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

GBP/USD Intraday Technical Analysis and Trading Recommendations for September 11, 2012

2012-09-11 13:49:05 (читать в оригинале)

GBP/USD Hourly chart on the basis of the Linear Regression Channels of three different time periods:

The GBP/USD pair expressed a strong bullish rejection towards the lower limit of the Yellow & Blue channels around 1.5920 which pushed the pair towards 1.6030 corresponding to the upper limit of the Yellow one where bearish domination was expressed during the last few hours of Friday.

The GBP/USD was trading within the depicted Yellow channel although Yesterday's Violet channel is slightly bearish due to the expected bearish movement towards 1.5960 which was expected Yesterday.

The GBP/USD pair seems to be finding intraday Resistance at 1.6030. That's why breakdown of the lower limit of the Yellow channel around 1.5990 opens the way directly towards 1.5955 then probably 1.5910.

Breakthrough above intraday Resistance 1.6030 opens the way towards the upper limit of the channel around price level of 1.6095.

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

---

Silver Showing Strong Signs For A Pullback

2012-09-11 13:46:57 (читать в оригинале)

 

Technical Outlook and Chart Setups:

Silver seems to have found resistance at 0.618 Fibonacci level or the downswing between 37.50 and 26.00 levels. It can be assumed with reasonable proof that prices are up for at least a pullback if not a major downswing. As depicted above, backside of the dropping line of resistance would be potential support now, also the former resistance area around 29.00-30.00 levels will be providing strong support during pullbacks. There is a high probability that trade setups at this moment are to be short with a strict stop around 34.50 level.

Trading Recommendations:

Remain short around 33.80 level from yesterday, stop at 34.50, target at 30.00.

 

Good Luck!

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

---

EurJpy Preparing To Resume The Next Bear Leg

2012-09-11 13:45:11 (читать в оригинале)

 

Technical Outlook and Chart Setups:

Structurally nothing has changed from yesterday. Prices stalled at the 0.786 Fibonacci resistance of the downswing from 102.00 level to 94.00 level. We should be getting bearish either today or tomorrow to confirm reversal on a daily chart. Smaller time frames indicate that the next down leg should begin. Potential remains below 94.00 level in the upcoming weeks. Immediate support remains at 96.00 level. We favor shorts at these levels since the risk/reward ratio is the optimum.

Trading Recommendations:

Hold on to short positions at 100.00 level taken yesterday, stop at 102.00, target open for now.

 

Good Luck!

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

---

GbpChf Is Testing Trenline Support at 1.51 Level

2012-09-11 13:42:36 (читать в оригинале)

 

Technical Outlook and Chart Setups:

As depicted above, nothing has structurally changed since yesterday. Prices are retesting the trendline support. Past resistance turned to support confluence at 1.5100 levels. Duriong the next 24 hours we should be able to see a rally from this position if the trendline support holds well. There is a high probability that trading setups will remain on the long side and will have a potential to reach fresh highs around the 1.55/56 area in the upcoming weeks. Resistance well be met at 1.5350 level.

Trading Recommendations:

Remain long from yesterday around 1.51 level, stop at 1.4900, target at 1.55 and higher.

 

Good Luck!

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

---

EUR/USD Wave Analysis for September 11, 2012

2012-09-11 13:38:55 (читать в оригинале)

 

Wave Analysis:
During yesterday’s trading session, the EUR/USD pair was within the price range. At the end of the US trading session, the pair could go down by 50 points to the level of 1.2750. Thus, taking into consideration this situation, we can suggest that the pair is forming the wave 5. If it is so, after the current correction is completed, the price should resume the upward move towards the targets placed between 1.2875-1.2900. Meanwhile, in the terms of the formed wave structure, there is a way for its further development, in which the market swing in favor of a deeper correction may practically begin from the current prices.

 

Targets for New Down Wave (probably 1 or a):
1.2758 – 323.6% Fibonacci
1.2685 – 261.8% Fibonacci
Target for Wave 5 in 5:
1.2876 and higher – 423.6% Fibonacci

Summary and Trading Recommendations:
The most probable outcome is the continuation of the uptrend channel. Now wave 5 resumes the building of the uptrend area in terms of which the rise towards 1.2876 and higher is probable, which is equal to 423.6% of Fibonacci. The uptrend channel indicates the ascending area, fixing below which will signify a stronger decline. After wave 5 in 5 is formed, the pair may begin the new downtrend with the first targets of 1.2758 and 1.2685, corresponding to 323.6% and 261.8% of Fibonacci. MACD indicator did not form any divergences.

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