Added by HectorFXtrader on January 11, 2013 at 6:31am — No Comments
Hello eve1...as we can see in the chart there happens to be a Bearish Bat formation in H4 time frame...so sell EU around 1.3264 ....SL @ 1.3280...TP…Continue
Added by Leo Fx on January 11, 2013 at 5:53am — No Comments
Yestarday EUR bulls showed everyone they are not dead, just sleeping. EUR has cleared all the loss during the first week of the year supported by the mr.Draghi's speech after the expected ECB decision and S&P release. Also pressure over the USD made the increase of the jobless claims which shows that more stimulus are needed to stabilize the weak american recovery. And in the time where we can see a weak recovery in the USA, there is no any like this in the EU - on the one side is…Continue
And it was a Homerun day for Bulls in USD Majors, USD weakened after few sideway moves of past few days. Expect USD weakening.
Outlook USD Weak
CPI m/m CHF 3:15 am EST
Manufacturing Production m/m GBP 4 30 am EST
Trade Balance …
Added by Sardar Uddin on January 11, 2013 at 5:23am — No Comments
EURO/USD two scenarios now:-
1. if the high of 1.33000 breached then rally continued from here.
2. if high doesnt brech then it will take a retracement to 1.3164 or1.3140
there should entere for a buy with an sl of 1.3030 and hold the position.
Added by sony rana on January 11, 2013 at 12:42am — No Comments
a look at eurusd s&p500 and other pairs, important levels being tested
TD Securities - "Since the market’s slide back under what we had considered to be the pivotal level for the bullish technical view on funds we held before the holiday break—namely the 0.9885 zone—spot has been unable to get back above that point. Five rejections in the high 0.98s this week and the modestly bearish-leaning (for the USD) trend momentum signals on the 1– and 6-hour charts…Continue
Added by Francesc Riverola on January 10, 2013 at 4:10pm — No Comments
USDJPY: A follow-through higher on its Wednesday rally has exposed the 88.40 level. A break of here will call for a run at the 89.00 level. Further out, resistance resides at the 90.00 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support comes in at the 86.78 level where a reversal of roles is likely to occur and turn the pair back up. However, a cut through here if seen will set the stage for more declines towards the 85.65 level. Further down,…Continue
Added by fxtech on January 10, 2013 at 4:00pm — No Comments
In a surprising turn of events for the Chinese economy, it was revealed today that exports soared in the month of December. The surge in exports bolstered a wider than expected surplus in the world’s second largest economy, and supports the notion that global growth may not be all that bad.
The positive news is a boon for the Australian dollar, which has surged off of support via 1.3034. Currently, the Pacific currency remains second on the leaderboard, higher by…
Added by Richard Lee on January 10, 2013 at 3:59pm — No Comments
There is short opportunity at 78.6 fib level of current high & low, price most of time respect that level and this area is also 161.8 Fib Expan, and resistance level, I think price might respect this level, I usually take my entry on shorter time frame with valid…Continue
Added by Rocky Master on January 10, 2013 at 3:55pm — No Comments
I already made more than 1200 pips on usd/jpy and eur/jpy, however I think now we are witnessing beginning of much bigger move on monthly. Without further due, eur/jpy first:…Continue
Break of 6040 improves s/t outlook increasing odds for move higher twds At this moment if techs matter we'd be dip buyers for a test of 6080/6100 Cable may lag EURUSD due to EURGBP strenght Like us (FB) and sign up for free research & trading strategies @ www.greenwhaleanalytics.com…Continue
Added by Greenwhale on January 10, 2013 at 2:00pm — No Comments
Added by Francesc Riverola on January 10, 2013 at 2:00pm — No Comments
I THINK THE 5TH IMPULSE WAVE OF DAILY AND THE THIRD CORRECTIVE WAVE OF WEEKLY HAS STARTED...
Added by sony rana on January 10, 2013 at 1:56pm — No Comments
Break of 3085 improves s/t outlook increasing odds for move higher. At this moment if techs matter we'd be dip buyers for a test of 3130/40 and move twds 3170/80
* We missed morning aggressive longs entry pointContinue
Added by Greenwhale on January 10, 2013 at 1:53pm — No Comments
Currently we are at 89.58 and testing a break of the top and R5. The target area up is the 1.270 fib Extension @ 90.06 then 90.91. A failure to break will look for a retrace to the 0.214 Fibo @ 88.88. The average daily trading range (ATR) is 75 pips.Continue
Added by Scott Barkley on January 10, 2013 at 1:45pm — No Comments
$USDJPY Positive but struggling on the upside
Moves higher twds recent highs but seems to struggle to erase supply in 88,40/50 area .S/t outlook still positve >87,90 for extension thru 88,40/50 .TP partially on upticks into 88,30/40 and trailing stops up to 87,95…Continue
Added by Greenwhale on January 10, 2013 at 1:44pm — No Comments
$EURJPY Stretching higher. What next ?
$EURJPY spikes higher on ECB decision to leave rates unchanged flushing stale shorts on the way up. S/t outlook postive abv 115,00 for a test of 116 ,00 .Approaching OB levels .Taking profits partially and trailng stops to 115,40
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Added by Greenwhale on January 10, 2013 at 1:32pm — No Comments
ANZ - "Overlapping rebounds “failed” in front of the 1.6450 triangle resistance. Although this underscores the tightening range that has been developing since 2009, the “triangle” is now so close to its apex that a break of support (or resistance!) is unlikely to gain force. A break should merely define a new horizontal range. Consequently, a break of near term rising support at 1.5935 is unlikely to trigger any acceleration through triangle support (currently 1.5675-00). However, bias is to…Continue
Added by Francesc Riverola on January 10, 2013 at 12:36pm — No Comments
Added by Francesc Riverola on January 10, 2013 at 12:21pm — No Comments