Update - Daily Technical Levels from FXCC - page 10

 

Daily Technical Analysis by FXCC October 17 2011

Daily Technical Analysis by FXCC October 17 2011

Euro vs US Dollar Strength in EURUSD is likely to continue.

We see a less chances of an immediate fall on the instrument for short-term technical outlook.

Next upside barriers follow (1.39394) at (1.40021) and (1.41102).

Our bias is on buying EURUSD with a stop loss under (1.37132) for today

R1: 1.39394| R2: 1.40021 | R3: 1.41102 | R4: 1.41729 | R5: 1.42810

S1: 1.38261 | S2: 1.37686 | S3: 1.37232 | S4: 1.36732 | S5: 1.36179

Great Britian Pound vs US Dollar Strength in GBPUSD is likely to continue.

We see a less chances of an immediate fall on the instrument for short-term technical outlook.

Next upside barriers follow (1.59270) at (1.60019) and (1.60574).

Look for long positions for current trading session.

R1: 1.59270| R2: 1.60019 | R3: 1.60574 | R4: 1.61323 | R5: 1.61823

S1: 1.57411| S2: 1.56889 | S3: 1.56243 | S4: 1.55425 | S5: 1.54925

US Dollar vs Japanise Yen The outlook has grown increasingly bullish since USDJPY had remained above its latest swing low at (76.574).

If this support level is broken to the downside, the outlook will deteriorate.

Try to buy on depth with a stop loss below (76.574).

R1: 77.447 | R2: 77.773 | R3: 78.100 | R4: 78.400 | R5: 78.727

S1: 76.674 | S2: 76.311 | S3: 75.892 | S4: 75.592 | S5: 75.292

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 
 
 

what a joke, next to china town, is the sexy red light district

people could get more employment (last few hours) in pub (place to get drunk) rather than open botique shops, so many generation old guitar, chemist shop in every big town high street --

anyway, british only travel and shop at selfridge

shop of SUN newspaper too

----------------

woah, have not seen something that LONG, usually much shorter

i.e. it is saying, bet long, until these line vanish

 
 
 
 

Daily Technical Analysis by FXCC October 25

Daily Technical Analysis by FXCC October 25

Euro vs. US Dollar (EURUSD):We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.38115) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.39818) resistance. Try to buy on depth with a stop loss below (1.38115).

R1: 1.39818| R2: 1.40368 | R3: 1.41169 | R4: 1.41719 | R5: 1.42520

S1: 1.38692 | S2: 1.38271 | S3: 1.37828 | S4: 1.37313 | S5: 1.36730

Great Britain Pound vs. US Dollar (GBPUSD):We expect a bullish overall direction for today. That requires the base to build on (1.59270); targeting (1.60754) then (1.61428). A break under (1.58900) support area will extend losses to (1.56923). Our bias is on buying GBPUSD with a stop loss under (1.58900) for today.

R1: 1.60754| R2: 1.61428 | R3: 1.62507 | R4: 1.63007 | R5: 1.63507

S1: 1.59270| S2: 1.58596 | S3: 1.58035 | S4: 1.57517 | S5: 1.56923

US Dollar vs. Japanese Yen USDJPY (USDJPY):We expect a bearish overall direction for today. as far as (76.584) remains intact; targeting (75.690) then (75.193). A close above (76.584) resistance area will extend gains to (77.982). You may try to sell from (76.484), (76.885), and (77.382) with a stop loss above (76.584).

R1: 76.484 | R2: 76.885 | R3: 77.382 | R4: 77.682 | R5: 77.982

S1: 75.690 | S2: 75.193 | S3: 74.893 | S4: 74.593 | S5: 74.293

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC October 26

Daily Technical Analysis by FXCC October 26

Euro vs. US Dollar (EURUSD):We believe that possible bullishness could be seen during this trading session. Support is at (1.38811). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish. Longing EURUSD is advisable for today.

R1: 1.39539| R2: 1.40177 | R3: 1.40750 | R4: 1.41298 | R5: 1.41871

S1: 1.38508 | S2: 1.38084 | S3: 1.37387 | S4: 1.36814 | S5: 1.36414

Great Britain Pound vs. US Dollar (GBPUSD):We see high chances of the pair move up gradually towards (1.61637 – 1.62137). A proper confirmation would occur if the GBPUSD will manage to overcome the (1.60811) resistance over today`s trading session. Look for long positions for today`s trading session.

R1: 1.60811| R2: 1.61637 | R3: 1.62137 | R4: 1.62637 | R5: 1.63137

S1: 1.59159| S2: 1.58478 | S3: 1.57928 | S4: 1.57306 | S5: 1.56315

US Dollar vs. Japanese Yen USDJPY (USDJPY):USDJPY maintains a bid tone for now. Break above (76.400) may trigger further recovery of the USDJPY. Going bellow latest swing low at (75.735), however, would confirm continuation of the bearish trend, towards next objective downwards (74.604). Shorting USDJPY is advisable for today.

R1: 76.484 | R2: 76.899 | R3: 77.453 | R4: 77.753 | R5: 78.053

S1: 75.735 | S2: 75.204 | S3: 74.904 | S4: 74.604 | S5: 74.304

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC October 27

Daily Technical Analysis by FXCC October 27

Euro vs. US Dollar (EURUSD): We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.38811) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.39539) resistance. Look for long positions for current trading session.

R1: 1.39539 | R2: 1.40698 | R3: 1.41642 | R4: 1.42474 | R5: 1.43418

S1: 1.38432 | S2: 1.37879 | S3: 1.37313 | S4: 1.36730 | S5: 1.36314

Great Britain Pound vs. US Dollar (GBPUSD): We expect a bullish overall direction for today. That requires the base to build on (1.59000); targeting (1.60389) then (1.61190). A break under (1.58805) support area will extend losses to (1.56645). Look for long positions for today`s trading session.

R1: 1.60389 | R2: 1.61190 | R3: 1.61959 | R4: 1.62705 | R5: 1.63474

S1: 1.59000 | S2: 1.58478 | S3: 1.57840 | S4: 1.57306 | S5: 1.56645

US Dollar vs. Japanese Yen USDJPY (USDJPY): We see high chances of the pair move down gradually towards (75.461 – 74.851). A proper confirmation would occur if the USDJPY will manage to close below the (75.819) support over today`s trading session. Try to sell on rallies with a stop loss above (76.422).

R1: 76.484 | R2: 77.039 | R3: 77.453 | R4: 77.753 | R5: 78.053

S1: 75.819 | S2: 75.461 | S3: 74.851 | S4: 74.551 | S5: 74.251

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis