Page 21 of 25 FirstFirst ... 111920212223 ... LastLast
Results 201 to 210 of 243
  33 33 Attachment(s)    

Thread: Forex Technical Analysis By Forex4you

  1. #201

    Exclamation Forex Technical Analysis By Forex4you 4th January 2013

    EUR/USD: Downtrend Continuing

    The exchange rate has broken out the price pattern at the highs and reached its downside target at 1.3015. There are, however, no signs yet of the down-trend slowing and so it could continue to the next level of support at 1.2960, where the 50-day MA is situated. Alternatively, a sideways consolidation may unfold, followed by a bounce perhaps, with a decisive break above 1.3050 then targeting 1.3115.



    USD/JPY: More Upside Probable

    The USD/JPY pair is rallying strongly and it will probably go higher. Using the inverted head and shoulders which formed in 2011-12 to give an eventual upside target we get 92.20, whilst the recent measuring gap also indicates the rally has further to go. The monthly pivot at 88.45, however, stands in the way and will probably resist, with the possibility of a pull-back to the 87.30s before the up-trend resumes.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  2. #202

    Exclamation Forex Technical Analysis By Forex4you 7th January 2013

    AUD/USD: Rangebound

    The aussie is trading in a range. Currently it is rising and if it breaks above the 1.0511 highs then it will probably reach the next level of resistance at 1.0522, which if in turn is breached could lead to a move up to the major line at 1.0565. Alternatively a break below the 1.0465 support cluster could indicate a move down to the 50-day MA at 1.0430.



    GBP/USD: Consolidation in Downtrend

    Cable has bottomed temporarily after falling strongly. It is now consolidating in a range. Currently it is moving up in the range with a target at the recent 1.6081 highs or the upper channel line at 1.6090. Overall the outlook is bearish, however, with a continuation likely, first down to the next significant level at 1.6000, and then the 200-day at 1.5900.



    EUR/USD: Moving Lower

    Eurodollar has renewed its down-trend after touching resistance from an old trend-line. It will probably fall further, reaching perhaps down to recent 1.3000 lows and probably even to where the 50-day MA and a major trend-line are situated at 1.2960. Alternatively, a break above the 1.3060s would be necessary for an up-trend to develop, later targeting resistance at 1.3100.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  3. #203

    Exclamation Forex Technical Analysis By Forex4you 8th January 2013

    EUR/USD: Sideways Day

    The short-term trend is still up after the recent break of the neckline of an inverted head and shoulders and more upside is probable eventually. Today’s action, however, is sideways and could continue oscillating. A move above 1.3140 would signal a continuation up to 1.3245, whilst a move below 1.3100 could see a break back down to 1.3050.



    USD/JPY: Recovery Possible

    The USD/JPY pair has pulled-back to support in the 87.30s. Today it is a sideways day. It will probably recover, and a break of the 87.50 highs would confirm a resumption of the up-trend, targeting the monthly pivot at 88.44. A break lower, however, could see a move down to the key swing lows at 86.80. Using the inverted head and shoulders which formed in 2011-12 gives an upside target of 92.20, whilst the recent measuring gap also indicates higher to go.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  4. #204

    Exclamation Forex Technical Analysis By Forex4you 9th January 2013

    AUD/USD: Possible Ending Pattern

    Currently the pair is consolidating against tough resistance from a major down-sloping trend-line from the Sep 2011 highs as well as the monthly pivot at 1.0536. This could be an ending pattern and will probably result in a move lower to re-touch the 1.0375 lows or possibly even to the 200-day MA at 1.0295.



    EUR/USD: Boxed In

    The EUR/USD pair is consolidating in a narrow range today although the mid-term trend remains up. A break above the 1.3093 highs could lead to rally to a tight group of pivots at 1.3120, with a break above those levels necessary for a reassertion of the bull trend. A move below the 1.3055 lows could see a move down to the 1.3000 lows, whilst a major trend-line provides support at around 1.2970.



    GBP/USD: On Major Support

    The GBP/USD pair continues to consolidate on the 50-day MA and the monthly pivot. It will probably carry on in the sideways manner or break out. An upside breakout could see a run up to 1.6100, whilst a move lower would probably run down to the the major trend-line at 1.6000.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Managed Forex
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  5. #205

    Exclamation Forex Technical Analysis By Forex4you 10th January 2013

    EUR/USD: Recovery Possible

    A recovery out the current consolidation is probable, with a move above the 1.3080 highs confirming and leading to a move back up to the cluster of pivots located at 1.3115, or even the support and resistance line at 1.3160. Alternatively a break below the 1.3040 lows could see a move down to the trend-line at 1.3010 or possibly the 50-day MA at 1.2975.



    Gold: Consolidating

    Gold is currently consolidating within a broader sideways move. The current intra-day consolidation could be a pennant or triangle formation with continuation potential lower. There is fairly substantial resistance at the 1665.30 highs which could lead to a rotation down again, perhaps to around 1654. A break below the 1651 lows, meanwhile, would be required to trigger a move lower to perhaps 1640 or even lower.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  6. #206

    Exclamation Forex Technical Analysis By Forex4you 11th January 2013

    AUD/USD: Upside Break

    The aussie has broken above long-term support at 1.0520 and pushed all the way up to 1.0597. If it can maintain the break then it could rally higher to 1.0680. It has formed a head and shoulders at the highs today, however, and in the short term could pull-back to the 1.0520 line before rebounding. A break back lower would prove the break false and target the 50-day MA at 1.0440 initially.



    GBP/USD: Resumption of Up-Trend

    The up-trend has resumed after the brief period of weakness at the beginning of January, although this morning there has been a pull-back to the 38.2% Fibonacci line. There is a possibility of a deeper correction, perhaps to the 50% line at 1.6085, but eventually the up-trend should resume, with the monthly pivot at 1.6184 as the first target, and a break above that leading to a move up to perhaps major resistance at 1.6370.



    EUR/USD: Consolidation in Uptrend

    The EUR/USD rallied strongly yesterday. Today we have had some sideways activity. A decisive break above the range highs at 1.3282 would probably see another bullish leg first to the 1.3307 highs and then even higher to 1.3356, as a much higher eventual upside target is expected in the 1.39s. If the range lows at 1.3248 are broken a move lower could reach to perhaps the trend-line at 1.3170.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex Training
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  7. #207

    Exclamation Forex Technical Analysis By Forex4you 14th January 2013

    USD/JPY: Continuing Higher

    The rally has continued making new highs. It is overbought on the daily and the weekly charts although no sell signal has been given and there are no other signs from price action of a potential reversal – for example in the form of price patterns or bearish candlesticks. The trend will probably continue higher, therefore, probably to the group of pivots at 90.15. If there is a pull-back it could lead to a move down to 88.75, and then possibly more substantial support at 88.45.



    EUR/USD: Gap Up

    The gap above the monthly pivot this morning is a bullish sign, however, there is further resistance from the 100 week MA at 1.3385 followed by the 100 month MA at 1.3440, and it is possible price might consolidate at these two levels. Overall, however, more upside is expected after these resistance levels have been overcome, with a possible eventual target in the 1.38-39s.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  8. #208

    Exclamation Forex Technical Analysis By Forex4you 15th January 2013

    AUD/USD: At Long-Term Resistance

    The aussie has reached a major long-term trend-line providing resistance at the highs. The pair appears to be unfolding in a triangle formation. There is also considerable support from a bunch of pivots at the 1.0535 lows too. A move above 1.0600 would confirm a break and result in a strong bullish rally to 1.0680. Alternatively a move below the cluster of pivots could see a reversal down to support at around 1.0475.



    GBP/USD: Rising in a Range

    Price action is going sideways with upside capped by the monthly pivot at 1.6185 and supported at the lows by the 50-day MA at 1.6070. The expectations would be for the move to continue oscillating within these parameters, rising in its next move to the ’185 highs. A more bearish break below 1.5990, however, would give confirmation of a move down to 1.5910.



    EUR/USD: Consolidating in Up-Trend

    Eurodollar has rallied up to tough resistance from an old trend-line and the 100 week and 100 month MA’s situated at 1.3390 and 1.3415 respectively. It has since pulled back and started consolidating in a range. Overall the bullish trend is intact so a push above the highs and rally to 1.3500 is probable. Alternatively, a move below 1.3330 could see a sell-off down to 1.3270.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex Managed Accounts
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  9. #209

    Exclamation Forex Technical Analysis By Forex4you 16th January 2013

    USD/JPY: Breaking Down

    The dollar-yen has fallen from Friday’s highs. It has broken below key support at 88.17. RSI and MACD have both given sell signals – a bearish sign. It is in a down-trend so far today and has broken below a trend-line, it will probably continue to trend-line support down at 86.45. A daily close above the monthly pivot at 88.45, however, would be a strong bullish recovery signal.



    EUR/USD: Meeting Support

    EUR/USD has fallen heavily to support and resistance in the1.3260s. It will probably fall further, with the nearby 1.3255 level as the next target down where the 38.2% Fibonacci line and the weekly pivot are clustered. This could be the Elliot wave 4 of the up-move and it will probably end soon with wave 5 retouching the 1.3400 highs, although the monthly pivot at 1.3356 provides an initial target higher.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether forex trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

  10. #210

    Exclamation Forex Technical Analysis By Forex4you 17th January 2013

    AUD/USD: Upside Trend-Line Break

    The aussie moved above the major multi-month trend-line but has failed to breach the key 1.0600 level. It then fell-back down to the trend-line at 1.0515 where it is currently trading. There is a possibility of another rally and a break above the 1.0600 level could make 1.0680 reachable. Alternatively, given the waning upside momentum there is a possibility a move back below the trend-line, although support in the 1.0455s including the 50-day MA may impede downside.



    GBP/USD: Major Trend-Line Broken

    Cable looks poised to fall to new lows, after a very bearish break of a major trend-line at 1.6017. Today’s bounce has rebounded back up into the line. If it holds below the trend-line then the outlook is bearish with a probable fall to an eventual target at the lower border line of the multi-year triangle at 1.5725 or a nearer target at the monthly pivot at 1.5878. Alternatively, a close above 1.6060ish would negate the bearish outlook and look to a recovery to the 1.6180s.



    EUR/USD: Wave 5

    The EUR/USD pair has corrected back to the 38.2% Fibonacci line and then bounced. It is possible the bounce could be an Elliot wave 5 which could re-touch the 1.3400 highs. A decisive break above 1.3325 would provide added confirmation and see a run up to the monthly pivot at 1.3356 and then 1.3400. Alternatively, a move back down to the 38.2% line at 1.3255 is also possible if a range-bound consolidation unfolds.



    Analysis By: Forex4you Analyst - Joaquin Monfort.

    Markets4you is a daily financial videocast published by Forex4you



    Disclaimer:
    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether currency trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

    Forex4you,
    Forex4you is the leading forex broker operates all over the globe. Forex4you provides online forex trading for retail clients with the help of electronic payment system.

Similar Threads

  1. Re: Forex Technical Analysis by IFC Markets
    By Akriti in forum Technical analysis
    Replies: 25
    Last Post: 10-25-2013, 11:17
  2. Re: Forex Technical Analysis by IFC Markets
    By Akriti in forum Technical analysis
    Replies: 1
    Last Post: 09-13-2013, 12:45
  3. Forex Technical Analysis by IFC Markets
    By Akriti in forum Technical analysis
    Replies: 4
    Last Post: 09-12-2013, 09:24
  4. Forex Technical Analysis by IFC Markets
    By Akriti in forum Technical analysis
    Replies: 0
    Last Post: 07-26-2013, 12:35
  5. Can I make money in forex through technical analysis?
    By james_smart in forum Technical analysis
    Replies: 1
    Last Post: 12-26-2009, 00:33

Tags for this Thread

100, 2011, adx, analysis, average, breakout, broker, candle, candlestick, change, channel, closing, color, comparison, copy, currency trading, daily forex analysis, demo, divergence, eur, eur/usd, eurjpy, eurusd, expert, experts, fibonacci, forecast, forex, forex accounts, forex analysis, forex broker, forex forecast, forex indicators, forex technical analysis, forex tips, forex trader, forex trading, forex training, forex4you, forex4you analysis, fx trading, gbp, gbpjpy, gbpusd, gold, high, high volume, historical, ichimoku, index, indicators, investment, level, low, macd, main, managed, managed accounts, managed forex accounts, moving average, mql, news, nzd, offer, online, pivot, price action, profit, real, research, resistance, review, rsi, sales, short term, signal, signals, stocks, stop, support, system, systems, technical analysis, test, time, trader, trading, training, trend, upside, usd, usd/cad, video

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •