Euro/Cad hitting 61.8 fib level at 13388..The high has been 13386..It is worth a sell here, stops above 13425 ..downside target 13185
Added by Francesc Riverola on January 24, 2013 at 1:15pm — No Comments
Societe Generale - "The disappointment following Apple’s earning release hit the popular tech sector globally, but more importantly we are continuing to see rising signs of overbought valuations and sentiment battling potential risks. Rising FX volatility is slowly percolating cross-asset. Fixed income has already taken a hit from some loss in overbought safe haven and front end VIX are gently edging higher globally as is seemingly their skew. The days of the short USD long risk (MXN, AUD…Continue
Added by Francesc Riverola on January 24, 2013 at 1:05pm — No Comments
Added by Carol Harmer on January 24, 2013 at 12:54pm — No Comments
Here Is my EUR/AUD H1 chart. Upcoming major resistance @ 1.2730 zone.
looking to place a sell limit order for a quick bounce down to…Continue
The solid demand seen seen last week's low has continued steadily. Some stalling has been seen over the last 2 days but key Marabuzo line at 1.7675 acting as a platform for minimum targets of 1.7765 and 1.7820.
Only daily close below 1.7675 alters tone to negative.…Continue
Added by Alan Collins on January 24, 2013 at 12:49pm — No Comments
UBS - "EURUSD BULLISH Resistance is at 1.3404, a break above this would signal the end of the choppy activity, opening the way to 1.3493. Support lies at 1.3249 ahead of 1.3201.
USDJPY BULLISH Resistance is at 90.25, a break above would open 94.13. The important support at 87.79 should hold in the near-term.
GBPUSD BEARISH There is potential for the pair to extend weakness to 1.5755 and then critical support at 1.5694. Resistance is at 1.5946."
Added by Francesc Riverola on January 24, 2013 at 12:14pm — No Comments
Here is my AUD/USD chart!
I see good supply area at this buy level!
Possible wave D on 15 min chart also (200% FIB)
and psycho level 0.500
just want small pips here as we are @ ADR low. should see a push upward in the US…Continue
EUR/USD is showing strong volatility after a large number of releases early on Thursday, including PMI data. The markets were pleased with the solid PMIs out of Germany and the Eurozone. However, French PMIs were a disappointment. Eurozone Current Account looked very sharp, posting its largest surplus in over six years. In the US, the markets will be hoping for another strong reading from today’s…Continue
Added by Yohay Elam on January 24, 2013 at 9:52am — No Comments
Canadian dollar was one of the weakest yesterday after BoC leaved rates unchanged at 1% due to weakness in the economy and lowered GDP expectations for 2013 from 2.3% to 2.0%. IMF also lowered global growth for 2013 but markets did not move much after the announcement. Most of the FX pairs and major commodity markets are trading sideways while stocks keep pushing higher. S&P500 slowed down yesterday 4 points ahead of 1500 psychological level.
EURUSD tested 1.3250/60 support few…Continue
Added by Carol Harmer on January 24, 2013 at 8:51am — No Comments
Taken Short @ 119.234 because price respected 50 fib Fan level which is also resistance level and there is also divergence on Flex Stochastic and my first target was 118.770 but taken first profit at 20 pips profit and close all trades @ 118.669…Continue
Added by Carol Harmer on January 24, 2013 at 8:14am — No Comments
Price action suggests we are going higher from here aftter 2 days of choppy and sideways action...riding on the 50 MA 4HOUR
I will be buying this pair on any dip on the 15 min chart! target as shown above possible entries @ 0.9290 with stop losses below…Continue
Added by Shaun Powell on January 24, 2013 at 8:00am — No Comments
1- Germany may isolate itself "economically" from the EU, If seen, It won't pay a single EURO for any country !!!
2- U.K is the hidden player behind the last rise that resumed last Nov (1.2661), it may stop supporting the euro during the coming weeks or months..
3- Will US economy grow in…
Added by Carol Harmer on January 24, 2013 at 7:52am — No Comments
Added by Carol Harmer on January 24, 2013 at 7:31am — No Comments