Forex Technical Analysis - page 4

 

Analisa Teknikal EUR/USD 4 March 2013

Daily bias in EUR / USD remains on the downside for the moment. As long as 1.3161 minor resistance untouched, short term outlook remains bearish and a deeper decline towards 1.2661 key support level. Instead, break of 1.3161, indicating short term bottoming and turn bias to the upside for recovery.

Analisa Teknikal GBP/USD 4 Maret 2013

Daily bias in GBP / USD remains on the downside for the moment. Break of 1.5000 will open the way to 1.4229 key support level. Instead, break of 1.5221 to confirm short term bottoming. Otherwise, short term outlook remains bearish.

 

Technical Analysis USD / CHF March 13, 2013/B]

Daily bias in USD / CHF is turned neutral (sideway) for now. While the peak formed at 0.9551. A further decline could be seen to EMA55 H4 (now at 0.9427). But the downside is limited by 0.9339 (support) and bring rise. Rebound from 0.9021 is likely to continue to 0.9608 (61.8% retracement of 0.9971 to 0.9021). However, break of 0.9339 suggests that such rebound is completed and will turn bias back to the downside.

Technical Analysis USD / JPY March 13, 2013

USD / JPY fell sharply after rising to 96.70, with H4 MACD below signal line. Daily bias is turned neutral (sideway). The decline can be traced back to the EMA55 H4 (now at 95.54). But the downside is limited above 92.91 (support) and bring rally. 96.70 Break will continue to trend up from 77.13 towards 100.00 psychological level.

Technical Analysis EUR / USD March 13, 2013

Further decline is still expected with 1.3134 minor resistance. Break 1.3000 would imply a larger bearish and send EUR / USD to next key support level at 1.2661. However, break of 1.3134 indicates that the short term bottoming and bring rebound back formed into EMA55 daily (now at 1.3192).

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Technical Analysis USD / JPY March 14, 2013

USD / JPY was in a tight range below 96.70 and the daily bias remains neutral (sideway). Downside should be limited by 94.55 (support) and bring rally. The increase is expected to continue and break 96.70 will continue to trend up from 77.13 towards 100.00 psychological level.

Technical Analysis USD / CHF March 14, 2013

USD / CHF rose after EMA55 support H4 but upside is still limited below 0.9551. Daily bias is neutral (sideway). Downside should be limited by 0.9339 support and bring rebound. The increase from 0.9021 is expected to continue and will likely continue to 0.9608 (61.8% retracement of 0.9971 to 0.9021). However, break of 0.9339 suggests that rebound is finished and turn bias back to the downside.

Technical Analysis GBP / USD March 14, 2013

Daily bias in GBP / USD remains neutral (sideway) and consolidation could be seen above 1.4830. But short term outlook remains bearish with 1.5198 resistance. The decline from 1.6380 is still in progress and target 1.4229 key support level next. However, break of 1.5198 indicates short term bottoming and bring further consolidation.

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Technical Analysis GBP / USD 9 April 2013

With H4 MACD below signal line, bias daily GBP / USD unchanged neutral (sideway). Rebound from 1.4830 is viewed as a correction only. We expect strong resistance of 1.5422 (38.2% retracement of 1.6380 to 1.4830) to limit upside and bring reversal. Break 1.5198 (minor support) will turn bias back to the downside. Break will bring retest 1.5032 1.4830. However, break 1.5422 would open up the prospect of a strong rally to 61.8% retracement at 1.5788.

Technical Analysis EUR / USD 9 April 2013

EUR / USD 's rebound from 1.2746 extends further to 1.3067 so far. Daily bias remains on the upside for 1.3114 (38.2% retracement of 1.3710 to 1.2746). Break there will target 61.8% retracement at 1.3342 and possibly above. Instead, break 1.2900 will turn focus back to 1.2661 key support level.

 

Technical Analysis EUR / USD May 8, 2013

Bias Daily EUR / USD remains neutral (sideway) for now. During untouched 1.2954, rebound from 1.2746 is still support to continue and break will target 1.3342 1.3242 (61.8% retracement of 1.3710 to 1.2746). However, a break of 1.2954 will indicate that such rebound has completed and retest on 1.2746 at the same time completing the rebound from 1.2746 in three wave corrective structure and have a larger bearish implications.

Technical Analysis USD / JPY May 8, 2013

Intraday bias remains neutral (sideway) for the moment and consolidation from 99.94 could extend further. Break 97.95 (minor support) would bring further fall. But the downside was conceived by 95.74 and bring rebound. Break of 99.94 will target 104.65 (161.8% projection of 77.13 to 96.70 from 92.56).

 

Technical Analysis GBP / USD May 8, 2013

Break of 1.5467 (minor support) first warning that corrective rebound from 1.4830 likely completed after hitting 1.5606 (50% retracement of 1.6380 to 1.4830). Intraday bias is slightly on the downside for 1.5196 support. Break there will confirm outlook bearish for a retest on 1.4830. However, Break 1.5606 will bring rise towards 1.5788 (61.8% retracement of 1.6380 to 1.4830).

 

Technical Analysis USD / CHF May 10, 2013

USD / CHF rises further to as high as 0.9525 so far today and the break of 0.9498 indicates that consolidation from 0.9566 has completed. Intraday bias is back on the upside for retesting 0.9566. Break there will confirm resumption of rebound from 0.9021. On the contrary, break 0.9436 will turn bias to neutral (sideway) again.

Technical Analysis USD / JPY May 10, 2013

USD / JPY rose to as high as 101.19 so far today and finally 100.00 psychological level has been exceeded. Current will rise towards 104.65 (161.8% projection of 77.13 to 96.70 from 92.56). On the other hand, break of 99.45 support indicates signal short term topping. Otherwise, outlook will remain bullish.

echnical Analysis GBP / USD May 10, 2013

Break of 1.5446 minor support indicates an increase from 1.4830 has completed at 1.5606. Intraday bias is back on the downside for 1.5196. Break there will confirm the bearish outlook for a retest on 1.4830.

 

Technical Analysis EUR / USD May 13, 2013

Bias Daily EUR / USD remains mildly on the downside for the moment. Corrective rebound from 1.2746 might have completed at 1.3242. Further decline would lead to 1.2746. Break there will resume the whole decline from 1.3710 and at least bring decline to 100% projection of 1.3710 to 1.2746 from 1.3242 at 1.2278. On the other hand, break of 1.3050 (minor resistance) would change the bias to neutral and bring recovery.

Technical Analysis GBP / USD May 13, 2013

Bias Daily GBP / USD remains on the downside for the moment. Corrective rebound from 1.4830 has completed at 1.5606 after hitting 1.5605 (50% retracement of 1.6380 to 1.4830). Further decline should be seen towards 1.5196. Break there will confirm bearish and target a retest on 1.4830 support next. Instead, break 1.5456 (minor resistance) would change the bias to neutral (sideway). But the downside risk for 1.5606 (resistance) has not been touched.

 

Technical Analysis GBP / USD May 14, 2013

Bias Daily GBP / USD remains on the downside for 1.5196 support. Break there will confirm that corrective rebound from 1.4830 has completed at 1.5606 after reaching a 50% retracement of 1.6380 to 1.4830 at 1.5605. In such case, the decline can be seen to retest 1.4830 (next support). On the contrary, break 1.5384 (minor resistance) would change the bias to neutral. But downside risk remains as long as 1.5606 resistance has not been touched.

Technical Analysis EUR / USD May 14, 2013

H4 MACD crossed above signal line, intraday bias is turned neutral. Some consolidation would be seen but downside risks will remain as long as 1.3194 resistance has not been touched. Break would bring decline towards 1.2935 1.2746. Break there will resume the whole decline from 1.3710 and from at least bring decline to 100% projection of 1.3710 to 1.2746 from 1.3242 at 1.2278.

Technical Analysis USD / CHF May 14, 2013

H4 MACD crossed above signal line, the peak formed at 0.9627 and intraday bias is turned neutral. Some consolidation would be seen but downside limited by 0.9436 support and bring rally back. break of 0.9627 will resume rebound towards 0.9751 0.9021 (100% projection of 0.9021 to 0.9566 from 0.9206).

 

Technical Analysis EUR / USD August 19, 2013

Bias Daily EUR / USD remains neutral for the moment. 1.3400/16 resistance zone looks risky now. Break of 1.3416 will have larger bullish implication and would target 1.3710 (next resistance). However, if the turn around and break 1.3182 support, suggesting that rebound from 1.2755 has completed at 1.3400. In such case, deeper decline could be seen to test 1.2755 support.

Technical Analysis GBP / USD August 19, 2013

Bias Daily GBP / USD remains on the upside and now will continue higher. But we will be careful to strong resistance from 1.5751 and 100% projection of 1.4813 to 1.5433 from 1.5101 at 1.5721 and bring that limit hike reversal. Break 1.5422 (minor support) will turn bias back to the downside. Break 1.5101 will indicate that rebound from 1.4813 has completed and bring deeper decline. However, a break of 1.5751 will have larger bullish implication and will shift the focus back to 1.6380 (resistance).

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