Added by Andrius on April 24, 2013 at 6:04pm — No Comments
trade for next few days.price on daily charts shows uptrend channel and actually is on the bottom of channel,breakbottom line 1.5170 in my opinion should sterling get to 1.5032 if won't break next level is 38.2% fibo 1.5424 so we should sell on this position with the 1.5075 or even 1.5032 target.daily charts shows abc formation(correction) what ussually mean another waves down soon.brakthrought 1.5424 might invalidate this scenario and the price will start heading to 50% fibo…Continue
Added by Curt Wehrley on April 24, 2013 at 5:59pm — No Comments
Most Viewed Webinars for the Week of April 15th to 21st 2013:
#2 Rajoo C -…Continue
Added by Francesc Riverola on April 24, 2013 at 4:47pm — No Comments
Profit : $8028.48 in 5 days
Indicators : DeMarker, Moving Average, Resistance & Support line, Fundamental.…Continue
Another crisis is inevitable, argued Marc Faber at the Robeco World Investment Forum.
So how should investors position themselves?
And how can you spot when the asset-price bubble will burst?
For more click on the picture:
(c)Robeco World Investment…Continue
Royal Bank of Scotland -
"• Comparing the Q1 2013 with Q4 2012, overall bid-ask spreads increased in developed spot markets while they decreased in emerging spot markets.
• The level of trading activity in the first quarter of 2013 was much higher compared to last quarter of 2012.
• Looking at trade counts on dealer platforms and deal size estimates to calculate approximate USD market shares of the various currency pairs, AUDUSD share dropped by 2% from 2012 Q4 to 2013 Q1 while…
Added by Francesc Riverola on April 24, 2013 at 2:19pm — No Comments
Goldman Sachs - "We expect global growth to improve from 3.0% in 2012 to 3.2% in 2013 and to accelerate further to 4.1% in 2014. US growth is likely to see a soft patch in 2Q13 and 3Q13 as the fiscal retrenchment impact peaks before reacceleration in 4Q13. In Europe and China we expect sequential growth improvements from here, though very muted in the case of Europe (...)
Equities: We upgrade equities to overweight over 3 months, and remain overweight over 12 months. Returns should be…
Added by Francesc Riverola on April 24, 2013 at 1:32pm — No Comments
Currently we are at 84.00 in an ascending wedge which is bullish. We are looking for a break and then a continuation up to the resistance @ 85.26 and then the R6 Resistance later @ 86.64. We are bullish. The current average daily trading range (ATR) is 181 pips.…Continue
Added by Scott Barkley on April 24, 2013 at 1:17pm — No Comments
Tuesday was high momentum day in JPY pairs as most took sharp dips and touched strong supports as they bounced back sharply , with indication of testing strong resistance ahead. Most of JPY pairs are forming nice trend continuation patterns. Look for Long opportunities.
Intraday outlook for Cad/Jpy is Long.
UBS - "EURUSD NEUTRAL Having tested support at 1.2974, there’s scope for a move to next support at 1.2920, a break below which would be a bearish development, triggering deeper sell-off to 1.2746. Resistance is at 1.3084 ahead of 1.3202.
USDJPY BULLISH Resistance is at the psychological 100.00, a break above this would be positive opening 101.45. Support is at 98.49 ahead of 97.85.
GBPUSD NEUTRAL Support is at 1.5190, a breach of which would trigger deeper sell-off to 1.5122 and then…
Added by Francesc Riverola on April 24, 2013 at 7:54am — No Comments
Added by Francesc Riverola on April 24, 2013 at 7:38am — No Comments
Good morning traders,
Yesterday we've seen a profitable jump for EURUSD sellers thanks to weak European PMI data. The price has stopped at 1.2975 area, which was suggested by a support trendline (marked red on the chart below):
Recent uptrend move on EURUSD, according to wave analysis,…Continue
Recommendations : SHORT positions below 1.3083 with 1.2910 & 1.2830 as next targets.
Alternative scenario : The upside breakout of 1.3083 will call for a rebound to 1.3190/280.
Description : The pair maintained a bearish momentum yesterday, now pressure will be on the key support 1.2972 levels, a break below this level on a daily closing basis will look for the 1.2910 levels , where a breach will turn focus on the 1.2830…Continue
USD gained strength against major pairs in start of European session but significantly reduced it gain over the rest of European and NY sessions. Currently USD is coming up with mixed sentiments around it.
Outlook – Mix sentiments…Continue
Added by Sardar Uddin on April 24, 2013 at 6:25am — No Comments
Added by Carol Harmer on April 24, 2013 at 6:06am — No Comments
EUR reversed yesterday'supside move after the worse PMI data and dropped 100 pips in one hour. However 1.2970 capped further downside and the pair is currently trading around 1.3000 level. The outlook for the pair is bearish. All indicators are unhappy and watch the ground and the ground is around 1.2880 and the last support is 1.2960-70. Sell on breaking below that with target 1.2880. There are too much resistances to the upside and any upside move will be capped below 1.3040. Only above…Continue
A Daily big white candle for USD/CHF has formed yesterday. This is a bullish candle.
Three Daily white candles has formed during the last three Daily bars. Although these candles were not big enough to create three Daily white soldiers, the steady upward pattern is bullish.
RSI has just reached its highest value in the last 14 days. This is BULLISH signal.
Parabolic SAR triggered a Buy signal 3 days ago.
Added by Martin Kay on April 24, 2013 at 2:39am — No Comments
EURGBP- While the cross may be facing price hesitation below the 0.8635 level, its recovery tone set from the 0.8409 level still remains intact. Unless the 0.8502 level is decisively violated, a return to the upside cannot be ruled out. Resistance resides at the 0.8635 level where a break will call for a run at the 0.8700 level and then the 0.8686 level followed by the 0.8814 level. On the downside, if its present downside pressure continues, further decline could build up towards the…
Added by fxtech on April 23, 2013 at 10:26pm — No Comments