acfx Posted December 28, 2012 Report Share Posted December 28, 2012 Daily Technical Analysis for EURUSD as at 28 th December 2012 DAILY OVERVIEW Trend : Long Ambush Zone : 1.3090 – 1.2965 Target 1 : 1.3310 Target 2 : 1.3385 Stop : < 1.2875 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 28 th December 2012 DAILY OVERVIEW Trend : Long Ambush Zone : 1.6155 – 1.6065 Target 1 : 1.6305 Target 2 : 1.6620 Stop : < 1.6000 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 28 th December 2012 DAILY OVERVIEW Trend : Short Ambush Zone : 1675 – 1705 Target 1 : 1635 Target 2 : 1590 Stop : >1725 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 28 th December 2012 DAILY OVERVIEW Trend : Short Ambush Zone : 88.80 – 91.50 Target 1 : 84.00 Target 2 : 77.25 Stop : >93.65 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 28 th December 2012 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9230 – 0.9320 Target 1 : 0.9085 Target 2 : 0.9040 Stop : >0.9380 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 28 th December 2012 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments USDJPY continues to trade higher. 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 Quote Link to comment Share on other sites More sharing options...
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