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Daily Technical Analysis for EURUSD as at 27
th
December 2012

DAILY OVERVIEW

Trend : Long

Ambush Zone : 1.3090 – 1.2965

Target 1 : 1.3310

Target 2 : 1.3385

Stop : < 1.2875

Daily Technical Analysis for EURUSD as at 27th December 2012 DAILY OVERVIEW Trend{

Comments

EURUSD is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Long

Ambush Zone : 1.6155 – 1.6065

Target 1 : 1.6305

Target 2 : 1.6620

Stop : < 1.6000

gbp.gif

Comments

GBPUSD is trading within its Fibonacci support area. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Short

Ambush Zone : 1675 – 1705

Target 1 : 1635

Target 2 : 1590

Stop : >1725

gold.gif

Comments

Gold is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Short

Ambush Zone : 88.80 – 91.50

Target 1 : 84.00

Target 2 : 77.25

Stop : >93.65

oil.gif

Comments

Oil continues to trade higher within its Fibonacci resistance area and experienced a strong Boxing Day rally that has so far continue through to the European session. Technically the bias is to the short side but the current positive price action has been noted.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Short

Ambush Zone : 0.9230 – 0.9320

Target 1 : 0.9085

Target 2 : 0.9040

Stop : >0.9380

chf.gif

Comments

USDCHF is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Long

Ambush Zone : -

Target 1 : -

Target 2 : -

Stop : -

jpy.gif

Comments

USDJPY gapped and traded higher on Boxing Day and this positive move has continued through to this morning’s European session. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside moment is possible.

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 EURUSD as at 27
th
December 2012

DAILY OVERVIEW

Trend : Long

Ambush Zone : 1.3090 – 1.2965

Target 1 : 1.3310

Target 2 : 1.3385

Stop : < 1.2875

eur.gif

Comments

EURUSD is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Long

Ambush Zone : 1.6155 – 1.6065

Target 1 : 1.6305

Target 2 : 1.6620

Stop : < 1.6000

gbp.gif

Comments

GBPUSD is trading within its Fibonacci support area. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Short

Ambush Zone : 1675 – 1705

Target 1 : 1635

Target 2 : 1590

Stop : >1725

gold.gif

Comments

Gold is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Short

Ambush Zone : 88.80 – 91.50

Target 1 : 84.00

Target 2 : 77.25

Stop : >93.65

oil.gif

Comments

Oil continues to trade higher within its Fibonacci resistance area and experienced a strong Boxing Day rally that has so far continue through to the European session. Technically the bias is to the short side but the current positive price action has been noted.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Short

Ambush Zone : 0.9230 – 0.9320

Target 1 : 0.9085

Target 2 : 0.9040

Stop : >0.9380

chf.gif

Comments

USDCHF is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27
th
December 2012

DAILY OVERVIEW

Trend : Long

Ambush Zone : -

Target 1 : -

Target 2 : -

Stop : -

jpy.gif

Comments

USDJPY gapped and traded higher on Boxing Day and this positive move has continued through to this morning’s European session. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside moment is possible.

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

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