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

GBP/JPY Technical Levels and Trading Recommendations for October 4, 2012

2012-10-04 18:31:30 (читать в оригинале)

 

Overview

Proceeding from today's 4H chart, the pair is going to take an upward move after breaking the Resistance level of 126.50 and currently the pair is trading between the Resistance level of 127.20 and the Support level of 126.50. Given that the pair continues its bullish move and manages to break this Resistance level and closes 4H above, we will receive a strong indicator for more bullish signals which will enable the Resistance level of 127.75 as the level target. Then we should wait for breaking this Resistance level to continue the upward move and open the way towards the Resistance level of 128.40.
On the other hand, if the pair fails to break the Resistance level of 127.20 and bounces from it, it may reverse the bullish move taking a downward move which will enable the Support level of 126.50. Then we should wait for breaking this Support level in order to get new bearish signals. In case the pair is able to break the Support level and closes 4H below, we will get a bearish strength providing new sell signals which will enable the Support level of 126.00 as a level target. Based on the given H4 chart, the technical indicators provide buy signals, but as long as the Resistance level of 127.20 is unbroken, the downward move is still expected invalidating the bullish outlook. Therefore, we should wait for more confirmations before making the decision.

Resistance and Support Levels

R3 (128.40)
R2 (127.75)
R1 (127.20)

S1 (126.50)
S2 (126.00)
S3 (125.30)

Trading Recommendations
According to the previous analysis, we recommend buying after breaking the Resistance level of 127.20 and closing 4H above with TP 127.65; SL closing 4 hours below the Resistance level will be appropriate.

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

---

USD/CAD Intraday Technical Analysis and Trading Recommendations for October 4, 2012

2012-10-04 17:30:25 (читать в оригинале)

After the USD/CAD pair broke below 0.9845, the market went to the downside reaching the price level of 0.9635 and tested the lower limit of the depicted bearish long-term channel which expressed a considerable bullish strength at the moment.
The USD/CAD pair reacted bearishly towards the upper limit of the depicted channel pushing the pair to the downside and testing the intraday support zone 0.9720-0.9700 (neckline of a bullish H&S reversal pattern).
It's important to notice that the USD/CAD pair probably established an ascending bottom around 0.9777 which held the price above at the last retesting on Friday last week.necessary to have further decline towards 0.9760 and then 0.9730 in the short-term.

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

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for October 4, 2012

2012-10-04 17:27:05 (читать в оригинале)

Despite the indecisive movements last week, the GBP/USD pair reacted strongly towards 1.6300 – 1.6350 zone confirming the bearish retracement scenario expected last week.
The bearish Head and Shoulders reversal pattern on the 4H chart which was confirmed last Friday, enabled 1.6060 in the short-term.
Yesterday, the GBP/USD pair expressed daily closure outside the depicted bullish channel which is probably an indicator for further bearish movements towards 1.6030 initially. However, having today's daily closure back inside the channel (above 1.6130 ) invalidated this short-term bearish view.
Support: 1.6100, 1.6066, 1.6030, and 1.5920
Resistance: 1.6150, 1.6260, 1.6300, and 1.6350.
Intraday support around 1.6160 was broken down last week leading the price to neutral zone testing 1.6130-1.6050, while a longer-term support is seen around the price level of 1.6060 corresponding to the lower limit of the 4H bullish channel and 1.5920 (50% Fibonacci Level).

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

---

USD/CHF: Technical Analysis for October 4, 2012

2012-10-04 16:25:11 (читать в оригинале)

Forecast:

• Strong level (Resistance) will be formed at 0.9430 providing a clear signal for sell deals with the target seen at the 0.9325 level. Stop-loss is to be placed above 0.9475.

• Strong level (Support) will be formed at 0.9320 providing a clear signal for buy deals with the target seen at the 0.9403 level. Stop-loss is to be placed below 0.9245.

 

 

 

 

Overview:

USD/CHF:

It is necessary to consider that the price is still located between points of 0.9320 and 0.9375, i.e. above the strong resistance level of 0.9430. The pair has already formed a strong resistance at this level of 0.9430 and is presently approaching it to the further testing. Therefore, the Swissie is expected to go downwards following the non-corrective structure and indicating the bearish opportunity below 0.9430 level. Sell deals are recommended below 0.9430 with the first target seen at 0.9370 level. Thus, the downtrend is likely to continue the bearish movement towards 0.9325 level. Moreover, it is crucial that the price has probably formed a strong support at 0.9320. The saturation is likely to take place around 0.9320. Therefore, it is possible that the market will start showing the signs of a bullish behavior. In other words, buy deals are recommended above 0.9320 with the first target seen at 0.9365 level and further at 0.9403 level.

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

---

USD/CHF Wave Analysis for October 04,2012

2012-10-04 13:54:31 (читать в оригинале)

USD/CHF Elliott Wave

For the last few days the USD/CHF pair was trading in a sideways move, developing corrective wave (4) (coloured green) of the bigger wave (A) (coloured orange). Yesterday during the early European session we could observe descending movement from 0.9398 towards the 0.9354 level. Therefore, during the New York session this major pair did not manage to hold this level and price retrace back to 0.9392 level. At the moment the USD/CHF pair is trading around 0.9370 level and we are expecting to see price around 0.9160 level soon. In accordance with our wave rules and taking into account that the wave 5 should retrace 100% of the wave 1, we can define the potential targets with measuring wave 1, with Take Profit at 0.9161(100% of wave 1), and Take Profit 2 at 0.8990 (161.8% of wave 1). To reduce the risk, we can use resistance at 0.9490 level as Stop Loss. Also it is necessary to monitor U.S. Unemployment Claims, Factory Orders m/m, and FOMC Meeting Minutes data that can change the rate of the pair.

Support and Resistance
(S3) 0.9328 (S2) 0.9347 (S1) 0.9358 (PP) 0.9377 (R1) 0.9396 (R2) 0.9407 (R3) 0.9426
Trading Forecast
Proceeding from Elliott Wave rules today, the trend is expected to begin the downward movement. That is why short positions at level 0.9355 with Stop Loss 0.9490, Take Profit at 0.9161, and Take Profit 2 at 0.8990 are recommended.

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