InstaForex Wave Analysis - page 144

 

USD/JPY Intraday Technical Levels for November 19, 2012

TODAY's TECHNICAL LEVELS:

Resistance 3: 81.67.

Resistance 2: 81.51.

Resistance 1: 81.35.

Support 1: 81.15.

Support 2: 80.99.

Support 3: 80.83.

DESCRIPTION:

Please, pay attention to the levels of support 3 (80.83) and resistance 3 (81.67). In general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.

More analysis - at instaforex.com

 

EUR/USD Intraday Technical Levels for November 20, 2012

TODAY's TECHNICAL LEVELS:

Breakout BUY Level: 1.2844.

Strong Resistance: 1.2836.

Original Resistance: 1.2824.

Inner Sell Area: 1.2811.

Target Inner Area: 1.2781.

Inner Buy Area: 1.2750.

Original Support: 1.2738.

Strong Support: 1.2726.

Breakout SELL Level: 1.2718.

DESCRIPTION:

Today EUR/USD has support and resistance at 1.2738 and 1.2824. The rate is accompanied by strong support at 1.2726 and by 1.2836, as strong resistance.

If EUR/USD breaks out and closes below 1.2718 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.2844 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2750 and at 1.2811, a SELL position. In this case both targets should be located at the level of 1.2781.

Moreanalysis - atinstaforex.com

 

EUR/USD Intraday Technical Levels for November 21, 2012

TODAY's TECHNICAL LEVELS:

Breakout BUY Level: 1.2873.

Strong Resistance: 1.2865.

Original Resistance: 1.2854.

Inner Sell Area: 1.2841.

Target Inner Area: 1.2811.

Inner Buy Area: 1.2780.

Original Support: 1.2768.

Strong Support: 1.2755.

Breakout SELL Level: 1.2748.

DESCRIPTION:

Today EUR/USD has support and resistance at 1.2768 and 1.2854. The rate is accompanied by strong support at 1.2755 and by 1.2865, as strong resistance.

If EUR/USD breaks out and closes below 1.2748 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.2873 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2780 and at 1.2841, a SELL position. In this case both targets should be located at the level of 1.2811.

Moreanalysis - at http://instaforex.com/

 

EUR/USD Intraday Technical Levels for November 22, 2012

TODAY's TECHNICAL LEVELS:

Breakout BUY Level: 1.2916.

Strong Resistance: 1.2908.

Original Resistance: 1.2897.

Inner Sell Area: 1.2885.

Target Inner Area: 1.2854.

Inner Buy Area: 1.2823.

Original Support: 1.2811.

Strong Support: 1.2798.

Breakout SELL Level: 1.2790.

DESCRIPTION:

Today EUR/USD has support and resistance at 1.2811 and 1.2897. The rate is accompanied by strong support at 1.2798 and by 1.2908 as strong resistance.

If EUR/USD breaks out and closes below 1.2790 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.2916 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2823 and at 1.2885, a SELL position. In this case both targets should be located at the level of 1.2854.

Moreanalysis - atinstaforex.com

 

USD/JPY Intraday Technical Levels for November 23, 2012

TODAY's TECHNICAL LEVELS:

Resistance 3: 82.73.

Resistance 2: 82.57.

Resistance 1: 82.40.

Support 1: 82.21.

Support 2: 82.05.

Support 3: 81.88.

DESCRIPTION:

Please, pay attention to the levels of support 3 (81.88) and resistance 3 (82.73). In general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.

Moreanalysis - athttp://instaforex.com/

 

USD/JPY Intraday Technical Levels for November 26, 2012

TODAY's TECHNICAL LEVELS:

Resistance 3: 82.74.

Resistance 2: 82.58.

Resistance 1: 82.41.

Support 1: 82.21.

Support 2: 82.05.

Support 3: 81.88.

DESCRIPTION:

Please, pay attention to the levels of support. 3 (81.88) and resistance. 3 (82.74), in general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign of that these currencies have found trends today.

More analysis - at instaforex.com

 

USD/JPY Intraday Technical Levels for November 27, 2012

TODAY's TECHNICAL LEVELS:

Resistance 3: 82.42.

Resistance 2: 82.26.

Resistance 1: 82.10.

Support 1: 81.90.

Support 2: 81.74.

Support 3: 81.57.

DESCRIPTION:

Please, pay attention to the levels of support 3 (81.57) and resistance 3 (82.42). In general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.

Moreanalysis - at instaforex.com

 

US/JPY Intraday Technical Levels for November 28, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 82.30.

Resistance. 2 : 82.14.

Resistance. 1 : 81.98

Support. 1 : 81.79.

Support. 2 : 81.63.

Support. 3 : 81.46.

DESCRIPTION:

Please, pay attention to the levels of support. 3 (81.46) and resistance. 3 (82.30). In general, when the level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.

Moreanalysis - at instaforex.com

 

GOLD Intraday Technical Analysis

Gold approaches the lower limit of its medium-term bullish channel at 1,707 suggesting a rebound. However, a break of these levels will free a large potential and initiate a violent bearish channel.

Technical indicators provide buy signals and until the support is not broken the assumption of a rebound is most likely. Bollinger bands are

much discarded as a result of a strong decline these days. Stabilization is expected in the short term.

Gold approaches the lower limit of its channel, we suggest 2 scenarios. The first one is the hypothesis of a rebound where we recommend a buy on the level of 1,707 with the 1st objective at 1,717 and then at 1,720.

A breakthrough of 1,704 will invalidate this scenario. The second scenario is a break of its support where we advise a “sell stop” which means to sell gold as soon as it is broken through its support of 1,707 with the 1st objective at 1,697 and then at 1,695. A breakthrough of 1,710 will invalidate this scenario.

More analysis - at instaforex.com

 

EUR/JPY Intraday Technical Analysis

The spot rate is currently testing the intermediate support of its medium-term bullish channel at 106.90 suggesting a rebound. However, a break of these levels will free a large potential and reach the lower limit of its channel at 106.50.

Technical indicators provide sell signals, but until the support is not broken the assumption of a rebound is most likely. Bollinger bands have

greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.

The spot rate is currently testing the intermediate support of its channel, we suggest 2 scenarios. The first one is the hypothesis of a rebound where we recommend a buy on the level of 106.90 with the 1st objective at 107.50 and then at 107.70. A breakthrough of 107.30 will invalidate this scenario. The second scenario is a break of its support where we recommend a “sell stop” which means to sell the spot rate as soon as it has broken through its support of 107.50 with the 1st objective at 106.90 and then at 106.70. A breakthrough of 107.70 will invalidate this scenario.

More analysis - at instaforex.com

Reason: