Press review - page 203

mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

Indices Technical Analysis

mazennafee, 2014.07.29 12:54

S&P500‏ (CME)‏ (U4) Intraday: the downside prevails.

 Pivot: 1976


Our preference: Short positions below 1976 with targets @ 1959 & 1952 in extension.

Alternative scenario: Above 1976 look for further upside with 1986 & 1992 as targets.

Comment: The RSI is capped by a bearish trend line.

Supports and resistances:
1992 **
1986 **
1976 **
1968 Last
1959 **
1952 **
1942 **

 


mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

Indices Technical Analysis

mazennafee, 2014.07.29 12:56

Straits Times ST: bullish bias above 3265.

 Pivot: 3265


Our preference: Long positions above 3265 with targets @ 3370 & 3410 in extension.

Alternative scenario: Below 3265 look for further downside with 3220 & 3180 as targets.

Comment: The RSI is bullish and calls for further advance.

Supports and resistances:
3460 
3410 
3370 
3355.83 Last
3265 
3220 
3180 

 


mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

Indices Technical Analysis

mazennafee, 2014.07.29 13:06

SMI‏ (Eurex)‏ (U4) Intraday: intraday support around 8469.

 Pivot: 8469


Our preference: Long positions above 8469 with targets @ 8590 & 8655 in extension.

Alternative scenario: Below 8469 look for further downside with 8425 & 8390 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
8720 **
8655 **
8590 **
8507 Last
8469 *
8425 ***
8390 **

 


mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

Indices Technical Analysis

mazennafee, 2014.07.29 13:11

Hang Seng ST: the bias remains bullish.

 Pivot: 23150


Our preference: Long positions above 23150 with targets @ 25000 & 26000 in extension.

Alternative scenario: Below 23150 look for further downside with 22250 & 21700 as targets.

Comment: The RSI is supported by a rising trend line.

Supports and resistances:
26350 
26000 
25000 
24657 Last
23150 
22250 
21700 

 


mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

Indices Technical Analysis

mazennafee, 2014.07.29 13:12

Nikkei 225 ST: caution.

 Pivot: 15000


Our preference: Long positions above 15000 with targets @ 15660 & 16000 in extension.

Alternative scenario: Below 15000 look for further downside with 14520 & 13860 as targets.

Comment: The RSI is mixed with a bullish bias. The index is facing the challenge of its key resistance at 15660

Supports and resistances:
16300 
16000 
15660 
15618 Last
15000 
14520 
13860 

 


mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

GBPUSDAnalysis

mazennafee, 2014.07.29 09:22

GBP/USD Intraday: the downside prevails.
Pivot: 1.7
Our preference: Short positions below 1.7 with targets @ 1.696 & 1.692 in extension.
Alternative scenario: Above 1.7 look for further upside with 1.702 & 1.705 as targets.
Comment: The pair remains under pressure and is challenging its support.

 


mazen nafee
1993
mazen nafee  
mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

EURJPY Analysis

mazennafee, 2014.07.29 09:23

EUR/JPY Intraday: the upside prevails.
Pivot: 136.6
Our preference: Long positions above 136.6 with targets @ 137.35 & 137.6 in extension.
Alternative scenario: Below 136.6 look for further downside with 136.35 & 136 as targets.
Comment: The pair is trading within a bullish channel.

 


mazen nafee
1993
mazen nafee
1993
mazen nafee  

Forum on trading, automated trading systems and testing trading strategies

EURJPY Analysis

mazennafee, 2014.07.28 13:13

EUR/JPY Intraday: intraday support around 136.35.
Pivot: 136.35
Our preference: Long positions above 136.35 with targets @ 136.95 & 137.35 in extension.
Alternative scenario: Below 136.35 look for further downside with 136 & 135.6 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.