GBPUSD – Book profit on first target and wait for today’s closing
- GBPUSD did confirm upward move yesterday by closing above 1.6517 on 4 hourly chart. Long positions could have been entered easily around 1.6530-1.6535 with stop loss of 1.6510 and target of 1.6607 and 1.6635.…
Added by Omkar Godbole on January 23, 2014 at 9:00am —
T-Yields out of long term downtrend
- Long run Trade: long Yields (short bonds) @ 2.8% target 3.33% & 3.78% stop loss 2.45%. It is advisable to maintain stop loss on weekly closing basis
- Intraday or positional traders can short Yields (Long…
Added by Omkar Godbole on January 23, 2014 at 5:30am —
Another day of sideways trading in EUR/USD has passed. If you take a closer look at H4 you can see the pair is in an ascending channel with bottom 1.3507 and top 1.3583. For now we are moving inside and i think this is some kind of correction move before making some 200-300 pips down. Seems that market is waiting for FED to decide about further tapering. Today PMI from EU will be released which are expected to support the EUR and also US jobless claims later today. Technical picture didn't… Continue
Added by Vladimir Mihaylov on January 23, 2014 at 5:54am —
EURUSD 5 Min. First lets sum up what is going on. This is a non trend day ie a ranging day. Price has just fallen from top of the range with a no brainer 15 min Pin (which I missed) but I noted its significance ie institutional selling and when price came to… Continue
Added by Constantine on January 22, 2014 at 5:00pm —
Added by gregorian on January 22, 2014 at 5:29pm —
Added by gregorian on January 21, 2014 at 6:59pm —
Since hump day is quiet both in my office and on the charts, I’m taking a day of acumen. I am going back over the last week’s trades, and looking ahead to the weekend.
First off I took a chance on the EU going for a Long wild ride above 1.3591, mainly because I thought I saw a double bottom on the daily chart, and she was inching upwards last night. She made a good effort, but never quite got there, which I’ll add was… Continue
Added by Sandra Gillhouse on January 22, 2014 at 5:24pm —
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Added by Francesc Riverola on January 22, 2014 at 3:33pm —
Recommendations: SHORT positions below 1.3582 with 1.3540 & 1.3516 as next targets. Continue
Alternative scenario:The upside breakout of 1.3582 will bring rebound to 1.3620/1.3650.
Description: Intraday bias in EURUSD is on the downside as long as resistance 1.3582 holds on hourly basis with risk towards 1.3540 ahead of 1.3515 levels , below 1.3515 would open 1.3470 next . On the upside…
Added by Haitham653 on January 22, 2014 at 11:09am —
GBPUSD – Unemployment rate falls, GBP bulls should wait for confirmation on 4 hour chart
- Risk traders who initiated short position ahead of data to take advantage of possible disappointment in unemployment rate were stooped out
- Traders/Investors should wait and see the GBPUSD closing on 4 hour chart which is hardly half…
Added by Omkar Godbole on January 22, 2014 at 10:00am —
The GBPUSD maintained a bullish momentum yesterday , topped at the 1.6485 and bottomed at the 1.6398 levels , now pressure will be on the key resistance 1.6485 .
The GBPUSD will have to hold above the 1.6485 levels on a daily closing basis to push the market for further upside gains , If seen , It will challenge / take out 1.6507 levels , If seen ,It will turn focus on the 1.6602/1.6618 levels, further out will open 1.6745 levels.
Alternatively ,a failure to hold above the… Continue
Added by Haitham653 on January 22, 2014 at 9:31am —
1. Remember to place here you calls for EUR/USD price for Friday 24 January- 2014 London Open at 7:00AM GMT.
2. Just place ONE forecast, example: EUR/USD at 1.3520
3. All forecasts must be placed before Wednesday 22 January - 12:00AM… Continue
Added by Daologic on January 20, 2014 at 10:03am —
It was difficult trading day yesterday as Germany's ZEW came out mixed and while USD was stronger during the asian session, with the american session start it came under pressure and this allowed the EUR to break again above the important 1.3550 level, which now serves as support. We need a H4 close below 1.3540 to increase the downside pressure. As we can see also 1.3510 is the next strong support which bounced several times too. It will be passed with high downside power which will reach… Continue
Added by Vladimir Mihaylov on January 22, 2014 at 6:29am —
Added by Carol Harmer on January 22, 2014 at 5:45am —
GBPUSD – The way we’ll work today
- GBPUSD has rose closer to 1.65 levels as per my expectation mentioned in my weekly outlook
- Risk averse traders/investors should wait and watch the UK unemployment data due for release today
- Traders/Investors who can digest loss of 40 -45 pips can initiate short GBPUSD closer to 1.65 as technically the level is…
Added by Omkar Godbole on January 22, 2014 at 5:16am —
Hi everyone Continue
It was just yesterday that we announced the launching a new FX MeetUp in Sydney, we are delighted to announce today the launch of Los Angeles MeetUp group, the 6th FX meetup after Barcelona, London, New York, Toronto and…
Added by Francesc Riverola on January 21, 2014 at 4:00pm —
Gbp/Usd Short Term Sell Entry @ 1.6440 Stoploss @ 1.6480 Target Upto 1.6350 & 1.6250 Now Trading@1.6425,Centreforex Signal No :-184 Date 21/01/2014.…
Added by CentreForex on January 21, 2014 at 11:27am —
Eur/Usd Sell Entry @ 1.3570, Stoploss @ 1.3620 Target Upto 1.3500 & 1.3450 Now Trading @ 1.3540 ,Centreforex Signal No :-183 Date 21/01/2014.…
Added by CentreForex on January 21, 2014 at 11:00am —
Forex Abode: Forex Daily Dose- January 21, 2014: A quick snapshot of the price-action of EUR/AUD, EUR/GBP, USD/INR, USD/CAD,… Continue
Added by Himanshu Jain on January 21, 2014 at 11:00am —
Recommendations: SHORT positions below 1.3567 with 1.3540 & 1.3516 as next targets. Continue
Alternative scenario:The upside breakout of 1.3667 will bring rebound to 1.3590/1.3620
Description: Intraday bias in EURUSD is on the downside as long as resistance 1.3567 holds on hourly basis with risk towards 1.3540 ahead of 1.3515 levels , below 1.3515 would open 1.3470 next . On the upside ,break of 1.3567 on…
Added by Haitham653 on January 21, 2014 at 10:23am —