Technical analysis (AUD /USD EUR /GBP EUR /JPY EUR/USD GBP/JPY GBP/USD USD /CH) - page 17
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Major Currencies Analysis 26/01/2011 FXCBS
Wednesday January 26 , 2011
Major Currencies Analysis
EUR/USD
http://www2.fxcbs.com/newsletter/images/EURUSD.gif
The pair Euro against the U.S. dollar trading for three days between the main resistance level at 1.36990 and the main support level at 1.35750 , if we look to the determined indicators we can see a saturation in the Purchasing process , but we can see also that the pair still trading above the level of MA50 , so we should monitor the price very well today , if the pair can break through the support level that mean we may see the target level around the level of 1.34250 , but if the pair can penetrate the level of 1.37160 and close one hour candlestick above it that mean the pair will continue its rising up to the level of 1.38400.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
EUR/USD 1.37170 1.37530 1.38130 1.36520 1.36400 1.36080 1.35480
GBP/USD
http://www2.fxcbs.com/newsletter/images/GBPUSD.gif
We expect more declining for the pair Sterling against the U.S. dollar during the trade today , Stochastic indicators still showing negative sign which may lead the pair to decline to the level of 1.57720 then to the level of 1.56696 , these expectations require a close one hour candlestick below the level of 1.58350.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
GBP/USD 1.58889 1.59620 1.60828 1.58610 1.57427 1.56696 1.55480
USD/JPY
http://www2.fxcbs.com/newsletter/images/USDJPY.gif
The pair U.S. dollar against the Japanese Yen trading below the level of MA50 , these lead us to save our expectation that the pair will decline to reach the level of 81.050 , but we need clear penetration for the level of 81.800.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/JPY 82.440 82.630 82.941 82.290 82.060 81.874 81.563
USD/CHF
http://www2.fxcbs.com/newsletter/images/USDCHF.gif
The pair U.S. dollar against the Swiss Franc can penetrate the level of 0.94450 and close four hours candlestick below it , these lead us to expect more declining for the pair during the trading today to the level of 0.93583 then it may reach to the second target around the level of 0.92910.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/CHF 0.94500 0.94890 0.95430 0.94490 0.93910 0.93580 0.93044
AUD/USD
http://www2.fxcbs.com/newsletter/images/AUDUSD.gif
Determined indicators for the pair Australian dollar against the U.S. dollar showing positive sign which may lead the pair to raise up to the level 1.00450 as the first target but we need a closing for hours candlestick above the level of 0.99740.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
AUD/USD 0.99170 0.99390 0.99740 0.98830 0.98800 0.98530 0.98180
USD/CAD
http://www2.fxcbs.com/newsletter/images/USDCAD.gif
The pair U.S. dollar against the Canadian dollar still trading below the level of 1.00000, Stochastic indicators still given a negative sign , these lead us to save our expectation that the pair will declining during the trading today .
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/CAD 0.99912 1.00166 1.00587 0.99606 0.99404 0.99150 0.98729
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Major Currencies Analysis 27/01/2011 FXCBS
Thursday January 27 , 2011
Major Currencies Analysis
EUR/USD
http://www2.fxcbs.com/newsletter/images/EURUSD.gif
The pair Euro against the U.S. dollar still trade between the two level 1.37200 and the level 1.36450 , we should be careful today and monitor these tow level but we guess that the pair will rise up to achieve more higher goals , despite this we still advice to monitor the price level during the trading today .
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
EUR/USD 1.37170 1.37530 1.38130 1.36520 1.36400 1.36080 1.35480
GBP/USD
http://www2.fxcbs.com/newsletter/images/GBPUSD.gif
We still expect more declining for the pair Sterling against the U.S. dollar during the trading today , determined indicators still given negative sign and the pair still trading below the level of 1.59100 these support our expectation about the pair Sterling against the U.S. dollar.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
GBP/USD 1.58889 1.59620 1.60828 1.58610 1.57427 1.56696 1.55480
USD/JPY
http://www2.fxcbs.com/newsletter/images/USDJPY.gif
The pair U.S. dollar against the Japanese Yen give us a positive sign today through determined indicators and trading around the level MA 50 , these expectations lead us to expect a bullish intraday but we need a close four hours candlestick above the level of 83.100.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/JPY 82.440 82.630 82.941 82.290 82.060 81.874 81.563
USD/CHF
http://www2.fxcbs.com/newsletter/images/USDCHF.gif
The pair U.S. dollar against the Swiss Franc trading below the level of 0.94500 determined indicators still have some negative sign so we expect more declining today to the level of 0.93980 then to the level of 0.93520.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/CHF 0.94500 0.94890 0.95430 0.94490 0.93910 0.93580 0.93044
AUD/USD
http://www2.fxcbs.com/newsletter/images/AUDUSD.gif
Determined indicators for the pair Australian dollar against the U.S. dollar showing positive sign which may lead the pair to raise up to the level 1.00450 as the first target but we need a closing for hours candlestick above the level of 0.99740.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
AUD/USD 0.99170 0.99390 0.99740 0.98830 0.98800 0.98530 0.98180
USD/CAD
http://www2.fxcbs.com/newsletter/images/USDCAD.gif
Stochastic indicators for the pair U.S. dollar against the Canadian dollar still showing negative sign and the pair still trading below the level of MA 50 below the main resistance level at 1.00000 , these lead us to save our expectation that the pair will declining more during the trading today .
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/CAD 0.99912 1.00166 1.00587 0.99606 0.99404 0.99150 0.98729
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Major Currencies Analysis 28/01/2011 FXCBS
Friday January 28 , 2011
Major Currencies Analysis
EUR/USD
http://www2.fxcbs.com/newsletter/images/EURUSD.gif
The pair Euro against the U.S. dollar still trading between the level of 1.37450 and the level of 1.36400, today we can see a saturation in the purchasing process through determined indicators but we can still see that the pair still trading above the level of MA 50, so we advice to monitor these tow level and seeing what the price will do around it.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
EUR/USD 1.37170 1.37530 1.38130 1.36520 1.36400 1.36080 1.35480
GBP/USD
http://www2.fxcbs.com/newsletter/images/GBPUSD.gif
Determined indicators showing saturation in the selling process and the MA 50 still support the price to rise up , so we expect today a bullish intraday which is require a clear penetration to the level of 1.59900 and stability of the trading above the level of 1.58100.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
GBP/USD 1.58889 1.59620 1.60828 1.58610 1.57427 1.56696 1.55480
USD/JPY
http://www2.fxcbs.com/newsletter/images/USDJPY.gif
Determined indicators showing negative sign for the pair U.S. dollar against the Japanese Yen, the pair still trading below the level of 83.000, so we expect that the pair will decline today to the level 82.050, we expect that the pair will penetrate the level of MA 50 and then open the way to achieve our expectations.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/JPY 82.440 82.630 82.941 82.290 82.060 81.874 81.563
USD/CHF
http://www2.fxcbs.com/newsletter/images/USDCHF.gif
Determined indicators for the pair U.S. dollar against the Swiss Franc showing saturation in the purchasing process after the pair made a correction to the level of 0.94600, so we expect today a decline for the pair to achieve new goals.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/CHF 0.94500 0.94890 0.95430 0.94490 0.93910 0.93580 0.93044
AUD/USD
http://www2.fxcbs.com/newsletter/images/AUDUSD.gif
Determined indicators for the pair Australian dollar against the U.S. dollar showing positive sign which may lead the pair to raise up to the level 1.00450 as the first target but we need a closing for hours candlestick above the level of 0.99740.
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
AUD/USD 0.99170 0.99390 0.99740 0.98830 0.98800 0.98530 0.98180
USD/CAD
http://www2.fxcbs.com/newsletter/images/USDCAD.gif
The pair U.S. dollar against the Canadian dollar still trading below the level of 1.00000 also the MA 50 pushing the price to decline so we still expect that the pair will decline during the trading today .
Support & Resistance:
Pair R1 R2 R3 P S1 S2 S3
USD/CAD 0.99912 1.00166 1.00587 0.99606 0.99404 0.99150 0.98729
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bet $euraud should be rising
today june 20th
indicators are those got from this forum
seems quite sure that $euraud will be rising -- look at the chart
will it go as expected ?! [ despite eur/usd and aud/usd could be falling today- monday]
yesterday prediction on $euraud movement is pretty accurate
but no surprise though
AUDUSD
I short if line change white-red-blue-yellow
Let's wait
Japan GDP Disappoints
Japan reported GDP which was well below expectations which is yet another sign that Abenomics is not really working, at least not if the plan is to put Japan back on a path of long-term economic as well as monetary stability.
The Japanese Yen reacted to it, but it was not in a very extreme way. The USD weakness seems to be greater for now and traders have rediscovered the carry trade to some degree. GDP slows down, deflation increases; does it sound familiar?
It should at least and despite projected Japanese economic weakness ahead I will stick to my pre-summer USDJPY 2013 prediction where I stated this currency pair will close 2013 between 90.00 and 92.00.
EUR/GBP falls on reports Germany to back ECB easing
The euro slid against the pound on Tuesday after news reports surfaced revealing Germany would back the use of fresh stimulus tools at the European Central Bank if the need should arise.
In U.S. trading, EUR/GBP was down 0.15% at 0.8144, up from a session low of 0.8136 and off a high of 0.8174.
The pair was likely to find support at 0.8134, the low from Jan. 9, 2013, and resistance at 0.8248, Thursday's high.
The Wall Street Journal reported the German central bank Bundesbank would back monetary easing measures, including a negative rate on bank deposits and purchases of packaged bank loans, if such tools were needed to keep persistently low levels of inflation from becoming entrenched in the euro zone.
Last week, ECB President Mario Draghi said monetary authorities were “comfortable” with acting at their next meeting in June after reviewing the latest economic projections, and the euro fell on sentiments that European monetary policy is set to loosen.
The single currency also came under pressure after data showed that German economic sentiment slumped to a 16-month low in May.
The ZEW Centre for Economic Research reported that its index of German economic sentiment dropped to 33.1 this month from 43.2 in April. Analysts had expected a reading of 41.0.
The current conditions index improved to 62.1 from 59.5 in April, ahead of expectations of 60.5.
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EUR/GBP forecast for the week of September 22, 2014
The EUR/GBP pair fell hard during the course of the week, slicing through the 0.7875 support level. With that, we tested the 0.78 handle, but bounced hard on Friday to close just above the support level. With that, we think that this market will more than likely have significant sideways pressure, and as a result the market from a longer-term standpoint is going to be almost impossible to trade. On the other hand, if we broke down below the lows of this previous five sessions, we would be sellers at that point in time.
EUR/GBP Vulnerable, Bears Eyeing 6-Year Lows at .7760
Last week, we outlined the bearish case for EUR/GBP, concluding:
“If we do see rates drop through [the bottom of the symmetrical triangle pattern at .7840], a continuation down to key support at the six-year low around .7760 is possible” — (see “EURGBP: Euro Getting Pound-ed by Rival” below for more).
That anticipated break occurred late last week, and after an oversold bounce on Monday, it looks like the bears are beginning to assert control once again.
Over the last two days, the pair has peeked back into the triangle pattern twice, but been rejected back lower each time, creating back-to-back Bearish Pin Candles*, or inverted hammers. These candlestick patterns show an intraday reversal from buying to selling pressure and suggest that EURGBP may resume its fall from here.
As we hinted last week, the bearish break in price was indeed foreshadowed, or at least confirmed, by both the MACD and RSI breaking down below their corresponding support lines. Now, the MACD is trending downward below both its signal line and the “0” level, while the RSI could potentially fall another 15 points before reaching oversold territory.
As of writing, a continuation lower is still favored, with minor support at .7800 and more significant support near the 5-year low low .7760 as the next logical targets for bears. Even if rates bounce back into the symmetrical triangle next week, the overall bearish bias will remain within the long-term bearish channel at .7950.
*A Bearish Pin (Pinnochio) candle, or inverted hammer, is formed when prices rally within the candle before sellers step in and push prices back down to close near the open. It suggests the potential for a bearish continuation if the low of the candle is broken.
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