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

EUR/USD Intraday Technical Levels for October 24, 2012

2012-10-24 13:00:11 (читать в оригинале)

TODAY's  TECHNICAL  LEVELS: 

Breakout BUY Level: 1.3036.

Strong Resistance: 1.3028.

Original Resistance: 1.3016.

Inner Sell Area: 1.3004.

Target Inner Area: 1.2973.

Inner Buy Area: 1.2942.

Original Support: 1.2930.

Strong Support: 1.2917.

Breakout SELL Level: 1.2910.

DESCRIPTION:

 

 

Today EUR/USD has support and resistance at 1.2930 and 1.3016. The pair is accompanied by strong support at 1.2917 and by 1.3028 as strong resistance.
If EUR/USD breaks out and closes below 1.2910 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3036 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2942 and at 1.3004 - a SELL position. In this case both targets should be located at the level of 1.2973.

 

 

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com
E-mail: Arief.jakarta@indo.instaforex.com

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

---

EUR/NZD - Elliott Wave Analysis for October 24, 2012

2012-10-24 12:56:35 (читать в оригинале)

 

 

Today's Support and Resistance Levels: 

S1: 1.5937                    R1: 1.6009

S2: 1.5908                    R2: 1.6061

S3: 1.5868                    R3: 1.6127

 

Technical Overview:  

 

We do not have much to add to yesterday’s comments. However, our preferred bullish scenario shows that a minor leading diagonal might be developing. This was the same impulsive structure we saw as red wave I was developing. The observation is correct, so we should soon see a powerful rally higher towards 1.6061 and likely also to 1.6127. The flip side is of course a break below 1.5908 that would invalidate the bullish option and call for a more complex correction development from the 1.6061 high.

 

Trading Recommendation:

You should be long EUR from 1.5725 with a stop at 1.5900. If you are not long EUR already buy at 1.5937 or a break above 1.6010 (one order cancels the other) with the same stop.

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

---

EUR/JPY - Elliott Wave Analysis for October 24, 2012

2012-10-24 12:50:33 (читать в оригинале)

 

 

Today's Support and Resistance Levels:

S1: 103.14                    R1: 103.78

S2: 102.89                    R2: 104.10

S3: 102.37                    R3: 104.59 

 

Technical Overview:

 

The decline from the high of 104.59 was observed on Friday. It is clearly impulsive in nature. That said, we still need to break below important support at 103.14 to confirm that the 104.59 high was indeed the top. In the short term we expect minor resistance at 103.82 will protect the upside for a break below 103.51, which will confirm the test of important support at 103.14. This first test might fail, but the next test should break below this support and confirm the 104.59 top.
In the long term we are looking for the largest correction since the 94.10 low, which means a correction of at least 422 pips and then it should take more than a month to develop. The ideal target for this correction will likely be near the 50% corrective target for the rally from 94.10 to 104.59, which comes in at 99.35.

 

Trading Recommendation: 

You should be short EUR from 104.50 with a 105.50 stop. If you are not short EUR already you should sell a break below 103.15 with the same stop.

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

---

Daily Trading Forecasts (October 24, 2012)

2012-10-24 12:14:12 (читать в оригинале)

EURUSD: This pair was bearish yesterday, and further continuation of this bias could lead to a confirmed ‘sell’ signal. The support line at 1.2950 is being besieged – as it stands the chance of being breached to the downside. The RSI 14 period is far below the level 50.

 

USDCHF: USDCHF was bullish yesterday – almost significantly. A continuation of this bullish pressure would eventually lead to a valid ‘buy’ signal later today. The nearest resistance level is at 0.9350 (with a possibility of being tested). The RSI 14 period is far above the level 50.

 

GBPUSD: The cable has continued showing weakness as the EMA 11 remains below its EMA 56 counterpart. That said, the Williams’ % Range is now in the oversold region, so a short-lived pullback would not be a surprise. The psychological level at 1.6000 was eventually violated on the downside. The next target is the accumulation zone at 1.5900.

 

USDJPY: The supply territory at 80.00 still proves formidable for the price on this market. USDJPY has shown its unwillingness to pull back significantly. That supply territory is being besieged, and may yield to bulls’ attack as the northward pressure resumes. The price is far above the EMA 56, and the RSI 14 is in a perpetual oversold condition.

 

EURJPY: There was a conspicuous pullback on this cross yesterday. The supply zone at 104.50 rejected further bullish attempts. The price closed at the demand zone of 103.50, and later bounced up. The signal on this cross is still a "buy", especially considering the situation on the Williams’ % Range period 20. 

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

---

EUR/CHF: Technical Analysis for October 24, 2012

2012-10-24 11:56:15 (читать в оригинале)

Forecast:
At 1.2 / 1.206 a strong level (Support) will be formed providing a clear signal for buy deals with the target seen at the 1.2270 level. Stop loss is to be placed below 1.1850.

Overview:

EUR/CHF: The market is still showing signs of strength following the break above 1.2000, now it could rebuy at the spot of 1.2060. Therefore, it will turn to a strong support. In such case, a stronger rise should be seen towards 1.2270 resistance for confirmation. Moreover, the trend is still above 50% Fibonacci retracement level, thus it will be a good sign to buy above 1.2 (rebuy at 1.2060), and sell below 1.1950.

Types of Analysis:

- Fundamental analysis: the Swissie is also quoted amid the promise to “buy unlimited euro” in order to support this market.
- Technical analysis: on a daily chart the level of 1.2 coincides with the golden ratio (61.8% of Fibonacci retracement levels), then it indicates a bullish market.
- Sentiment analysis: psychological level is at 1.2000, in this case one should be patient to keep the trade till the end.
- Money management: always invest 3% - 7% of the capital (composite) per all trades, always risk (stop loss) 1% - 5% of the capital per all trades, and always trade high risk ratio - trade at least 1/2.
- Period: long-term.
- Stop loss must be set at 1.1950.

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