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

EUR/USD: Technical Analysis for October 25, 2012

2012-10-25 10:33:21 (читать в оригинале)

Weekly Pivot Point: 1.3017

 

 

Overview: Technical Analysis for October 24 - 25, 2012.
The EUR/USD pair has broken the resistance level and turned towards the support level near the two-month point of 1.2903. Therefore, the pair has already formed a strong support at 1.2803 / 1.2894. Moreover, having failed to close below 1.2900 yesterday, the pair started showing a bullish reaction at this level. It is necessary to mention that these levels coincide with strong levels for bulls on H4 chart; the pair has also formed a strong support at the level of 1.2803 / 1.2894. The pair will move upwards, it is convincing; the structure of the upside movement does not look corrective and is indicating a bullish opportunity above 1.2803. This can be a good sign for buy deals above 1.2803 / 1.2894 with the first target at 1.2970 initiating an uptrend in order to continue the bullish mood towards the point of 1.3015 and further to 1.3130. If the trend breaks the weekly pivot point (1.3017), then the pair will go upwards to these targets. However, it should also be noted that the price is still between 1.3090 and 1.2955, as the last strong resistance level (1.3140) is still able to begin a downtrend at this level. Thus, the market indicates a bearish opportunity at the level 1.3140 on H4 chart with the first target at 1.3090 and continues towards 1.3000.

Weekly Pivot Points:
R3: 1.3392
R2: 1.3266
R1: 1.3143
PP: 1.3017
S1: 1.2894
S2: 1.2768
S3: 1.2645

Observation (s):
If the trend is ascending, then the strength of the currency will be defined as following: EUR is an uptrend and USD is a downtrend.
Most of the traders use the Fibonacci retracement to determine accurately the psychological support and resistance levels.
Stop loss should NEVER exceed your maximum exposure amounts.
The market has a high volatile as usual if the last day had a huge volatility.

If you have any questions or requests, please feel free to contact me: mourad.elkeddani@analytics.instaforex.com.

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

---

Fundamental Analysis For October 24, 2012

2012-10-24 19:04:26 (читать в оригинале)

 

 

The next meaningful event for monetary policy is not the announcements by Fed, but the president election in U.S. two weeks later.
European shares recover after sharp falls which took place on Wednesday.
The Dow Jones Industrial Average added 24.64 points to 13,127.17.
But let's go in chronological order what has already happened and may happen later. In Germany IFO Business Climate index is already known. It showed a decline to 100 points, lower than expected. Amid the data the euro reached its minimum of 1.2919 against the dollar, then a slight recovery started.
Also in Germany both the PMI manufacturing and services appeared well below expectations, showing that the strength of the European economic locomotive also begins to stumble; it is not good for the rest of the eurozone.
New Home Sales in the United States data are released. Purchases of new homes rose in September to the highest level in more than two years.
The Fed's announcement, scheduled for 2:15 PM Eastern. Ben S. Bernanke, a current chairman, may announce QE3 which includes injecting the economic circuit of about 40 billion dollars a month could stretch to the end of his term. It runs through early 2014.
However, Tuesday's low reflects a climate of uncertainty. Employment data is far from ideal but much better than analysts expected. Some believe that it was manipulation in favor of the Obama administration, in terms of his reelection next month.
So this afternoon could give investors confidence, if Bernanke and his people are able to convince themselves that their stimulus plans are actually working.
The chart of the dollar against major currencies shows a moderate probability that the dollar suffered a setback today of medium intensity, so the euro could exceed 1.30 with relative ease, while the pound regains its upward pace 1.6080.

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

---

EUR/USD Strong Support 1.2873 For October 24, 2012 (Daily Strategy)

2012-10-24 18:08:42 (читать в оригинале)

 

The EUR/USD pair is very close to the weekly support 1.2893. Below it there is the uptrend line crossing at 1.2873. We believe that before the euro holds up it must break support at these levels. As we mentioned yesterday in our article, the euro has a strong downward pressure below 1.30005. Only a meaningful optimistic data could lead the pair to reach the highs last week.
At a fundamental level, the minutes of FOMC meeting will be released today. Much volatility is expected; therefore we recommend exercise great caution before making a decision.
Therefore, we recommend buying weekly support. It is recommended to buy only if you want to take a position now. You can buy at current price level with low leverage, with targets back to 1.3120.
The technical indicator is approaching a bullish rebound.

 

If you need personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.

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

---

AUD/USD Bullish Outlook - For October 24, 2012 (Daily Strategy)

2012-10-24 17:33:37 (читать в оригинале)

 

The AUD/USD pair managed to break its downtrend line on 17 October. It made a pullback to the bearish trend line yesterday; these details may be observed on the chart. Given that the pair is below the 200 day moving average period we cannot ensure that the pair is completely upward. In order to confirm it we should wait for a close above 1.0344. If you have already taken bullish positions on this pair, we recommend keeping it.
Therefore, we recommend buying this pair at current price level, because the pair is above the weekly pivot and it increases the probability of an upward movement. We will place our target at 1.0520.
The technical indicator is showing bullish strength.

 

If you need personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.

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

---

SILVER Technical Levels and Trading Recommendations for October 24, 2012

2012-10-24 16:53:24 (читать в оригинале)

Overview

 

The H4 chart demonstrates today that silver is still trading above the Support level 31.80 after taking a downward move yesterday. If silver continues its bearish view and manages to break this Support level, it will provide a good opportunity to sell below the Support level 31.80 till enabling the Support level of 31.50 as a level target. After that we should wait for breaking out of this Support level to continue the bearish move. In case silver is able to break the Support level of 31.50 and closes 4H below, we will get a bearish strength which will provide new sell signals and enable the Support level of 31.00 as a level target.
On the other hand, if silver reverses its bearish move and takes an upward direction after its rebound from the Support level of 31.80, it will be a strong indicator for the bullish move after closing 4H above the Support level enabling the Resistance level of 32.40 again. In this case, we should wait for breaking this Resistance level to continue the bullish view. Based on the given H4 chart, the technical indicators provide sell signals, but as long as the Support level of 31.80 is unbroken, the upward move is still expected and invalidating the downward movement. Therefore, we should wait for more confirmations before making a decision.

 

 

Resistance and Support levels

 

R3 (33.30)R2 (33.00)R1 (32.40)S1 (31.80)S2 (31.50)S3 (31.00)

 

 

 

Trading Recommendations

 

According to the previous analysis, we recommend selling in case of closing 4H below the Support level of 31.80 with TP 31.45; SL closing 4H below the Resistance level might be appropriate.  

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