FOREX OVERVIEW - 12 NOV 14

12 November 2014, 15:00
Emmanouil Galounis
0
30

GOODMORNING TRADERS! – 12 NOV 14

MARKET PROFILE – 12 NOV 14

Dollar still in positive sentiment.
Dollar in range at current levels.
Dollar in wait mode for Thu 13 and Fri 14 figures.
JPY consolidation at current levels.
Sterling consolidation at current levels.
Sterling in weakness mode.
Euro consolidation at current levels.
Euro in weakness mode.

Key risk events for today :
– None –

CURRENCIES OVERVIEW – 12 NOV 14 – 1hour bars

USD : Neutral
EUR : Neutral
JPY : Neutral
GBP : Mild weak

MARKET OVERVIEW – 12 NOV 14 – 1hour bars

EURUSD : Range 1.2400 – 1.2520
USDJPY : Testing support 115.17
GBPUSD : Range 1.5790 – 1.5945
EURJPY : Testing support 143.50
EURGBP : Range 0.7790 – 0.7890
GBPJPY : Support breakout below 182.50

POSITIONS OVERVIEW – 12 NOV 14 – 1hour bars

EURUSD : Range Trading between 1.2355 – 1.2500
USDJPY : Short positions favored below 115.17 / 115.50
GBPUSD : Range Trading between 1.5790 – 1.5920
GBPUSD : Short positions favored below 1.5890
EURJPY : Short positions favored below 143.50
EURGBP : Long Positions favored above 0.7845
EURGBP : Long positions above range breakout 0.7900
GBPJPY : Short positions favored below 182.50 – tight stops.

MAIN PIVOT POINTS – 12 NOV 14 – 1hour bars

EURUSD : 1.2435 – in the range
USDJPY : 115.15
GBPUSD : 1.5870 – in the range
EURJPY : 144.05
EURGBP : 0.7815
GBPJPY : 183.18