acfx Posted January 11, 2013 Report Posted January 11, 2013 Daily Technical Analysis for Gold as at 11th January 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 1660 – 1680 Target 1 : 1625 Target 2 : 1590 Stop : >1695 http://i1359.photobu...zpscf6513ce.gif Comments Yesterday we saw a strong positive move into Fibonacci resistance. We continue to monitor the price action for signs of weakness and possible resumption of the prior down trend. 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 11th January 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - http://i1359.photobu...zps60d7f5d3.gif Comments USDJPY continues to trade higher with only brief pauses of consolidation. Our bias is long but with no Swing set up for the time being. 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 11thJanuary 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1.3090 – 1.2965 Target 1 : 1.3310 Target 2 : 1.3385 Stop : < 1.2875 http://i1359.photobu...zpsb21a1029.gif Comments Yesterday afternoon we saw a strong move away from Fibonacci support into the direction of Target 1. We continue to monitor a possible move and breach of Target 1. 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 11th January 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9230 – 0.9320 Target 1 : 0.9080 Target 2 : 0.9040 Stop : 0.9380 http://i1359.photobu...zps4e02e598.gif Comments USDCHF yesterday experienced a strong negative move away from Fibonacci resistance. We continue to monitor the price action for a possible move to and breach of Target 1. 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 11th January 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 89.55 – 87.00 Target 1 : 93.80 Target 2 : 100.40 Stop : <85.20 http://i1359.photobu...zps354b26b4.gif Comments Oil attempted to breach the downward sloping trend line only for the move to be rejected. We are monitoring the price action for a number of possible scenarios the most obvious being a further attempt to breach resistance or a pull back towards 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 Daily Technical Analysis for GBPUSD as at 11th January 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1.6105 – 1.5945 Target 1 : 1.6385 Target 2 : 1.6620 Stop : <1.5825 http://i1359.photobu...zps5cd554ab.gif Comments GBPUSD yesterday saw a strong positive reaction and move away from Fibonacci support. We continue to monitor a possible move to Target 1. 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
monim1 Posted May 8, 2013 Report Posted May 8, 2013 Daily analysis is important for forex trading.If you are new in trading then you must meet with Forex metal.Forex metal provides best information about daily analysis. Quote
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