long over 1.3320

Short below 1.3255…

Continue

Added by Olimpiu Tuns on August 5, 2013 at 11:30am — No Comments

Crude Oil – Weekly Forecast 05-09 Aug 2013

The Crude Oil rose last week , but the pair was rejected from the 108.92 levels , topped at 108.78 levels, last Friday it maintained some bearish momentum after bottoming at 106.64 levels, now pressure will be on the key support 106.64, the Crude Oil will have to hold below the 106.64 levels on a daily closing basis to push the market for further downside losses, If seen, main support is at 105.00 levels, at this point this level may contain any downside moves but losing 105.00 on a daily…

Continue

Added by Haitham653 on August 5, 2013 at 10:20am — No Comments

Blog Topics by Tags

Monthly Archives

2015

2014

2013

2012

2011

2010

1999

Members

© 2015   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video