Sliding channels

 

Analysis using the sliding trend channels for currency pairs EUR / USD, GBP / USD, USD / JPY.

 

No one is forbidden to publish forecasts for other currency pairs.

 

04.01.2010 Analytics for pairs of EUR / USD, GBP / USD, USD / JPY

EUR / USD, H1

Euro / dollar continues to fall on the downlink, breaking wide uplink. Appeared to signal the opening of short positions with a view to the level of 1.4215. You can also test the resistance line, with the breakdown of which is expected reversal signal.

Indicators in the area of sales.

Forecast depreciation.

GBP / USD, H1

Pound is in the opposite situation on the euro - the course has grown and is in the overbought zone. In this situation should think about fixing the profit for the medium-term trade.

Indicators in overbought zone.

Forecast depreciation.

USD / JPY, H1

In the currency pair continues to strengthen the dollar against the yen, the course has struck the rising channel resistance line, which in turn sends a signal to continue the upward trend. It is also expected correction from overbought for the purpose of testing the level of 92.77.

Indicators in the area shopping.

Forecast for the appreciation of a correction.

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04/01/2010 Weekly survey of pairs of EUR / USD, GBP / USD, USD / JPY

EUR / USD, D1

Last week on the currency pair there was a breakdown of the resistance line, forming a maximum at 1.4466, which is a correction to the decline. It is noted that if the upcoming week course does not update the minimum, below 1.4219, the correction should be expected to continue to increase.

GBP / USD, D1

For the currency pair at last week's rate continues to fall, breaking the support line of the previous level, the downward channel for the currency pair to form a new downlink channel signal to the depreciation. For further depreciation will meet the level of support 1.5707, with breakdown by reducing the signal to be amplified. Do not discard the possibility of breakdown of the upper boundary of the channel. Next week is expected to continue falling rate assumptions for the trend yet.

USD / JPY, D1

The U.S. dollar continues to strengthen against the Japanese yen on Wednesday struck a course level of resistance 92.33, continuing to grow in an upward channel. The upcoming week should follow the breakdown of support.

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05.01.2010 Analytics for pairs of EUR / USD, GBP / USD, USD / JPY

EUR / USD, H1

After yesterday's flat market rate at today's auctions has increased, breaking the resistance level of 1.4461. Formed with the new uplink signal to improve the course. When breakdown support line will be a signal to decrease.

Indicators in the area shopping.

Forecast appreciation.

GBP / USD, H1

Pound declined, testing the 1.6065 support level, which adjusts to increase the level of 1.6240. Built with the uplink signal to increase. With the breakdown of support and the 1.6065 support level should roll.

Indicators in the middle zone.

Forecast appreciation.

USD / JPY, H1

In the currency pair continued correction of the maximum 93.23. The course has struck a line of support 91.89, and then stopped at the line of support for the downward channel. Expected to test the level below 91.89, then continued falling on the current channel.

Indicators in the area of sales.

Forecast depreciation.

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Could you post some charts please so i can better understand what you are looking at.

Thanks.

 
You can see my chart on my home page

You can see all charts on my home page

 

EUR / USD, H1

Rate for the currency pair is located between the two possible channels: the rising green and blue downward. Currency is traded in fletovom condition. Accordingly, the breakdown of one of the channels enter into force on the opposite channel, as shown in the chart.

Indicators in the area of sales.

Forecast depreciation.

GBP / USD, H1

Pound traded at fletovom condition. Just as the euro exchange rate was between two opposite channels. With the breakdown of one of the channels would be in force opposite. It is worth noting that in this case there is a fairly entrenched level of support - 1.5942, which can become quite a strong barrier for the reduction. Subsequently, the expected growth rate in the breakdown of blue downlink.

Indicators oversold.

Forecast depreciation.

USD / JPY, H1

The dollar continues to strengthen against major currencies. The yen is no exception. Rate decreased, creating a false breakdown of the November support, and again grows formed uplink. Expected continued growth for the current channel.

Indicators in the area shopping.

Forecast appreciation.

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EUR / USD - Technical Analysis eur / usd. January 4, 2010. H1

EUR/USD

Growth pair, which began on December 22, ended December 29, when the couple began their decline. The continuation of this downward movement was followed and on December 30, although the couple had repeatedly tried to test the resistance of up to 1.4360. Today's auction is also conducting a couple with a decrease, failing to overcome the support at 1.4300 and bargaining is currently below this mark. Moving averages EMA21 and EMA55 sent down, MACD and RSI indicators also speak in favor of reducing the couples who are under their central lines and reduced. Continued downward movement is aimed at support at 1.4280, further couple tries to update the current minimum of 1.4256 and then go up to 1.4240. Objective up - testing and consolidation above 1.4300, then move to 1.4320 (with resistance from the descending EMA21), at 1.4340 a couple waiting for the resistance in the form of a downward EMA55.

Support levels: 1.4280, 1.4256, 1.4240 Resistance levels: 1.4300, 1.4320, 1.4340

USD / JPY - Technical Analysis usd / jpy. January 4, 2010. H1

Movement in the side corridor with a range of 91.20-91.80, in which the couple moved from December 22, was completed on 29 December when the couple after repeated testing has broken its upper limit, which allowed the pair to close at 92.00. December 30 pair continued its growth, showing a session for a maximum of 92.80. Today's auctions are held with the continuation of the growth of couples have already tested a mark 93.00. Moving averages EMA21 and EMA55 show steady growth. The MACD and RSI is also spoken in favor of upward movement, while substantially higher than their central lines and also showing growth. RSI indicator at the same time enters the overbought zone. Moving up will be directed at testing the level of 93.00. If the couple is able to gain a foothold above this level, then the next goal will be the mark of 93.25 and then 93.40. The aim down - support at 92.80, after it has overcome the couple is likely to go up to 92.50. for further movement to the 92.30 support will have to overcome the rising EMA21.

Support levels: 92.80, 92.50, 92.30 Resistance levels: 93.00, 93.25, 93.40

GBP / USD - Technical Analysis gbp / usd. January 4, 2010. H1

December 29 and 30 were sufficiently active trading days. Reducing couples Dec. 29 continued downward within the channel, while the couple was trying to grow up, testing the 1.6050 level, but then it abruptly went down to a mark 1.5900. most of the auction on December 30 couple continued to decline, but the level of 1.5850 also went up sharply, breaking the more than 200 points to close at 1.6075. During today's trading couple came up from the downstream channel and tested 1.6150, but then slowly started to decline again entered the channel. Moving averages EMA21 and EMA55 sharply go up, MACD and RSI indicators are above their central lines and reduced, RSI while only came out of the overbought zone. Objective pair up - the next level of testing 1.6100 (with overcoming resistance to the upper boundary of the channel), then the local resistance at 1,612 and then update the current maximum at 1.6150. The motion will go down to 1.6050, then 1.6030 and then testing 1.6000. Movement below 1.6000 may be complicated by support in the form of ascending EMA21 and EMA55.

Support levels: 1.6050, 1.6030, 1.6000 Resistance levels: 1.6100, 1.6125, 1.6150.

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08.01.2010

EUR / USD, H1

Euro / dollar - exchange rate for the currency pair, starting with yesterday's U.S. session, was in flat market. There was a weak test of the rising channel support line, which has not yet established and may be more likely to be false, therefore one should expect the correction to improve the course.

Indicators oversold.

Forecast appreciation.

GBP / USD, H1

Pound / dollar - for the currency pair exchange rate is also traded in fletovom state level in the range of 1.5939, and between the lines of resistance downstream channel and green support. Break these guidelines will give the signal to open positions.

Indicators in the middle zone.

Forecast uncertainty of the market on the trading instrument.

USD / JPY, H1

Dollar / yen - on the Pacific and Asian sessions, the course continues to adjust the level of 93.77. At this stage a retreat from the line of support uplink, as well as the level of support 93.23, with a signal for opening long positions. It is fear of the breakdown level and the support line.

Indicators in overbought zone.

Forecast appreciation.

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12.01.2010 Analytics for pairs of EUR / USD, GBP / USD, USD / JPY

EUR / USD, H1

Currency pair has updated the maximum at 1.4557, after which the rate decreased testing the 1.4452 support level, which at this stage of development is a correction to increase. Now it is possible to build a new uplink with the signal to increase rate to the level of resistance of 1.4557. Also, a correction of the level of resistance with the subsequent breakdown of the bottom of the channel.

Indicators in the middle zone.

Forecast appreciation.

GBP / USD, H1

Pound, breaking through the resistance line yesterday, continues to grow with the new uplink signal to increase the line of support. After the expected correction of the level of 1.6195 to this movement will be the level of 1.6240.

Indicators in the middle zone.

Forecast to increase rates.

USD / JPY, H1

In the currency pair for a given period rather favorable conditions for trade in the fall. Solidified downtrend resistance line Canal makes it possible to open positions on the line after the breakdown of resistance or support levels, as in the case of the level of 91.79. Expected breakdown of resistance, after which the course will again be reduced.

Indicators in the middle zone.

Forecast depreciation.

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