acfx Posted February 11, 2013 Report Share Posted February 11, 2013 Daily Technical Analysis for EURUSD as at 11TH February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1.3485 -1.3360 Target 1 : 1.3710 Target 2 : 1.4250 Stop : <1.3263 http://www.acfx.com/content/images/analysis/Feb12/1102/eur.gif Comments EURUSD continues to trade above a recent congestion area and movingaverage. A break beneath this area will mean that we would have to reevaluatethe current long bias with Target 1 being the last isolated HH. Definitions Trend : Currenttrend 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 February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 1.5780– 1.5845 Target 1 : 1.5675 Target 2 : 1.5485 Stop : >1.5895 http://www.acfx.com/content/images/analysis/Feb12/1102/gbp.gif Comments GBPUSD this morning is making another attempt to breach the upwardsloping trend line. A break above this line could see GBPUSD move up to themulti month downward sloping trend line. Alternatively a failure to tradehigher could see GBPUSD make another attempt to break the upward sloping trendline. Definitions Trend : Current trend asdefined by technical Swing Analysis. HH : HigherHigh HL : HigherLow LL : LowerLow LH : LowerHigh CofT : Change of Trend Daily Technical Analysis for USDCHF as at 11th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9205– 0.9310 Target 1 : 0.9020 Target 2 : 0.8930 Stop : >0.9390 http://www.acfx.com/content/images/analysis/Feb12/1102/chf.gif Comments As posted previously “USDCHF has traded back to just beneath Fibonacciresistance. We are monitoring the price action for a possible negative rotationat these levelsâ€. Definitions Trend : Current trend asdefined 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 February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - http://www.acfx.com/content/images/analysis/Feb12/1102/jpy.gif Comments As posted previously “USDJPY has traded back to the 8 period movingaverages. We are monitoring the price action as previous touches of thisaverage have shown to be good supportâ€. Definitions Trend : Current trend asdefined 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 11th February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1661.10– 1640.80 Target 1 : 1696.40 Target 2 : 1723.30 Stop : <1625.80 http://www.acfx.com/content/images/analysis/Feb12/1102/gold.gif Comments As posted previously “Gold continues to bounce around the Fibonaccisupport area. We are monitoring the possibility of a move to Target 1â€. Definitions Trend : Current trend as definedby 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 February2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - http://www.acfx.com/content/images/analysis/Feb12/1102/oil.gif Comments Oil continues to trade beneath the 8 period moving averages. The twoshort term scenarios we envisage are that Oil could possibly trades back to the34 period moving averages where support may come in or that make an attempt totrade up to and possibly breach the last isolated HH. Definitions Trend : Current trend asdefined 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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