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Fri 17th Feb 2012, 08:32
#121
Senior Member
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Mon 20th Feb 2012, 09:09
#122
Senior Member
Daily Forex Market by FXCC 20Feb2012
USD/JPY has rallied above the October 31st post-intervention high as Japan posts record trade deficit
USD/JPY has rallied above the October 31st post-intervention high of 79.52 in early Asia, extending to a 6-month high of 79.82 after closing the Friday NY session at 79.48, last quoted at 79.70. The seventeen nation shared common currency has jumped to as high as 1.3176 at the weekly opening from 1.3155 late Friday in NY, market sentiment is ‘risk-on’ lifting EUR/USD to a fresh 4-day high of 1.3200 ahead of resistance at 1.3213. GBP/USD broke above resistance (circa 1.5860) to reach a fresh 7-day high of 1.5876 in the early Asia session on Monday, up circa 40 pips above the end of trading late Friday in New York
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UPCOMING EVENTS
2012-02-20 00:01 GMT | United Kingdom Rightmove House Price Index (YoY) (Feb)
2012-02-20 05:00 GMT | Japan Leading Economic Index (Dec)
2012-02-20 07:00 GMT | Greece Current Account (YoY) (Dec)
2012-02-20 09:00 GMT | Italy Industiral Sales n.s.a. (YoY) (Dec)
FOREX NEWS
2012-02-20 05:21 GMT | Japan Dec Coincident Index up to 93.6
2012-02-20 05:20 GMT | Japan Dec Leading Economic Index up to 94
2012-02-20 00:23 GMT | USD/JPY capped below 79.90
2012-02-20 00:04 GMT | UK - Rightmove House Price Index (MoM) 4.1% in Feb
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EURUSD : 1.32089 / 1.32098
DAILY WEEKLY MONTHLY
1.3375 | 1.3322 | 1.3284 | 1.3237
1.3139 | 1.3080 | 1.3020 | 1.2973
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
After the pair formed a bottom at 1.2973 (S4) – Fibonacci 50% (daily chart), the EURUSD was able to break above yesterday’s resistance at 1.3139 (S1) and we now expect the price to find a strong resistance around 1.3300 – February high. A break above the first resistance level of 1.3237 (R1) would suggest a target of 1.3284 (R2). On the other hand if the price fails to break above 1.3237 (R1), we can expect the pair to retest 1.3139 (S1). We should expect a correction downwards towards 1.3139 (S1) and then a continuation of the uptrend.
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GBPUSD : 1.58653 / 1.58671
DAILY WEEKLY MONTHLY
1.5993 | 1.5968 | 1.5928 | 1.5885
1.5815 | 1.5786 | 1.5735 | 1.5654
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
The GBPUSD continued to rise from 1.5654 (S4) and reached a high yesterday at 1.5885 (R1). It seems the pair is heading for a correction and it will retest the first support level of 1.5815 (S1). A break below that level would suggest a target of 1.5786 (S2) and a further decline will then focus on the next target at 1.5735 (S3). On the upside, if the price rebounds from the first support level 1.5815 (S1) we can expect retesting of 1.5885 (R1). A further rise will then bring focus to the next resistance level at 1.5928 (R2) a strong technical resistance level – year high.
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USDJPY : 79.527 / 79.541
DAILY WEEKLY MONTHLY
80.93 | 80.67 | 80.23 | 79.87
78.97 | 78.19 | 77.36 | 76.53
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
The USDJPY continued to rise from 76.02 (S4) and reached a high on Friday at 79.87 (R1) a strong resistance level as it has been retested 3 times in the past (March, April, June 2011). If the bulls do not overcome that level then we expect the price to move downwards for a correction and then to continue its upwards move. A break below first support level would suggest a target of 78.19 (S2) and a further decline will then focus on the next target at 76.53 (S3). On the upside, if the price rebounds from the second support level 78.19 (S2) we can expect retesting of 79.87 (R1).Sustained rise will be then indicating second objective at 80.23 (R2) resistance level.
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Tue 21st Feb 2012, 09:24
#123
Senior Member
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Wed 22nd Feb 2012, 09:54
#124
Senior Member
Daily Forex Market by FXCC 22Feb2012
The yen fell for a fourth day versus the dollar, the longest losing streak in more than two months.
The yen fell 0.1 percent to 79.74 at 5 p.m. in New York, after touching 79.89 yesterday, the weakest level seen since Aug. 4. The euro declined less than 0.1 percent to $1.3234 after reaching $1.3293, the highest level since Feb. 9. Europe’s currency rose 0.1 percent 105.54 yen after earlier rising to 106.01 yen, the most since Nov. 14. Sterling was one of the weaker performers versus the US dollar on Tuesday, recording a daily decline of circa 0.40%. GBP/USD is still under pressure, printing at 1.5790 from 1.5844.
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URL: https://support.fxcc.com/email/technical/21022012
UPCOMING EVENTS
2012-02-22 08:30 | GMT GermanyPurchasing Manager Index Manufacturing (Feb)
2012-02-22 09:00 | GMT EU - Purchasing Manager Index Manufacturing (Feb)
2012-02-22 09:30 | GMT United Kingdom Bank of England Minutes
2012-02-22 10:00 | GMT EU - Industrial New Orders (YoY) (Dec)
FOREX NEWS
2012-02-22 04:59 | GMT USD/JPY above 80.00
2012-02-22 02:31 | GMT China HSBC Manufacturing PMI 49.7 in Feb
2012-02-22 02:02 | GMT New Zealand Credit Card Spending s.a. (YoY) 3.1% in Jan
2012-02-22 00:32 | GMT Australia Wage Price Index (QoQ) 1% in 4Q
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EURUSD : 1.32579 / 1.32589
DAILY WEEKLY MONTHLY
1.3424 | 1.3375 | 1.3322 | 1.3291
1.3182 | 1.3139 | 1.3080 | 1.3020
SUMMARY : Neutral
TREND : Sideway
MA10 : Neutral
MA20 : Neutral
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
EURUSD fell yesterday and formed a low just 12 pips away from our support level 1.3182 confirming our scenario for retesting that level and then continuing an upward move. The euro has been trapped in a sideways direction between 1.3291 (R1) and 1.3182 (S1). If we switch to a higher timeframe (4 hours or daily) we can observe a double top and this is a signal for a trend reversal. The EURUSD whipsawed traders on February, breaking higher, breaking lower, trading sideways and lastly forming a double top giving signs for trend reversal. Our recommendation for today’s trading session is no position until we get a clearer trend direction.
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GBPUSD : 1.57839 / 1.57857
DAILY WEEKLY MONTHLY
1.5928 | 1.5879 | 1.5839 | 1.5807
1.5762 | 1.5735 | 1.5700 | 1.5654
SUMMARY : Down
REND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
GBPUSD made a sharp move downwards from 1.5860 towards 1.5762 level, successfully touching our support level and confirming our recommendations for short positions (+78 pips). Now the price has found a strong support at 1.5762, if it falls below this level we can expect the price to continue its downward move as it is under bearish pressure and it seems to be heading towards our support levels. This bearish pressure can also be confirmed by the moving averages that have turned bearish and the price is using them as a strong resistance. Look out for a correction upwards towards 1.5807 (R1) and then the continuation of the downward move.
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USDJPY : 80.031 / 80.045
DAILY WEEKLY MONTHLY
81.86 | 81.47 | 80.93 | 80.67
79.35 | 78.97 | 78.69 | 78.19
SUMMARY: Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Overbought
MARKET ANALYSIS - Intraday Analysis
The USDJPY broke above our resistance level 79.87 – yearly high, and has confirmed the upward direction seen since the beginning of February. So the most likely scenario is that the pair will continue its upward move targeting 80.67 (R1) and then a further rise will be limited to 81.47 (R2). Look for long positions in today’s trading session as the pair is in a strong upwards momentum with a stop loss below 79.35 (S1).
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Thu 23rd Feb 2012, 09:15
#125
Senior Member
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Thu 23rd Feb 2012, 10:00
#126
Member
This thread is very useful to get information about Market analysis of Intraday Analysis. Actually I was not aware of all these things even I was not known how to keep a tab on market values.
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Fri 24th Feb 2012, 07:49
#127
Senior Member
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Mon 27th Feb 2012, 07:56
#128
Senior Member
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Wed 29th Feb 2012, 08:06
#129
Senior Member
Daily Forex Market by FXCC 29Feb2012
Euro could rise on LTRO expectation
The euro rose 0.5 percent to $1.3458 at 5 p.m. in New York. It added 0.3 percent to 108.29 yen. The dollar weakened 0.2 percent to 80.46 yen. The pound rose 0.5 percent to $1.5901 after reaching $1.5908, the strongest level since Feb. 8. The U.K. currency was little changed at 84.64 pence per euro. USD/CHF consolidated around the 0.8950 zone, cutting back from an earlier high of 0.9000 on Tuesday reaching a session low of 0.8947, recording a 0.45% loss on the day as nearing the end of trading in the New York session.
Canada’s dollar, the loonie, appreciated 0.4 percent to 99.53 cents per U.S. dollar at 5 p.m. in Toronto. The currency, which reached 99.42 cents, the most since Feb. 21, has appreciated 2.6 percent this year. One Canadian dollar buys $1.0047. The Aussie dollar climbed to a new weekly high of 1.0785 on Tuesday, stopping below that level stalling at 1.0764 in New York, circa 10 pips above the previous day’s close, ahead of the much-anticipated liquidity injection (LTRO) in Europe scheduled for announcement on Wednesday.
UPCOMING EVENTS
2012-02-29 08:55 GMT | Germany Unemployment Change (Feb)
2012-02-29 09:30 GMT | United Kingdom Consumer Credit (Jan)
2012-02-29 10:00 GMT | EU - Consumer Price Index (YoY) (Jan)
2012-02-29 10:15 GMT | EU - ECB LTRO auction
FOREX NEWS
2012-02-29 05:02 GMT | Japan Housing Starts (YoY) -1.1% in Jan
2012-02-29 00:37 GMT | Australia: Jan Retail Sales +0.3%, as expected
2012-02-29 00:18 GMT | Australia: New Homes Sales disappoint at -7.3%
2012-02-29 00:02 GMT | UK - Gfk Consumer Confidence steadies at -29 in Feb
EURUSD : 1.34731 / 1.34742
DAILY WEEKLY MONTHLY
1.3613 | 1.3586 | 1.3542 | 1.3486
1.3366 | 1.3293 | 1.3211 | 1.3139
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
EURUSD after price formed top at 1.3486 (R1), price continued in sideways move between 1.3366 support and resistance at 1.3486. Right now it seems EURUSD is gaining momentum and we can expect probably price will be breaking above first resistance at 1.3486 (R1). Further rise above this level will then focus on 1.3542 (R2) resistance and if EURUSD holds its momentum, rise might be limited at 1.3586 (R3). On the other hand if the price manages to stay below 1.3486 we expect the pair to retest first support and then continue its sideways move.
GBPUSD : 1.59321 / 1.59340
DAILY WEEKLY MONTHLY
1.6029 | 1.5998 | 1.5969 | 1.5937
1.5899 | 1.5809 | 1.5762 | 1.5700
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC: Neutral
MARKET ANALYSIS - Intraday Analysis
GBPUSD made a sharp move upwards and confirmed our recommendations for long positions hitting successfully the second resistance level ending the day with 40 pips profit. We except the price to continue its upward move as it is under bullish pressure at the moment (both of our MA are bullish) and it seems to be breaking above 1.5937 (R1) a strong technical and psychological level as this level has been retested again in the past (beginning of February) without succeeding to break above it. A proper confirmation for the long positions will be when the price manages to break above the first resistance level of 1.5937 (R1). A stop loss should be placed above 1.5809 (S2).
USDJPY : 80.430 / 80.438
DAILY WEEKLY MONTHLY
82.50 | 81.97 | 81.66 | 80.78
80.00 | 79.35 | 78.97 | 78.19
SUMMARY : Neutral
TREND : Sideway
MA10 : Neutral
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
The USDJPY fell from 81.66 (R2) and formed a lower top at 80.78 (R1) after which the price rebounded from 80.00 (S1). A break above the first resistance level of 80.78 (R1) would suggest a target and retest of 81.66 (R2). If the price holds its momentum on the upside we can expect a further rise towards 81.97 (R3). On the other hand, if the price does not manage to break above 80.78 (S1) we can expect the pair to retest support at 80.00 (S1) and a further fall will be limited to 79.35 (S2).
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Thu 1st Mar 2012, 10:35
#130
Senior Member
Daily Forex Market by FXCC 01Mar2012
Daily Forex Market by FXCC 01Mar2012
Cable reached a morning session highs after the ECB’s LTRO
The Euro fell to a 1-week low versus the UK Pound following the ECB LTRO operation, which injected €530 billion into the European banking system. EUR/GBP is quoting in the 0.8440 zone, where it's currently showing a 0.2% loss on the day. The euro has dropped 1 percent versus the New Zealand dollar, and has declined 0.7 percent versus Australia’s currency.
The Australian dollar rose 0.6 percent to $1.0834 after climbing to $1.0856, the strongest level witnessed since Aug. 2, 2011. USD/CAD has been edging lower, some 85 pips below parity, at 0.9916
UPCOMING EVENTS
2012-03-01 07:00 GMT | UK - Nationwide Housing Prices n.s.a (YoY) (Feb)
2012-03-01 09:00 GMT | EU - Purchasing Manager Index Manufacturing (Feb)
2012-03-01 09:30 GMT | UK - Purchasing Manager Index Manufacturing (Feb)
2012-03-01 10:00 GMT| EU - Unemployment Rate (Jan)
FOREX NEWS
2012-03-01 05:35 GMT | Australia Feb RBA Commodity Index SDR (YoY) 3.5%
2012-03-01 02:30 GMT | China Feb HSBC Manufacturing PMI improves to 49.6
2012-03-01 00:32 GMT | Australia Jan Building Permits (YoY) -14.6%
2012-03-01 00:31 GMT | Australia Private Capital Expenditure -0.3% in 4Q
EURUSD : 1.33310 / 1.33319
DAILY WEEKLY MONTHLY
1.3613 | 1.3542 | 1.3486 | 1.3424
1.3312 | 1.3211 | 1.3139 | 1.3087
SUMMARY : Down
TREND : Downward penetration
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
EURUSD after retesting 1.3486 (R2) twice, it did not manage to break above it, as a result to fell yesterday and to made a bottom at 1.3312 (S1).It seems that we are in a correction phase of our uptrend. If it breaks below that level (go short) we can expect the price to retest 1.3211 (S2), a significant strong support level. On the other hand, if the price does not manage to break below 1.3312 (S1) we can expect the pair to retest 1.3424 9 (R1) and further rise will be limited to 1.3486 (R2) a technical and psychological level for the bulls. A proper confirmation for the long positions will be when the price manages to break above 1.3366. A stop loss should be placed below 1.3312 (S1).
GBPUSD : 1.59136 / 1.59148
DAILY WEEKLY MONTHLY
1.6097 | 1.6068 | 1.6029 | 1.5991
1.5871 | 1.5811 | 1.5755 | 1.5649
SUMMARY : Up
TREND : Up trend
MA10 : Neutral
MA20 : Neutral
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
GBPUSD rise and penetrated successfully second resistance and it came close to third(only 7 pips away), confirming our long position towards our target at 1.5969 gaining a small profit (+32 pips)! After forming top above our resistance level at 1.5991 (R1) price begin to fall and was able to come close to our support level at 1.5871 (S1) a significant both psychological and technical level. We expect the price to move further down towards 1.5871 (S1) for a correction. A break below that level it will then retest 1.5811 (S2) and further decline will then be limited to 1.5755 (S3). Look for short positions in today’s trading session with a stop loss above 1.5991 (R1).
USDJPY : 81.059 / 81.067
DAILY WEEKLY MONTHLY
82.93 | 82.50 | 81.97 | 81.66
80.78 | 80.00 | 79.35 | 78.97
SUMMARY : Neutral
TREND : Sideway
MA10 : Bullish
MA20 : Neutral
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
After a successful run since the beginning of February, USDJPY formed a top at 81.66 (R1) and fell creating a strong support level at 80.00 (intraday). Yesterday the price was able to break above 80.78 (S1), retested it, and now is moving above that level. Our recommendation for today’s trading session is we open long positions only when the price breaks above 81.66 (R1). As far as the price is below that level we remain flat until we get a clearer direction of the price.
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Thu 1st Mar 2012, 12:54
#131
Member
that great information,hope you will post such kind of information further also
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Fri 2nd Mar 2012, 09:55
#132
Senior Member
Daily Forex Market by FXCC 02Mar2012
EU: PLANS TO SLOW DEFICIT-CUTTING PLANS MAY STRETCH TILL JUNE
EUR/USD is currently trading at 1.3297 near recent session lows at 1.3294. With session highs at 1.3331, only 25 minutes after Tokyo opened at 00:00 GMT, the pair has been on the offer since then, losing some -0.27% on the way. On a weekly basis, the EUR/USD is lower by -1.25% since its opening on Monday.GBP/USD is under slight pressure ahead of the European open, having traded a narrow 1.5939-1.5964 margin during the Asia-Pacific session, last at 1.5942 from 1.5953 late Thursday in New York.
After 11th week with local share markets inching higher, NZD/USD is trading at 0.8383, same quotes reached early February, coming from mid Dec last year bouncing from 0.7466 price zone. EUR/AUD after Thursday’s decline to fresh weekly lows in the 1.2300 price zone, has been operating in consolidation mode between 1.2308 and 1.2343 so far in Friday’s Asia-Pacific session.
UPCOMING EVENTS
2012-03-02 00:00 GMT | European Monetary Union EU Economic Summit
2012-03-02 07:00 GMT | Germany Retail Sales (MoM) (Jan)
2012-03-02 09:30 GMT | United Kingdom PMI Construction (Feb)
2012-03-02 10:00 GMT | European Monetary Union Producer Price Index (YoY)
FOREX NEWS
2012-03-02 05:29 GMT | GBP/USD gently offered ahead of European open
2012-03-02 03:30 GMT | EUR/USD still bracketed; holds above 1.3300
2012-03-02 00:54 GMT | USD/JPY pops to 81.30
2012-03-02 00:01 GMT | New Zealand ANZ Commodity Price 0% in Feb
EURUSD : 1.33016 / 1.33023
DAILY WEEKLY MONTHLY
1.3486 | 1.3424 | 1.3366 | 1.3333
1.3280 | 1.3211 | 1.3139 | 1.3087
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
EURUSD fell below our first support and formed a bottom at 1.3280 (S1). After that the price rise and broke above the same level giving us only a small profit of pips. We expect the EURUSD to continue its move downwards and to complete the correction at the level of 1.3211 (S2). A proper confirmation for the short positions will be when the price manages to break below the first support level of 1.3280 (S1). A stop loss should be placed above 1.3333 (R1).
GBPUSD : 1.59415 / 1.59431
DAILY WEEKLY MONTHLY
1.6097 | 1.6068 | 1.6029 | 1.5991
1.5896 | 1.5811 | 1.5755 | 1.5680
SUMMARY : Up
TREND : Up trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
GBPUSD rise and moved closer to the first resistance level of 1.5991 (R1). A break above that level would suggest a target of 1.6029 (R2) and a further rise will then focus on the next target at 1.6068 (R3). On the downside, if the price does manage to stay below current resistance level 1.5991 (R1) we can expect retesting of 1.5896 (S1). A further decline will then bring focus to the next support level at 1.5811 (S2) a strong technical support level. We expect the price to retest first support level and then to move downwards targeting second support level at 1.5811 (S2). Look for short positions in today trading session with a stop loss below 1.5991 (R1).
USDJPY : 81.471 / 81.477
DAILY WEEKLY MONTHLY
83.40 | 82.79 | 82.22 | 81.66
80.78 | 80.00 | 79.35 | 78.93
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Overbought
MARKET ANALYSIS - Intraday Analysis
USDJPY broke above our first support of 80.78 (S1) and is approaching towards 81.66 (R1) a strong technical level for the bulls. A break above that level we suggest target of 82.22 (R2). Both of our Moving Averages are pointed bullish and we expect the price to continue its upwards move targeting our support levels. A proper confirmation for the long positions will be when the price manages to break above the first resistance level of 81.66 (S1). A stop loss should be placed below 81.15.
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Mon 5th Mar 2012, 07:47
#133
Senior Member
Daily Forex Market by FXCC 05Mar2012
Sterling near 2-weak high vs euro, but drops on dollar
EUR/USD opened marginally lower at 1.3191 at the weekly open, but managed to climb to 1.3213 after bouncing off support ahead of 1.3180 during the Asian session. The pair has since been bracketed between the mentioned range and now holds around 1.3190. AUD/USD has broken below intraday support at 1.0715 from an earlier high of 1.0741 following PMI data out of China, enabling the pair to slide to a fresh 5-day low in the 1.0700 area before stalling, last at 1.0704, recording a 0.23% loss on the day. The GBP/USD opened the week practically unchanged from its closing price at the end of trading last week, having operated between 1.5829 and 1.5843 so far in Asia, last quoted near the session high.
AUD/CAD is holding around last week's lows, last at 1.0613, with session lows at 1.0591 and highs at 1.0641. The cross is lower by -0.61% from previous weekly open, and still above Feb lows, since Jan 25. AUD/JPY is currently at 87.52, dealing with session lows set at 87.44 for the moment, below last Friday's lows. Losing some -0.31% for the session, the cross still holds above Feb 27/March 01 highs.
UPCOMING EVENTS
2012-03-05 09:00 GMT | Germany Purchasing Manager Index Services (Feb)
2012-03-05 09:00 GMT | EU - Purchasing Manager Index Services (Feb)
2012-03-05 09:30 GMT | United Kingdom Purchasing Manager Index Services (Feb)
2012-03-05 10:00 GMT | EU - Retail Sales (YoY) (Jan)
FOREX NEWS
2012-03-05 02:42 GMT | China: HSBC Services PMI signals renewed growth at 53.9
2012-03-05 00:33 GMT | Australia ANZ Job Advertisements 3.3% in Feb
2012-03-05 00:31 GMT | Australia Company Gross Operating Profits -6.5% in 4Q
2012-03-05 00:30 GMT | GBP/USD unchanged in Asia; support at 1.5800
EURUSD : 1.32055 / 1.32066
DAILY WEEKLY MONTHLY
1.3486 | 1.3424 | 1.3366 | 1.3280
1.3150 | 1.3108 | 1.3027 | 1.2969
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
EURUSD formed a low at 1.3182 profiting on all our targets recommended in Friday’s analysis gaining a total of 69 pips!! A break below that level will be suggesting target at 1.3150 (S2) a technical level as we are still in a correction phase of our uptrend (daily). On the other hand if price manage to stay above 1.3182 we will then expect the price to retest 1.3280 (R1) and then further rise will then approach towards 1.3366 (R2). Our recommendation for today trading session is no position. I believe the pair it will continue its downward move and it will find a strong support at 1.3150 (S1). A level that it is very significant as it will determine if we are still in an uptrend (daily) or if we are heading to a trend reversal.
GBPUSD : 1.58247 / 1.58258
DAILY WEEKLY MONTHLY
1.6068 | 1.6029 | 1.5991 | 1.5896
1.5755 | 1.5680 | 1.5633 | 1.5587
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral
MARKET ANALYSIS - Intraday Analysis
The GBPUSD fell from 1.5991 and broke below first and second resistance in our Friday’s recommended target gaining a total of 85 pips!!! After forming a top at 1.5991 (R2), price fell and made a support at 1.5808. A break below that level will suggest target at 1.5755(S1) and further fall will then be limited at 1.5680 (S2). On the other hand if price manage to stay above current level, we expect the price to retest 1.5896 (R1) and a break above that level we suggest target at 1.5991 (R2) a strong resistance level for the bears .
USDJPY : 81.270 / 81.278
DAILY WEEKLY MONTHLY
83.40 | 82.79 | 82.22 | 81.87
81.00 | 80.40 | 80.00 | 79.35
SUMMARY : Up
TREND : Up trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
The USDJPY rise on Friday and closed above Friday’s resistance giving us a small profit of 20 pips. After that the price fell sharply and formed a bottom around 81.15. We expect the price to continue its upward move as it is under bullish pressure (daily), but before that we can expect for a retest and correction downwards towards 81.00 (S1) and then to continue upwards. Look for long positions at 81.00 (S1) with a stop loss at 80.40 (S2) targeting 81.87 (R1) a strong technical level for the bulls.
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Tue 6th Mar 2012, 03:57
#134
Senior Member
Nifty Trend For Today 6 March 12 :- Nifty need to sustain above 5330 to remain bullish on Tuesday. 5250 is important support to watch on downside. Nifty’s Intermediate trend is Down. Nifty target: 5130 ,4830. Resistance for Nifty: 5400, 5450 , 5500. Support for Nifty: 5200, 5080 , 4960. Bank Nifty is in intermediate Down trend.
Stock Intraday Tips Today 6 March 12
Axis Bank Sell Below 1140, Target - 1090, Stoploss - 1165.
Bharat Forge Sell Below 1140, Target - 1090, Stoploss - 1165.
Bharati Airtel Buy Above 355, Target - 370, Stoploss - 347.
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Tue 6th Mar 2012, 11:39
#135
Senior Member
Daily Forex Market by FXCC 06Mar2012
Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas.
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. Quisque sit amet est et sapien ullamcorper pharetra. Vestibulum erat wisi, condimentum sed, commodo vitae, ornare sit amet, wisi. Aenean fermentum, elit eget tincidunt condimentum, eros ipsum rutrum orci, sagittis tempus lacus enim ac dui. Donec non enim in turpis pulvinar facilisis. Ut felis. Praesent dapibus, neque id cursus faucibus,
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.
UPCOMING EVENTS
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
FOREX NEWS
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
2011-08-10 11:14 GMT | Pellentesque habitant morbi tristique senectus
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EURUSD : 1.32013 / 1.32020
DAILY WEEKLY MONTHLY
1.3424 | 1.3362 | 1.3280 | 1.3240
1.3159 | 1.3108 | 1.3027 | 1.2969
SUMMARY : Up
TREND : Upward penetration
MA10 : Bullish
MA20 : Bearish
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.
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GBPUSD : 1.58534 / 1.58549
DAILY WEEKLY MONTHLY
1.6068 | 1.6029 | 1.5991 | 1.5896
1.5782 | 1.5731 | 1.5680 | 1.5633
SUMMARY : Up
TREND : Upward penetration
MA10 : Bullish
MA20 : Bearish
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.
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USDJPY : 81.426 / 81.434
DAILY WEEKLY MONTHLY
83.40 | 82.79 | 82.22 | 81.87
81.14 | 80.78 | 80.24 | 79.85
SUMMARY : Up
TREND : Upward penetration
MA10 : Bullish
MA20 : Bearish
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
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