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

EUR/USD Bearish Outlook for September 06 /2012 (Daily Strategy)

2012-09-06 18:28:39 (читать в оригинале)

 

The euro could not exceed the level of 1.2650. It demonstrated a reverse just at the resistance level showing weakness this week. Fundamental data expected did not sound good for the Eurozone, so it is likely that we see again a downward sequence to 1.24. But before that the euro must meet the level of 1.25 which is a psychological support for the currency. A weekly close below this level will indicate the beginning of a new sequence.
We, therefore, recommend selling the pullback at1.2640 with targets at 1.2515 and 1.2480.

 

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

---

- Today ECB Press Conference - Fundamental Analysis, for September 06, 2012

2012-09-06 17:05:51 (читать в оригинале)

 

Today is a very special day for financial markets in general and currency market in particular.
Different monetary policy announcements and the number of jobs in private sector for August provided by ADP, generated movements of some currencies on the market which was quiet until now.
The Bank of England left its benchmark interest rate unchanged at 0.5%, the lowest level, as was planned and also maintained its asset purchase plan without changes.
The pound was barely affected by the news given that they were in line with expectations. But more than this, it is noted the high expectations by the European Central Bank ads.
There are different opinions about if the ECB cuts the rates, which in this case would be at 0.5%, or will try to stimulate the economy. Another think tank suggests that this will not happen.
Of course, a change in the rate will move down the euro immediately, but it will not be enough to get to know the words of its president, Mario Draghi. His conference starts at 8:30 and all investors are waiting impatiently for the as the Bank’s representatives could not visit Jackson Hole conference due to heavy workload.
These events are preceded by somewhat contradictory statements of the leader of Germany, Angela Merkel, who opposes the ECB financial statements (taken for it's own entity status, which prohibits such action), but finally Germany is about to admit such terms which would save two countries whose fall could mean the demise of the euro on the Earth. As it can be seen, the economic problem exists. Spanish government is seeking a bailout without asking for it officially in order to keep confidence of its constituents. In between, millions of people are losing work.
We do not comment on the details of the ECB interest rate. I only can think of one suggestion: no positions in the market place until stable trends.

 

 

 

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

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

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

---

USD/CAD Intraday Technical Analysis and Trading Recommendations for September 6, 2012

2012-09-06 14:41:44 (читать в оригинале)

Breakout above the bearish Blue channel gave the opportunity for the USD/CAD pair to achieve the upper limit of the longer term channel around the price level of 1.0025. However, the pair found resistance around the price level of 0.9945. Since then, the USD/CAD pair has been trapped within the consolidation range between 0.9845 - 0.9945.
The price level of 0.9845 which corresponds to the lower limit of the consolidation range was tested on Tuesday when we suggested a BUY entry with SL located below 0.9800 with taking into consideration that price level of 0.9915 turned to a strong Intraday resistance level which corresponds to the upper limit of the long term bearish channel as well.
Some profits should have been taken at 0.9880 and Stop Loss should be advanced directly below entry level of 0.9840.
Fixation above 0.9915 and 0.9945 which are intraday Resistance levels is required to resume the bullish movement towards higher resistance levels around 1.0025. However, fixation below the price level of 0.9800 invalidates the bullish scenario for the short-term opening the way towards the lower limit of the channel around price level of 0.9730.
For the long term aspect, the price level of 1.0025 corresponds to Fibonacci levels of 50% and 78.6% of the most recent two bearish swings. That's why price action should be watched there for a valid long term SELL entry with SL located above 1.0080.

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

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for September 6, 2012

2012-09-06 14:40:00 (читать в оригинале)

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

The GBP/USD pair has been consolidating almost sideways trapped between price levels of 1.5850 - 1.5930 within the depicted Yellow &Blue channels.

Yesterday, the GBP/USD pair expressed strong bullish rejection towards the lower limit of the Yellow & Blue channels around 1.5835 which pushed the pair towards 1.5930 corresponding to the upper limits of the same channels where bearish domination was expressed failing to record a higher swing.

Although, the Yellow & Blue channels are identical being almost transverse or slightly bullish, the Violet channel which represents yesterday's movement is obviously bullish with an obvious Intraday resistance level located at 1.5930 which represents a valid SELL entry with SL located above 1.5965.

Breakdown of the mid-line of the Yellow channel & the lower limit of the Violet one around 1.5895, opens the way directly towards the lower limit of the channels around 1.5860.

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

---

AUD/CAD Wave Analysis for September 6, 2012

2012-09-06 14:32:52 (читать в оригинале)

AUD/CAD Elliott Wave
Yesterday the AUD/CAD pair was trading in a upward move developing wave (1) wave (coloured purple) the bigger 1 wave (coloured blue). During the early Asian session we could observe a descending movement towards the 1.0051 level and we can consider this move as the end of the (C) wave (coloured green) of the bigger wave (2) (coloured orange). Therefore, during the European and New York session this currency started pushing higher developing 1 impulsive wave (coloured blue). In accordance with our wave rules and taking into account that the wave 3 should retrace 161.8% of the wave 1, we can define the potential targets with Fibonacci extension (1.0051-1.0103-1.0076), with Take Profit at 1.0162 (161.8% of wave 1) and Take Profit 2 at 1.0215 (261.8% of wave 1) . To reduce the risk, we can use support at 1.0080 level as Stop Loss. Also it is necessary to monitor the AUD Employment Change and Unemployment Rate data that can change the rate of the pair.
Support and Resistance
(S3) 1.0029 (S2) 1.0050 (S1) 1.0063 (PP) 1.0084 (R1) 1.0105 (R2) 1.0118 (R3) 1.0139
Trading Forecast
Proceeding from Elliott Wave rules today, the trend is expected to begin the upward movement. That is why long positions at level 1.0130 with Stop Loss 1.0080, Take Profit at 1.0162, and Take Profit 2 at 1.0215 are recommended.

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