All Blog Posts Tagged 'forex' (1,599)

$AUDCHF- turning?

Currently we are at 0.7990 after turning at the 0.500 fibo. We are looking for a continuation to the S6 support area @ 0.7874 with an overall target @ 0.7839.  The average daily true range (ATR) for the pair currently is 88 pips.…

Continue

Added by Scott Barkley on December 22, 2014 at 2:27pm — No Comments

Target Trading in the Forex upcoming week of December 21, 2014

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.227. A couple of different scenarios:  1:  bullish: This could be starting a head and shoulders pattern for a move  above 1.2500 would target the R5 Resistance @ 1.2615 and then the R6 @ 1.2870). 2: Bearish : A break down here would set up a nice move to the 2.618 Fibo @ 1.2109. The average daily true range (ATR) for the pair currently is 115 pips.…

Continue

Added by Scott Barkley on December 20, 2014 at 3:02pm — No Comments

$CADJPY- turning?

Currently we are at 102.49 . We are looking for wave 3 and a continuation to the S4 support area @ 101.48.  The average daily true range (ATR) for the pair currently is 113 pips.…

Continue

Added by Scott Barkley on December 19, 2014 at 2:05pm — No Comments

USDCAD - Tracking positive Keltner channel towards 1.1674/95

An aggressive sell-off in late trading proved temporary yesterday with the bounce taking prices back near to opening levels. This rally keeps USDCAD close to the upper band of a rising Keltner channel and although an almost unchanged close reflects uncertainty intraday momentum and strength indicators are positive targeting 1.1655, 1.1674 and 1.1695.…

Continue

Added by Alan Collins on December 18, 2014 at 6:59am — 1 Comment

If You're Struggling With Forex Trading Read These Tips

Forex is trading in foreign markets; anyone can be a Foreign Exchange

trader. The tips in this article can provide you with more knowledge

about the way foreign exchange operates, so that you can begin earning

some additional cash by trading.

Do not just choose a currency pick and go for it. You should read about

the currency pair to better equip yourself for trading. If you spend all

of your time studying every possible pairing, you will never start

trading.…

Continue

Added by Forex Maxims on December 18, 2014 at 3:45am — No Comments

Hints For Currency Traders, Stay Informed To Stay Ahead!

There is interest in Foreign Exchange trading; however, some may

hesitate! It might seem difficult or overwhelming for the beginner. When

investing money, it's wise to use caution. Make sure you educate

yourself when making an investment. Keep up to date with the latest

information. These tips will help you become successful in Foreign

Exchange trading.

Forex is more strongly affected by current economic…

Continue

Added by Forex Maxims on December 18, 2014 at 3:30am — No Comments

USDCHF - Key average caps - Bearish Engulfing background targets .9595

There was limited net movement yesterday in USDCHF with both initial highs and subsequent lows rejected. But the failure to rally through the key 13 day moving average coupled with last week's Bearish Engulfing pattern keeps sentiment negative with potential to .9618 and .9595.…

Continue

Added by Alan Collins on December 16, 2014 at 6:56am — 1 Comment

USDCAD - Keltner channels to lead USDCAD higher this week

The previous week's rejection of the lows extended last week. 4 of the last 5 days posted positive performances with the 13 day moving average supporting. This latest upside took USDCAD to the top of both daily & weekly Keltner channels, momentum is bullish and strength indicators positive and so although signals for sentiment are overbought there is no sign yet of anything other than temporary and limited profit taking and we look for gains to develop further with potential to 1.1628…

Continue

Added by Alan Collins on December 15, 2014 at 7:34am — 1 Comment

$GBPJPY- more left?

Currently we are at 186.19. We are looking for a continuation to the support area @ 185.03 with an overall target @ 184.00.  The average daily true range (ATR) for the pair currently is 142 pips.…

Continue

Added by Scott Barkley on December 12, 2014 at 2:06pm — No Comments

EURGBP - Capped by key Average - .7832 targeted

Overturning the preceding week's improvement selling interest returned to EURGBP last week. 3 week lows were posted last Wednesday but almost half of the initial downside was regained the following day. This volatility means signals for sentiment cannot be clear but with the market consolidating below the 13 day moving average and the daily Ichimoku Cloud the focus is on the downside targeting .7832 and .7799.…

Continue

Added by Alan Collins on December 8, 2014 at 8:17am — No Comments

$GBPCHF- more left?

Currently we are at 1.5290. We are looking for a continuation to the Fibo resistance area @ 1.5410 with an overall target @ 1.5449.  The average daily true range (ATR) for the pair currently is 104 pips.…

Continue

Added by Scott Barkley on December 5, 2014 at 2:09pm — No Comments

EURUSD - Key average caps - 1.2332 targeted

Against a background of bearish signals for sentiment for this week, the capping of the topside at the 13 day moving average proved important. Using that point as a cap, yesterday saw renewed selling pressure. Steady downside resulted and even though last week's low went untested and prices are approaching oversold extremes, the decline leaves sentiment negative targeting 1.2332 and 1.2289.…

Continue

Added by Alan Collins on December 3, 2014 at 6:59am — 1 Comment

Target Trading in the Forex upcoming week of November 30, 2014

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.2440 in a 5th wave but still ranging.  We could get the turn here.  If not, look to the 1.618 Fibo @ 1.2193 as the target.  The average daily true range (ATR) for the pair currently is 107 pips.

 …

Continue

Added by Scott Barkley on November 29, 2014 at 3:19pm — No Comments

EURGBP - Capped by average and Marabuzo line

This week's price action has been caught within a narrow range. Around the 13 day moving average and the daily Ichimoku Cloud this is a consolidation after last week's powerful decline. A lack of follow through in either direction means that immediate signals for sentiment are not strong but it is the upside failure that means 3cA intraday studies are negative with potential to .7907 and .7897.…

Continue

Added by Alan Collins on November 28, 2014 at 6:59am — No Comments

GBPUSD - Through key average - Immediate potential to 1.5849

Demand for sterling continued the rise from this month’s low yesterday. In fact, the upside accelerated – producing the most bullish performance of the month. These gains also took CABLE back above the 13 day moving average for the first time in November. Latter, and overnight, trading has seen consolidation but sentiment remains positive with potential to 1.5849 or even 1.5872.…

Continue

Added by Alan Collins on November 27, 2014 at 6:59am — No Comments

USDCAD- Setback to deepen this week

The bulk of last week's trading was around the 13 day moving average as the pullback from 5 year highs consolidated. However after the week's top was rejected on Thursday, more significant selling pressure developed to take USDCAD clearly below the 13 day line and to test the top of the daily Ichimoku Cloud. An early reaction to this move is expected but with sentiment now negative with potential through 1.1192 to 1.1143.…

Continue

Added by Alan Collins on November 24, 2014 at 7:38am — No Comments

Target Trading in the Forex upcoming week of November 23, 2014

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.2392 in a 5th wave.  We could get the turn here.  If not,  look to the 1.618 Fibo @ 1.2193 as the target.  The average daily true range (ATR) for the pair currently is 111 pips.

 …

Continue

Added by Scott Barkley on November 22, 2014 at 4:48pm — No Comments

$GBPNZD-?

Currently we are at 1.9801. We are looking for a continuation to the 1.618 Fibo area @ 1.9706 with an overall target @ 1.9665.  The average daily true range (ATR) for the pair currently is 249 pips.…

Continue

Added by Scott Barkley on November 21, 2014 at 1:38pm — No Comments

GBPUSD - Channel remains negative, targeting 1.5573

There was limited movement in GBPUSD yesterday - producing an 'Inside' day that reflects a degree of investor indecision. But for a 2nd day in a row, the upside was rejected and this, coupled with a declining Keltner channel and 13 day moving average keeps immediate sentiment negative with potential through 1.5599 to 1.5573.…

Continue

Added by Alan Collins on November 19, 2014 at 6:59am — No Comments

GBPUSD and AUDUSD Intraday: Elliott Wave Analysis

No change on GBPUSD; recovery is still slow and choppy from 1.5617 so it can be a correction as part of incomplete weakness. Be aware of a new bearish turn down, while 1.5735 high is in place. resistance is seen at 1.5670/90 area.

GBPUSD 30min Elliott Wave Analysis

AUDUSD spiked to 0.8680…

Continue

Added by Gregor Horvat on November 18, 2014 at 3:25pm — No Comments

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video