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

GBP/USD Intraday Technical Analysis

2012-10-03 12:25:25 (читать в оригинале)

 

The spot rate is currently testing the lower limit of its medium-term bearish channel at 1.6090 suggesting a decline. However, a break of these levels will free a large potential and initiate a more violent bearish channel.

Technical indicators do not provide clear signals but until the support is not broken, the assumption of a rebound is most likely. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.

The spot rate is currently testing the lower limit of its channel and we suggest 2 scenarios: the first one is the hypothesis of a rebound where we recommend a buy at the level of 1.6090 with the 1st objective at 1.6150 and then at 1.6170. A breakthrough of 1.6070 will invalidate this scenario. The second scenario is a break of its support where we advise a “sell stop” which means selling the spot rate as soon as it is broken through its support of 1.6090 with the 1st objective at 1.6030 and then at 1.6010. A breakthrough of 1.6110 will invalidate this scenario.

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

---

AUD/USD Wave Analysis for October 03,2012

2012-10-03 12:23:12 (читать в оригинале)

AUD/USD Elliott Wave
Since our last analysis, the AUD/USD pair was trading in a downward move, like we expected, developing impulsive (3) wave (coloured purple) of the bigger wave 3 (coloured blue). During the Asian and the European sessions, we could observe a descending movement from 1.0375 towards the 1.0290 level. Therefore, during the early New York session, the AUD/USD pair continued trading in a bearish mood and the price reached a new daily low at 1.0250 level. At the moment, this currency pair is trading around 1.0210 level and we are expecting to see the price higher today when development of the corrective wave (4) (coloured purple) starts. In accordance with our wave rules and taking into account that the wave 4 should retrace 100% of the wave 1, we can define the potential targets with measuring wave 1, with Take Profit at 1.0246 (100% of wave 1). To reduce the risk, we can use support at 1.0150 level as Stop Loss. Also it is necessary to monitor AUD Trade Balance, HIA New Home Sales m/m, AIG Services Index and U.S. ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, Crude Oil Inventories data that can change the rate of the pair.
Support and Resistance
(S3) 1.0173 (S2) 1.0220 (S1) 1.0249 (PP) 1.0297 (R1) 1.0344 (R2) 1.0373 (R3) 1.0421
Trading Forecast
Proceeding from Elliott Wave rules today, the trend is expected to begin the upward movement. That is why long positions at level 1.0170 with Stop Loss 1.0150 and Take Profit at 1.0246 are recommended.

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

---

EUR/NZD - Elliott Wave Analysis for October 3 - 2012

2012-10-03 12:21:47 (читать в оригинале)

 

 

Today's Support and Resistance Levels: 

S1: 1.5621                    R1: 1.5752

S2: 1.5577                    R2: 1.5810

S3: 1.5507                    R3: 1.5902

 

Technical Overview:  

 

After a small setback to 1.5505 we saw a very powerful move above the base channel line at 1.5650, which is a clear indication of the correction from 1.5902 is over and wave iii is under way. The impulsive rally in wave iii will meet resistance at 1.5773, but we think that there is a very good chance that this rally can extend towards 1.5871. We should remember that if our scenario is correct we have entered wave 3 and corrections tend to be very small. This is the wave we will want to ride. This is the wave we call the wonder to behold.
Support is found in the 1.5621 - 1.5627 area, which will ideally protect the downside.
Looking at the larger picture we expect this wave 3 to keep moving higher towards strong resistance at 1.6969.

 

Trading Recommendation:

With the minor correction down to 1.5505 we could easily buy EUR at 1.5545 and will lift our stop to 1.5500. If you are not long EUR already you should buy a possible correction back towards 1.5627 with the same stop.

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

---

Fundamental Analysis For October 02/2012

2012-10-02 19:58:30 (читать в оригинале)

 

On Monday strong ISM manufacturing data gave Wall Street stocks the thrust which is required for significant growth in the beginning of the month. Yesterday’s European session positive atmosphere and highs and lows gave a tinge of optimism for the markets.
This atmosphere remains full of the expectations about upcoming events in Spain. Rajoy's government keeps markets on edge, denying any help. Political news coverage again tries to hide the worst scenario: If Spain refuses help it will not be able to pay external debts. However, this situation is framed in these twists and turns without much sense that has become the European financial landscape where words and lack of accurate information have the power.
The only important data in the atmosphere of confusion predominating over old Europe was released by the Reserve Bank of Australia which had cut its interest rate to 3.25% from 3.5%. There were some signals for such actions during last month’s minutes. The reduction resulted in a sharp drop in Aussie on all fronts which reached almost 1-month minimum against the dollar. At the moment, the currency is regaining positions very slightly.
The euro, which is already in the area of 1.2930, is seeking to overcome this strong resistance that is always over price for that value, and if successful, will head during the American session towards 1.2960, showing the next important target. If it overcomes this level it will be back to 1.30.
The pound is still bearish. 4-hour chart shows the British currency recovery, but this figure can indicate a continuation of downtrend, with the target level at 1.6060.
Meanwhile, the yen experiences some difficulties. The Bank of Japan announced that it could take action on the foreign exchange market in case the currency continues to be appreciated against the dollar. It will not be surprisingly if the USD/JPY pair comes close to 80.00 in the coming days.
Currently, it is the most important news. The bags operate at profit, and the same is expected from Dow Jones recovery. Employment data and monetary policy are going to be published soon; flat for now.

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

---

SILVER Technical Levels and Trading Recommendations for October 2, 2012

2012-10-02 19:21:31 (читать в оригинале)

 

 

Overview
The H4 chart demonstrates today that silver is still stabilizing below the Resistance level of 35.00 and fails to break it through. If silver continues the upward movement and manages to close 4H above this Resistance level, it will provide a good opportunity to buy above the Resistance level as well as make it possible to reach the Resistance level of 35.50 as the level target. After that we should wait for breaking out of this Resistance level to continue the bullish move. In case silver is able to break the Resistance level of 35.50 and close 4H above, we will get a bullish strength which will provide new buy signals and enable the Resistance level of 36.00 as a level target.
On the other hand, if silver reverses its bullish move and takes a downward move after its rebound from the Resistance level of 35.00, it will be a strong indicator for the bearish move after closing 4H below Support level 34.25 enabling Support level 33.90. In this case we should wait for breaking this Support level to continue the bearish view. Based on the given H4 chart, the technical indicators provide buy signals, but as long as the Resistance level 35.00 is unbroken, the downward move is still expected and invalidating the upward movement. Therefore, we should wait for more confirmations before making the decision.

Resistance and Support levels
R3(36.00)
R2(35.50)
R1(35.00)
S1(34.25)
S2(33.90)
S3(33.30)

Trading Recommendations
According to the previous analysis, we recommend buying in case of closing 4H above the Resistance level 35.00 with TP 35.50; SL closing 4H below the Resistance level might be appropriate.

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