Forex
Home > CASCISCUS > BUSINESS BOARD > Forex/Option/Saham dan Derivatifnya > Forex > Forex4you trading signals and analysis
Total Views: 2071 Share : Facebook ShareFacebook Twitter ShareTwitter Google+ ShareGoogle+
Page 7 of 10 | ‹ First  < 2 3 4 5 6 7 8 9 10 > 

Zaretha - 11/09/2012 10:43 AM
#121

Forex4you trading signals and analysis
joaquinmonfort - 11/09/2012 07:19 PM
#122
EUR/JPY: technical analysis
The inside day, yesterday, coming as it did at the end of a strong up-trend, may be an indication of reversal. There is downwards pressure today and a topping pattern with several shooting star candlesticks on resistance at the day's highs of the hourly chart, which reinforces the bearish outlook. The pair will probably fall from here, at least to the 100-day MA at 99.40 but then possibly down to the lower channel line at 98.90. Alternatively a break back above the 100.42 highs might signal a continuation up to the upper channel line at 101.15.


Forex4you trading signals and analysis
joaquinmonfort - 11/09/2012 08:35 PM
#123
GBP/USD: mixed signals
Cable is giving mixed signals and it could go either way. There may be a continuation higher, and break above 1.6060 would provide confirmation of a possible move up to 1.6150. In addition the breakout from the triangle still has not reached its minimum profit objective in the 1.62s. However, there may also be a double top pattern forming with strong divergence with MACD, and a break below the 1.5959 double top lows would trigger a move down to the target at 1.5883.


Forex4you trading signals and analysis
Zaretha - 12/09/2012 12:46 PM
#124

Forex4you trading signals and analysis
joaquinmonfort - 12/09/2012 05:32 PM
#125
EUR/USD: meeting resistance
Eurodollar has risen to touch the trend-line at 1.2900 which has so far exerted resistance pushing the pair back down from off the day's highs. There are no indications of reversal yet, however, so it could break higher, although if it does, the monthly pivot situated just above at 1.2950 would be expected to provide tough resistance. A break below the line of support at 1.2750 would be required to change the outlook to bearish or the formation of a strong reversal pattern at the highs.


Forex4you trading signals and analysis
joaquinmonfort - 12/09/2012 06:04 PM
#126
AUD/USD: continuation higher probable
The aussie is still rallying and has just formed a continuation pattern which indicates a strong probability that it will rise further, with 1.0550 targeted first and then perhaps the most recent highs at 1.0610. The wave patterns back-up this assertion, showing that we may be in a final elliot-wave 5 of the formation which began at the June lows, and this would normally be expected to reach the wave 3 highs as a minimum expectation.


Forex4you trading signals and analysis
joaquinmonfort - 13/09/2012 05:52 PM
#127
EUR/USD: technical analysis
EUR/USD has made a bullish break above a major down-sloping trend-line however today is its first day trading above the line and a close would be required for more confirmation. The daily chart is now in RSI overbought territory warning of the possibility of weakness, however, there is still no sign from price of a reversal so the bias remains bullish. FOMC today may cause substantial volatility. On the hourly chart the weekly pivot is currently resisting price. 1.2985/1.3000 would be the natural target to the upside whilst a break lower would be expected to find support at 1.2875 first and then 1.2815 for a stronger bearish breakdown.


Forex4you trading signals and analysis
joaquinmonfort - 13/09/2012 07:53 PM
#128
EUR/NZD: 5th wave
EUR/NZD is pulling back after hitting a high on the 5th September. This could be an elliot 4th wave of the rally from the August lows, with a 5th wave eventually expected to retouch the September highs. Wave 4 may have already finished at the recent hammer lows, or it could fall further to the major multi-month support line at 1.5580, which is also near the weekly pivot. A break below 1.5635 could signal an extension. Alternatively a move above the 1.5760 highs could signal wave 5 was in progress and target the 1.5905 highs.


Forex4you trading signals and analysis
joaquinmonfort - 13/09/2012 09:29 PM
#129
GBP/USD: technical analysis
The GBP/USD pair is still rallying higher, with conflicting indications of whether it will go higher or stall and begin to fall. RSI is overbought but has not yet given a sell signal. In the absence of any clear reversal patterns higher prices are possible. The recent rally shows signs of continuation potential and it could go higher to 1.6150 at first and then perhaps 1.6270, the 100% target for the triangle breakout. Alternatively if the pair begins to fall then a move below the 1.6065 support level would start to tip the scales to a more bearish scenario and a possible move back down to 1.6000.


Forex4you trading signals and analysis
joaquinmonfort - 14/09/2012 06:45 PM
#130
EUR/NZD: 5th wave possibly underway
EUR/NZD has started to rise after pulling back to the multi-month support line at 1.5580. This may mark the end of wave 4 and could be the start of the 5th wave, which could eventually retouch the September highs. It is still a little early to say but a move above the 1.5760 would provide strong confirmation that wave 5 was in progress with an eventual target at or near the 1.5905 highs.



Forex4you trading signals and analysis
joaquinmonfort - 14/09/2012 06:48 PM
#131
EUR/USD: technical analysis
Eurodollar has now closed above the major down-sloping trend-line from May '11. It has moved above resistance at 1.3000 and a continuation higher is possible, with resistance at 1.3300 providing the next target. There are bearish signs too, however: RSI is overbought on the daily chart, there is resistance from the weekly pivot and the the pair has fulfilled its target from the breakout from the wedge; so there is equally the possibility of a move back down to the monthly pivot level at 1.2950, although given there are no reversal signs yet the trend remains up.



Forex4you trading signals and analysis
joaquinmonfort - 17/09/2012 05:27 PM
#132
EUR/USD: technical analysis
Eurodollar has corrected back from Friday's highs, but there is a possibility that the pull-back is now complete and the up-trend will resume. I would expect an immediate move to reach 1.3275 and then stop due to the conjunction of a long-term trend-line and a resistance high at that level which should cap gains. On the other hand this could be the start of a deeper correction, an Elliot wave 4 perhaps, which could come down to the monthly pivot at 1.2957 first, and then maybe 1.2750 before resuming the up-trend as wave 5.


Forex4you trading signals and analysis
joaquinmonfort - 17/09/2012 08:29 PM
#133
GBP/USD: possible top in place
The GBP/USD pair has pulled back since making new highs on Friday; momentum is very overbought and the breakout from the triangle has fulfilled its price objective signalling that porbably a temporary top is now in place. At the moment the pull-back is very shallow and there are no signs of it extending lower, however given how overbought things are, if it does then it will reach the monthly pivot at 1.6175 first and next the trend-line at 1.6140 not far below. A resumption of the up-trend, meanwhile, could lead to a move up to resistance highs at 1.6300.


Forex4you trading signals and analysis
joaquinmonfort - 18/09/2012 12:52 AM
#134
EUR/GBP: technical analysis
The rally has stalled and there is possibly a double-top forming, which could signal a move lower to 0.8020 if a break of the neckline at 0.8060 occurs, although it might be safer to wait until a move below the monthly pivot at 0.8050 for confirmation. There may also be a bearish harami pattern on the daily chart. Without a strong move lower, however, bullish potential remains and there is a risk the rally will resume. We have broken above a major downward sloping channel on the daily chart with eventual target at 0.8228. A move above the current highs would negate the double-top and aim for resistance at 0.8136 at first.


Forex4you trading signals and analysis
joaquinmonfort - 18/09/2012 05:40 PM
#135
EUR/USD: possible wave 4
We had the doji at the highs yesterday and a down-day so far today – it seems possible this could be the start of a deeper correction lower, an Elliot wave 4 perhaps, which would be expected to fall to the next level of major support at 1.2957 where the monthly pivot is situated. Looking at the hourly chart, there is also a double top pattern which has just broken its neckline, with a downside target at 1.2990 although the trend-line at 1.3020 may also impede downside.


Forex4you trading signals and analysis
joaquinmonfort - 18/09/2012 06:50 PM
#136
EUR/JPY: H&S pattern
The EUR/JPY pair is showing a complete H&S pattern at the highs on the hourly chart with lessening volume on the right shoulder. A move below the neckline at 102.50 would initiate a stronger bearish push lower with the first down-side target at 101.70 where there is a weekly and a monthly pivot, followed by 101.15 which is the main target for the H&S. Only a move above 103.05 would cancel the pattern and lead to a short-covering rally up to 104.00.

Forex4you trading signals and analysis
joaquinmonfort - 19/09/2012 05:30 PM
#137
EUR/USD: meeting trend-line support
Eurodollar is breaking down again, this time putting pressure on the trend-line for the previous rally. If it moves below the last swing low at 1.3028 and pierces the trend-line then it should trigger a much stronger move down with the monthly pivot at 1.2950 providing an initial target and 1.2925 afterwards. The other alternative is the trend-line successfully prevents a break-down and we get a rebound back up to 1.3080 and perhaps the development of a sideways consolidation.


Forex4you trading signals and analysis
joaquinmonfort - 19/09/2012 06:32 PM
#138
EUR/GBP: technical analysis
A strong move down has re-entered the channel and indicated a possible resumption of the down-trend. The rally from the July lows was probably counter-trend given its a-b-c characteristics and the strong momentum. It will probably fall to 0.7950 where a strong support line is situated, although the 100-day MA at 0.7975 could also provide a nearer-term target. A move above 0.8045 would be required to reignite bullish ambitions, with the possibility of a re-touch of the 0.8100 highs.


Forex4you trading signals and analysis
joaquinmonfort - 19/09/2012 07:19 PM
#139
GBP/USD: pull-back to support
Cable is looking bearish: momentum is overbought and it has just met the target for the triangle breakout; it has formed a head and shoulder pattern and broken the neckline. It will probably fall to the target for the H&S at 1.6175 which is also the level of the monthly pivot and a multi-month trend-line. This important level would be expected to act as support for a possible bounce and re-touch of the 1.6273 highs or, alternatively, if broken-through could open the way down to 1.6030ish or even 1.5900 eventually.


Forex4you trading signals and analysis
joaquinmonfort - 20/09/2012 06:01 PM
#140
EUR/USD: technical analysis
Eurodollar has fallen sharply to the upper channel line at 1.2935. It is currently attempting to pierce it and renter the channel. If is is successful then it will probably fall to support at around 1.2875 or 1.2865 where the weekly pivot is situated. It has already broken below the monthly pivot at 1.2950 – but only on an intra-day basis – and it is possible it will retract. A move above 1.2984 would be necessary for a more bullish outlook and a possible return to the 1.3170 highs.


Forex4you trading signals and analysis
Page 7 of 10 | ‹ First  < 2 3 4 5 6 7 8 9 10 > 
Home > CASCISCUS > BUSINESS BOARD > Forex/Option/Saham dan Derivatifnya > Forex > Forex4you trading signals and analysis