alayoua Posted February 9, 2012 Author Report Share Posted February 9, 2012 Daily Forex Market by FXCC 09Feb2012 Australia’s dollar reached C$1.0784 on Wednesday, its highest level versus the loonie since May 1997. The euro fell 0.1 percent to $1.3245 as of 8:30 a.m. in Tokyo from the close in New York yesterday. The European currency declined 0.1 percent to 102.03 yen. The dollar was unchanged at 77.04 yen. The pound was little changed at $1.5811 after losing 0.5 percent yesterday. USD/CHF has been consolidating since a sell off around the 0.9100 area on Tuesday, trading a limited range between 0.9104 and 0.9148 overnight and then through Wednesday before ending the trading session in New York virtually unchanged, at 0.9120. Read More UPCOMING EVENTS 2012-02-09 01:30 GMT China Consumer Price Index (YoY) (Jan) 2012-02-09 12:00 GMT United Kingdom BoE Interest Rate Decision (Feb 9) 2012-02-09 12:00 GMT United Kingdom BoE Asset Purchase Facility (Feb) 2012-02-09 12:45 GMT EU - ECB Interest Rate Decision (Feb 9) FOREX NEWS 2012-02-09 05:02 GMT | Japan: Consumer Confidence Index (Jan): 40 2012-02-09 01:04 GMT | China PPI (YoY) improves to 2.7% in Jan from 1.7% 2012-02-09 01:04 GMT | China Jan Consumer Price Index (YoY) rises to 4.2% 2012-02-09 00:34 GMT | AUD/JPY gently offered; off 4-month highs -------------- EURUSD 1.32997 / 1.33004 DAILY WEEKLY MONTHLY High: 1.33124 | Low: 1.32149 | Chg: 0.0039 0.29% Resistance Levels: 1.3431 | 1.3398 | 1.3375 | 1.3340 Support Levels : 1.3205 | 1.3162 | 1.3096 | 1.3026 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis EURUSD managed to stay above 1.3242 after the breakout and now it seems that is moving upwards with a strong bullish momentum. The next upward target is set at 1.3340 (R1) and will then focus on 1.3375 (R2). Look for long positions in today’s trading session as we expect the EURUSD to continue its uptrend move. --------------- GBPUSD 1.58376 / 1.58388 DAILY WEEKLY MONTHLY High: 1.58476 | Low: 1.57926 | Chg: 0.0022 0.14% Resistance Levels: 1.5989 | 1.5964 | 1.5929 | 1.5869 Support Levels : 1.5788 | 1.5729 | 1.5704 | 1.5655 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis GBPUSD found a strong support at 1.5788 (S1) level and now the pair seems to be heading towards level 1.5869 (R1) for a retest. A break above that level would suggest a target of 1.5929 (R2) record high since October 2011 and a further rise will then focus on the next target at 1.5964 (R3) a technical and psychological level. Look for long positions as both of our Moving Averages turned bullish. ---------------- USDJPY 77.196 / 77.198 DAILY WEEKLY MONTHLY High: 77.233 | Low: 77.004 | Chg: 0.166 0.22% Resistance Levels : 78.71 | 78.39 | 77.93 | 77.56 Support Levels : 76.83 | 76.49 | 76.25 | 76.01 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : overbought MARKET ANALYSIS - Intraday Analysis USDJPY gained momentum and formed higher bottoms and now is moving towards 77.56 (R1) a technical and psychological resistance level for the bullish. A break above that level, can expect the price to retest 77.93 (R2). On the downside, decline below 76.83 will confirm our short positions towards 76.25 (S3) and then 76.01 (S4). Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/09022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 10, 2012 Author Report Share Posted February 10, 2012 Daily Forex Market by FXCC 10Feb2012 The 17-nation euro heads for its biggest 5 day advance versus the yen in over 17 weeks. The euro was at $1.3276 as of 9:40 a.m. in Tokyo from $1.3286 in New York yesterday, when it reached $1.3322, the highest level since Dec. 12. It fetched 103.14 yen from 103.19. It climbed to as high as 103.29 yen yesterday, the strongest level since Dec. 12. Japan’s currency was little changed at 77.70 per dollar after earlier sliding to as low as 77.75, the weakest level since Jan. 26. The so-called Aussie lost 0.3 percent to $1.0754 and retreated 0.2 percent to 83.57 yen. The euro is set to rise 0.9 percent against the dollar this week. The shared currency is poised for a 2.4 percent gain versus the yen, the biggest since the week through Oct. 14. The GBP/USD upwards movement from 1.5790 was capped at 1.5882 with the pair falling around 65 pips to arrest at a support level at 1.5815. UPCOMING EVENTS 2012-02-10 07:00 GMT | Germany Consumer Price Index (YoY) (Jan) 2012-02-10 08:15 GMT | Switzerland Consumer Price Index (MoM) (Jan) 2012-02-10 08:15 GMT | Switzerland Consumer Price Index (YoY) (Jan) 2012-02-10 09:30 GMT | UK - Producer Price Index - Input (YoY) n.s.a (Jan) FOREX NEWS 2012-02-10 05:36 GMT | GBP/USD under pressure ahead of Europe 2012-02-10 04:16 GMT | Aussie weaker vs. majors 2012-02-10 03:05 GMT | China Jan Trade Balance increase to 27.3B 2012-02-10 00:19 GMT | EUR/CAD hits resistance ahead of 1.3250 EURUSD 1.32455 / 1.32458 DAILY WEEKLY MONTHLY High: 1.32907 | Low: 1.3245 | Chg: -0.0038 -0.28% Resistance Levels :1.3432 | 1.3395 | 1.3367 | 1.3322 Support Levels : 1.3215 | 1.3167 | 1.3096 | 1.3055 SUMMARY : up TREND : up trend MA10 : bearish MA20 : Bearish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis The EURUSD continued to rise from 1.3215 (S1) and reached a high yesterday at 1.3322 (R1). It seems the pair will re-test a high soon. If the price will have enough momentum we can expect a rise towards 1.3322 (R1) and then a focus on 1.3367 (R2), a strong technical and psychological level. Our recommendation for today’s trading session is no position as we do not have a clear trend direction. - GBPUSD 1.57729 / 1.57734 DAILY WEEKLY MONTHLY High: 1.5819 | Low: 1.57669 | Chg: -0.0041 -0.26% Resistance Levels :1.6023 | 1.5977 | 1.5929 | 1.5885 Support Levels : 1.5723 | 1.5677 | 1.5612 | 1.5578 SUMMARY : neutral TREND : sideway MA10 : bearish MA20 : Bearish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis GBPUSD fell yesterday and was supported close to 1.5723 (S1). It seems it will be retesting that level again. A break below that level will trap the pair in a trading range. We remain flat for today’s trading session until we see a break-out upwards or downwards. No position. - USDJPY 77.661 / 77.666 DAILY WEEKLY MONTHLY High: 77.75 | Low: 77.519 | Chg: 0.019 0.02% Resistance Levels : 79.26 | 78.89 | 78.28 | 77.76 Support Levels : 77.19 | 76.83 | 76.22 | 75.78 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis USDJPY rose yesterday and formed a top at 77.76 (R1). A break above that level will then focus attention on 78.28 (R2) a technical level for a trend reversal. If we switch our timeframe to H4 we can see the price is approaching the record high for the year of 77.28 and a break above that level, brings the possibility for a break out and trend reversal for an uptrend. We remain at no positions at the moment until we see a break out upwards or if the above scenario fails then obviously we are still trapped in a trading range. No position. Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/10022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 13, 2012 Author Report Share Posted February 13, 2012 Daily Forex Market by FXCC 13Feb2012 EUR/USD spikes as Greek Parliament began counting 'austerity deal' votes The euro rose 0.3 percent to $1.3239 as of 8:00 a.m. in Tokyo from last week's close in New York. The shared common currency gained 0.4 percent to 102.81 yen. The dollar fetched 77.66 yen from 77.61. USD/JPY opened the Asian session with a downside gap open of 77.54 on Monday, but then climbed to an early high of 77.66, recovering the early gap and Friday’s modest losses. EURUSD spiked over 40/45 pips as retail platforms opened, short covering squeeze then intensified. EUR/USD had opened the Asian session just above 1.3200, up from 1.3171 late Friday, the paring is edging higher into the 1.3230 area, resistance at 1.3258 (Nov low), support at 1.3197 (Dec high). Read More 2012-02-13 00:30 GMT | Australia Home Loans (Dec) 2012-02-13 07:00 GMT | Germany Wholesale Price Index (MoM) (Jan) 2012-02-13 07:00 GMT | Germany Wholesale Price Index (YoY) (Jan) 2012-02-13 08:15 GMT | Switzerland Producer and Import Prices (MoM) (Jan) 2012-02-13 05:59 GMT | USD/JPY rangebound around 77.60 ahead of Europe 2012-02-13 03:54 GMT | GBP/USD still bid amid CBI outlook 2012-02-13 01:07 GMT | EUR/USD retreats after run to 1.3260 2012-02-13 00:30 GMT | Australia Home Loans 2.3% in Dec -------------- EURUSD : 1.32728 / 1.32731 DAILY WEEKLY MONTHLY High: 1.3276 | Low: 1.31987 | Chg: 0.0077 0.58% 1.3394 | 1.3367 | 1.3322 | 1.3285 1.3206 | 1.3153 | 1.3096 | 1.3026 SUMMARY : up TREND up : trend MA10 : Bullish MA20 : bullish STOCHASTIC : overbought MARKET ANALYSIS - Intraday Analysis The EURUSD fell and formed a bottom at 1.3153 (S2) after which the price rebounded and was able to break above Friday’s support at 1.3206 and it seems it will soon re-test a high at 1.3322. A break above the first resistance level of 1.3285 (R1) would suggest a target of 1.3322 (R2). If the price holds its momentum on the upside we can expect a further rise towards 1.3367 (R3). On the other hand, if the price does not manage to break above 1.3222 (R2) we can expect the pair to retest support at 1.3153 (S2) and a further fall will be limited to 1.3096 (S3). -------------- GBPUSD : 1.58145 / 1.58157 DAILY WEEKLY MONTHLY High: 1.58168 | Low: 1.57581 | Chg: 0.0062 0.39% 1.5961 | 1.5929 | 1.5885 | 1.5848 1.5757 | 1.5729 | 1.5700 | 1.5665 SUMMARY : Down TREND down : trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis GBPUSD is forming lower tops, as it fell for 3 consecutive days after forming a high at 1.5929 (R3), and formed a strong support level at 1.5729 (S2). Following that we saw a correction towards 1.5799 and it seems the pair will re-test our support levels soon. A break below 1.5757 (S1) would suggest a target of 1.5729 (S2) and a further fall will then focus on the next target at 1.5700 (S3) a technical and psychological level. On the upside, if the price rebounds from the first support level we can expect retesting at 1.5848 (S2). A further rise will then bring focus to the next resistance level at 1.5885 (R2). ------------- USDJPY : 77.688 / 77.691 DAILY WEEKLY MONTHLY High: 77.779 | Low: 77.532 | Chg: 0.066 0.09% 78.98 | 78.67 | 78.28 | 77.80 77.25 | 76.83 | 76.49 | 76.25 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : neutral STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis USDJPY gained momentum and formed higher bottoms and is now moving towards 77.80 (R1) a technical and psychological resistance level for the bulls. If the pair breaks above that level, can expect the price to retest 78.28 (R2). Be on the alert for a correction downwards towards 77.25 (S1) and then a continuation to an upward move. We believe that the bullish pressure will continue. Look for long positions in today's trading session. Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/13022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 15, 2012 Author Report Share Posted February 15, 2012 Daily Forex Market by FXCC 14Feb2012 Yen Drops to Three-Month Low as Bank of Japan Boosts Stimulus.. Major currency pair and cross currency pair analysis: The euro traded at $1.3127 as of 8:30 a.m. in Tokyo from $1.3134 in New York yesterday, when it fell to as low as $1.3080, the weakest since Feb. 6. The common currency fetched 102.99 yen from 103.02. The dollar bought 78.46 yen from 78.44 yesterday, when it rose 1.1 percent. The euro has lost 4.8 percent in the past six months, the second-worst performance after the Swiss franc among the 10 developed-nation currencies tracked by Bloomberg Correlation-Weighted Indexes. The dollar gained 5.5 percent, and the yen rose 1.3 percent. The pound has declined 1.6 percent this year according to Bloomberg Correlation-Weighted Indexes, which track 10 developed-nation currencies. Over the past 12 months it has weakened 4.5 percent. The pound depreciated 0.6 percent to $1.5676 at 4:00 p.m. London time after falling as much as 0.7 percent, the most since Jan. 11. The currency has dropped 1.4 percent in the past week. Sterling declined 0.2 percent to 83.82 pence per euro. At midnight GMT cable was priced at 1.5689. Read More UPCOMING EVENTS 2012-02-15 09:30 GMT | UK - Claimant Count Change 2012-02-15 09:30 GMT | UK - Unemployment Rate 2012-02-15 10:30 GMT | UK - BOE Gov King Speaks 2012-02-15 10:30 GMT | UK - BOE Inflation Report FOREX NEWS 2012-02-15 05:18 GMT | EUR/USD above 1.3150 in Asia 2012-02-15 04:58 GMT | AUD/USD stalls ahead of 1.0750 2012-02-15 01:29 GMT | GBP/JPY rally extends in Asia 2012-02-15 00:31 GMT | Australia Jan New Motor Vehicle Sales (MoM) 1.3% -------------- EURUSD : 1.31790 / 1.31793 DAILY WEEKLY MONTHLY High: 1.31906 | Low: 1.31086 | Chg: 0.005 0.38% 1.3379 | 1.3325 | 1.3285 | 1.3217 1.3112 | 1.3080 | 1.3026 | 1.2977 SUMMARY : Down TREND : down trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis EUR/USD recovers after hitting 1.3080 (S2) but it’s kept below 1.3217 (R1) minor resistance and it seems after the correction upwards that it will soon retest our first support level 1.3112 (S1). A break above the first resistance level of 1.3212 (R1) would suggest a retest of 1.3385 (R2). On the other hand, a break below 1.3112 (S1) could trigger further bearish pressure targeting 1.3080 (S2) and a further fall will then focus on the next target at 1.3026 (S3). ------------- GBPUSD : 1.57283 / 1.57291 DAILY WEEKLY MONTHLY High: 1.57359 | Low: 1.56745 | Chg: 0.0036 0.23% 1.5923 | 1.5877 | 1.5828 | 1.5771 1.5676 | 1.5643 | 1.5604 | 1.5567 SUMMARY : Down TREND : down trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis GBPUSD raised sharply yesterday and formed another correction upwards (intraday) above 1.5676 (S1) and continued in rise from 1.5643 (S2). If GBPUSD holds above first suppot level we can expect target at 1.5771 (R1). Further rise will then focus on 1.5828 (R3). On the other hand, if the price does not manage to hold above 1.5676 we can expect the price to move downwards and retest the second support level at 1.5643 (S1) a technical and psychological level for the bulls. ----------------- USDJPY : 78.455 / 78.460 DAILY WEEKLY MONTHLY High: 78.66 | Low: 78.355 | Chg: 0.018 0.02% 80.29 | 79.85 | 79.30 | 78.66 77.80 | 77.33 | 76.78 | 76.23 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis The USDJPY moved upwards and formed atop at 78.66 (R1) and now it is moving towards 78.80 (S1) for a correction. If the price breaks above 78.66 level we will suggest further rise towards 79.30 (R2) and then 79.85 (R3). The pair is moving upwards since beginning of February 2012 and both of our moving averages 10 and 20 are pointed bullish. Our recommendation for today’s session is long positions at current price with a stop loss below 77.80 (S1). Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/14022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 16, 2012 Author Report Share Posted February 16, 2012 Daily Forex Market by FXCC 16Feb2012 Aussie enjoys 50 pip spike versus greenback on excellent employment data. The seventeen nation shared currency lost 0.1 percent to $1.3059 as of 8:00 a.m. in Tokyo from yesterday in New York, when it slid to $1.3044, the lowest level witnessed since Feb. 6. The euro dropped 0.1 percent to 102.39 yen. The dollar fell 0.1 percent to 78.39 yen. The Aussie declined 0.1 percent to $1.0689 and retreated 0.1 percent to 83.79 yen. GBP/JPY traded in range between 122.59 and 123.50 on Wednesday, ending trade in NY at 123.06, just a few pips above its starting price. Read More UPCOMING EVENTS 2012-02-16 03:55 GMT | Australia Employment Change s.a. (Jan) 2012-02-16 03:55 GMT | Pellentesque habitant morbi tristique senectus 2012-02-16 03:55 GMT | Pellentesque habitant morbi tristique senectus 2012-02-16 03:55 GMT | Australia Employment Change s.a. (Jan) FOREX NEWS 2012-02-16 03:55 GMT | AUD/JPY slumps after early gains 2012-02-16 01:13 GMT | EUR/USD edging lower on Greek anxiety 2012-02-16 00:34 GMT | Australia Jan Employment Change s.a. -46.3K 2012-02-16 00:31 GMT | Australia Jan Unemployment Rate s.a. 5.1% --------------- EURUSD : 1.30121 / 1.30127 DAILY WEEKLY MONTHLY High: 1.30656 | Low: 1.2994 | Chg: -0.0054 -0.41% 1.3285 | 1.3217 | 1.3153 | 1.3080 1.3006 | 1.2956 | 1.2904 | 1.2867 SUMMARY : Down TREND : down trend MA10 : bearish MA20 : Bearish STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis The EURUSD fell and formed a bottom at 1.3006 (Fibo-38.2% level) a level that has been retested 3 times in the past. If the price manages to hold above 1.3006 (S1) we can expect retest of 1.3080 (R1) and further rise will then focus at 1.3153 (R2). Look for long positions in today’s trading session with a stop loss below 1.2956 (S2). ---------------- GBPUSD : 1.56744 / 1.56751 DAILY WEEKLY MONTHLY High: 1.56973 | Low: 1.56596 | Chg: -0.0018 -0.12% 1.5877 | 1.5828 | 1.5771 | 1.5723 1.5643 | 1.5594 | 1.5567 | 1.5543 SUMMARY : Down TREND : down trend MA10 : bearish MA20 : Bearish STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis GBPUSD fell sharply yesterday and made a bottom at 1.5643 (S1). If it breaks below that level we can expect the price to retest 1.5594 (S2), a significant strong support level. Be on the alert for a correction upwards towards 1.5723 (R1) and then a continuation to a downward move. Both of our Moving Averages are pointing to a bearish signal. We believe that the bearish pressure will continue. ------------- USDJPY : 78.470 / 78.473 DAILY WEEKLY MONTHLY High: 78.52 | Low: 78.36 | Chg: 0.046 0.06% 80.00 | 79.67 | 79.09 | 78.66 77.80 | 77.34 | 76.78 | 76.43 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis USDJPY after price formed top at 78.66 (R1), price continued in sideways move between 78.16 support and resistance at 78.66. Right now it seems USD is gaining momentum and we can expect probably the price will be targeting at second resistance at 79.09 (R2). Further rise above this level will then focus on 79.67 (R3) resistance and if USD holds its momentum, rise might be limited at 80.00 (R4) resistance. Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/16022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 17, 2012 Author Report Share Posted February 17, 2012 Daily Forex Market by FXCC 17Feb2012 USD/CHF plunges due to Fed’s Ben Bernanke speech.. The euro rose 0.5 percent to $1.3130 at 5 p.m. in New York after sliding to $1.2974, the lowest level witnessed since Jan. 25. The shared seventeen nation common currency rose 1.1 percent to 103.65 yen after touching 103.84 yen, the highest level since Dec. 12. The dollar appreciated 0.7 percent to 78.95 yen after hitting 78.97 yen, the strongest level since Nov. 1 reaching 78.95 from an earlier session low of 78.34 before ending trade in NY at 78.92, 50 pips above its daily starting price. From key resistance at 0.9300, the USD/CHF plunged on the improved sentiment and is now around 0.9250. Sterling rose 0.2 percent to 83.13 pence per euro and gained 0.7 percent to $1.5800. Read More UPCOMING EVENTS 2012-02-17 07:00 GMT | Germany Producer Price Index (MoM) (Jan) 2012-02-17 07:00 GMT | Germany Producer Price Index (YoY) (Jan) 2012-02-17 08:55 GMT | Germany Purchasing Manager Index Services (Feb) Preliminar 2012-02-17 08:58 GMT | EU - Purchasing Manager Index Services (Feb) Preliminar FOREX NEWS 2012-02-17 07:08 GMT | Germany: PPI grows more than expected in January 2012-02-17 07:02 GMT | Germany: PPI (MoM) grows 0.6% in Jan; (YoY) increases 3.4% 2012-02-17 02:06 GMT | USD weakens on healthy appetite for risk 2012-02-17 00:10 GMT | BoJ Minutes: Caution over Europe remains necessary --------------- EURUSD : 1.31423 / 1.31432 DAILY WEEKLY MONTHLY 1.3322 | 1.3284 | 1.3216 | 1.3159 1.3080 | 1.2973 | 1.2904 | 1.2865 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis EURUSD has reached a significant support level at 1.2973 (S2) it bounced from that level and rose subsequently to form a high at 1.3159 (R1). A break above that level would suggest a target of 1.3216 (R2) and a further rise will then focus on the next target at 1.3284 (R3). On the downside, if the price does manage to stay below current resistance level1.1.3159 (R1) we can expect retesting of 1.3080 (S1). A further decline will then bring focus to the next support level at 1.2973 (S2) a strong technical support level. We expect the price to retest first resistance level and then to move upwards targeting first and second resistance level. Look for long positions in today trading session with a stop los below 1.2973 (S2). -------------- GBPUSD : 1.58056 / 1.58073 DAILY WEEKLY MONTHLY 1.5928 | 1.5885 | 1.5848 | 1.5827 1.5770 | 1.5735 | 1.5654 | 1.5613 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis GBPUSD rose sharply yesterday from 1.5654 (S3) and made a top at 1.5815. If it breaks above that level we can expect the price to retest 1.5885 (R3), a significant strong support level. Be on the alert for a correction downwards towards 1.1.5735 (S2) and then a continuation to an upward move. Both of our Moving Averages are pointing to a bullish signal. We believe that the bullish pressure will continue. Look for long positions around 1.5735 (S2) with a stop loss below 1.5654 (S3). -------------- USDJPY : 79.108 / 79.116 DAILY WEEKLY MONTHLY 82.20 | 81.43 | 80.13 | 79.74 78.19 | 77.36 | 76.53 | 76.02 SUMMARY : up TREND : up trend MA10 : Bullish MA20 : bullish STOCHASTIC : neutral MARKET ANALYSIS - Intraday Analysis USDJPY is forming higher bottoms and we are in a clear uptrend move, as it rises for 2 consecutive weeks penetrating successfully yesterday’s resistance level 78.63. Both of our moving averages are giving a strong support to the pair in its uptrend move and are both bullish. Look for long positions targeting 79.74 (R1) a significant technical and psychological level for the bears. A stop loss should be placed below 78.60. Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/17022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 20, 2012 Author Report Share Posted February 20, 2012 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 Read More 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 -------------- 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. ---------------- 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. -------------- 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. Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/20022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 21, 2012 Author Report Share Posted February 21, 2012 Daily Forex Market by FXCC 21Feb2012 USD/JPY eyeing the critical psychological level of 80.00 The yen advanced 0.4 percent versus Europe’s common currency to 105.09 as of 9:00 a.m. in Tokyo. The dollar climbed 0.3 percent to $1.3206 per euro. The U.S. currency was little changed at 79.58 yen. USD/JPY could be in consolidation mode just below the 79.90 zone, which is the recent 6-month high recorded during Monday’s Asian session. EUR/JPY was weaker at the start of trading on Tuesday. Last seen quoting at 105.20 from 105.42 late Monday in NY. GBP/USD is weak in early Asia as the greenback is well bid across the board as risk aversion begins to take hold. The Pound has slid to a session low of 1.5820. Read More UPCOMING EVENTS 2012-02-21 00:30 | GMT Australia RBA Meeting's Minutes 2012-02-21 02:30 | GMT Australia RBA's Governor Glenn Stevens Speech 2012-02-21 04:30 | GMT Japan All Industry Activity Index (MoM) (Dec) 2012-02-21 07:00 | GMT Switzerland Trade Balance (Jan) FOREX NEWS 2012-02-21 04:32 | GMT Japan: All Industry Activity Index (MoM) (Dec): 1.3% 2011-08-10 11:14 | GMT EZ FinMin reach deal on Greece 2012-02-21 02:56 | GMT NZ: Inflation expectations slide to 2.5% in Q1; 0.5% rise expected in Q2 2012-02-21 00:22 | GMT EUR/JPY in bearish mode on general euro weakness -------- EURUSD : 1.32813 / 1.32821 DAILY WEEKLY MONTHLY 1.3424 | 1.3375 | 1.3322 | 1.3291 1.3182 | 1.3139 | 1.3080 | 1.3020 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD made a sharp move upwards and confirmed our recommendations for long positions hitting successfully the first resistance level at 1.3291 (R1) .We except the price to continue its upward move as it is under bullish pressure at the moment and it seems to be heading towards 1.3322 (R2) a strong technical resistance. A proper confirmation for the long positions will be when the price manages to break above the first resistance level of 1.3291 (R1). If the price fails to break above first level then it will probably move towards the first support level 1.3182 (S1) for a retest and then to continue its upwards move. ----------- GBPUSD : 1.58560 / 1.58581 DAILY WEEKLY MONTHLY 1.5993 | 1.5968 | 1.5928 | 1.5879 1.5808 | 1.5782 | 1.5735 | 1.5654 SUMMARY : Neutral TREND : Sideway MA10 : Neutral MA20 : Neutral STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis GBPUSD fell yesterday from 1.5879 (R1) and made a bottom at 1.5808 (S1). If it breaks below that level we can expect the price to retest 1.5782 (S2), a significant strong support level. A further decline will then bring focus to the next support level at 1.5735 (S3). We expect the price to retest and break below first support level targeting 1.5782 (S2) and then 1.5735 (S3). Look for short positions in today's trading session with a stop loss above 1.5879 (R1). ------------ USDJPY : 79.785 / 79.797 DAILY WEEKLY MONTHLY 80.93 | 80.67 | 80.23 | 79.87 78.97 | 78.64 | 78.19 | 77.36 SUMMARY : Up TREND Up : trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY formed a high at 79.87 (R1) as we previously mentioned in yesterday’s analysis as it has reached a very crucial level that has been retest 3 times in the past. A break above that level, it will indicate an upward break out from the trading range of the weekly chart. This is very important as it will determine our bias towards the next trading sessions. Overall, a break above that level we will look to confirm an uptrend as the outlook continues to be positive for the USDJPY. A proper confirmation for the long positions will be when the price manages to break above the first resistance level of 79.87 (R1). A stop loss should be placed below 79.28 (above S1). Source: FX Central Clearing Ltd, (http://www.fxcc.com) URL: https://support.fxcc.com/email/technical/21022012 Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 22, 2012 Author Report Share Posted February 22, 2012 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. Read More 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 ------------- 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. ------------- 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. -------------- 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). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 23, 2012 Author Report Share Posted February 23, 2012 Daily Forex Market by FXCC 23Feb2012 Sterling falls sharply as doubts emerge over quantitative easing levels by the Bank of England. The greenback traded at $1.3248 per euro as of 8:32 a.m. Tokyo from $1.3249 in New York yesterday. It was at $1.0620 versus Australia’s dollar from $1.0638 yesterday, when it rose 0.2 percent. Against New Zealand’s currency, it traded at 82.83 U.S. cents after yesterday gaining 0.6 percent to 82.93. Japan’s currency was little changed at 80.34 yen per dollar after falling yesterday to 80.40, the weakest level since July 11. It fetched 106.43 per euro from 106.38 yen. Sterling declined 0.7 percent to 84.49 pence per euro at 4:34 p.m. London time after falling to 84.57 pence, the weakest level since Dec. 13. The U.K. currency slid 0.6 percent to $1.5678, and was little changed at 125.88 yen. Read More URL: https://support.fxcc.com/email/technical/23022012 UPCOMING EVENTS 2012-02-23 09:00 GMT | Germany IFO - Business Climate (Feb) 2012-02-23 09:00 GMT | Germany IFO - Current Assessment (Feb) 2012-02-23 09:00 GMT | Germany IFO - Expectations (Feb) 2012-02-23 09:30 GMT | United Kingdom BBA Mortgage Approvals (Jan) FOREX NEWS 2012-02-23 05:04 GMT | EUR/USD again rejected below 1.3265 in Asia 2012-02-23 04:25 GMT | GBP/JPY slips to 4-day lows below 125.50 2012-02-23 02:37 GMT | EUR/GBP trading off 2-month highs 2012-02-23 00:40 GMT | EUR/AUD taking stabs at 1.2475 -------------- EURUSD : 1.32769 / 1.32780 DAILY WEEKLY MONTHLY 1.3424 | 1.3375 | 1.3322 | 1.3291 1.3211 | 1.3182 | 1.3139 | 1.3020 SUMMARY : Neutral TREND : Sideway MA10 : Bullish MA20 : Bullish STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis EURUSD after price formed lower top within the upper and lower barrier of the trading range, price continued in sideways move between 1.3211 support and resistance at 1.3291. Right now it seems that the pair is gaining momentum to the upwards and we can expect probably price will be targeting at resistance at 13291. Further rise above this level will then focus on 1.3322 (R2) and if EURUSD holds its momentum, rise might be limited at 1.3375 (R3). On the downside, if the price declines below 1.3211 (S1) we can expect the price to retest at 1.3182 (S2). -------------- GBPUSD : 1.56924 / 1.56945 DAILY WEEKLY MONTHLY 1.5814 | 1.5762 | 1.5735 | 1.5700 1.5649 | 1.5625 | 1.5576 | 1.5523 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis The GBPUSD made a move upwards to retest the first resistance level at 1.5807 (yesterday's resistance) and after that it fell sharply penetrating successfully our support levels (targets) of 1.5762, 1.5735 and 1.5700 (S3) confirming our yesterday’s recommendations for short positions (+107 pips). Now it seems that the pair formed a strong support at 1.5649 (S1) a strong technical and psychological support level that it has been retested 2 times in February but price didn’t manage to break below it.On the other hand a break below 1.5649 (S1) we will then expect the price to retest 1.5625 (S2) and then further decline will then approach towards 1.5576 (S3). Look for long positions as far as the price is moving above 1.5649 (S1) with a stop loss close to 1.5625 (S2). ------------- USDJPY : 80.138 / 80.152 DAILY WEEKLY MONTHLY 81.86 | 81.47 | 80.84 | 80.40 79.88 | 79.35 | 78.97 | 78.69 SUMMARY: Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis The outlook for USDJPY continues to be positive as it successfully managed to stay above our support levels and its clear that it is moving upwards. This is supported by the fact that the 10 and the 20 Moving Averages are giving as a strong support in the uptrend as both of them are providing bullish signals. We remain bullish on the pair until we see a definite signal for correction or retracements and even for reversal. A proper confirmation for the long positions will be when the price manages to break above the first resistance level of 80.40 (R1). A stop loss should be placed above 79.35 (S2). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 24, 2012 Author Report Share Posted February 24, 2012 Daily Forex Market by FXCC 24Feb2012 Aussie Dollar Set for a Two-Week Gain.. The euro was unchanged at $1.3373 as of 8:40 a.m. in Tokyo from Thursday and earlier touched $1.3379, matching the highest since Dec. 12. The shared currency was at 106.90 yen from 106.98 yesterday, when it rose 0.6 percent. The yen was at 79.94 per dollar from 80 yesterday. The USD/JPY finally broke down through the key 80.00 support level late Thursday after falling almost 50 pips from 80.30 to break support posting fresh intra-day lows at 79.85. Sterling advanced 0.2 percent to $1.5696 at 5:08 p.m. London time, trimming yesterday’s 0.7 percent decline. The currency dropped 0.3 percent to 84.78 pence per euro, after depreciating to 84.89 pence, the weakest since Dec. 12. Australia’s dollar gained 0.1 percent to $1.0728 at 11:00 a.m. in Sydney, set to rise 0.2 percent this week. The Aussie bought 85.75 yen from 85.74 yesterday. New Zealand’s currency bought 83.73 U.S. cents, 0.1 percent higher than yesterday’s close in New York. It was poised for a 0.6 percent weekly advance. The kiwi was at 66.93 yen from 66.90. Read More URL: https://support.fxcc.com/email/technical/24022012 UPCOMING EVENTS 2012-02-24 07:00 GMT | Germany Gross Domestic Product s.a (QoQ) (Q4) 2012-02-24 07:00 GMT | Germany Gross Domestic Product n.s.a (YoY) (Q4) 2012-02-24 09:30 GMT | United Kingdom Gross Domestic Product (QoQ) (Q3) 2012-02-24 09:30 GMT | United Kingdom Gross Domestic Product (YoY) (Q3) FOREX NEWS 2012-02-24 05:40 GMT | EUR/USD muted in Asia around 1.3370 2012-02-24 02:55 GMT | EUR/AUD slides below 1.2450 on RBA comments 2012-02-24 01:11 GMT | AUD/JPY breaks the 86.00 handle 2012-02-24 00:51 GMT | GBP/USD steady below 1.5750 -------------- EURUSD : Connection timeout DAILY WEEKLY MONTHLY 1.3493 | 1.3469 | 1.3425 | 1.3377 1.3293 | 1.3211 | 1.3182 | 1.3139 SUMMARY : Up TREND : Up trend MA10: Bullish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD formed a high at 1.3377 (R1) taking away positive our 3 targets (1.3291, 1.3322 and 1.3375) that were recommended in yesterday’s analysis gaining a total of 117 pips!! EURUSD is in a strong uptrend momentum. A break above 1.3377 will continue its upward move targeting next resistance level at 1.3425 (R1). A proper confirmation for the long positions will be when the price manages to break above the first resistance level of 1.3377(R2). A stop loss should be placed below 1.3293 (S1). --------------- GBPUSD : 1.57313 / 1.57327 DAILY WEEKLY MONTHLY 1.5924 | 1.5879 | 1.5814 | 1.5755 1.5700 | 1.5649 | 1.5593 | 1.5424 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis GBPUSD rebounded from 1.5649 (S2) and made a sharp move upwards penetrating successfully first and second target (1.5700 and 15735) ending our day with profits!! It seems now the pair is doing a small correction before it continues its move upwards towards 1.5814 (R2). A proper confirmation for long positions will be when the price manages to break above our first resistance level. A stop loss should be placed below 1.5680. --------------- USDJPY : 80.408 / 80.412 DAILY WEEKLY MONTHLY 81.86 | 81.47 | 80.84 | 80.48 79.88 | 79.35 | 78.97 | 78.69 SUMMARY : Neutral TREND : Sideway MA10 : Bullish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY after a successful run since beginning of February USDJPY is moving in a consolidation mode between the levels of 79.88 (S1) and 80.46 (R1). A break above upper level we will be suggesting target at 80.84 (R2) and of course continuation of the uptrend. In the other hand a break below 79.88 (S1) we can expect the price to retest support at 79.35 (S2). As far as the price is moving between 79.88 (S1) and 80.46 (R1) we remain flat. Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 27, 2012 Author Report Share Posted February 27, 2012 Daily Forex Market by FXCC 27Feb2012 The dollar climbed to its highest level in almost nine months against the yen In the first hour of Asia-Pacific session the euro rose 0.6 percent to 109.83 yen as of 7:55 a.m. in Tokyo from 109.18 in New York on Feb. 24. The common currency traded as high as 109.91, its strongest level since Oct. 31. It advanced 0.1 percent to $1.3468. The dollar climbed as much as 0.6 percent to 81.67 yen, its highest level since May 31, before trading at 81.55. However, The yen erased its 0.6 percent loss versus the dollar before trading at 81.14 as of 9:35 a.m. Tokyo time from 81.20 on Feb. 24 in New York. GBP/USD opened the Asia-Pacific session at 1.5880 from 1.5896 Friday close in New York; the pair experienced heavy selling interest at 1.5899, dipping to as low as 1.5860. Read More URL: https://support.fxcc.com/email/technical/27022012 UPCOMING EVENTS 2012-02-27 07:45 GMT | France Producer Prices (MoM) (Jan) 2012-02-27 9:00 GMT | Italy Business Confidence (Feb) 2012-02-27 9:00 GMT | European Monetary Union M3 Money Supply (YoY) (Jan) 2012-02-27 9:00 GMT | European Monetary Union M3 Money Supply (3m) (Jan) FOREX NEWS 2012-02-27 05:56 GMT | EUR/USD holds above 1.3440 in Asia-Pacific 2012-02-27 04:29 GMT | GBP/USD range bound between 1.5860/1.5900 2012-02-27 03:59 GMT | EUR/JPY finds ground at 109.00 in Asia 2012-02-27 00:38 GMT | GBP/USD capped below 1.5900 EURUSD : 1.34401 / 1.34411 DAILY WEEKLY MONTHLY 1.3613 | 1.3586 | 1.3542 | 1.3486 1.3377 | 1.3293 | 1.3211 | 1.3139 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD rise on Friday and penetrated successfully our first resistance giving us a profit of 51 pips!! We expect the price to continue its upward move as it is under bullish pressure, but before that we can expect for a correction downwards below 1.3377 (S1) and then to continue upwards. Look for long positions below 1.3377 (S1) with a stop loss at 1.3293 (S2) targeting 1.3486 (R1). GBPUSD : 1.58567 / 1.58584 DAILY WEEKLY MONTHLY 1.5998 | 1.5969 | 1.5934 | 1.5898 1.5813 | 1.5762 | 1.5700 | 1.5649 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Oversold MARKET ANALYSIS - Intraday Analysis GBPUSD rise from 1.5700 (S3) and made a sharp move upwards successfully penetrating our first target ending our day with profits (+59 pips)!! After that the price formed a high at 1.5898 (R1) and fell. Now it seems that the pair is moving downwards for a correction towards 1.5813 (S1) and even to our second support at 1.5762 (S2). Look for short positions at current price targeting 1.5813 (S1) and 1.5762 (S2) with a stop loss above 1.5898 (R1). USDJPY : 81.090 / 81.099 DAILY WEEKLY MONTHLY 83.66 | 82.50 | 81.97 | 81.66 80.78 | 80.42 | 79.88 | 79.35 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY formed a high at 81.66 (R1) profiting on all our targets recommended on Friday's analysis gaining a total of 107 pips!! After that the pair fell and it now seems that it is going to retest 80.78 (S1) soon. A break below that level will be suggesting target at 80.42 (S2) as we are in a correction phase of our uptrend. On the other hand if price manage to break above 81.66 (R1) we will then expect the price to reach 81.97 (R2) and then further rise will then approach towards 82.50(R3). Look for long positions above 80.42 (S2) with a stop loss below 79.88 (S3) targeting second resistance level 81.97 (R2). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted February 29, 2012 Author Report Share Posted February 29, 2012 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. Read More URL: https://support.fxcc.com/email/technical/29022012 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). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 1, 2012 Author Report Share Posted March 1, 2012 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 Read More URL: https://support.fxcc.com/email/technical/01032012 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. Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 2, 2012 Author Report Share Posted March 2, 2012 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. Read More URL: https://support.fxcc.com/email/technical/02032012 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. Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 5, 2012 Author Report Share Posted March 5, 2012 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. Read More URL: https://support.fxcc.com/email/technical/05032012 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. Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 6, 2012 Author Report Share Posted March 6, 2012 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. Read More URL: https://support.fxcc.com/email/technical/06032012 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 ------------- 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. ------------- 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. ------------- 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, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 7, 2012 Author Report Share Posted March 7, 2012 Daily Forex Market by FXCC 07Mar2012 AUD/USD off 5-week lows above 1.0520 EUR/USD is currently at 1.3137 retreating from session highs at 1.3150. Up +0.16% for the session, bounces from fresh 2-week lows at 1.3103 late NY, accelerating to the upside moments after worse than expected Australian 4Q GDP came out at 00:30 GMT. GBP/USD is trading a tight 40-pip range between 1.5698 and 1.5738 so far this Wednesday following a sharp overnight drop to current levels on the back of broad-based USD strength. EUR/JPY has so far traded a tight 105.69- 106.40 range this Wednesday following a sustained break of the 107.00 handle overnight, sliding 1.6% to 106.05.Along with the dollar, the Japanese yen was the benefactor of a significant flight to safety on global growth and Greek PSI concerns, as investors sought refuge in safe-haven assets. Aussie is back above previous daily lows now around 1.0540, after falling to fresh 5-week lows at 1.0509. With much worse than expected Australian 4Q GDP rising half of expected +0.8%, AUD/USD dropped from session highs around 1.0570, to mentioned lows in a blink of an eye. Read More URL: https://support.fxcc.com/email/technical/07032012 UPCOMING EVENTS 2012-03-07 00:30 GMT | Australia Gross Domestic Product (YoY) (Q4) 2012-03-07 06:45 GMT | Switzerland Unemployment Rate n.s.a (MoM) (Feb) 2012-03-07 11:00 GMT | Germany Factory Orders s.a. (MoM) (Jan) 2012-03-07 11:00 GMT | Germany Factory Orders n.s.a. (YoY) (Jan) FOREX NEWS 2012-03-07 05:08 GMT | Japan Leading Economic Index 94.9 in Jan 2012-03-07 00:32 GMT | Australia 4Q Gross Domestic Product (YoY) 2.3% 2012-03-07 00:31 GMT | Australia 4Q Gross Domestic Product (QoQ) 0.4% 2012-03-07 00:01 GMT | United Kingdom: BRC Shop Price Index (MoM) (Feb): 1.2% ------------- EURUSD : 1.31382 / 1.31391 DAILY WEEKLY MONTHLY 1.3424 | 1.3362 | 1.3280 | 1.3240 1.3103 | 1.3053 | 1.3023 | 1.2985 SUMMARY : Down TREND : Down trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD moved downwards and successfully penetrated our second support forming a new low at 1.3103 (S1) profiting on our target recommended in yesterday’s analysis gaining a total of 51 pips!! The pair is under bearish pressure since the price made a high at 1.3480 and retested it twice without succeeding to break above it with a resulting reversal and downwards move. A break below the 1.3103 (S1) level would suggest a target at 1.3053 (S2) and a further fall will then focus on 1.3023 (S3). We believe the pair will continue the downward move and will find a strong support at 1.2985 (S4) a significant technical and psychological level. -------------- GBPUSD : 1.57272 / 1.57283 DAILY WEEKLY MONTHLY 1.5992 | 1.5962 | 1.5896 | 1.5782 1.5695 | 1.5633 | 1.5580 | 1.5537 SUMMARY : Down TREND : Down trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis GBPUSD made a sharp move downwards and confirmed our recommendations for short positions below 1.5782 successfully hitting the second support level ending the day with 52 pips profit!!! We expect the price to continue its downward move as it is under bearish pressure at the moment (both of our MA 10 - 20 are bearish). Watch for a further correction upwards towards first resistance. So, our recommendation for today’s trading session is look for short positions close to our first resistance 1.5782 (R1) targeting 1.5633 (S2) with a stop loss below 1.5896 (R2). ---------------- USDJPY : 80.743 / 80.751 DAILY WEEKLY MONTHLY 82.79 | 82.30 | 81.87 | 81.14 80.58 | 80.24 | 79.85 | 79.43 SUMMARY : Neutral TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis The USDJPY fell on yesterday’s trading session and found a strong support below yesterday’s first recommended target giving us a small profit of 36 pips! After that that price rose and is now moving above 80.58 (S1). If the USDJPY made a top (daily chart) at 81.72 (R2), we should expect further correction downwards (Fibonacci levels) but if the price completes its correction to the current level then it should continue its upwards move. Our recommendation for today’s trading session is no position as we are in a crucial point of the market and it is very important to see a break above 81.14 or below 80.58 to determine the current trend of the market. Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 8, 2012 Author Report Share Posted March 8, 2012 Daily Forex Market by FXCC 08Mar2012 The ECB is expected to leave the interest rate unchanged at 1.0% EUR/USD is currently dealing with session highs last at 1.3178, capped below descending trend line coming from 1.3485 double top Feb 29, and also below past Friday's lows and weekly close. Local share markets have been on the bounce today after three consecutive days falling, with US futures pointing higher and Nikkei index up by +1.51% above the 9700 points mark. GBP/USD opened the day at 1.5738 and spent the Asia-Pacific session trading in a 1.5722/45 range before breaking to a session high of 1.5755 as Asian stocks were lifted on a rumor that the PBoC may cut the RRR by 50bps today. USD/JPY has extended the bounce from its weekly low at 80.57 to 81.35 so far in the Asia-Pacific, last at 81.23 from 81.07 at the end of trade late Wednesday. AUD/USD has just shot up to a session high of 1.0605 mid-day in Asia-Pacific trading, having rallied from an earlier post- Aussie unemployment rate session low of 1.0530 to 1.0606 on rumors the PBOC might cut the RRR 50 BPS later today. The EUR/JPY cross is currently retracing losses made earlier in the week and is pushing up against psychological resistance at the 107.00 mark after briefly peaking at 107.04. Read More https://support.fxcc.com/email/technical/08032012 UPCOMING EVENTS 2012-03-08 08:15 GMT | Switzerland Consumer Price Index (MoM) (Feb) 2012-03-08 12:00 GMT | United Kingdom BoE Interest Rate Decision (Mar 8) 2012-03-08 12:00 GMT | United Kingdom BoE Asset Purchase Facility (Mar) 2012-03-08 12:30 GMT | European Monetary Union ECB Interest Rate Decision FOREX NEWS 2012-03-08 05:06 GMT | Japan Feb Eco Watchers Survey: Outlook up to 50.1 2012-03-08 04:25 GMT | EUR/JPY testing offers above 107.00 2012-03-08 00:31 GMT | Australia Unemployment Rate s.a. 5.2% in Feb 2012-03-08 00:05 GMT | Japan: Q4 GDP at an unsurprising -0.2%; record Jan current account deficit --------- EURUSD : 1.31771 / 1.31781 DAILY WEEKLY MONTHLY 1.3424 | 1.3362 | 1.3280 | 1.3240 1.3096 | 1.3053 | 1.3023 | 1.2985 SUMMARY : Neutral TREND : Neutral MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD fell and found a strong support at 1.3096 (S1) a significant technical and psychological level. As we can see on the chart the pair is at a crucial point, as a break below 1.3096 (S1) will confirm a new trend – downtrend. On the other hand if the price manages to break above 1.3240 (R1) it will move above the uptrend trend line and it will indicate a continuation of the uptrend. As we are at a crucial point that it establish if we are in a turning point or if we are still in an uptrend, our recommendations for today’s trading session is no position until one of the above scenarios take place. --------- GBPUSD : 1.57674 / 1.57683 DAILY WEEKLY MONTHLY 1.5991 | 1.5943 | 1.5895 | 1.5847 1.5695 | 1.5633 | 1.5580 | 1.5537 SUMMARY : Down TREND : Down trend MA10 : Neutral MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis GBPUSD rally continued to push lower as yesterday the price retested 1.5695 (S1) level twice and failed to break lower as a result of an upwards move just below yesterday’s resistance. A break below 1.5695 (S1) will confirm our short positions targeting 1.5633 (S2) a level that has been retested a couple of times in the last two months but without succeeding to break below it, turning this into a strong technical level. On the other hand, if the pair retests and breaks above the first resistance level of 1.5782 (R1), we would expect the price to retest 1.5847 (R2) and a further rise will be limited at 1.5895 (R3). --------- USDJPY : 81.312 / 81.320 DAILY WEEKLY MONTHLY 83.14 | 82.79 | 82.30 | 81.87 80.96 | 80.58 | 80.24 | 79.85 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY fell and formed a strong support at 80.58 (S1). After that the price made 3 attempts to break below it but without any success. Following that the price rose and successfully broke above yesterday resistance 81.14 and now it seems that is heading towards 81.87 (R1) a year high, for a retest. Both of our Moving Averages 10 and 20 turned bullish and as we can see the pair is gaining strong upwards momentum. Look for long positions at the current price targeting 81.87 (R1). A stop loss should be placed between 80.96 (S1) and 80.58 (S2). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 9, 2012 Author Report Share Posted March 9, 2012 Daily Forex Market by FXCC 09Mar2012 EUR/USD sells-off as Greece completes debt swap with 85.8% participation USD/JPY has jumped higher in Asia as weaker-than-expected Chinese CPI data looks to have stimulated investors’ risk appetites. The pair has moved up to as high as 81.88 from 81.54 late Thursday as it tests the 81.87 double top seen Monday and last Friday.The Euro fell this morning as the Greek govt announced it had completed a debt swap with participation at 85.8% vs expectations running as high as 90/95%, although the number stays very much in line with the first initial pre-announcement by Greek offcials at the NY close. €172 tendered vs €206 eligible with Greek officials saying they will enact CACs, as they will amend terms of Greek law bonds for all holders. Grecia has also said participation will be 95.7% (€197m) after CAC triggered. Finally, Greece says 69% of non-Greek bondholders participated. After the push down to 84.80 at the start of the week, AUD/JPY has bounced nicely from the mentioned support zone and the recovery has extended to as high as 87.12 so far in the Asia-Pacific. AUD/USD is having a minor pull-back from 1.0640 to 1.0634 after the China's consumer price index (CPI), a main gauge of inflation, came in lower-than-expected at 3.2% vs 3.5%, down from January's 4.5% increase. Read More https://support.fxcc.com/email/technical/09032012 UPCOMING EVENTS 2012-03-09 09:30 GMT | United Kingdom Manufacturing Production (YoY) (Jan) 2012-03-09 09:30 GMT | United Kingdom Producer Price Index - Input (YoY) 2012-03-09 12:00 GMT | Canada Unemployment Rate (Feb) 2012-03-09 12:00 GMT | Canada Net Change in Employment (Feb) FOREX NEWS 2012-03-09 05:34 GMT | China Retail Sales (YoY) falls to 14.7% in Feb from 18.1% 2012-03-09 01:37 GMT | China: CPI weaker than expected at 3.2% in Feb 2012-03-09 01:33 GMT | China Feb Consumer Price Index (YoY) 3.2% 2012-03-09 00:39 GMT | Australia Jan Trade Balance -0.673B --------------- EURUSD : 1.32410 / 1.32418 DAILY WEEKLY MONTHLY 1.3485 | 1.3424 | 1.3362 | 1.3291 1.3159 | 1.3096 | 1.3053 | 1.2985 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis In yesterday’s analysis we said we were expecting the EURUSD either to break above the uptrend trend line (daily), confirm that the pair is still in an uptrend or to break below 1.3100 and to establish a new trend – down trend. As we can see on the chart the bullish scenario took place and the price broke above the uptrend trend line determining that the uptrend is still in effect. The EURUSD rose and moved below our first resistance this morning at 1.3291 (R1) and now it seems that it is close to retesting the uptrend trend line again just above our first support. Look for long positions above the first support level targeting 1.3291 (R1) and further rise will then be limited at 1.3362 (R2). --------------- GBPUSD : 1.58039 / 1.58051 DAILY WEEKLY MONTHLY 1.5991 | 1.5943 | 1.5882 | 1.5847 1.5778 | 1.5695 | 1.5633 | 1.5580 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Neutral STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis GBPUSD made a sharp move upwards and successfully broke above yesterday’s resistance level continuing our winning streak by giving as a good profit (+49 pips). As long as it is above our second support level 1.5695 (S2), we can look for long positions close to our first support at 1.5778 (S1). A stop loss should be placed at 1.5695 (S2) but the most conservative and tactical traders can hold and wait for the break above 1.5847 (R2) to open their long positions targeting 1.5882 (R2). --------------- USDJPY : 81.684 / 81.694 DAILY WEEKLY MONTHLY 83.14 | 82.79 | 82.30 | 81.88 81.31 | 80.94 | 80.58 | 80.24 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Neutral STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY gained momentum and formed higher bottoms successfully penetrating yesterday's target ending our day with 53 pips of profit!! After that the price found a strong resistance at 81.88 (R1), a yearly high. We expect the price to move upwards but only a break above 81.88 (R1) will give as a confirmation for long positions targeting 82.79 (R3). A stop loss should be placed at 81.31 (S1). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 12, 2012 Author Report Share Posted March 12, 2012 Daily Forex Market by FXCC 12Mar2012 EUR/USD at 3-week lows in late Asia EUR/USD is currently at 1.3100 level,right after Japanese confidence data has come out bit worse than expected, pushing USD higher across the board, along with yen, and sending equities lower. The day ahead includes EU Finance Ministers meeting, Germany Wholesale Price Index (Feb) month on month, and year on year, Italy GDP (Q4 final) at 09:00, Greek industrial production at 10.00 and Portugal Trade Balance at 11:00 GMT. GBP/USD traded sideways above the 1.5650 level for the whole of the Asia-Pacific session, having dipped to as low as 1.5656 from its opening price and session high of 1.5674, last at 1.5660. USD/JPY has begun to retreat from recent 11-month highs during the Asian session Monday, having dipped to as low as 82.10 from an earlier session high of 82.51 as the yen jumped slightly against the greenback on risk-off trading, ignoring further easing rumors by the BoJ in tomorrow's policiy meeting. The aussie dollar is trading below the 1.0600 mark on Monday after China, main destination of Australian exports, has registered a deficit of CYN 31.5bn in the trade balance, below the CYN -4.9 bn expected and down from CYN 27.3 surplus in the previous print. USD/CHF is breaking higher above the 0.9200 level on broad greenback strength following Friday's positive jobs report in the US, peaking at 0.9213 so far in Asia as it extends its rebound from last week's 0.9069 low. Read More https://support.fxcc.com/email/technical/12032012 UPCOMING EVENTS 2012-03-12 09:00 GMT | Italy Gross Domestic Product (YoY) (Q4) 2012-03-12 10:00 GMT | Greece Industrial Production (YoY) (Jan) 2012-03-12 11:00 GMT | Portugal Global Trade Balance (Nov) 2012-03-12 N/A GMT | European Monetary Union EU Finance Ministers meeting FOREX NEWS 2012-03-12 07:31 GMT | Asian markets fall on Greek default 2012-03-12 07:01 GMT | Germany: Wholesale Price Index (MoM) increases 1% in Feb; (YoY) up 2.6% 2012-03-12 05:01 GMT | Japan Consumer Confidence Index decreases to 39.5 2012-03-12 01:13 GMT | EUR/USD dips below 1.3100 --------------- EURUSD : 1.31143 / 1.31151 DAILY WEEKLY MONTHLY 1.3485 | 1.3362 | 1.3291 | 1.3159 1.3078 | 1.3026 | 1.2974 | 1.2928 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD made a sharp move downwards from 1.3291 (R2) on Friday’s trading session forming a new low just below our support level at 1.3078 (S1). Now the price has found a strong support at 1.3078 (S1) 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. A break below that level would suggest a target of 1.3026 (S2). If price holds its momentum on the downside we can expect a further decline towards 1.2974 (S3). On the other hand, if the price does not manage to break below 1.3078 (S1) we can expect the pair to retest resistance at 1.3159 (S1) and a further rise will be limited to 1.3291 (R2). -------------- GBPUSD : 1.56807 / 1.56817 DAILY WEEKLY MONTHLY 1.5882 | 1.5834 | 1.5778 | 1.5724 1.5655 | 1.5578 | 1.5531 | 1.5491 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis GBPUSD fell on Friday and was supported at 1.5655 (S1) a strong technical level .The price then rose and was able to break above Friday’s support and now it seems that the price is gaining momentum to the upside. A break above 1.5724 (R1) would suggest a target at 1.5778 (R2) and further rise will be limited to 1.5834 (R3). On the other hand a break below 1.5655 (S1) would suggest target at 1.5587 (S2). ------------- USDJPY : 82.220 / 82.229 DAILY WEEKLY MONTHLY 83.97 | 83.69 | 83.25 | 82.63 81.90 | 81.31 | 80.94 | 80.58 SUMMARY : Up TREND : Up trend MA10 : Neutral MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY moved upwards and formed a new high at 82.63 and after that the price fell retesting Friday’s support level. A break below 81.90 (S1) we expect the price to retest 81.31 (S2) and further fall will then be limited at 80.94 (S3). On the other hand if the pair finds a strong momentum to the upwards we expect the price to retest 82.63 (R1) a significant level for the bulls as a break above that level will then focus on 83.25 (R2). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 13, 2012 Author Report Share Posted March 13, 2012 Daily Forex Market by FXCC 13Mar2012 EUR/USD lower on BoJ, finds ground at 1.3150 EUR/USD is having a hit after BoJ announced its latest policy decision leaving rates on hold, and not implementing any new easing measures, which it seems has upset the market, sending equities lower and USD and yen higher. EUR/USD trades at 1.3159 as last after hitting fresh session lows at 1.3148, falling from highs at 1.3192.GBP/USD broke below 1.5650 support overnight, a level which had been tested on various occasions over the last few weeks. The pair managed to slide to a fresh 2-month low of 1.5601 before bounce to end the American session at 1.5640, down from 1.5673 late Friday. AUD/USD is at a session high of 1.0555 versus an earlier low of 1.0504, quoted around 0.4% above its starting price this Tuesday.EUR/JPY is currently at session lows 108.29, falling from recent session and weekly highs at 108.52, touched twice during present session. Nikkei index trades to the upside regaining the 10000 points mark rising +1.18% for the day ahead of BoJ policy meeting later on, and following poor industrial data released earlier. Read More https://support.fxcc.com/email/technical/13032012 UPCOMING EVENTS 2012-03-13 07:45 GMT | France Current Account (Jan) 2012-03-13 09:30 GMT | United Kingdom Trade Balance; non-EU (Jan) 2012-03-13 10:00 GMT | EU - ZEW Survey - Economic Sentiment (Mar) 2012-03-13 10:00 GMT | Germany ZEW Survey - Economic Sentiment (Mar) FOREX NEWS 2012-03-13 05:47 GMT | EUR/USD lower on BoJ, finds ground at 1.3150 2012-03-13 05:09 GMT | Japan BoJ Interest Rate Decision steadies at 0.1% 2012-03-13 00:35 GMT | Australia National Australia Bank's Business Conditions up to 3 in Feb 2012-03-13 00:33 GMT | Australia Jan Home Loans -1.2% --------------- EURUSD : 1.31672 / 1.31680 DAILY WEEKLY MONTHLY 1.3424 | 1.3362 | 1.3291 | 1.3192 1.3078 | 1.3025 | 1.2978 | 1.2951 SUMMARY : Down TREND : Down trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD rise and formed a top at 1.3192 (R1). A break above that level would suggest target at 1.3291 (R2). On the other hand if the price does not manage to break above 1.3192 (R1) then we can expect a retest of the support level at 1.3078 (S1). A break below that level would suggest target at 1.3025 (S2). -------------- GBPUSD : 1.56494 / 1.56510 DAILY WEEKLY MONTHLY 1.5882 | 1.5834 | 1.5769 | 1.5695 1.5601 | 1.5562 | 1.5513 | 1.5467 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Neutral STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis GBPUSD after forming a top (intraday) at 1.5695 (R1), fell in yesterday’s trading session forming a new low at 1.5601 (S1). A break below that level would suggest target at 1.5562 (S2) and further fall will be limited at 1.5513 (S3). On the other hand a break above 1.5695 (R1) we expect the price to retest 1.5769 (R2) and further rise will then be limited at 1.5834 (R3) leg correction to the downtrend. ------------- USDJPY : 82.162 / 82.171 DAILY WEEKLY MONTHLY 83.61 | 83.28 | 82.97 | 82.63 81.95 | 81.46 | 81.14 | 80.58 SUMMARY : Neutral TREND : Sideway MA10 : Neutral MA20 : Neutral STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY found a strong resistance at 82.63 (R1) and trapped in a trading range between the level of 82.63 (R1) and today’s low 81.95 (S1). A break above the first resistance would suggest a target of 82.97 (R2). If price holds its momentum on the upside we can expect a further rise towards 83.28 (R3). On the other hand, if the price does not manage to break above 82.63 (R1) we can expect the pair to retest first support at 81.95 (S1). A break below that level would suggest target at 81.46 (S2) and further decline will then be limited at 81.14 (S3). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 14, 2012 Author Report Share Posted March 14, 2012 Daily Forex Market by FXCC 14Mar2012 EUR/USD weak in Asia below 1.3080 EUR/USD has been accelerating lower ahead of the London opening to just hit fresh weekly lows stalling its fall ahead of solid support area at 1.3030, lows from the first week of Feb.Support at 1.3050 failed to hold a fourth attempt at testing the area, triggering in the process an option barrier and stops clustered just underneath. If the next downside hurdle at 1.3030 is taken out, psychological round number 1.3000 will come into play ahead of 1.2975, Feb 16 low. EUR/GBP sold off aggressively overnight, and is sitting above 0.8320 support at the moment, trading within a tight 0.8322-0.8332 intraday range so far this Wednesday after erasing nearly all of last week's gains in a singe day, losing around 1%.GBP/JPY is at 130.50 now, just 9 pips below session and weekly highs, little changed since Asian open, despite the fact USD/JPY is hitting yearly highs and highest since April 2011, because at the same time Cable is deep in the red around Tokyo and NY lows. The cross climbs +1.15% for the week so far, highest since August last year. Read More https://support.fxcc.com/email/technical/14032012/ UPCOMING EVENTS 2012-03-14 09:30 GMT | United Kingdom ILO Unemployment Rate (3M) (Jan) 2012-03-14 09:30 GMT | United Kingdom Claimant Count Change (Feb) 2012-03-14 10:00 GMT | European Monetary Union Consumer Price Index (MoM) 2012-03-14 10:00 GMT | European Monetary Union Industrial Production w.d.a. FOREX NEWS 2012-03-14 04:33 GMT | Japan Industrial Production (YoY) -1.3% in Jan 2012-03-14 04:32 GMT | Japan Jan Capacity Utilization 3.4% 2012-03-14 01:08 GMT | USD/JPY at yearly highs above 83.00 2012-03-14 00:36 GMT | Australia 4Q Housing Starts (QoQ) -6.9% --------- EURUSD : 1.30410 / 1.30419 DAILY WEEKLY MONTHLY 1.3325 | 1.3291 | 1.3192 | 1.3078 1.3025 | 1.2978 | 1.2951 | 1.2913 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD fell below our yesterday’s support and the traders that didn’t close their positions last night made a profit of 36 pips! The traders that closed their positions last night they broke even. The pair is under bearish pressure, this is very clear, as both of our Moving Averages are aggressive towards the price trading above it. Our recommendation for today’s trading session is short at 1.3025 (S1) targeting second support level at 1.2978 (S2) and further decline will then focus on 1.2951 (S3). A stop loss should be placed at 1.3078 (R1). --------- GBPUSD : 1.56532 / 1.56549 DAILY WEEKLY MONTHLY 1.5943 | 1.5882 | 1.5769 | 1.5695 1.5601 | 1.5575 | 1.5523 | 1.5478 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis The GBPUSD rose on Tuesday and closed above yesterday’s resistance giving us a small profit of 19 pips. After that the price fell sharply and formed a bottom around 1.5660. We expect the price to continue its downward move as it is under bearish pressure (daily). This is also supported by the fact that both of our Moving Averages turned bearish and are moving above the price. Look for short positions in today’s trading session targeting 1.5601 (S1) and 1.5575 (S2). A stop loss should be placed above 1.5695 (R1). --------- USDJPY : 83.169 / 83.178 DAILY WEEKLY MONTHLY 84.91 | 84.69 | 84.15 | 83.61 82.63 | 81.95 | 81.46 | 81.14 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis USDJPY rise in yesterday’s trading session and broke upwards from the intraday trading range and gained a small profit of 39 pips! After that the price continued to rise towards our second resistance level. If we take a look on the intraday chart we can see that the pair is gaining strong momentum to the upside as we can also observe that the Moving Averages are providing a strong support to the pair. We remain long on our positions targeting 83.61 (R1) and further rise will then focus on 84.15 (R2). A stop loss should be placed at 82.63 (S1). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 15, 2012 Author Report Share Posted March 15, 2012 Daily Forex Market by FXCC 15Mar2012 EUR/USD on the bounce from fresh 3-week lows EUR/USD is on the bounce from fresh 3-week lows at 1.3003 since Hong Kong opened, rising a modest +0.23%, sending the pair back to previous NY close prices, and yesterday's Asian trade lows, around 1.3035.The Japanese yen is tumbling against a formidable U.S. dollar Thursday, seen gaining on its major trading counterparts across the board in the Asia-Pacific. USD/JPY is quoted in the 84.15 price zone, having pushed above psychological resistance at the 84.00 figure in recent minutes. EUR/AUD is currently at 1.2454, trading at same exact price as it was doing 2 weeks ago during Feb 23, and earlier on by Jan 25 and 05 when for first time was heading lower to all time record lows at 1.2131. EUR/JPY is currently pushing lower at 109.44 off recent session and 12-day high at 109.63, just 11 pips below of that first multi month high Feb 27 post BoJ intervention late October past year. Read More https://support.fxcc.com/email/technical/15032012/ UPCOMING EVENTS 2012-03-15 08:30 GMT | Switzerland SNB Interest Rate Decision 2012-03-15 09:00 GMT | European Monetary Union ECB Monthly Report 2012-03-15 10:00 GMT | EU - Employment Change (QoQ) (Q4) 2012-03-15 10:00 GMT | EU - Employment Change (YoY) (Q4) FOREX NEWS 2012-03-15 00:58 GMT | EUR/USD consolidates above 1.3000, support at 1.2970 2012-03-15 00:43 GMT | Australia Feb New Motor Vehicle Sales (YoY) 1.7% 2012-03-15 00:34 GMT | Australia New Motor Vehicle Sales (MoM) 0% in Feb 2012-03-15 00:00 GMT | Australia Consumer Inflation Expectation 2.7% in Mar --------- EURUSD : 1.30455 / 1.30465 DAILY WEEKLY MONTHLY 1.3344 | 1.3291 | 1.3192 | 1.3078 1.3000 | 1.2955 | 1.2912 | 1.2870 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis EURUSD the pair formed a high at 1.3291 (R3) then fell for 4 consecutive days and formed a bottom at 1.3000 (S1) a significant technical and psychological level. A break below that level will confirm our short positions targeting 1.2955 (S2) and a further fall with then be limited to 1.2912 (S3). On the other hand if the price manages to stay above the 1.3000 (S1) level we expect a retest of 1.3078 (R1) and if a break happens above that level we expect the price to move towards next upwards objective at 1.3192 (R2) and to give a "big breather" to the bulls as the 1.3000s levels are crucial to them. --------- GBPUSD : 1.56542 / 1.56558 DAILY WEEKLY MONTHLY 1.5871 | 1.5834 | 1.5788 | 1.5744 1.5601 | 1.5574 | 1.5521 | 1.5486 SUMMARY : Down TREND : Down trend MA10 : Bearish MA20 : Bearish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis GBPUSD made a sharp move upwards and successfully broke above our resistance level of 1.5695 ending our day with a loss (-45 pips). After that the price fell and now seems to be moving closer to our supports levels. A break below 1.5601 (S1) would suggest a target at 1.5574 (S2). On the other hand if the pair gains momentum upwards we expect the price to retest the 1.5744 (R1) level. Look for short positions below 1.5600 levels. --------- USDJPY : 83.823 / 83.831 DAILY WEEKLY MONTHLY 85.29 | 84.93 | 84.69 | 84.17 83.57 | 82.63 | 81.95 | 81.46 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Overbought MARKET ANALYSIS - Intraday Analysis USDJPY rise and successfully penetrated our second and third resistance confirming short position towards our targets at 84.15 gaining 95 pips of profit!!! After forming a top at our resistance level at 84.17 (R1) the price began to fall this morning and was able to come close to yesterday’s support level at 83.57 (S1). A break below that level would suggest a target at 82.63 (S2). On the other hand a break above 84.17 (R1) would suggest target at 84.69 (R2). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
alayoua Posted March 16, 2012 Author Report Share Posted March 16, 2012 Daily Forex Market by FXCC 16Mar2012 EUR/USD limited below 1.3100 awaits US CPI EUR/USD is currently resting over its ascending short term trend line started yesterday at the fresh 3-week lows 1.3003, from where it has bounced as high as 1.3120 yesterday's highs during mid NY session. The pair has pull backed since then to current session lows at 1.3066, now being in the mid price of Asian session with highs so far at 1.3100 round. AUD/JPY spent the whole of the Asia-Pacific session consolidating below the 88.00 handle, operating within a very tight range between 87.65 and 87.99, last quoted near the top of the range at 87.95, unchanged from the daily opening.he bid tone remains ever present in AUD/CAD following its overnight bounce from 3-month lows. After respecting dynamic support at the 200-day EMA and posting its first daily gain in 9 sessions on Thursday, the pair is inching higher into the 1.0460 area, now quoted just off yesterday's 1.0463 peak. Read More https://support.fxcc.com/email/technical/16032012/ UPCOMING EVENTS 2012-03-16 12:30 GMT | US - Consumer Price Index (MoM) (Feb) 2012-03-16 12:30 GMT | US - Consumer Price Index (YoY) (Feb) 2012-03-16 12:30 GMT | US - Consumer Price Index Ex Food & Energy (MoM) 2012-03-16 12:30 GMT | US - Consumer Price Index Ex Food & Energy (YoY) FOREX NEWS 2012-03-16 05:51 GMT | EUR/USD limited below 1.3100 awaits US CPI 2012-03-16 05:06 GMT | Japan Jan Coincident Index decreases to 92.7 2012-03-16 03:48 GMT | Forex: EUR/JPY threatening a push below 109.00 2012-03-16 02:32 GMT | Forex: AUD/CAD bid; resistance at 1.0485 --------- EURUSD : 1.30899 / 1.30909 DAILY WEEKLY MONTHLY 1.3347 | 1.3291 | 1.3192 | 1.3119 1.3000 | 1.2954 | 1.2912 | 1.2870 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis The EURUSD formed a top yesterday at 1.3119 (R1) and now it seems it is moving downwards to retest the support levels. The pair is at a crucial level as, if it breaks above the first resistance we expect the price to form a correction towards 1.3192 (R2) and then to continue its downward move (daily). Our recommendation for today’s session is - no position, we remain flat, until we see the reaction of the price and a clearer trend developing. --------- GBPUSD : 1.57157 / 1.57173 DAILY WEEKLY MONTHLY 1.5874 | 1.5834 | 1.5788 | 1.5744 1.5601 | 1.5574 | 1.5521 | 1.5486 SUMMARY : Neutral TREND : Neutral MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis The GBPUSD rise and closed just below our first resistance at 1.5711. After that the price fell and is now moving in a consolidation mode. By the time that the price retested our resistance level 3 times without succeeding to break above that this will keep us flat for today not risking a break below 1.5600 or above 1.5750 levels, as both of these levels are significant technical and psychological important. Our recommendation for today’s trading session is no position until we see which of the bulls or the bear will win the battle. --------- USDJPY : 83.456 / 83.461 DAILY WEEKLY MONTHLY 85.46 | 84.98 | 84.69 | 84.17 83.18 | 82.63 | 81.95 | 81.46 SUMMARY : Up TREND : Up trend MA10 : Bullish MA20 : Bullish STOCHASTIC : Neutral MARKET ANALYSIS - Intraday Analysis The USDJPY fell from 84.17 (R1) and formed a low at 83.18 (S1) after which the price rebounded from that level this morning and now it seems that it is moving upwards. A break above the first resistance level of 84.17 (R1) would suggest a target and retest of 84.69 (R2). If the price holds its momentum on the upside we can expect a further rise towards 84.98 (R3). On the other hand, if the price does not manage to break above 84.17 (S1) we can expect the pair to retest support at 83.18 (S1) and a further fall will be limited to 82.63 (S2). Source: FX Central Clearing Ltd, (http://www.fxcc.com) Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.