Stock, Commodity & FX Tips etc - all these tips must be posted in this thread

[forex4you]

EUR/USD: Technical Analysis

The EUR/USD has broken out of its ascending channel and has formed a bearish head and shoulders pattern. If it falls below the key 1.2950 then it will open the way to a drop to at least 1.2850 where a strong level of support exists which includes the weekly pivot and the target from channel breakdown.





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.

Forex | Islamic Forex

[alayoua]

Daily Forex Market by FXCC 26Jan2012

MARKET OVERVIEW – JANUARY 26 2012
Cable continues it's eighth day of gains
The dollar traded at $1.3112 per euro as of 8:31 a.m. in Tokyo from $1.3106 in New York yesterday, when it dropped to $1.3121, the lowest level since Dec. 21. Japan’s currency dropped to 101.98 yen per euro, the weakest since Dec. 26, before trading little changed at 101.93. The yen was at 77.76 per dollar from 77.78 yesterday, when it reached 78.28, the weakest since Nov. 29. GBP/USD traded in a wide range between circa 1.5525 and 1.5780 during Wednesday's sessions, ending trade in New York at 1.5654 reaching an eighth successive positive day, 0.20% higher on the day.

New Zealand’s dollar traded little changed at 81.69 U.S. cents and 63.48 yen. Australia’s dollar fetched $1.0601 from $1.0597. It traded at 82.39 yen from 82.43 yen. Canada’s currency, nicknamed the loonie, appreciated 0.5 percent to C$1.0043 per U.S. dollar at 5 p.m. Toronto time, the strongest level on a closing basis since Oct. 31. The currency earlier dropped as much as 0.6 percent. One Canadian dollar purchases 99.57 U.S. cents.

UPCOMING EVENTS
2012-01-26 07:00 GMT | Germany Gfk Consumer Confidence Survey (Feb)
2012-01-26 08:30 GMT | Italy Consumer Confidence (Jan)
2012-01-26 10:00 GMT | Italy Wage Inflation (YoY) (Dec)
2012-01-26 11:00 GMT | United Kingdom CBI Distributive Trades Survey - Realized (MoM) (Jan)

FOREX NEWS
2012-01-26 05:21 GMT | EUR/USD frozen above 1.3100 in Asia
2012-01-26 02:04 GMT | EUR/JPY poised to test 102.50
2012-01-26 02:04 GMT | USD/CHF consolidating above 0.9200
2012-01-26 02:03 GMT | GBP/USD steady around 1.5650 in early Asia


EURUSD 1.31184 / 1.31190
High: 1.31335 | Low: 1.30901 | Chg: 0.0013 0.1%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Overbought



Resistance Levels: 1.3319 | 1.3287 | 1.3268 | 1.3204
Support Levels: 1.3050 | 1.2952 | 1.2877 | 1.2813

Intraday Analysis: After the pair formed a bottom at 1.2930 –Fibonacci 23.6%, the EURUSD was able to break above yesterday’s resistance at 1.3050 (S1) and we now expect the price to find a strong resistance around 1.3150 – September low. A break above the 1.3150 level would suggest a target of 1.3204 (R1). On the other hand if the price fails to break above 1.3150, we can expect the pair to retest 1.3050 (S1). If we consider that the price is forming a top at the current level or the top is around 1.3150 then we should expect a correction downwards and then the continuation of the uptrend.


 
GBPUSD 1.56637 / 1.56646
High: 1.56755 | Low: 1.56481 | Chg: 0.0007 0.05%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral



Resistance Levels: 1.5881 | 1.5775 | 1.5715 | 1.5680
Support Levels: 1.5627 | 1.5552 | 1.5515 | 1.5449

Intraday Analysis: GBPUSD is forming higher bottoms and is now moving towards 1.5680 (R1) to retest that level again, as it is considered a technical and psychological resistance level for the bears. A break above that level will concentrate our focus at 1.5715 (R2). On the downside, if the price declines below 1.5627 (S1) we can expect the price to retest 1.5552 (S2) and then to bounce upwards for a continuation of the uptrend (intraday).

 
USDJPY 77.532 / 77.537
High: 77.807 | Low: 77.522 | Chg: -0.246 -0.32%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 79.86 | 79.21 | 78.75 | 78.28
Support Levels: 77.34 | 76.54 | 75.98 | 75.58

Intraday Analysis: USDJPY made a sharp move upwards and formed a top at 78.28 (R1) and then fell and was supported at 77.53. It now seems that it is going to retest our first support level at 77.34 (S1). If it breaks below that level, we can expect the price to retest our second support at 76.54 (S2). As we mentioned in yesterday’s analysis, a break above 77.28 (R1) brings the possibility of a trend reversal into play. As long as the pair remains below that level, the price remains trapped in a trading range on the daily timeframe and a downtrend on the weekly.

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/26012012

[alayoua]

Daily Forex Market by FXCC 27Jan2012

MARKET OVERVIEW – JANUARY 27 2012
The dollar heads for a weekly decline

The dollar bought $1.3100 per euro as of 8:57 a.m. Tokyo time from $1.3109 Thursday. It yesterday dropped as low as $1.3184 per euro, the weakest level printed since Dec. 21. The greenback was little changed at 77.48 yen. The 17-nation euro fetched 101.50 yen from 101.53, following a 0.4 percent slide yesterday. The U.S. currency has weakened 1.3 percent versus the euro this week. It has appreciated 0.6 percent versus the yen since Jan. 20. The Euro retreated versus sterling after hitting at 0.8398, which was the strongest level seen in 4 weeks. The EUR/GBP dropped from the highs to 0.8347, a new daily low, during the American session. The US Dollar gained momentum across the board versus its major peers as Wall Street turned lower later in the NY session due to bank equities sliding. GBP/USD previously above 1.5700, lost strength retreating to 1.5685. USD/CHF bottomed on Wall Street opening at 0.9155, this was the lowest price witnessed since December 2, the pair moved off session lows later in the session. The recovery of the US Dollar found resistance at 0.9185/90
Read More

UPCOMING EVENTS
2012-01-27 08:00 GMT | Spain Retail Sales (YoY) (Dec)
2012-01-27 09:00 GMT | European Monetary Union M3 Money Supply (3m) (Dec)
2012-01-27 09:00 GMT | European Monetary Union M3 Money Supply (YoY) (Dec)
2012-01-27 10:30 GMT | Switzerland KOF Leading Indicator (Jan)

FOREX NEWS
2012-01-27 05:20 GMT | EUR/JPY drops below 101.00 on general JPY buying interest
2012-01-27 04:01 GMT | EUR/JPY sneaks lower; 102.00 blocks rally scope
2012-01-27 00:27 GMT | Japan Retail Trade s.a (MoM) -0.4% in Dec
2012-01-27 00:04 GMT | BoJ to continue expansion of asset buying




EURUSD 1.31011 / 1.31016
High: 1.31193 | Low: 1.30775 | Chg: -0.0007 -0.05%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 1.3311 | 1.3268 | 1.3218 | 1.3185
Support Levels: 1.3050 | 1.2952 | 1.2877 | 1.2813

Intraday Analysis: The EURUSD formed a top at 1.3185 (R1) and as mentioned in yesterday’s analysis we expect the price to make a correction downwards and then to continue its upward move. We expect the price to test 1.3050 (S1) a strong technical support level for the intraday, and then to bounce upwards towards 1.3185 (R1). A break above the 1.3185 level would suggest a target of 1.3218 (R2). Look for long positions around our support levels targeting 1.3218 (R2).


GBPUSD 1.56865 / 1.56875
High: 1.56955 | Low: 1.56612 | Chg: -0.0002 -0.01%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 1.5894 | 1.5861 | 1.5775 | 1.5735
Support Levels: 1.5621 | 1.5552 | 1.5449 | 1.5407

Intraday Analysis: GBPUSD made a high at 1.5735 (R1) as it continued its move upwards (since January 13th). We expect the price to retest 1.5621 (S1) and then to bounce upwards towards our first resistance level of 1.5735 (R1). A break above that level will concentrate our focus on 1.5775 (R2) a technical and psychological level as it has been retested 3 times in the past (November and December of 2011) and is considered a strong resistance level.

 
USDJPY 77.130 / 77.134
High: 77.483 | Low: 76.897 | Chg: -0.315 -0.41%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 79.86 | 78.75 | 78.28 | 77.85
Support Levels: 76.87 | 76.54 | 76.06 | 75.54

Intraday Analysis: USDJPY made a sharp move downwards this morning and confirmed our recommendations for short positions and also for a continuation of the downtrend. We except the price to continue its downward move as it is under bearish pressure at the moment and it seems to be heading towards 76.54 (S2) and 76.06 (S3). A proper confirmation for the short positions will be when the price manages to break below the first support level of 76.87 (S1). A stop loss should be placed above 77.85(R1).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/27012012

[alayoua]

Daily Forex Market by FXCC 30Jan2012

MARKET OVERVIEW – JANUARY 30 2012
Be mindful of SNB moves on the Swiss franc this coming week
The euro traded at $1.3213 as of 8:40 a.m. in Tokyo from $1.3220 on Jan. 27 in New York. It strengthened 2.2 percent against the dollar last week. It reached a low of circa 13190.5 in early trading. The common currency was little changed at 101.130 yen, following a 0.1 percent drop on Jan. 27. The dollar fetched 76.74 yen from 76.70. EUR/CHF is now quoted around its session high of 1.2065, up from an earlier low of 1.2058 and up 0.05% so far on the day. GBP/USD has traded in a tight range of 1.5710-35 in Asia, last at circa 1.5720, down approx. 0.08% so far today.

AUD/USD is virtually unchanged in early Asia-Pacific trade, holding slightly below the multi-month high of 1.0685, the pair is last quoted at 1.0610 after opening below past Friday’s closing price of 1.0637.

UPCOMING EVENTS
2012-01-30 All day | European Monetary Union EU Economic Summit
2012-01-30 | Germany Consumer Price Index (YoY) (Jan) Preliminar
2012-01-30 | Germany Consumer Price Index (MoM) (Jan) Preliminar
2012-01-30 08:00 GMT | Spain - Gross Domestic Product (QoQ) (Q4)

FOREX NEWS
2012-01-27 05:54 GMT | EUR/JPY dips to 101.00
2012-01-27 05:32 GMT | EUR/USD below 1.3200 in Asia
2012-01-27 01:39 GMT | Aussie struggling to hold above 1.0600 in Asia-Pacific
2012-01-27 00:49 GMT | USD/JPY recovering from oversold levels

------
EURUSD 1.31532 / 1.31539
High: 1.32241 | Low: 1.31487 | Chg: -0.0065 -0.49%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Oversold



Resistance Levels: 1.3388 | 1.33311 | 1.3268 | 1.3223
Support Levels: 1.3093 | 1.3050 | 1.2952 | 1.2877

Intraday Analysis: The EURUSD continued to rise from 1.3093 (S1) and reached a high this morning at 1.3223 (R1). Following that we can see now that the price is heading for a correction towards the second support level at 1.3050 (S2). A break below that level will be suggesting target at 1.2952(S3). On the other hand, If the price will have enough momentum we can expect a rise and retest towards 1.3223 (R1) and break above that level will be suggesting target at 1.3268 (R2).

-------
GBPUSD 1.56816 / 1.56828
High: 1.57309 | Low: 1.56781 | Chg: -0.0044 -0.28%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Oversold



Resistance Levels: 1.5894 | 1.5861 | 1.5775 | 1.5741
Support Levels: 1.5621 | 1.5552 | 1.5515 | 1.5449

Intraday Analysis: GBPUSD broke above 1.5621 (S1) level and formed a top at 1.5741 (R1). It now seems to be heading towards the first support level 1.5621 for a retest. A break below that level would suggest a target of 1.5552 (S2) and a further decline will then focus on the next target at 1.5515 (S3). On the upside, if the price rebounds from the first support level we can expect retesting of 1.5741 (R1), a technical and psychological level. A further rise will then bring focus to the next resistance level at 1.5775 (R2). Look for short positions with a stop loss above 1.5741 (R1) as we expect the pair to move downwards.

------ 
USDJPY 76.686 / 76.691
High: 76.775 | Low: 76.652 | Chg: -0.015 -0.02%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 79.86 | 78.75 | 78.28 | 77.28
Support Levels: 76.53 | 76.06 | 75054 | 75.04

Intraday Analysis: USDJPY fell sharply and formed a strong support level close to 76.53 (S1) .A break below that level we suggest further decline towards 76.06 (S2). On the other hand if the price manages to stay above our first support level of 76.53(S1) then the expected target is at 77.28 (R1). Our recommendation for today is long positions with a stop loss below 76.53 (S1)- (-35 pips).

[Commodity007]

MCX Gold Silver Tips Trend and Levels For Today – BullionMCX.Com

MCX Gold slight decline and is trading around 28,000 Rs.

MCX Gold (Feb) - A moderation in global futures lead to a hurried sell off in the indian Gold market. Resistance and support levels for the today’s session for Gold FEB contract which will expire on 4th FEB 2012 are: MCX Gold Trend

Support 1: 27660, Support 2: 27400

Resistance 1: 28530, Resistance 2: 28300

MCX Silver is trading at Rs 56 755 with decline nearly 1% today . Mcx Silver Tips

MCX Silver (Mar) – Bullish undertone in global bullion prices and plenty of buying support and gains in global equities as helping push the white metal up. Silver is Expected resistance and support level for today trade are as follows:

Support 1: 56400, Support 2: 55700

Resistance 1: 59800, Resistance 2: 58510. MCX Tips Free Trial

[forex4you]

EUR/USD: Technical Analysis

Level 1.3140/50 held back the "bulls", like expected, but not for a long time. The price went further up, tested 1.3220/30 level, which turned out to be a strong resistance, and pulled back down to level 1.3140/30, where trading is being currently carried out. Indicators are turning more down, suggesting further decline, most likely to 1.3100 or even lower, to 1.3080/70 level. However, present pullback should be considered a correction within the uptrend. Reversal up will give reasons to anticipate 1.3280-1.3300 levels to be tested anytime soon. On the other hand, if the trades hold below 1.2900 and then breach 1.2830/40 support, "bearish" sentiment will be back in the market for a medium-term.





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.

Forex | Islamic Forex

[Commodity007]

Intraday / Positional Tips For Today 31 January 2012

IDFC (1-2 day-to-Sell): Target - Rs 120, stoploss - Rs 129

HUL (4 days Sell): Target - Rs 367, stoploss - Rs 386

Hero Motokorp (4 days) Buy: Target - Rs 1910, stoploss - Rs 1800

L & T (2-3 day-to-Buy): Target - Rs 1370, stoploss - Rs 1280. Intraday Tips

[alayoua]

Daily Forex Market by FXCC 31Jan2012

MARKET OVERVIEW – JANUARY 31 2012
Futures traders increase net shorts on the euro-dollar
The yen appreciated by 1% to 100.34 per euro by 5 p.m. New York time on Monday evening having earlier touched 99.99, the lowest level witnessed since Jan. 23. The Japanese currency strengthened 0.5 percent to 76.35 per dollar, reaching 76.22. Traders will recall that the yen touched 75.35 yen on Oct. 31st, this set a post World War II record low. After falling below 76.50 and reaching a 3-month low at 76.20, USD/JPY was unable to bounce above the 76.30 level and has been trading trapped in a tight range between 76.25 and 76.30. Price is currently printing at circa 76.30. The euro declined 0.1 percent to 1.20528 Swiss francs after sliding to 1.20405, the weakest level seen since Sept. 19th. The EUR/CHF did then recover after hitting the 4-month low. The Euro rose up after reaching its lowest level in 4 months versus the Franc, climbing back above the 1.2050 level as investors awaited positive news from the EU summit. After gaining ground for ten successive days, GBP/USD finally managed to end it's secular bullish run trading in New York at 1.5707 on Monday where it remains in consolidation, having lost a moderate 0.13% on the day.
Read More

UPCOMING EVENTS
2012-01-31 00:01 GMT | United Kingdom Gfk Consumer Confidence (Jan)
2012-01-31 07:00 GMT | Germany Retail Sales (YoY) (Dec)
2012-01-31 08:55 GMT | Germany Unemployment Rate s.a. (Jan)
2012-01-31 10:00 GMT | European Monetary Union Unemployment Rate (Dec)

FOREX NEWS
2012-01-31 05:02 GMT | Japan Dec Housing Starts (YoY) -7.3%
2012-01-31 00:31 GMT | Australia National Australia Bank's Business Confidence increase to 3 in Dec.
2012-01-31 00:04 GMT | Japan: Industrial production flat, 2.5% increase predicted in January
2012-01-31 00:02 GMT | UK - Jan Gfk Consumer Confidence rises to -29

-------
EURUSD 1.31764 / 1.31769
DAILY WEEKLY MONTHLY
High: 1.31985 | Low: 1.31334 | Chg: 0.0034 0.25%



Resistance Levels : 1.3347 | 1.3313 | 1.3275 | 1.3234
Support Levels : 1.3133 | 1.3075 | 1.3024 | 1.2962

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : overbought


MARKET ANALYSIS - Intraday Analysis

The EURUSD moved upwards and managed to stay above yesterday’s support 1.3075 (S2) and now it is moving towards 1.3234 (R1). A break above that level, we are suggesting a further rise towards 1.3275 (R2) and then 1.3313 (R3). On the other hand, if the price manages to hold below 1.3234 (R1) then we can expect retest of 1.3133 (S1) and then we will focus on 1.3075 (R2).

-------
GBPUSD 1.57359 / 1.57368
DAILY WEEKLY MONTHLY
High: 1.57423 | Low: 1.56979 | Chg: 0.0026 0.17%



Resistance Levels : 1.5879 | 1.5845 | 1.5813 | 1.5742
Support Levels : 1.5658 | 1.5626 | 1.5579 | 1.5535

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : Overbought


MARKET ANALYSIS - Intraday Analysis

GBPUSD found a strong support at 1.5658 (S1) level and this morning the price formed a top at 1.5742.Now it seems to be heading towards level 1.5742 (R1). A break above that level would suggest a target of 1.5813 (R2) and a further rise will then focus on the next target at 1.5845 (R3). On the downside, if the price rebounds from the first resistance level we can expect retesting of 1.5658 (S1), a technical and psychological level. A further decline will then bring focus to the next support level at 1.5626 (S2).

-------
USDJPY 76.322 / 76.327
DAILY WEEKLY MONTHLY
High: 76.413 | Low: 76.175 | Chg: -0.009 -0.01%



Resistance Levels : 78.28 | 77.55 | 76.89 | 76.42
Support Levels : 75.45 | 75.06 | 74.63 | 74.16

SUMMARY : Down
TREND : down trend
MA10 : bearish
MA20 : Bearish
STOCHASTIC : neutral


MARKET ANALYSIS - Intraday Analysis

USDJPY lost momentum yesterday and it is moving downwards towards our support levels. (R1). A break below 76.00 level will give us a proper confirmation for short positions targeting 75.45 (S1) and 75.06 (S2), as we expect the pair to continue its downwards pressure. A stop loss should be placed above 76.89 (S1).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/31012012

[forex4you]

EUR/USD: Technical Analysis

The exchange rate has resumed its rally, however, it seems to be topping now and there is a possibility that it could fall from here, setting up a head and shoulders pattern as it completes the right shoulder. If so, then I would expect to see some downside to the lower channel line and the monthly and weekly pivots supporting 1.3115, then from a possible break of the neckline and down to the 1.29s. A continuation higher is less likely but still possible, and in this situation I see the exchange rate rising to match the 1.3235 highs initially with follow through to the 1.34s possible afterwards.





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.

[alayoua]

Daily Forex Market by FXCC 01Feb2012

MARKET OVERVIEW – FEBRUARY 01 2012
EUR/USD slips to five day lows due to a flight to safety

The euro traded at $1.3090 as of 8:00 a.m. in Tokyo from $1.3084 in New York yesterday where it slid by 0.5 percent. The seventeen nation shared common currency was little changed at 99.88 yen after touching 99.55 yesterday, the lowest price seen since Jan. 23. The dollar bought 76.31 yen from 76.27. USD/JPY dipped to as low as 76.15 on Tuesday, extending its decline to a fresh 3-month low. GBP/USD rallied to a zone at circa 1.5795 on Tuesday, reaching fresh 2-month highs from an earlier low of 1.5697. The pair ended the American session at 1.5754, 0.3% above its opening price. The amount of retail FX traders who are long Euro vs the Swissy has hit record highs according to the team at Daily FX, most expect that the Swiss National Bank will defend their stated Euro/Swiss Franc exchange rate at SFr 1.2000. Over 96% of retail traders are long.

NZD/USD opened Wednesday’s Asia-Pacific session with a bid appearance after peaking and closing at its highest price in four months. The pair climbed to the 0.8300 price zone overnight, up from a low of 0.8176. NZD/USD ended the American session at 0.8259, 0.85% up on the day. The Australian dollar surrendered most of its earlier gains versus the U.S. dollar on Tuesday, retreating sharply from the 1.0680 price zone. AUD/USD ended trade in New York at 1.0618, gaining 0.20% on the day.. The USD/CAD ended Tuesday with modest gains. The pair leapt from 3-month lows at 0.9962 to 1.0051.

UPCOMING EVENTS
2012-02-01 01:00 GMT | China NBS Manufacturing PMI (Jan)
2012-02-01 07:00 GMT | UK - Nationwide Housing Prices n.s.a (YoY) (Jan)
2012-02-01 08:53 GMT | Germany Purchasing Manager Index Manufacturing (Jan)
2012-02-01 09:00 GMT | EU - Purchasing Manager Index Manufacturing (Jan)

FOREX NEWS
2012-02-01 06:25 GMT | USD/JPY investors patiently await cues from BoJ
2012-02-01 01:09 GMT | Aussie underpinned after 50.5 China Manuf PMI
2012-02-01 01:01 GMT | China Jan NBS Manufacturing PMI up to 50.5
2012-02-01 00:03 GMT | Australia Dec HIA New Home Sales (MoM) -4.9%

--------------
EURUSD 1.30373 / 1.30380
High: 1.30906 | Low: 1.30325 | Chg: -0.0044 -0.34%
SUMMARY: Up
INTRADAY TREND: Upward penetration
MA10: Bullish
MA20: Bearish
STOCHASTIC: Overbought



Resistance Levels: 1.3274 | 1.3233 | 1.3161 | 1.3090
Support Levels: 1.3050 | 1.2988 | 1.2931 | 1.2877

Intraday Analysis: EURUSD made a sharp move downwards and formed a bottom at 1.3050 (S1) a strong technical support level. It now seems that it is going to retest 1.3050 (S1). A break below that level will be suggesting target at 1.2988 (S2) as we are in a correction phase of our uptrend. On the other hand if the price manages to break above 1.3090 (R1) we will then expect the price to retest 1.3161 (R2) and then further rise will then approach towards 1.3233 (R3).

---------------
GBPUSD 1.57329 / 1.57334
High: 1.57666 | Low: 1.57277 | Chg: -0.0027 -0.17%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 1.6027 | 1.5945 | 1.5860 | 1.5726
Support Levels: 1.5626 | 1.5656 | 1.5552 | 1.5515

Intraday Analysis: GBPUSD has successfully broke above yesterday resistance 1.5726 and formed a top at 1.5796 (R1) and now it seems that it is heading towards 1.5656 (S2) for a correction. Fail to break below first support level then we will expect the price to retest 1.5796 (R1) and then further rise will limit to 1.5860 (S2). Our recommendations for today’s session is short positions targeting 1.5656 (S2) with a stop loss above 1.5796 (R1).

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USDJPY 76.225 / 76.230
High: 76.308 | Low: 76.145 | Chg: -0.037 -0.05%
SUMMARY: Neutral
INTRADAY TREND: Side way
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral



Resistance Levels: 78.28 | 77.84 | 77.28 | 76.63
Support Levels: 75.54 | 75.04 | 74.58 | 74.13

Intraday Analysis: USDJPY it is moving in trading range between the levels of 76.41 and 76.14. A break above upper level we be suggesting target at 77.28 (R2). On the other hand if the price breaks below lower level 76.14 then it will confirm our short position targeting 75.54 (S1) a technical and psychological level as it is a record low since 20 Oct. 2011.

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/01022012

[forex4you]

EUR/USD: Technical Analysis

The price failed to rise above 1.3210\20 level, so it retraced back down and breached a short-term uptrend (green) line. Having plunged to 1.3020/30 level, the price is now attempting to recommence growth. Trading is carried out at 1.3090/1.3100 levels. It's worth noting, however, that indicators suggest a reversal down and the fact that the above mentioned trend line has been recently breached proves that the "bullish" potential is weakening. If trading fails to ascend and hold above 1.3150/40, it will be another sign in favor of a possible reversal. The final signal will be received if the price drops and holds below 1.2900 line. On the other hand, if it holds above 1.3230/20 level, trading will recommence its growth and the price will test 1.3280-1.3300 levels in the near future.





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.

[alayoua]

Daily Forex Market by FXCC 02Feb2012

MARKET OVERVIEW – FEBRUARY 02 2012
Cable puts on over 600 pips inside two weeks
The dollar was at $1.3169 per euro as of 8:13 a.m. in Tokyo from $1.3161 in New York yesterday. It slid to $1.3234 on Jan. 27, the lowest since Dec. 13. The yen dipped 0.1 percent to 100.35 per euro after losing 0.5 percent yesterday. The Japanese currency was little changed at 76.19 per dollar and within only one yen of a record high set on Oct. 31 suggesting further BOJ intervention (by selling the yen) is only a matter of time. The GB pound traded above the 1.5800 mark, levels not seen since past November 2011. After bottoming at 1.5236 past Jan 13th, the pair has seen a steady winning strike adding over 600 pips during the past 2 weeks. The Swiss Franc bounced from the low of 0.9115 on Wednesday, the lowest level seen since December 2nd and the December 27 low. The pair began to rise at this level to gain 50 pips reaching prices above 0.9150, however, in early Asian trading the pair is now back printing quotes at 0.91340.

UPCOMING EVENTS
2012-02-02 00:30 GMT | Australia Trade Balance (Dec)
2012-02-02 07:00 GMT | Switzerland Trade Balance (Dec)
2012-02-02 10:00 GMT | EU - Producer Price Index (YoY) (Dec)
2012-02-02 10:00 GMT | EU - Producer Price Index (MoM) (Dec)

FOREX NEWS
2012-02-02 05:35 GMT | EUR/USD capped by 1.3200 in Asia
2012-02-02 05:14 GMT | EUR/JPY; bullish key reversal pattern confirmed
2012-02-02 00:33 GMT | Australia Dec Trade Balance 1.71B
2012-02-02 00:32 GMT | Australia Building Permits (MoM) -1% in Dec

EURUSD 1.31752 / 1.31758
DAILY WEEKLY MONTHLY
High: 1.31965 | Low: 1.31583 | Chg: 0.0015 0.11%



Resistance Levels :1.3372 | 1.3332 | 1.3267 | 1.3234
Support Levels : 1.3133 | 1.3075 | 1.3024 | 1.2962

SUMMARY up
TREND up trend
MA10 neutral
MA20 neutral
STOCHASTIC neutral

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MARKET ANALYSIS - Intraday Analysis
EURUSD made a high at 1.3218 just a few pips away from the year high and our first resistance 1.3234 (R1) as it continued its move upwards (since January 13th). Going above the nearest resistance level at 1.3234 (R1) would confirm continuation of the bullish trend, towards the next objective upwards 1.3267 (R1). And if the price holds its momentum on the upside we can expect a further rise towards 1.3332 (R3). On the other hand, if the price does not manage to break above 1.3234 (R1) then we can expect the pair to retest support at 1.3133 (S1) and a further fall will be limited to 1.3075 (S2).

GBPUSD 1.58478 / 1.58493
DAILY WEEKLY MONTHLY
High: 1.58573 | Low: 1.58256 | Chg: 0.0015 0.09%



Resistance Levels : 1.5984 | 1.5967 | 1.5924 | 1.5882
Support Levels : 1.5798 | 1.5704 | 1.5653 | 1.5551

SUMMARY up


TREND up trend
MA10 neutral
MA20 neutral
STOCHASTIC Overbought

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MARKET ANALYSIS - Intraday Analysis
GBPUSD raised sharply yesterday and continued in rise from 1.5704 (S2) forming a top at 15882 (R1). If GBPUSD break above that level, we can expect target at 1.5924 (R2). Further rise will then focus on 1.5967 (R3). On the downside, decline below current support level 1.5798 (S1) will confirm our short positions towards 1.5704 (S2). Deeper fall will be probably be limited at 1.5653 (S3) support.

USDJPY 76.123 / 76.127
DAILY WEEKLY MONTHLY
High: 76.212 | Low: 76.107 | Chg: -0.087 -0.11%



Resistance Levels : 78.67 | 78.13 | 76.79 | 76.42
Support Levels : 76.01 | 75.53 | 75.03 | 74.51

SUMMARY Down
TREND sideway
MA10 bearish
MA20 Bearish
STOCHASTIC overbought

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MARKET ANALYSIS - Intraday Analysis
The USDJPY still trapped in range area of 76.42 – 76.01. A break in either direction will determine the trading bias in today’s session. Break below 76.01 will confirm our short positions targeting 75.53 (S2) and further fall will be limited at 75.03 (S3). On the other hand, a break above the first resistance level 76.42 (R1) will expect t the price to retest 76.79 (R2). In a longer time frame the pair is in a downtrend and both of our Moving Averages are bearish therefore wait for a break below 76.01 (S1) and then open a short position targeting second support level. A stop loss should be placed above 76.79 (R2).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/02022012

[forex4you]

EUR/USD: Technical Analysis

The price managed to ascend above 1.3150/40 level, but 1.3210/15 line hindered further growth, so the price is now likely to retrace back under 1.3150/40 support. Indicators are turning down, giving more reasons to anticipate a reversal down. If the pair continues to decline and the price tests earlier breached uptrend (green) line as a resistance and pulls back, we'll be expecting a highly possible reversal. 1.3080/70 support breakout will be the first sign for the growing "bearish" potential, decline below 1.2900 level will be another strong sign. If 1.3230/20 resistance is breached, levels 1.3280-1.3300 will be tested anytime soon after.





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.

[forex4you]

EUR/USD: Technical Analysis

Earlier breached uptrend (green) line held back the price from going back to the channel's sector. Trading declined below 1.3150/40 support, but the price is currently attempting to ascend again. Trading is carried out at 1.3160/50. Indicators seem to be more "bearish", although they are moving horizontally, suggesting further sideways movement within 1.3210/20 – 1.3080/90 range. 1.3080/70 support breakout will indicate strong "bearish" potential. If trades hold below 1.2900, we'll be expecting a reversal down. 1.3230/20 resistance breakout will be a signal to expect 1.3280-1.3300 levels to be tested anytime soon.





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.

[ashutoshrajput]

Gold April 2012
Past week it was mentioned that 27220 is a able support, and added weakness beneath that level. But it fabricated a low of 27177 and a aciculate backlash resulted in it authoritative a top of 28085 and assuredly bankrupt abreast to account high. Overall concise trend is bullish and accede abutment at 27730-27510 and attrition at 28310 in advancing days. Buy on abatement strategy.
Today:
As continued as hold 28000-28310 balderdash favour. Attrition 28610 and more