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Fri 13th Jan 2012, 08:29
#76
Senior Member
Daily Forex Market by FXCC 13Jan2012
Daily Forex Market by FXCC 13Jan2012
Canada’s dollar fell versus most of its major counterparts
The pound dropped by 0.9 percent to 83.61 pence per euro shortly after the London main market closed at 4:35 p.m after falling as much as 1 percent, the most since Nov. 21. Sterling was little changed at $1.5335 after sliding to $1.5279, the lowest since Oct. 6. The currency also slipped to A$1.4801, the weakest since Aug. 1, before trading back at A$1.4877. The EUR/USD rebound from support in the 1.2700 price territory extended to levels ahead of the 1.2850 area, the single currency was supported due to better than expected Spanish and Italian bond auctions on Thursday. The Swissy, the Swiss Franc, strengthened to be the best performer across both Thursday sessions versus all its major peers, posting gains around 1% against the USD, JPY, GBP and AUD. Thursday's trading sessions saw the USD/JPY fall lower on depressed demand for the greenback, the pair has so traded a limited 76.73/80 range in the start to trading in the Asian session on Friday morning.
The Canadian currency was little changed at C$1.0191 per U.S. dollar at 5 p.m. Toronto time, after gaining has much as 0.6 percent. One Canadian dollar buys 98.13 U.S. cents. Australia’s dollar bought $1.0335 at 10:50 a.m. in Sydney from $1.0333 in New York on Thursday, when it rose as high as $1.0378 which was the strongest level since Jan. 4. The Aussie was at 79.35 yen from 79.32 yesterday. New Zealand’s currency, the Kiwi, bought 79.37 U.S. cents, this was virtually unchanged from the previous day, when the pair reached a high as 79.81 cents, a level unseen since Nov. 9th. It traded at 60.94 yen from 60.93.
Read More
2012-01-13 09:30 GMT
UK - Producer Price Index - Input (YoY) n.s.a (Dec)
2012-01-13 09:30 GMT
UK - Producer Price Index - Output (YoY) n.s.a (Dec)
2012-01-13 10:00 GMT
European Monetary Union Trade Balance s.a. (Nov)
2012-01-13 10:00 GMT
European Monetary Union Trade Balance n.s.a. (Nov)
2012-01-13 05:28 GMT
EUR/USD on a second attempt higher in Asia
2012-01-13 03:45 GMT
EUR/AUD prints bullish engulfing candle; yesterday's high tested
2012-01-13 01:45 GMT
The kiwi struggling to get much headway
2012-01-13 00:10 GMT
GBP/USD unchanged after dip to multi-month lows
EURUSD 1.28639 / 1.28646
DAILY WEEKLY MONTHLY
High: 1.28782 | Low: 1.28071 | Chg: 0.0049 0.38%
Resistance Levels: 1.3124 |1.3076 |1.2998 |1.2909
Support Levels: 1.2807 |1.2730| 1.2666 |1.2607
SUMMARY : up
TREND up trend
MA10: Bullish
MA20: bullish
STOCHASTIC : neutral
MARKET ANALYSIS - Intraday Analysis
The EURUSD found strong support at 1.2666 (S3) and within 2 sessions rose sharply to form a high at 1.2870. The pair is in a strong bullish momentum as it heads towards the downtrend trend line and as we have mentioned in previous sessions, we can expect a break out or a continuation of the downtrend. Our recommendation for today’s session is no position, as we should wait for the correction or the break out to take place and then re-evaluate our positions.
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GBPUSD 1.53790 / 1.53795
DAILY WEEKLY MONTHLY
High: 1.53925 | Low: 1.53249 | Chg: 0.0047 0.31%

Resistance Levels: 1.5747 |1.5693| 1.5577| 1.5503
Support Levels: 1.5280 |1.5246 | 1.5202 |1.5160
SUMMARY: Down
TREND: down trend
MA10: bearish
MA20 : Bearish
STOCHASTIC : neutral
MARKET ANALYSIS - Intraday Analysis
GBPUSD rebounded after a slight decline down to 1.5280 (S1), and is now moving towards our first resistance level at 1.5503 (R1). If it breaks above that level, it will be a proper confirmation for long positions targeting the second resistance level at 1.5577 (R2). If the price manages to stay below 1.5413, this would suggest a retest of 1.5280 (S1) and a break below this level would probably be limited to 1.5246 (S2).
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USDJPY 76.732 / 76.734
DAILY WEEKLY MONTHLY
High: 76.837 | Low: 76.683 | Chg: -0.023 -0.03%

Resistance Levels: 77.24 |77.04| 76.97| 76.83
Support Levels: 76.67| 76.13| 75.67 |75.08
SUMMARY: Down
TREND: down trend
MA10 : bearish
MA20 : Bearish
STOCHASTIC : overbought
MARKET ANALYSIS - Intraday Analysis
The USDJPY is forming a lower tops at 77.04 (R3), 76.97 (R2) and at 76.83 (R1). In the hourly time-frame the pair is moving downward. The 10 Moving Average and the 20 Moving Average formed a strong resistance above the pair and both are pointed a bearish signals. Our recommendation therefore for today’s session is short positions at 76.67 (S1) with a stop loss above 76.97 (R2).
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/13012012
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Fri 13th Jan 2012, 12:15
#77
Senior Member
Forex4you Technical Analysis 13 January 2012
EUR/USD: Technical Analysis
The price breached 1.2810 resistance. Level 1.2850/60 is currently holding back the price from further growth, trading is carried out at 1.2840/50. Indicators are mostly "bullish", which gives reasons to anticipate another ascension. It's worth noting, however, that the price now resides around significant resistance levels, which are strong enough to halt further upward movement. If trading falls below 1.2780/70 line, market sentiment will most likely turn "bearish", so we'll be expecting a reversal down and current local minimums -1.2660/70 levels - to be tested anytime soon after. Medium-term outlook looks to be bearish with the next target found at 1.2370/60 level. Even if the price proceeds with its growth, it will be held back by level 1.2900.

Analysis by: Arkady Nagiev
Forex4you analyst
Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Belajar Forex
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Mon 16th Jan 2012, 08:22
#78
Senior Member
Daily Forex Market by FXCC 16Jan2012
MARKET OVERVIEW – JANUARY 16 2012
The euro hits a fresh all-time low of AUD 1.2264 on Monday
With the U.S. markets closed on Monday, due to Martin Luther King day, the currency markets and the euro in isolation may experience a slight reprieve, particularly if France's debt auction gets away with good numbers. The euro fell 0.3 percent to $1.2643 as of 8:15 a.m. in Tokyo from the close in New York on Jan. 13 when it touched $1.2624, the least since Aug. 25, 2010. The shared currency depreciated 0.4 percent to 97.23 yen after dropping to 97.17, the lowest since December 2000. EUR/AUD has opened on Monday with a starting price of 1.2275, down from 1.2304 Friday in New York, the paring has closed the gap, climbing to a session high of 1.2300 from the recent all-time low. At the start of the week's session this Monday, the Japanese yen in gaining versus its European and American counterparts. USD/JPY has fallen sharply down from its starting price of 77.06, it was last at 76.88 some 10 pips below Friday’s close. EUR/JPY has slipped, opening the week offered at 97.36 from 97.58 late Friday. Last quoted at 97.21, EUR/JPY is down 0.38% so far in the early part of the trading session the day. The USD/JPY is down 0.05%. Cable is off slightly printing at 1.5297, down 0.03%, sterling is down versus the yen at 1.1762, down 0.08%.
The Aussie and Kiwi are down versus the dollar by 0.15% and 0.08% respectively. The loonie is down versus the dollar by 0.06%
UPCOMING EVENTS
2012-01-16 00:00 GMT | UK - Rightmove House Price Index (YoY) (Jan)
2012-01-16 12:30 GMT | Australia - Home Loans (Nov)
2012-01-16 07:00 GMT | Germany - Wholesale Price Index (YoY) (Dec)
2012-01-16 09:00 GMT | Italy - Consumer Price Index (YoY) (Dec)
FOREX NEWS
2012-01-16 05:02 GMT | Japan Dec Consumer Confidence Index 38.9
2012-01-16 02:03 GMT | S&P downgrades will affect reserve managers
2012-01-16 00:33 GMT | Some Aussie buying post home loans, adverts report
2012-01-16 00:00 GMT | United Kingdom Jan Rightmove House Price Index (YoY) 0.4%
EURUSD 1.26549 / 1.26555
High: 1.26259 | Low: 1.26259 | Chg: -0.0018 -0.14%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral

Resistance Levels: 1.2944 | 1.2820 | 1.2812 | 1.2727
Support Levels: 1.2621 | 1.2592 | 1.2560 | 1.2513
Intraday Analysis: EURUSD fell and formed a bottom at 1.2621 (S1) and now it seems that it is heading towards 1.2592 (S1) a Fibonacci retracement level - 76.40%. A break below that level, we can expect the price to retest 1.2560 (S3). We can see clearly that the pair is in a downtrend move and both of our Moving Averages are above the price (bearish signal), but a correction upwards is expected leading to a further decline.
GBPUSD 1.53146 / 1.53160
High: 1.53269 | Low: 1.53160 | Chg: 0.0003 0.02%
SUMMARY: Up
INTRADAY TREND: Sideway
MA10: Neutral
MA20: Neutral
STOCHASTIC: Neutral

Resistance Levels: 1.5629 | 1.5579 | 1.5487 | 1.5400
Support Levels: 1.5275 | 1.5233 | 1.5203 | 1.5164
Intraday Analysis: GBPUSD fell sharply yesterday and continued to decline from 1.5400 (R1) to 1.5233 (S2). If GBPUSD breaks above 1.5400 (R1), we can expect re-testing resistance at 1.5487 (R2). Further rise will then focus on 1.5579 (R3). On the downside, decline below current support level 1.5275 (S1) will retest 1.5233 (S2) and 1.5203 (S3). Since the pair is moving above 1.5233 a strong support level (daily) in technical and psychological way for the bullish, we look for long positions with a stop loss below 1.5233 (S2).
USDJPY 76.831/ 76.837
High: 77.831 | Low: 76.81 | Chg: -0.116 -0.15%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bullish
MA20: Bearish
STOCHASTIC: Oversold

Resistance Levels: 78.03 | 77.56 | 77.33 | 77.05
Support Levels: 76.60 | 76.03 | 75.54 | 75.13
Intraday Analysis: USDJPY lost momentum yesterday and made a bottom at 76.66 after forming a top at 77.05 (R1). A break below our support level at 76.60 (S1), will give us a proper confirmation for short positions, as we expect the pair to continue its downwards pressure. A stop loss should be placed above 77.05 (S1).
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/16012012
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Mon 16th Jan 2012, 12:17
#79
Senior Member
Forex4you Technical Analysis 16 January 2012
EUR/USD: Technical Analysis
The price declined below 1.2780/70 level, triggering a reversal of the "bearish" sentiment on the last session. Trading slipped to its local minimums and then even lower, reaching 1.2630/20 levels. At the moment we observe a pullback up, the price resides at 1.2670/80 level. Indicators are unclear, suggesting uncertainty in the market, which is very likely to result in another correction to recent growth, followed by a possible pullback up, probably to 1.2770/80 level or even higher. For now, consolidation range would be limited by 1.2700/1.2690 resistance. Speaking of a medium-term outlook, the "bearish" trend would be dominating with next target found at 1.2370/60 level.

Analysis by: Arkady Nagiev
Forex4you analyst
Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Belajar Forex
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Tue 17th Jan 2012, 08:46
#80
Senior Member
Daily Forex Market by FXCC 17Jan2012
MARKET OVERVIEW – JANUARY 17 2012
Major currency pair and Commodity currency pair analysis
Europe’s shared currency was 0.3 percent weaker at 97.30 yen at 11:40 a.m. in London, after falling to 97.04, the least since December 2000. The euro fell 0.1 percent to $1.2673, after dropping to $1.2626. The dollar dipped 0.3 percent to 76.77 yen. U.S. markets are closed today. Sterling is in a range above the psychological level of 1.5300. This looming round number should represent a test, once breached lower support is at circa 1.5320. EUR/GBP extended its decline to 0.8253, where it bottomed out during the European trade. EUR/GBP is quoting at around 0.8270, 0.06% above its opening price. USD/JPY erases Friday’s gains and falls back to 76.75 down 0.22% on the day. The USD/CHF has retraced back to Monday’s opening price, at 0.9540, after falling to a 0.9525 daily low on the European opening.
NZD/USD is down ahead of NZIER. The pair is flat at 7930, obviously 8000 represents a key level. Improved housing/lending data has helped push up the AUS/USD, the pair is up 0.33% at 10314 with the next resistance levels waiting at 1.0387 followed by key number level of 1.0400. As crude oil rises, the USD/CAD falls. Friday’s gains obtained ahead of the S&P downgrades on European sovereigns have Ben eradicated as price sticks in a range determined by the 200 ma on a 4 hr chart. The pair is below 1.0200, in line with the 200-hourly MA, making this an extremely interesting position to monitor.
UPCOMING EVENTS
2012-01-17 09:30 GMT | United Kingdom Core Consumer Price Index (YoY) (Dec)
2012-01-17 10:00 GMT | United Kingdom BoE's Governor King Speech
2012-01-17 10:00 GMT | EU - Consumer Price Index - Core (YoY) (Dec)
2012-01-17 10:00 GMT | EU - ZEW Survey - Economic Sentiment (Jan)
FOREX NEWS
2012-01-17 05:21 GMT | Another day, another record low for EUR/AUD
2012-01-17 02:04 GMT | China: Retail Sales (YoY) (Dec): 18.1%
2012-01-17 02:04 GMT | China: Industrial Production (YoY) (Dec): 12.8%
2012-01-17 02:03 GMT | China Gross Domestic Product (YoY) 8.9% in 4Q
EURUSD 1.27429 / 1.27434
High: 1.27434 | Low: 1.26489 | Chg: 0.0076 0.06%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Overbought

Resistance Levels: 1.2944 | 1.2882 | 1.2812 | 1.2763
Support Levels: 1.2624 | 1.2592 | 1.2560 | 1.2513
Intraday Analysis: The EURUSD moved upwards and managed to stay above yesterday’s support 1.2624 (S1) and now it is moving towards 1.2763 (R1). A break above that level we suggest further rise towards 1.2812 (R2) and then 1.2882 (R3). On the other hand, if the price manages to hold below 1.2763 (R1) we can expect retest of 1.2624 (S1). The pair is moving downwards since November 2011 and the stochastic is ready to exit downwards to the 80 level. Our recommendation for today’s session is to look for short positions close to 1.2763 (R1) with a stop loss above 1.2812 (R2).
GBPUSD 1.53819 / 1.53831
High: 1.53824 | Low: 1.53107 | Chg: 0.006 0.039%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Overbought

Resistance Levels: 1.5629 | 1.5579 | 1.5487 | 1.5409
Support Levels: 1.52758 | 1.5233 | 1.5203 | 1.5164
Intraday Analysis: The GBPUSD is under bearish pressure as it is approaching towards a crucial support level 1.5233 (S2). The pair reached a high at 1.5409 (R1) and then fell back towards 1.5278 (S1). Further fall will test 1.5233 (S2) and decline below this level, suggesting target at 1.5203 (S3). On the other hand, if price manages to stay above 1.5278 (S1) then we expect the price to retest 1.5409 (R1) and then further rise to 1.5487 (R2). We look for long positions in today’s session with a stop loss below 1.5278 (S1).
USDJPY 76.651/ 76.655
High: 76.878 | Low: 76.64 | Chg: -0.117 -0.117%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Oversold

Resistance Levels: 78.03 | 77.56 | 77.33 | 77.05
Support Levels: 76.60 | 76.03 | 75.54 | 75.13
Intraday Analysis: USDJPY fell sharply and formed a strong support level at 76.60 (S1) and then we saw is rised up and made a high at 77.05 (R1). A break above that level, 77.05 (R1), we suggest further rise towards 77.33 (R2). Both of our Moving Averages are bearish, so we expect the pair to continue its downward move towards 76.03 (S2). A stop loss should be placed above 77.05 (R1).
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/17012012
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Wed 18th Jan 2012, 10:52
#81
Senior Member
Daily Forex Market by FXCC 18Jan2012
Daily Forex Market by FXCC 18Jan2012
The dollar fell versus the euro in early trading
The dollar was little changed at 1.2741 per euro as of 8:30 a.m. in Tokyo after falling 0.5 percent yesterday. The yen fetched 97.88 per euro after a 0.6 percent decline yesterday. USD/JPY broke support at circa 76.60 to reach a fresh 3-month low of 76.54 on Tuesday, recovering to end the American session at 76.82. The pound declined 0.4 percent to 83 pence per euro at 5:03 p.m. London time, after rising 1.1 percent over the previous two days. The currency slid 0.6 percent to A$1.4767 after falling to A$1.4713, the weakest since February 1985. Sterling strengthened 0.2 percent to $1.5348.
Canada’s currency touched C$1.0113 per U.S. dollar, the strongest since Jan. 4. It ended 0.3 percent higher at C$1.0151 in Toronto. One Canadian dollar purchases 98.51 U.S. cents. The Australian Dollar is approaching 1.0370, after it recovered from a dip which halted ahead of 1.0350. AUD/USD retreated 100 pips from its daily highs seen on Tuesday. AUD/USD peaked at a 2 ˝-month high of 1.0447 before Wall Street opening, but then dropped nearly 100 pips throughout the NY session.
Read More
UPCOMING EVENTS
2012-01-18 04:30 GMT | Japan - Industrial Production (YoY) (Nov)
2012-01-18 09:30 GMT | UK - ILO Unemployment Rate (3M) (Jan)
2012-01-18 09:30 GMT | UK - Average Earnings including Bonus (3Mo/Yr) (Nov)
2012-01-18 09:30 GMT | UK - Claimant Count Change (Dec)
FOREX NEWS
2012-01-18 04:36 GMT | Japan Nov Industrial Production (YoY) -4.2%
2012-01-18 04:34 GMT | Japan Capacity Utilization -2.9% in Nov
2012-01-18 04:34 GMT | Japan Industrial Production (MoM) -2.7% in Nov
2012-01-18 00:34 GMT | Australia Dec New Motor Vehicle Sales (YoY) -3%
EURUSD 1.27906 / 1.27910
DAILY WEEKLY MONTHLY
High: 1.27927 | Low: 1.27333 | Chg: 0.0055 0.43%

1.2944 | 1.2878 | 1.2843 | 1.2807
1.2711 | 1.2647 | 1.2624 | 1.2592
SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral
MARKET ANALYSIS - Intraday Analysis
After price formed bottom at 1.2624 (S3) EURUSD was able to break above 1.2711 (S1) and now has found a strong resistance at 1.2807 (R1). If we take a look in the short term time frame, the price is heading close to the downtrend trend line 1.2843 (R2). A break above that level will be suggesting target at 1.2878 (R3) and possibilities for a trend reversal. On the other hand if price fails to break above 1.2807 (R1) we will then expect the price to retest 1.2711 (S1) and then further decline towards 1.2647 (S2). We are in a very crucial level as it is a possibility to either have a continuation of the downtrend or a breakout and trend reversal.
GBPUSD 1.53709 / 1.53718
DAILY WEEKLY MONTHLY
High: 1.53745 | Low: 1.53264 | Chg: 0.0035 0.23%

1.5579 | 1.5527 | 1.5487 | 1.5409
1.5278 | 1.5233 | 1.5203 | 1.5164
SUMMARY : up
TREND : up trend
MA10 : bearish
MA20 : Bearish
STOCHASTIC : neutral
MARKET ANALYSIS - Intraday Analysis
GBPUSD formed higher bottoms and now is moving towards 1.5409 (R1) a technical and psychological resistance level for the bullish. A break above that level, it will be a proper conformation for long positions as we expect the price to retest 1.5487 (R2). On the downside, decline below 1.5320 will be confirmed the short positions towards 1.5278 (S1) and then 1.5233 (S2).
USDJPY 76.693 / 76.699
DAILY WEEKLY MONTHLY
High: 76.844 | Low: 76.653 | Chg: -0.133 -0.17%
78.03 | 75.56 | 77.33 | 77.05
76.55 | 76.03 | 75.54 | 75.13
SUMMARY : Down
TREND : down trend
MA10 : bearish
MA20: Bearish
STOCHASTIC
versold
MARKET ANALYSIS - Intraday Analysis
USDJPY fell yesterday and was supported at 76.55 (S1) and now it seems that it is going to retest that level. We expect the price to retest and then break below our support level targeting fresh lows at 76.03 (S2) and 75.54 (S3). Look for short positions below 76.55 (S1) with a stop loss above 77.05 (R1).
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/18012012
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Wed 18th Jan 2012, 11:30
#82
Senior Member
Forex4you Technical Analysis 18 January 2012
EUR/USD: Technical Analysis
The EUR/USD has rallied up to resistance from the upper channel line of the bearish trend at 1.2785. It has also hit the sideways consolidation highs and the final move higher resembles an elliot 5th wave indicating the possibility of some downside to follow. Although the market hasn't reversed yet there are quite a few negative signals and a move down is expected. The base line of the consolidation and the swing lows at 1.2690 and below at 1.2670 compose the initial target zone.

Analysis by: Arkady Nagiev
Forex4you analyst
Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Belajar Forex
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Thu 19th Jan 2012, 09:03
#83
Senior Member
Daily Forex Market by FXCC 19Jan2012
Daily Forex Market by FXCC 19Jan2012
MARKET OVERVIEW – JANUARY 19 2012
Will the euro strengthen versus the yen?
GBP/USD broke through the levels of resistance from R1-R3 on Wednesday to reach a fresh 5-day high 1.5440, ending the American session 0.68% higher at 1.5435, this represented cables's third successive day of gains. As is its habit on occasion USD/JPY traded in a very limited 76.65/86 range before ending the American session virtually unchanged, at 76.81. The Swiss Franc strengthened versus many major counter party currencies as the US Dollar weakened, the USD/CHF fell to its lowest level in two weeks, below the psychological level of 0.9400. The pair flattened at 0.9382, remaining below 0.9400. The Swissy also rose versus its European rivals. The EUR/CHF broke below 1.2080 to 1.2067, tempting last week's lows at 1.2062, GBP/CHF fell sharply from 1.4515 to 1.4482. EUR/USD ended trading in the New York session circa 1% higher at 1.2862, just below the 20-day EMA resistance level seen at 1.2870 with support seen at 1.2840.
AUD/USD spent Wednesday trading below 1.0450 a 2-month high. The pair ended trading in New York higher for the third consecutive day, closing at 1.0435, up from a session low of 1.0355. A Kiwi sell-off occurred across the markets after a 0.3% fall in inflation was published. NZD/USD lost 45-50 pips rapidly after a sell off took the pair as low as 0.8025 from its earlier highs of 0.8080. After peaking at 1.0176, USD/CAD lost momentum dropping over half a cent late Wednesday currently printing circa 1.0120, a couple of points above Wednesday's daily low of 1.0118.
UPCOMING EVENTS
2012-01-19 00:00 GMT | Australia Consumer Inflation Expectation (Jan)
2012-01-19 00:30 GMT | Australia Unemployment Rate s.a. (Dec)
2012-01-19 00:30 GMT | Australia Employment Change s.a. (Dec)
2012-01-19 09:00 GMT | European Monetary Union ECB Monthly Report
FOREX NEWS
2012-01-19 01:26 GMT | GBP/JPY targeting lows below 118.50
2012-01-19 00:40 GMT | Australia: Unemployment steady at 5.2%, big miss in job creation
2012-01-19 00:27 GMT | Swissy supported by successful auctions
2012-01-19 00:01 GMT | Australia Jan Consumer Inflation Expectation 2.8%
EURUSD 1.28475 / 1.28477
High: 1.28784 | Low: 1.28417 | Chg: -0.0016 -0.12%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 1.3120 | 1.3075 | 1.2989 | 1.2878
Support Levels: 1.2807 | 1.2714 | 1.2647 | 1.2624
Intraday Analysis: EURUSD rose yesterday towards resistance at 1.2878 (R1) and now it is testing the downtrend trend line again. A break above that level we can expect price to move towards 1.2989 (R2) and this is a proper conformation for a trend reversal. On the downside, if the pair do not manage to break above first resistance then we expect to move towards 1.2807 (S1) and then 1.2714 (S2).
GBPUSD 1.54163 / 1.54172
High: 1.54453 | Low: 1.54159 | Chg: -0.0021 -0.14%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 1.5669 | 1.5580 | 1.5488 | 1.5445
Support Levels: 1.5404 | 1.5320 | 1.5278 | 1.5233
Intraday Analysis: GBPUSD gained momentum yesterday and formed a top at 1.5445 (R1) now it seems that is moving towards 1.5404(S1). A break below that level can expect the pair to retest 1.5320 (S2). If the price moves upwards and breaks above our first resistance level 1.5445 (R1) then we expect the price to approach towards 1.5488 (R2).
USDJPY 76.764 / 76.767
High: 76.834 | Low: 76.721 | Chg: -0.054 -0.07%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral

Resistance Levels: 77057 | 77.33 | 77.05 | 76.87
Support Levels: 76.65 | 76.59 | 76.10 | 75.56
Intraday Analysis: USDJPY is moving sideways between 76.87 (R1) and 76.65 (S1). A break below our support level, we can expect the price to retest 76.59 (S2) and further decline we’ll focus on 76.10 (S3). Look for short positions with a stop loss above 77.05 (R2).
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/19012012
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Fri 20th Jan 2012, 08:59
#84
Senior Member
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Mon 23rd Jan 2012, 08:25
#85
Senior Member
Daily Forex Market by FXCC 23Jan2012
Daily Forex Market by FXCC 23Jan2012
Euro falls sharply on open versus many of its peers
The euro fell 0.3 percent to $1.2890 as of 9:20 a.m. in Tokyo from $1.2931 in New York on Jan. 20th when it reached $1.2986, the highest level since Jan. 4th. The seventeen nation common currency declined 0.4 percent to 99.24 yen. The dollar traded at 76.99 yen from 77.01. The USD/JPY possibly remains in consolidation around 77.00 at the start of trading this Monday, after last week saw the paring retrace below 77.05 after failing to break above 100 DMA.
Australia’s dollar fetched $1.0463 from $1.0484 on Jan. 20. It earlier rose as high as $1.0494, its strongest level since Nov. 1. The overall positive mood which enveloped global equity markets last week helped support the Aussie AUD at the open, price is off slightly following a slight fall in the Australian producer price index (QoQ) at 0.3% from a 0.5% consensus.
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UPCOMING EVENTS
2012-01-23 00:30 GMT | Australia Producer Price Index (QoQ) (Q4)
2012-01-23 00:30 GMT | Australia Producer Price Index (YoY) (Q4)
2012-01-23 09:00 GMT | European Monetary Union EcoFin Meeting
2012-01-23 15:00 GMT | EU - Consumer Confidence (Dec) Preliminar
FOREX NEWS
2012-01-23 05:35 GMT | EUR/USD gap down unfilled in Asia
2012-01-23 00:41 GMT | Australia: PPI rises 2.9% in year to December
2012-01-23 00:31 GMT | Australia: Producer Price Index (QoQ) (4Q): 0.3%
2012-01-23 00:17 GMT | USD/JPY still consolidating below 77.00
EURUSD 1.28911 / 1.28917
DAILY WEEKLY MONTHLY
High: 1.29081 | Low: 1.28759 | Chg: -0.004 -0.31%

Resistance Levels: 1.3056 | 1.3025 | 1.2987 | 1.2948
Support Levels: 1.2838 | 1.2807 | 1.2732 | 1.2624
SUMMARY up
TREND up trend
MA10 bearish
MA20 Bearish
STOCHASTIC neutral
MARKET ANALYSIS - Intraday Analysis
The EURUSD continued to rise the whole week from 1.2624 (S4) and formed a high at 1.2987 (R2). The pair seems to be forming a correction downwards, towards 1.2878 and there are also possibilities to retest our first support level at 1.2838 (S1). Look for a long position near the support levels, targeting 1.2987 (R2).
GBPUSD 1.55370 / 1.55380
DAILY WEEKLY MONTHLY
High: 1.55621 | Low: 1.55273 | Chg: -0.0039 -0.25%

Resistance Levels: 1.5677 | 1.5639 | 1.5614 | 1.5579
Support Levels: 1.5500 | 1.5448 | 1.5402 | 1.5339
SUMMARY up
TREND up trend
MA10Bullish
MA20bullish
STOCHASTICneutral
MARKET ANALYSIS - Intraday Analysis
GBPUSD broke above 1.5500 (S1) level and formed a top at 1.5579 (R1). It now seems to be heading towards the same resistance level. A break above that level would suggest a target of 1.5614 (R2) and a further rise will then focus on the next target at 1.5639 (R3). On the downside, if the price rebounds from the current resistance level we can expect retesting at 1.5500 (S1), a technical and psychological level. A further fall will then bring focus to the next support level at 1.5448 (S2).
USDJPY 77.030 / 77.034
DAILY WEEKLY MONTHLY
High: 77.08 | Low: 76.929 | Chg: 0.005 0.01%

Resistance Levels: 78.21 | 77.78 | 77.56 | 77.32
Support Levels: 76.91 | 76.55 | 76.05 | 75.56
SUMMARY : neutral
TREND : sideway
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral
MARKET ANALYSIS - Intraday Analysis
USDJPY after a short consolidation, continue to rise from Friday’s support level of 76.55(S2) and has reached a high at 77.32 (R1) so far. If we switch to an H4 timeframe, we can see that the pair is going through another consolidation and if the pair manages to hold above 76.55 (S2) we can expect a further rise towards our first resistance level at 77.32 (R1) and a sustained rise will then approach 77.56 (R2). On the other hand, if the price does not manage to break above 77.32 ( R1) we can expect the price to move downwards and retest the second support level at 76.55 (S2) and a deeper decline could be then supported at 76.05 (S3).
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/23012012
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Mon 23rd Jan 2012, 11:46
#86
Senior Member
Forex4you Technical Analysis 23 January 2012
EUR/USD: Technical Analysis
There is a general upside bias because of the strong support at 1.2850 and the unfinished elliot wave pattern higher. A break of the high at 1.2950 would lead to a rally and re-touch of the recent highs at 1.2985 -and then perhaps even further upside to the 200 - 4-hourly MA at around 1.3000 – which is also a key psychological level. If the pair falls however, then it could drift down to support at 1.2850 instead, with a possible resumption of the broader down-trend on the cards thereafter.

Analysis by: Joaquin Monfort
Forex4you analyst
Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Belajar Forex | Islamic Forex
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Tue 24th Jan 2012, 08:32
#87
Senior Member
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Tue 24th Jan 2012, 12:26
#88
Senior Member
Forex4you Technical Analysis 24 January 2012
EUR/USD: Technical Analysis
The completion of various targets and double top forming indicate potential weakness and a possible break to the downside on the horizon. If the exchange rate falls below the swing lows at 1.2988 it will probably run down to 1.2960 at least, if not possibly further, but there it will probably stop because of support from the trend-line of the whole corrective move. Upside is currently limited by the weekly pivot and targets having been met for the breakout at around 1.3060.

Analysis by: Joaquin Monfort
Forex4you analyst
Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
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Wed 25th Jan 2012, 06:10
#89
Junior Member
Gold prices are trading in a narrow range, however profit booking is expected around 27569 . Oscillators are suggesting flat to up move ahead.
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Wed 25th Jan 2012, 08:19
#90
Senior Member
Daily Forex Market by FXCC 25Jan2012
The dollar rose 0.8 percent to 77.67 yen at 5 p.m. in New York and touched 77.85, the highest level since Dec. 29. The greenback dropped 0.2 percent to $1.3036 per euro. The common currency rose 1 percent to 101.25 yen. The yen’s fall gained further momentum after breaking through the 70.40 yen per dollar level, which was a key technical level. The pound rose 0.4 percent to $1.5626 and appreciated 0.2 percent to 83.42 pence per euro. USD/CHF rose after Wall Street opened, rising to 0.9310 but failing to hold gains above the crucial round number of 0.9300 and retreated. The US Dollar lost the majority of the gains, falling to 0.9275 ending the day circa 0.9280, a nominal gain of 0.05% on the day.
Read More
2012-01-25 00:30 GMT | Australia Consumer Price Index (YoY) (Q4)
2012-01-25 09:30 GMT | United Kingdom Bank of England Minutes
2012-01-25 09:30 GMT | United Kingdom BBA Mortgage Approvals (Dec)
2012-01-25 09:30 GMT | United Kingdom Gross Domestic Product (YoY) (Q4) Preliminar
2012-01-25 03:17 GMT | EUR/JPY hits one-month high, 101.80 next resistance
2012-01-25 00:40 GMT | Australia: CPI rose 3.1% through the year to the December quarter, weaker than expected
2012-01-25 00:31 GMT | Australia Consumer Price Index (QoQ) 0% in 4Q
2012-01-25 00:06 GMT | Japan: Logs trade deficit for 2011, first in a generation
EURUSD 1.30250 / 1.30256
DAILY WEEKLY MONTHLY
High: 1.30469 | Low: 1.30155 | Chg: -0.0011 -0.08%

1.3267 | 1.3218 | 1.3132 | 1.3053
1.2953 | 1.2874 | 1.2838 | 1.2807
SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : oversold
MARKET ANALYSIS - Intraday Analysis
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GBPUSD 1.55894 / 1.55906
DAILY WEEKLY MONTHLY
High: 1.56274 | Low: 1.55877 | Chg: -0.0035 -0.23%

1.5715 | 1.5698 | 1.5668 | 1.5627
1.5564 | 1.5515 | 1.5449 | 1.5407
SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : oversold
MARKET ANALYSIS - Intraday Analysis
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USDJPY 77.936 / 77.938
DAILY WEEKLY MONTHLY
High: 77.979 | Low: 77.615 | Chg: 0.272 0.35%

79.92 | 79.60 | 78.87 | 78.28
77.55 | 77.12 | 76.54 | 76.08
SUMMARY : up
TREND : up trend
MA10: Bullish
MA20: bullish
STOCHASTIC : overbought
MARKET ANALYSIS - Intraday Analysis
Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.
Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/25012012
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