Кино oнлайн Голосов: 1 Адрес блога: http://protelemag.ru/load/ Добавлен: 2011-09-28 02:02:58 блограйдером petol

GBP/USD Intraday Technical Analysis

2012-10-29 12:15:20 (читать в оригинале)

 

 

The spot rate approaches the upper limit of its medium-term bearish channel at 1.6140 suggesting a decline. However, a break of these levels will initiate a violent bullish channel.
Technical indicators provide sell signals, and until the resistance is not broken the assumption of a decline is most likely. Bollinger bands are much discarded as a result of a strong increase these days. Stabilization is expected in the short term.
The spot rate is currently testing the upper limit of its channel, we suggest 2 scenarios. The first one is the hypothesis of a decline where we recommend a sell on the level of 1.6140 with the 1st objective at 1.6080 and then at 1.6060. A breakthrough of 1.6160 will invalidate this scenario. The second scenario is a break of its resistance where we advise a “buy stop” which means to buy the spot rate as soon as it is broken through its resistance of 1.6140 with the 1st objective at 1.6200 and then at 1.6220. A breakthrough of 1.6120 will invalidate this scenario.

The material has been provided by Instaforex Company - instaforex.com

---

EUR/USD Testing Key Trendline Support for October 26, 2012

2012-10-26 19:34:52 (читать в оригинале)

The EUR/USD market has been bearish the last couple of weeks since finding resistance near 1.3140.   
The EUR/USD pair attempted to push lower yesterday, but found a good support at the lower limit of the bullish channel depicted on the DAILY chart above and traded higher earlier yesterday hitting 1.3012.   
If the market fixates above 1.2875, it respects the trendline. However, a clear break below 1.2850 is likely a confirmed break of the trendline.
The bias is bullish in the short term, especially if price is able to make a clear break above 78.6% Fibonacci Level around price level of 1.3015 allowing the pair to reach 1.3070 initially.
The H&S bearish scenario (4H chart) also remains intact; but an obvious break back below 1.2950 is needed to continue the bearish pressure retesting the lower limit of the bullish channel and 1.2900 Price Zone. 

The material has been provided by Instaforex Company - instaforex.com

---

USD/CAD Intraday Technical Analysis and Trading Recommendations for October 26, 2012

2012-10-26 19:33:45 (читать в оригинале)

The USD/CAD bullish movement managed to break above the upper limit of the depicted long-term channel (0.9725). It was considered to be a bullish signal in the long term with a confirmed bullish 123 reversal pattern appearing on the DAILY chart. It is targeting 0.9980 as long as the pair is fixating above 0.9880.
Last week, considerable bullish price action was expressed towards 0.9770 (the newly established ascending bottom) which is considered to be a quite strong bullish manifestation.
Price zone 0.9820 - 0.9850 is now considered to be an Intraday Support zone. In order to resume the targets for the bullish patterns targeting around 0.9980 there should remain consolidating above this zone.
Price area 0.9960-0.9975 corresponding to the upper limit of the newly established 4H bullish channel is considered to be a strong Intraday Resistance zone where a bearish retracement would probably take place towards 0.9820 - 0.9850 before further continuation of the bullish movement starts. 

The material has been provided by Instaforex Company - instaforex.com

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for October 26, 2012

2012-10-26 19:33:04 (читать в оригинале)

GBP/USD expressed daily closure below the lower limit of the depicted bullish channel which extended the bearish movement towards 1.5970 which has been providing considerable support for the pair.
The lower limit of the broken DAILY channel was retested around the price zone of 1.6160 - 1.6180 last week triggering a suggested SELL entry which hit its full target at 1.5930.
As it was expected, strong bullish rejection was expressed on testing 50% Fibonacci around 1.5930 which provided a valid low risk BUY entry.
The upper limit of the depicted 4H channel around 1.6140 (an Intraday Resistance Level) is being re-tested this week showing significant bearish price action so far. However, SELLING is risky this time due to the strong bullish rejection manifested this week. That's why a small lot SELL entry is suggested off 1.6140 with tight SL placed above 1.6180.

Support: 1.6060, 1.6020, 1.5960, and 1.5920.
Resistance: 1.6125, 1.6175, and 1.6260.  

The material has been provided by Instaforex Company - instaforex.com

---

Fundamental Analysis For October 26, 2012

2012-10-26 19:29:35 (читать в оригинале)

The data on U.S. GDP for the third quarter is just published. The 2% growth shows modest but sustained recovery in the world's largest economy just few days before the presidential election.

The first impact, as reflected in the Dow Jones index futures was very positive. It left its quote, in principle, the uptrend line in weekly chart of 13 months, and the breakdown could mean a change in direction of the index in the medium term.

Also, the data favored, at least in the minutes after publication, to the European currencies. They are mixed against the dollar.

While the euro plummets and touched 1.2880 the British pound is reaching highs of several days, driven by the first positive UK GDP in four quarters published on Thursday.

However, today's data could unify the behavior of leading currencies against the dollar, which in turn, would fall in good shape in the American session if, as expected, NYSE actions take bullish strength.

However, as shown and as has occurred throughout this month, the prices of the major pairs move very cautiously, in very narrow ranges, giving good opportunities in the short term, but longer trends jolting.

The consumer confidence data issued by the University of Michigan will be published at 9:55 shaping trends that are likely to begin to take shape with the opening bell for the U.S. trading session.

The material has been provided by Instaforex Company - instaforex.com