acfx Posted December 24, 2012 Report Share Posted December 24, 2012 Daily Technical Analysis for EURUSD as at 24th December 2012 DAILY OVERVIEW Trend : Long Ambush Zone : 1.3090 – 1.2965 Target 1 : 1.3310 Target 2 : 1.3385 Stop : < 1.2875 http://www.acfx.com/content/images/analysis/Dec%2012/2412/eur.gif Comments EURUSD is trading off its highs is now bouncing off the 8 period moving average. We continue to monitor the price action for upward momentum. Definitions Trend : Current trend as defined by technical Swing Analysis HH : Higher High HL : Higher Low LL : Lower Low LH : Lower High CofT : Change of Trend Daily Technical Analysis for GBPUSD as at 24th December 2012 DAILY OVERVIEW Trend : Long Ambush Zone : 1.6155 – 1.6065 Target 1 : 1.6305 Target 2 : 1.6620 Stop : < 1.6000 http://www.acfx.com/content/images/analysis/Dec%2012/2412/gbp.gif Comments GBPUSD has traded down to Fibonacci support. We are monitoring the price action for any upside momentum. Definitions Trend : Current trend as defined by technical Swing Analysis. HH : Higher High HL : Higher Low LL : Lower Low LH : Lower High CofT : Change of Trend Daily Technical Analysis for Gold as at 24th December 2012 DAILY OVERVIEW Trend : Short Ambush Zone : 1675 – 1705 Target 1 : 1635 Target 2 : 1590 Stop : >1725 http://www.acfx.com/content/images/analysis/Dec%2012/2412/gold.gif Comments Gold traded off the Friday morning lows to end the session higher. We are monitoring the price action for potential shorting opportunities at the 8 period moving average and Fibonacci resistance. Definitions Trend : Current trend as defined by technical Swing Analysis HH : Higher High HL : Higher Low LL : Lower Low LH : Lower High CofT : Change of Trend Daily Technical Analysis for Oil (WTI) as at 24th December 2012 DAILY OVERVIEW Trend : Short Ambush Zone : 88.80 – 91.50 Target 1 : 84.00 Target 2 : 77.25 Stop : >93.65 http://www.acfx.com/content/images/analysis/Dec%2012/2412/oil.gif Comments Oil is now trading within the Fibonacci resistance area and closed lower on Friday. We are monitoring the reaction at these levels. A weak down thrust will put further question marks on our short technical bias. Definitions Trend : Current trend as defined by technical Swing Analysis HH : Higher High HL : Higher Low LL : Lower Low LH : Lower High CofT : Change of Trend Daily Technical Analysis for USDCHF as at 24th December 2012 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9230 – 0.9320 Target 1 : 0.9085 Target 2 : 0.9040 Stop : >0.9380 http://www.acfx.com/content/images/analysis/Dec%2012/2412/chf.gif Comments We continue to monitor possible selling opportunities initially at the 8 period moving average followed by Fibonacci resistance. Definitions Trend : Current trend as defined by technical Swing Analysis HH : Higher High HL : Higher Low LL : Lower Low LH : Lower High CofT : Change of Trend Daily Technical Analysis for USDJPY as at 24th December 2012 DAILY OVERVIEW Trend : Long Ambush Zone : 83.15 – 82.35 Target 1 : 84.60 Target 2 : 85.50 Stop : <81.65 http://blog.acfx.com/daily-technical-analysis/daily-technical-analysis-297/ Comments We continue to monitor possible buying opportunities initially at the 8 period moving average followed by Fibonacci support. Definitions Trend : Current trend as defined by technical Swing Analysis HH : Higher High HL : Higher Low LL : Lower Low LH : Lower High CofT : Change of Trend Quote Link to comment Share on other sites More sharing options...
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