Market Overview by FXCC

[alayoua]

Daily Technical Analysis by FXCC December 01

 

Daily Technical Analysis by FXCC December 01

 

Euro vs. US Dollar (EURUSD):The EURUSD bias is neutral. Upper barrier is at (1.35428), break above that area could trigger further short term upside pressure testing (1.36863). On the downside, the important price level at (1.32490) may be tested or broken in the coming sessions, which may pull the pair towards (1.32940 – 1.32121). We prefer to wait for break of upper or lower barrier.

 

http://farm8.staticflickr.com/7164/6435221347_f26345ed15.jpg

 

R1: 1.35328| R2: 1.36863| R3: 1.38397| R4: 1.39601| R5: 1.41135

S1: 1.33986| S2: 1.33540| S3: 1.32940| S4: 1.32121| S5: 1.31387

 

Great Britain Pound vs. US Dollar (GBPUSD):We see high chances of the pair move in a range between (1.57899 – 1.55159). A proper move above (1.57899) confirms a probable rally towards (1.61776). However, if GBPUSD manage to close below (1.55159) will support a call for bid tone.

We need to keep a closer look on how prices would behave on today`s trading session.

 

http://farm8.staticflickr.com/7012/6435221413_14a7627d36.jpg

 

R1: 1.57635| R2: 1.59236| R3: 1.60673| R4: 1.61776| R5: 1.63213

S1: 1.56122| S2: 1.55593| S3: 1.54948| S4: 1.54296| S5: 1.53053

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY):The bias remains neutral in nearest term. A need for a clear break from the range area (78.254 – 77.231) so we can see clearer direction. Break below (77.231) could trigger further bearish pressure targeting (76.052) and keep the major bearish scenario remains strong while break above (78.254) could trigger further bullish correction testing (79.344). We should wait for the victory of either team players (Bulls or Bears).

 

http://farm8.staticflickr.com/7022/6435221475_ff4f20785a.jpg

 

R1: 78.066| R2: 78.521| R3: 78.889| R4: 79.344| R5: 79.712

S1: 77.243| S2: 76.875| S3: 76.420| S4: 76.052| S5: 75.752

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC December 02

 

Daily Technical Analysis by FXCC December 02

 

Euro vs US Dollar Overall the direction remains unclear. EURUSD might close below (1.34070). If seen this will call for more declines to the (1.33198) level. Further down, support is located at (1.32725). Alternatively, above the (1.35310) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.37235).

Look for a close above/below either barrier.

 

http://farm8.staticflickr.com/7166/6440445255_d650634aff.jpg

 

R1: 1.35155 | R2: 1.35685 | R3: 1.36195 | R4: 1.36742 | R5: 1.37235

S1: 1.34170 | S2: 1.33731 | S3: 1.33198 | S4: 1.32725 | S5: 1.32121

 

 

Great Britian Pound vs US Dollar We hold a view of the instrument moving in the range of (1.57899 – 1.56267). We have to wait and watch the movement of the instrument from current levels.

We need to keep a closer look on how prices would behave on today`s trading session.

 

http://farm8.staticflickr.com/7005/6440445311_cd0893c10c.jpg

 

R1: 1.57497 | R2: 1.58121 | R3: 1.58686 | R4: 1.59310 | R5: 1.59875

S1: 1.56308 | S2: 1.55743 | S3: 1.55181 | S4: 1.54584 | S5: 1.54084

 

 

 

US Dollar vs Japanise Yen We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (77.231) zones.

A proper confirmation would occur if the USDJPY will manage to overcome the (77.992) resistance.

Longing USDJPY is advisable for today.

 

http://farm8.staticflickr.com/7033/6440445389_2547085086.jpg

 

R1: 77.992 | R2: 78.322 | R3: 78.622 | R4: 78.922 | R5: 79.222

S1: 77.332 | S2: 77.024 | S3: 76.724 | S4: 76.424 | S5: 76.124

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC December 05

 

Daily Technical Analysis by FXCC December 05

 

 

Euro vs US Dollar EURUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (1.35578) will call for (1.36888), and Loss of (1.33530) sees (1.32725).

We should wait for a clearer outlook on EURUSD.

 

http://farm8.staticflickr.com/7163/6458545483_8980936688.jpg

 

R1: 1.34729 | R2: 1.35210 | R3: 1.36183 | R4: 1.36888 | R5: 1.38031

S1: 1.33731 | S2: 1.33192 | S3: 1.32725 | S4: 1.32121 | S5: 1.31344

 

 

 

Great Britian Pound vs US Dollar The GBPUSD still trapped in range area of (1.57656– 1.55665). A break in either direction will determine the trading bias in today`s session. Break below (1.55665) could trigger further bearish pressure targeting (1.53334), while break above (1.57656) could trigger further bullish advances testing (1.59294).

You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7144/6458545567_0cc72cba17.jpg

 

R1: 1.56864 | R2: 1.57556 | R3: 1.58354 | R4: 1.59294 | R5: 1.59844

S1: 1.55374 | S2: 1.54824 | S3: 1.54296 | S4: 1.53334 | S5: 1.52834

 

 

US Dollar vs Japanise Yen We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (77.231) zones.

A proper confirmation would occur if the USDJPY will manage to overcome the (78.524) resistance.

Look for long positions for current trading session.

 

http://farm8.staticflickr.com/7167/6458545711_d6cfaa37ff.jpg

 

R1: 78.524 | R2: 78.921 | R3: 79.221 | R4: 79.521 | R5: 79.821

S1: 77.622 | S2: 77.109 | S3: 76.809 | S4: 76.509 | S5: 76.209

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC December 06

 

Daily Technical Analysis by FXCC December 06

 

 

Euro vs US Dollar The EURUSD still trapped in range area of (1.34966– 1.33530). A break in either direction will determine the trading bias in today`s session. Break below (1.33530) could trigger further bearish pressure targeting (1.31969), while break above (1.34966) could trigger further bullish advances testing (1.35780).

We do not see any trading opportunities on the current market condition.

 

http://farm8.staticflickr.com/7031/6464800857_bdc706fba4.jpg

 

R1: 1.34429 | R2: 1.34866 | R3: 1.35323 | R4: 1.35780 | R5: 1.36441

S1: 1.33544 | S2: 1.33087 | S3: 1.32590 | S4: 1.31969 | S5: 1.31569

 

Great Britian Pound vs US Dollar The GBPUSD bias is neutral. Upper barrier is at (1.57276), break above that area could trigger further short term upside pressure testing (1.57799). On the downside, the important price level at (1.55665) may be tested or broken in the coming sessions, which may pull the pair towards (1.54690 – 1.53847).

We need to hold for current session.

 

http://farm8.staticflickr.com/7161/6464801049_684bc7d92f.jpg

 

 

R1: 1.57153 | R2: 1.57799 | R3: 1.58480 | R4: 1.59155 | R5: 1.59807

S1: 1.55826 | S2: 1.55259 | S3: 1.54690 | S4: 1.53847 | S5: 1.53347

 

 

US Dollar vs Japanise Yen Strength in USDJPY is likely to continue.

We see a less chances of an immediate fall on the instrument for short-term technical outlook.

Next upside barriers follow (78.110) at (78.467) and (78.886).

Long positions are favored for today.

 

http://farm8.staticflickr.com/7011/6464801099_a4fed7cef3.jpg

 

R1: 78.110 | R2: 78.467 | R3: 78.886 | R4: 79.186 | R5: 79.486

S1: 77.451 | S2: 77.032 | S3: 76.732 | S4: 76.432 | S5: 76.132

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC December 07

 

Daily Technical Analysis by FXCC December 07

 

Euro vs. US Dollar (EURUSD): Overall the direction remains unclear. EURUSD might close below

(1.33507). If seen this will call for more declines to the (1.32522) level. Further down, support

is located at (1.31979). Alternatively, above the (1.34378) level it will to be traded to resume its

medium term uptrend towards its important resistance at (1.36710). We prefer to wait for break of

upper or lower barrier.

 

http://farm8.staticflickr.com/7155/6470589421_199fda446c.jpg

 

R1: 1.34729| R2: 1.35210| R3: 1.35767| R4: 1.36310| R5: 1.36710

S1: 1.33630| S2: 1.32940| S3: 1.32522| S4: 1.31979| S5: 1.31579

 

 

Great Britain Pound vs. US Dollar (GBPUSD): GBPUSD is at a crossroads, the instrument has a 50 –

50 chance of a recovery above (1.57276) or a fall towards (1.55512) in the coming session. We have

to wait and watch the movement of the instrument from current levels.

We prefer to wait for break of upper or lower barrier.

 

http://farm8.staticflickr.com/7170/6470589471_26b68345d7.jpg

 

R1: 1.56544| R2: 1.57106| R3: 1.57799| R4: 1.58600| R5: 1.59100

S1: 1.55259| S2: 1.54690| S3: 1.54022| S4: 1.53522| S5: 1.53022

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): Strength in USDJPY is likely to continue.

We see a less chances of an immediate fall on the instrument for short-term technical outlook.

Next upside barriers follow (78.055) at (78.355) and (78.655). Try to buy on depth with a stop loss

below (77.537).

 

http://farm8.staticflickr.com/7015/6470589355_52b0e1614b.jpg

 

R1: 78.055| R2: 78.355| R3: 78.655| R4: 78.955| R5: 79.255

S1: 77.401| S2: 77.101| S3: 76.801| S4: 76.501| S5: 76.201

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 08Dec2011

 

Daily Technical Analysis by FXCC 08Dec2011

 

Euro vs. US Dollar (EURUSD): We see high chances of the pair move in a range between (1.35310

– 1.3370). A proper move above (1.35310) confirms a probable rally towards (1.36742). However, if

EURUSD manage to close below (1.3370) will support a call for bid tone. We prefer to wait for break

of upper or lower barrier.

 

http://farm8.staticflickr.com/7022/6475780809_0c2d73d861.jpg

 

R1: 1.35155| R2: 1.35685| R3: 1.36195| R4: 1.36742| R5: 1.37235

S1: 1.34170| S2: 1.33731| S3: 1.33198| S4: 1.32725| S5: 1.32121

 

Great Britain Pound vs. US Dollar (GBPUSD): We see high chances of the pair move in a range

between (1.57336 – 1.55844). A proper move above (1.57336) confirms a probable rally towards

(1.60670). However, if GBPUSD manage to close below (1.55844) will support a call for bid tone.

You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7020/6475780855_2815a2d542.jpg

 

R1: 1.57799| R2: 1.58872| R3: 1.60170| R4: 1.60670| R5: 1.61170

S1: 1.56562| S2: 1.55944| S3: 1.55259| S4: 1.54690| S5: 1.54160

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): We see high chances of the pair move up gradually

towards (78.327 – 78.627). A proper confirmation would occur if the USDJPY will manage to

overcome the (78.027) resistance over today`s trading session. Look for long positions for current

trading session.

 

http://farm8.staticflickr.com/7013/6475780735_bc6817ecb4.jpg

 

R1: 78.027| R2: 78.327| R3: 78.627| R4: 78.927| R5: 79.227

S1: 77.359| S2: 77.059| S3: 76.759| S4: 76.459| S5: 76.159

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 09Dec2011

 

Daily Technical Analysis by FXCC 09Dec2011

 

Euro vs US Dollar Overall the direction remains unclear. EURUSD might close below (1.32789). If seen this will call for more declines to the (1.30955) level. Further down, support is located at (1.30218). Alternatively, above the (1.34400) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.37034).

We should wait for a clearer outlook on EURUSD.

 

http://farm8.staticflickr.com/7174/6480731209_8280064f4b.jpg

 

R1: 1.34170| R2: 1.34729| R3: 1.35210| R4: 1.36067| R5: 1.37034

S1: 1.32940| S2: 1.31922| S3: 1.30955| S4: 1.30218| S5: 1.29818

 

 

Great Britian Pound vs US Dollar GBPUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (1.57797) will call for (1.58883), and Loss of (1.55844) sees (1.54095).

We need to hold for today.

 

http://farm8.staticflickr.com/7012/6480731273_abae25b2f7.jpg

 

R1: 1.57176| R2: 1.57697| R3: 1.58290| R4: 1.58883| R5: 1.59886

S1: 1.55691| S2: 1.55098| S3: 1.54095| S4: 1.53502| S5: 1.53002

 

 

US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (77.940) will call for (79.543), and Loss of (77.028) sees (76.182).

We prefer to wait for break of upper or lower barrier.

 

http://farm8.staticflickr.com/7016/6480731313_91e0d315fb.jpg

 

R1: 78.110| R2: 78.575| R3: 79.243| R4: 79.543| R5: 79.843

S1: 77.331| S2: 76.850| S3: 76.182| S4: 75.882| S5: 75.582

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 12Dec2011

 

Daily Technical Analysis by FXCC 12Dec11

 

 

Euro vs US Dollar Weakness in EURUSD is likely to continue.

We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (1.33331) at (1.32889) and (1.32127).

Look for short positions for current trading session.

 

http://farm8.staticflickr.com/7170/6497789203_d57c67cb9c.jpg

 

R1: 1.34278 | R2: 1.34866 | R3: 1.35478 | R4: 1.36012 | R5: 1.36699

S1: 1.33331 | S2: 1.32889 | S3: 1.32127 | S4: 1.31440 | S5: 1.30603

 

 

 

Great Britian Pound vs US Dollar The outlook has grown increasingly bullish since GBPUSD had remained above its latest swing low at (1.55747).

If this support level is broken to the downside, the outlook will deteriorate.

We will try to buy GBPUSD from our mentioned support levels.

 

http://farm8.staticflickr.com/7002/6497789295_41c1e98ff3.jpg

 

R1: 1.57176 | R2: 1.57697 | R3: 1.58855 | R4: 1.59603 | R5: 1.60356

S1: 1.55944 | S2: 1.55100 | S3: 1.54352 | S4: 1.53599 | S5: 1.53099

 

 

 

US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (77.940) will call for (78.881), and Loss of (77.028) sees (76.701).

Look for a close above/below either barrier.

 

http://farm8.staticflickr.com/7010/6497789395_4a7e024514.jpg

 

R1: 77.981 | R2: 78.281 | R3: 78.581 | R4: 78.881 | R5: 79.181

S1: 77.301 | S2: 77.001 | S3: 76.701 | S4: 76.401 | S5: 76.101

 

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Why forex?

 

WHY FOREX?

 

Faced with a vast array of markets and securities to trade it’s small wonder that retail traders often ask why they should specialise in forex and not equities, futures, or commodities? What are the major benefits to trading forex over and above trading other markets? What has underpinned the massive growth in the retail forex market over the past ten years?

 

Not all traders are ‘fans’ of forex trading and justifiably they’ll point out the faults, some of which we’ll talk through and debunk during this article to arrive at the conclusion as to why trading the FX markets, as a retail trader, makes perfect sense.

 

Limited Choice

When you consider that there are circa 4,500 stocks listed on the New York Stock exchange, 3,500 on the NASDAQ and that this is only one country’s bourses which equities will you decide to trade? Will you simply trade any equity according to; fundamentals, the noise from the squawk, or Bloomberg or Reuters, will you attempt to get in front of their numbers and results? Perhaps you’ll choose to do some technical analysis, the most basic being is the equity “overbought” or “oversold” in relation to its sector? An impossible management task for even the most sophisticated hedge funds, investment banks and algorithms.

 

I know equity traders who only trade certain sectors and drill down their trading to only a select few US stocks in that sector, for example, Google, Apple, Microsoft, Verizon. The irony is that these contacts of mine are adopting the same principles a successful forex trader would adopt, by only selecting 3-4 equites to trade they are mimicking similar behaviour to that of an FX trader who selects perhaps 4 pairs to monitor for the right set up.

 

Low Barriers to Entry

Many ‘anti’ FX traders will refer to the low barriers to entry in the FX market as a draw back when in fact it’s a huge benefit. Many traders will arrive at the markets due to a change in personal circumstances or a desire to seek out a new direction or challenge. Why should that desire be hampered by restrictive entry capital? Used correctly the leverage permitted in FX trading can always work to the trader’s advantage. Far better to risk and obligate €5000 to your new business venture as opposed to risking €50000, surely whilst learning any new self employed profession the less risk you take the better?

 

Liquidity and Size of Market

The FX market dwarfs all stock markets in volume. The figures for FX transactions are put at circa $4 trillion each day. Estimates put the New York Stock Exchange (NYSE) trading at circa $30 billion a day. The entire U.S. stock market trades circa $200 billion daily. The Futures market trades circa $500 billion daily. In terms of liquidity nothing surpasses the FX markets and whilst there are times during the day when the trading of certain pairs falls away, the market is, (during the Sun – Fri open) always ‘open’. The forex market is a seamless 24-hour market. The vast majority of brokers are open for business from Sunday at 4:00 pm EST until Friday at 4:00 pm EST, with their dedicated customer service divisions usually available 24/7. With the ability to trade during the U.S., Asian, and European market hours, you can easily customise your own trading schedule to fit around these market times.

 

Spotting Your Trades

In spot currency trading there are dozens of currencies traded, the majority of market players trade the four major pairs. Four pairs are much easier to trade than thousands of stocks. Even if you look for the same set up to occur on more currency pairs, (perhaps as many as nine pairs before correlations render it excessive), traders can monitor this level of activity quite simply.

 

Low Costs

The vast majority of reputable forex brokers charge little or no commission or additional transactions fees to trade currencies online or over the phone. Combine this with the tight, consistent, and fully transparent spreads and you quickly realise that forex trading costs are lower than those of any other market. Most brokers are compensated for their services through the bid/ask spread. The spread you’re charged is their profit.

 

Straight Through to the Market, No Intervention

Your forex trades are instantly executed under normal market conditions. Under these conditions, usually the price shown when you execute your market order is the price you get. You’re able to execute directly off real-time streaming prices. However, many brokers only guarantee stop, limit, and entry orders under normal market conditions. Trading during a market event, such as NFP day, or a Greece prime minister putting his country’s EU membership to a referendum, would not fall under the description of “normal market” conditions. Fills are instantaneous most of the time, but under extraordinarily volatile market conditions order execution may experience slight lagging delays.

 

Limited Risks

Forex trading offers the advantage of limited risk, one of the biggest advantages over the futures market. When you buy a futures contract, you are obligated to buy or sell a specific amount of a specific security or commodity at a specific time for a specific price. If you buy a futures contract to sell oil and news breaks that Renault are giving away water powered trucks and cars and Ford etc will follow suit, then the price on your contracts will drop through the floor, limits will drop, and you could be buried in your position finally taking massive losses. This could not happen in the forex market were you can simply exit your position.

 

No Restrictions

There are no restrictions on short selling in the currency market. Trading opportunities exist in the currency market regardless of whether a trader is long or short, whichever way the market is moving. Since currency trading always involves buying one currency and selling another, there is no structural ‘bias’ to the market. Therefore you always have equal access to trade in a rising or falling market.

 

Lower Margin Requirement

Margin requirements are significantly lower in forex trading than equity or futures trading. Whilst the level of margin allowed is determined by each broker, the restrictions are usually much less stringent when trading forex. Margin allows the investor to leverage, theoretically you borrow from the broker to invest in your own account. While this can be risky, it can also be very lucrative and profitable.

 

For example, you have €10,000 of your own money to invest, if you open up a margin account at an equity broker, you can usually margin up to 50% of the value of stock. So if you buy €10,000 in Apple stock, you can borrow another €5,000 to own a total of €15,000 in value. With your forex account, the margin requirement is often as low as 1%. Which means that if you buy €10,000 in Euros, you can use your broker’s money to buy another €1,000,000. So technically you own over $1 million in Euros.

 

If the value of each investment increases by 10% then your €15,000 in Apple stock is now worth €16,500. You then sell it, ‘pay back’ the €5,000 you borrowed, and you remain €1,500 in profit. Your return on investment (ROI) is 15%. If your Euros went up 10%, your €1 million is now worth €1.1 million. After selling and repaying your broker, your profit is €100,000 before any interest. That’s a return on investment of over 1,000%. Naturally you have to be careful when trading on margin, if the transaction highlighted went against you then you’d be in a much bigger drawdown in the forex scenario, however, you can close the trade before you reach such extremes. The potential for enormous gain is obvious, the major reason why forex trading attracts serious investors.

 

No Middleman

Centralised exchanges can provide many advantages to the trader. One drawback with centralised exchanges is the involvement of middlemen. Parties located in between the trader, buyer or seller of the security add a layer of cost. The cost can be quantified either in time, fees or both. Spot currency trading is decentralised, quotes vary from different currency dealers and liquidity providers. Competition is so fierce that you are always assured that you get the best quotes. Forex traders get quicker access and cheaper costs. With the advancement of ECN, NDD and STP and as the liquid pools of quotes from banks is constantly changing you can be assured that the quote you obtain will be as close to the best the market can provide.

Read the full story.....

 

Source: FX Central Clearing Ltd, (FXCC BLOG)

http://blog.fxcc.com/why-forex/

[alayoua]

Daily Technical Analysis by FXCC 13Dec11

 

Daily Technical Analysis by FXCC 13Dec11

 

Euro vs. US Dollar (EURUSD): We see high chances of the pair move down gradually towards (1.30261 – 1.28893). A proper confirmation would occur if the EURUSD will manage to close below the (1.31069) support over today`s trading session. Try to sell on rallies with a stop loss above (1.34438).

 

http://farm8.staticflickr.com/7019/6503954047_351d7cb530.jpg

 

R1: 1.32437| R2: 1.32889| R3: 1.33331| R4: 1.33744| R5: 1.34278

S1: 1.31069| S2: 1.30261| S3: 1.28893| S4: 1.28085| S5: 1.2768

 

Great Britain Pound vs. US Dollar (GBPUSD): We see high chances of the pair move in a range between (1.56675 – 1.55270). A proper move above (1.56675) confirms a probable rally towards (1.58329). However, if GBPUSD manage to close below (1.55270) will support a call for bid tone.

You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7033/6503953183_b5c4ed8d19.jpg

 

R1: 1.56375| R2: 1.57124| R3: 1.57672| R4: 1.58329| R5: 1.58877

S1: 1.55262| S2: 1.54714| S3: 1.54057| S4: 1.53509| S5: 1.53009

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): Overall the direction remains unclear. USDJPY might close below (77.028). If seen this will call for more declines to the (76.604) level. Further down, support is located at (76.304). Alternatively, above the (78.102) level it will to be traded to resume its medium term uptrend towards its important resistance at (79.628). You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7169/6503953081_2fa0c522e1.jpg

 

R1: 78.272| R2: 78.728| R3: 79.028| R4: 79.328| R5: 79.628

S1: 77.360| S2: 76.904| S3: 76.604| S4: 76.304| S5: 76.004

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[Kristianto]

95% lose money trading forex...

[alayoua]

Daily Technical Analysis by FXCC 14Dec11

 

Daily Technical Analysis by FXCC 14Dec11

 

 

Euro vs. US Dollar (EURUSD): We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.32467) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.29512) support level.

We will try to sell EURUSD from our mentioned resistance levels.

 

http://farm8.staticflickr.com/7143/6509677251_5de2f6ea27.jpg

 

R1: 1.30939| R2: 1.31607| R3: 1.32367| R4: 1.32814| R5: 1.33218

S1: 1.29512| S2: 1.28660| S3: 1.27233| S4: 1.26381| S5: 1.25981

 

Great Britain Pound vs. US Dollar (GBPUSD): The outlook has grown increasingly bearish since GBPUSD had remained below its latest swing high at (1.56397).If this resistance level is broken to the upside, the outlook will deteriorate. Our bias is on selling GBPUSD with a stop loss above (1.56397) for today.

 

http://farm8.staticflickr.com/7150/6509677297_bc55071555.jpg

 

R1: 1.55370| R2: 1.55883| R3: 1.56575| R4: 1.57176| R5: 1.57697

S1: 1.54094| S2: 1.53406| S3: 1.52305| S4: 1.51617| S5: 1.51117

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): We see high chances of the pair move in a range between (78.115 – 77.542). A proper move above (78.115) confirms a probable rally towards (79.464). However, if USDJPY manage to close below (77.542) will support a call for bid tone.

You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7148/6509677327_3e60f3f8fe.jpg

 

R1: 78.491| R2: 78.864| R3: 79.164| R4: 79.464| R5: 79.764

S1: 77.642| S2: 77.134| S3: 76.834| S4: 76.534| S5: 76.234

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 15Dec11

 

Daily Technical Analysis by FXCC 15Dec11

 

Euro vs. US Dollar (EURUSD): We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.28096). Another move back above (1.32467) could lead us to neutral zone. We will be looking to sell EURUSD upon any price retracement.

 

http://farm8.staticflickr.com/7035/6514865013_9aea12f4a7.jpg

 

R1: 1.30476| R2: 1.31155| R3: 1.31607| R4: 1.32345| R5: 1.32814

S1: 1.29286| S2: 1.28775| S3: 1.28096| S4: 1.27585| S5: 1.27185

 

Great Britain Pound vs. US Dollar (GBPUSD): We see better value in short positions.

If the price will go below the first support at (1.54083), this would confirm continuation of the bearish trend, towards next objective downwards (1.53441) then (1.52800) and (1.52209) will follow. Try to sell on rallies with a stop loss above (1.56397).

 

http://farm8.staticflickr.com/7171/6514864969_7fd56560aa.jpg

 

R1: 1.55264| R2: 1.55847| R3: 1.56375| R4: 1.57137| R5: 1.57697

S1: 1.54083| S2: 1.53441| S3: 1.52800| S4: 1.52209| S5: 1.51709

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties. A close above (78.259) will call for (79.315), and Loss of (77.821) sees (76.828). We need to hold for today.

 

http://farm8.staticflickr.com/7009/6514864919_7cb4a6fc2f.jpg

 

R1: 78.415| R2: 78.715| R3: 79.015| R4: 79.315| R5: 79.615

S1: 77.701| S2: 77.128| S3: 76.828| S4: 76.528| S5: 76.228

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 16Dec11

 

Daily Technical Analysis by FXCC 16Dec11

 

Euro vs US Dollar We believe that possible bearishness could be seen during this trading session.

Immediate resistance is at (1.32467). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.

You may try to sell from (1.30578), (1.31003), and (1.31508) with a stop loss above (1.32467).

 

http://farm8.staticflickr.com/7156/6519700583_6ab6e1171d.jpg

 

R1: 1.30578| R2: 1.31003| R3: 1.31508| R4: 1.31933| R5: 1.32367

S1: 1.29648| S2: 1.29143| S3: 1.28718| S4: 1.28213| S5: 1.27813

 

 

 

Great Britian Pound vs US Dollar The bias remains neutral in nearest term. A need for a clear break from the range area (1.56397 – 1.53983) so we can see clearer direction. Break below (1.53983) could trigger further bearish pressure targeting (1.52491) and keep the major bearish scenario remains strong while break above (1.56397) could trigger further bullish correction testing (1.57348).

We need to keep a closer look on how prices would behave on today`s trading session.

 

http://farm8.staticflickr.com/7173/6519700627_ab4c1c6a42.jpg

 

R1: 1.55724| R2: 1.56297| R3: 1.56839| R4: 1.57348| R5: 1.57848

S1: 1.54533| S2: 1.53953| S3: 1.52991| S4: 1.52491| S5: 1.51991

 

 

 

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (78.259 – 77.635). A proper move above (78.259) confirms a probable rally towards (79.188). However, if USDJPY manage to close below (77.635) will support a call for bid tone.

We need to hold for today.

 

http://farm8.staticflickr.com/7166/6519700655_295f6d997c.jpg

 

R1: 78.159| R2: 78.483| R3: 78.888| R4: 79.188| R5: 79.488

S1: 77.502| S2:77.128| S3: 76.828| S4: 76.528| S5: 76.228

 

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[pipsy]

95% lose money trading forex...

 

I think you can make it with enough determination, patience, endurance, organisation - just like in any other part of life. Treat it as a business. At least this is what I am trying to do...

[alayoua]

Daily Technical Analysis by FXCC 19Dec11

 

Daily Technical Analysis by FXCC 19Dec11

 

 

Euro vs US Dollar We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.28613). Another move back above (1.32467) could lead us to neutral zone.

You may try to sell from (1.30841), (1.31292), and (1.31742) with a stop loss above (1.32467).

 

http://farm8.staticflickr.com/7165/6536529557_b9b48a29bb.jpg

 

R1: 1.30841| R2: 1.31292| R3: 1.31742| R4: 1.32185| R5: 1.32635

S1: 1.29506| S2: 1.29063| S3: 1.28613| S4: 1.28213| S5: 1.27813

 

 

Great Britian Pound vs US Dollar Overall the direction remains unclear. GBPUSD might close below (1.53983). If seen this will call for more declines to the (1.53286) level. Further down, support is located at (1.52786). Alternatively, above the (1.56397) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.58207).

A hold for a clearer technical outlook is advisable.

 

http://farm8.staticflickr.com/7175/6536529683_d44a387282.jpg

 

R1: 1.56018| R2: 1.56575| R3: 1.57207| R4: 1.57707| R5: 1.58207

S1: 1.54530| S2: 1.53786| S3: 1.53286| S4: 1.52786| S5: 1.52286

 

 

 

US Dollar vs Japanise Yen The outlook has grown increasingly bearish since USDJPY had remained below its latest swing high at (78.259).

If this resistance level is broken to the upside, the outlook will deteriorate.

We will try to sell USDJPY from our mentioned resistance levels.

 

http://farm8.staticflickr.com/7143/6536529617_8a0b2be3c8.jpg

 

R1: 78.122| R2: 78.466| R3: 78.766| R4:79.066| R5: 79.366

S1: 77.434| S2:77.090| S3: 76.790| S4: 76.490| S5: 76.190

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 20Dec11

 

Daily Technical Analysis by FXCC 20Dec11

 

 

Euro vs US Dollar We see better value in short positions.

If the price will go below the first support at (1.29473), this would confirm continuation of the bearish trend, towards next objective downwards (1.28864) then (1.28464) and (1.28064) will follow.

Shorting EURUSD is advisable for today.

 

http://farm8.staticflickr.com/7022/6542382269_48f4fc9352.jpg

 

R1: 1.30436| R2: 1.30841| R3: 1.31300| R4: 1.32367| R5: 1.32767

S1: 1.29473| S2: 1.28864| S3: 1.28464| S4: 1.28064| S5: 1.27664

 

 

 

Great Britian Pound vs US Dollar GBPUSD maintains a bid tone for now.

Break above (1.55548) may trigger further recovery of the GBPUSD. Going bellow latest swing low at (1.54225), however, would confirm continuation of the bearish trend, towards next objective downwards (1.52426).

Our bias is on selling GBPUSD with a stop loss above (1.55548) for today.

 

http://farm8.staticflickr.com/7167/6542382391_e6170ecdda.jpg

 

R1: 1.55574| R2: 1.56197| R3: 1.56996| R4: 1.57496| R5: 1.57996

S1: 1.54225| S2: 1.53426| S3: 1.52926| S4: 1.52426| S5: 1.51926

 

 

 

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (78.269 – 77.516). A proper move above (78.269) confirms a probable rally towards (79.477). However, if USDJPY manage to close below (77.516) will support a call for bid tone.

A hold for a clearer technical outlook is advisable.

 

http://farm8.staticflickr.com/7011/6542382339_4ec5f954e5.jpg

 

R1: 78.425| R2: 78.877| R3: 79.177| R4:79.477| R5: 79.777

S1: 77.642| S2:77.326| S3: 77.026| S4: 76.726| S5: 76.426

 

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 21Dec11

 

Daily Technical Analysis by FXCC 21Dec11

 

Euro vs. US Dollar (EURUSD): We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.28666). Another move back above (1.31416) could lead us to neutral zone. Shorting EURUSD is advisable for today.

 

http://farm8.staticflickr.com/7144/6547921647_0818198e58.jpg

 

R1: 1.31316| R2: 1.32076| R3: 1.32836| R4: 1.33466| R5: 1.34226

S1: 1.30056| S2: 1.29454| S3: 1.28666| S4: 1.27906| S5: 1.27506

 

Great Britain Pound vs. US Dollar (GBPUSD): The GBPUSD still trapped in range area of (1.57108– 1.54830). A break in either direction will determine the trading bias in today`s session. Break below (1.54830) could trigger further bearish pressure targeting (1.53290), while break above (1.57108) could trigger further bullish advances testing (1.60312). We prefer to wait for break of upper or lower barrier.

 

http://farm8.staticflickr.com/7002/6547921689_26edb0e53c.jpg

 

R1: 1.57420| R2: 1. 1.58247| R3: 1.59485| R4: 1.60312| R5: 1.61550

S1: 1.55724| S2: 1.54930| S3: 1.54117| S4: 1.53290| S5: 1.52052

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): Overall the direction remains unclear. USDJPY might close below (77.614). If seen this will call for more declines to the (76.899) level. Further down, support is located at (76.599). Alternatively, above the (78.269) level it will to be traded to resume its medium term uptrend towards its important resistance at (79.463). We need to hold for current session.

 

http://farm8.staticflickr.com/7035/6547921733_c8e74aafba.jpg

 

R1: 78.222| R2: 78.563| R3: 78.863| R4: 79.163| R5: 79.463

S1: 77.540| S2: 77.199| S3: 76.899| S4: 76.599| S5: 76.299

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 22Dec11

 

Daily Technical Analysis by FXCC 22Dec11

 

 

Euro vs. US Dollar (EURUSD): We see better value in short positions.

If the price will go below the first support at (1.29883), this would confirm continuation of the bearish trend, towards next objective downwards (1.29454) then (1.28094) and (1.27448) will follow. Shorting EURUSD is advisable for today.

 

http://farm8.staticflickr.com/7008/6553051539_82e69a8d3c.jpg

 

R1: 1.30896| R2: 1.31542| R3: 1.31974| R4: 1.32620| R5: 1.33266

S1: 1.29883| S2: 1.29454| S3: 1.28094| S4: 1.27448| S5: 1.27048

 

Great Britain Pound vs. US Dollar (GBPUSD): We see high chances of the pair move in a range between (1.57839 – 1.54830). A proper move above (1.57839) confirms a probable rally towards (1.59506). However, if GBPUSD manage to close below (1.54830) will support a call for bid tone.

Look for a close above/below either barrier.

 

http://farm8.staticflickr.com/7150/6553051655_27510bfeef.jpg

 

R1: 1.57477| R2: 1.58241| R3: 1.58742| R4: 1.59506| R5: 1.60007

S1: 1.56212| S2: 1.55711| S3: 1.54947| S4: 1.54446| S5: 1.53946

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): The USDJPY still trapped in range area of (78.212– 77.587). A break in either direction will determine the trading bias in today`s session. Break below (77.587) could trigger further bearish pressure targeting (76.764), while break above (78.212) could trigger further bullish advances testing (79.401). You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7027/6553051609_4e973092fa.jpg

 

R1: 78.376| R2: 78.801| R3: 79.101| R4: 79.401| R5: 79.701

S1: 77.714| S2: 77.364| S3: 77.064| S4: 76.764| S5: 76.464

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 23Dec11

 

Daily Technical Analysis by FXCC 23Dec11

 

 

Euro vs US Dollar We believe that possible bearishness could be seen during this trading session.

Immediate resistance is at (1.32074). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.

Try to sell on rallies with a stop loss above (1.32074).

 

http://farm8.staticflickr.com/7028/6558202423_056fc715b0.jpg

 

R1: 1.31063| R2: 1.31607| R3: 1.32088| R4: 1.32666| R5: 1.33113

S1: 1.30038| S2: 1.29591| S3: 1.29013| S4: 1.28566| S5: 1.28166

 

 

 

Great Britian Pound vs US Dollar We believe that possible bullishness could be seen during this trading session.

Support is at (1.54830). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish.

Look for long positions for today`s trading session.

 

http://farm8.staticflickr.com/7031/6558202483_2953b99dd4.jpg

 

R1: 1.57642| R2: 1.58439| R3: 1.58939| R4: 1.59439| R5: 1.59939

S1: 1.56048| S2: 1.55448| S3: 1.54930| S4: 1.54083| S5: 1.53583

 

 

US Dollar vs Japanise Yen USDJPY is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (78.303) or a fall towards (77.587) in the coming session. We have to wait and watch the movement of the instrument from current levels.

We need to hold for current session.

 

http://farm8.staticflickr.com/7168/6558202545_5db9f16aba.jpg

 

R1: 78.524| R2: 78.824| R3: 79.124| R4: 79.424| R5: 79.724

S1: 77.839| S2: 77.539| S3: 77.239| S4: 76.939| S5: 76.639

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[Jonathan Groff]

Forex Market is of immense opportunity and Of course, for making good returns through the forex market, a skilled and experienced forex broker can do a lot for you. An efficient forex broker always aims to assure that you deal with the best forex trading system routine and they provide you all the details needed to make the absolute decisions in the forex trading.

[statip]

Are you solely using floor pivots to trade, or are you filtering using other criteria? I've found that if you get caught on a high momentum breakout / breakdown, that you can suffer substantial losses even with reasonable money management.

[alayoua]

Daily Technical Analysis by FXCC 26Dec11

 

Daily Technical Analysis by FXCC 26Dec11

 

Euro vs US Dollar We see better value in short positions.

If the price will go below the first support at (1.29883), this would confirm continuation of the bearish trend, towards next objective downwards (1.29440) then (1.29040) and (1.28640) will follow.

We will try to sell EURUSD from our mentioned resistance levels.

 

http://farm8.staticflickr.com/7010/6573548071_8d163bb5cc.jpg

 

R1: 1.30840| R2: 1.31250| R3: 1.31950| R4: 1.32350| R5: 1.32750

S1: 1.29883| S2: 1.29440| S3: 1.29040| S4: 1.28640| S5: 1.28240

 

 

 

 

Great Britian Pound vs US Dollar Overall the direction remains unclear and price is moving in (1.57839 - 1.54830) range area, the instrument has a 50 – 50 chance of a recovery above (1.57839) or a fall towards (1.54830) in the coming session.

We need to hold for current session.

 

http://farm8.staticflickr.com/7010/6573548125_a6dcf1ca5d.jpg

 

R1: 1.56657| R2: 1.57503| R3: 1.58777| R4: 1.59277| R5: 1.59777

S1: 1.54955| S2: 1.54109| S3: 1.53609| S4: 1.53109| S5: 1.52609

 

 

 

 

US Dollar vs Japanise Yen Overall the direction remains unclear. USDJPY might close below (77.901). If seen this will call for more declines to the (77.130) level. Further down, support is located at (76.830). Alternatively, above the (78.257) level it will to be traded to resume its medium term uptrend towards its important resistance at (79.596).

We prefer to wait for break of upper or lower barrier.

 

http://farm8.staticflickr.com/7009/6573548173_8339d89e4d.jpg

 

R1: 78.396| R2: 78.696| R3: 78.996| R4: 79.296| R5: 79.596

S1: 77.730| S2: 77.430| S3: 77.130| S4: 76.830| S5: 76.530

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 27Dec11

 

Daily Technical Analysis by FXCC 27Dec11

 

 

Euro vs US Dollar It's likely that EURUSD will decline. A break above (1.30919) could be a threat to the bearish scenario targeting (1.32390) even (1.32790). On the downside, immediate support is at (1.30057).

Break below that area should keep the major bearish scenario intact testing (1.29146) area

Our bias is on selling EURUSD with a stop loss above (1.30919) for today.

 

http://farm8.staticflickr.com/7004/6580097287_00d0b372b7.jpg

 

R1: 1.30959| R2: 1.31590| R3: 1.31990| R4: 1.32390| R5: 1.32790

S1: 1.30057| S2: 1.29546| S3: 1.29146| S4: 1.28746| S5: 1.28346

 

 

 

Great Britian Pound vs US Dollar We believe that possible bullishness could be seen during this trading session.

Support is at (1.55701). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish.

We will try to buy GBPUSD from our mentioned support levels.

 

http://farm8.staticflickr.com/7015/6580097369_04d53b800b.jpg

 

R1: 1.56942| R2: 1.57731| R3: 1.58231| R4: 1.58731| R5: 1.59231

S1: 1.55448| S2: 1.54930| S3: 1.54430| S4: 1.53930| S5: 1.53430

 

 

 

 

US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (78.202) will call for (79.213), and Loss of (77.768) sees (77.011).

Look for a close above/below either barrier.

 

http://farm8.staticflickr.com/7156/6580097461_2ba71858e5.jpg

 

R1: 78.313| R2: 78.613| R3: 78.913| R4: 79.213| R5: 79.513

S1: 77.611| S2: 77.311| S3: 77.011| S4: 76.711| S5: 76.411

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis

[alayoua]

Daily Technical Analysis by FXCC 28Dec11

 

Daily Technical Analysis by FXCC 28Dec11

 

 

Euro vs US Dollar EURUSD is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (1.30879) or a fall towards (1.30467) in the coming session. We have to wait and watch the movement of the instrument from current levels.

You may try to buy from lower border and/or sell from upper border.

 

http://farm8.staticflickr.com/7028/6586547689_2401faa4c7.jpg

 

R1: 1.31280| R2: 1.31687| R3: 1.32087| R4: 1.32487| R5: 1.32887

S1: 1.30259| S2: 1.29834| S3: 1.29434| S4: 1.29034| S5: 1.28634

 

 

 

Great Britian Pound vs US Dollar We hold a view of the instrument moving in the range of (1.57102 – 1.55861). We have to wait and watch the movement of the instrument from current levels.

We need to hold for current session.

 

http://farm8.staticflickr.com/7029/6586547733_9e4f76b0ea.jpg

 

R1: 1.57591| R2: 1.58180| R3: 1.59221| R4: 1.59721| R5: 1.60221

S1: 1.56098| S2: 1.55509| S3: 1.54930| S4: 1.54430| S5: 1.53930

 

 

 

 

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (78.125 – 77.693). A proper move above (78.125) confirms a probable rally towards (79.060). However, if USDJPY manage to close below (77.693) will support a call for bid tone.

We should wait for a clearer outlook on USDJPY.

 

http://farm8.staticflickr.com/7147/6586548301_28d8299a86.jpg

 

R1: 78.157| R2: 78.460| R3: 78.760| R4: 79.060| R5: 79.360

S1: 77.532| S2: 77.232| S3: 76.932| S4: 76.632| S5: 76.332

 

 

 

Source: FX Central Clearing Ltd. (FXCC)

http://www.fxcc.com/tech-analysis