Tuesday, July 16, 2013

Forex Trading Signals : Tuesday, July 16, 2013 | eurusd gbpusd usdchf usdjpy

EUR/USD: Up Trend
Trading range: 1.3055-1.3155
Buy at :1.3068
Stop Loss: 1.3036
Take Profit: 1.3145

GBP/USD: Up Trend

Trading range: 1.5090-1.5200
Buy at :1.5102

Stop Loss: 1.5070
Take Profit: 1.5190

USD/JPY: Neutral Trend

Trading range: 99.95-99.30
Sell at :99.82
Stop Loss: 100.14
Take Profit: 99.37

USD/CHF: Neutral Trend

Trading range: 0.9490-0.9420
Sell at :0.9478
Stop Loss: 0.9510
Take Profit: 0.9428

Forex Technical Analysis: Tuesday, July 16, 2013 : eurusd gbpusd usdchf usdjpy

EURUSD Analysis. 
No changed in our view, EURUSD remains in uptrend from 1.2756, the fall from 1.3206 is likely correction of the uptrend. Support is at 1.2950, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.3500 is still possible.

Forex: eurusd technical analysis Tuesday, July 16 2013
Forex: eurusd technical analysis Tuesday, July 16 2013


GBPUSD Analysis.
GBPUSD remains in uptrend from 1.4813, the fall from 1.5222 is likely consolidation of the uptrend. Key support is at 1.4900, as long as this level holds, the uptrend could be expected to resume, and one more rise to 1.5400 area is still possible, only break below 1.4900 support could signal completion of the uptrend.


Forex: gbpusd technical analysis Tuesday, July 16 2013
Forex: gbpusd technical analysis Tuesday, July 16 2013


USDCHF Analysis.
USDCHF stays in a trading range between 0.9405 and 0.9535. Initial resistance is at 0.9535, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 0.9751, another fall towards 0.9200 is still possible after consolidation. On the upside, a break above 0.9535 resistance will indicate that lengthier correction of the downtrend is underway, then further rally to 0.9600 area could be seen.


Forex: usdchf technical analysis Tuesday, July 16 2013
Forex: usdchf technical analysis Tuesday, July 16 2013


USDJPY Analysis.
USDJPY broke above 100.00 resistance and reaches as high as 100.48, suggesting that the downward movement from 101.53 had completed. Further rise to test 101.53 resistance could be expected in a couple of days, a break above this level will indicate that the uptrend from 93.79 has resume, then the following upward movement could bring price to 110.00 area. On the downside, as long as 101.53 resistance holds, the rise from 98.27 would possibly be correction of the downtrend from 101.53, one more fall to 95.00 to compete the downward move is still possible.


Forex: usdjpy technical analysis Tuesday, July 16 2013
Forex: usdjpy technical analysis Tuesday, July 16 2013

Monday, July 15, 2013

Forex Technical Analysis: Monday, July 15, 2013 : eurusd gbpusd usdchf usdjpy

EURUSD Analysis. 
EURUSD remains in uptrend from 1.2756, the fall from 1.3206 is treated as correction of the uptrend. Support is at 1.2950, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.3500 is still possible.

Forex: eurusd technical analysis Monday, July 15 2013
Forex: eurusd technical analysis Monday, July 15 2013


GBPUSD Analysis.
GBPUSD remains in uptrend from 1.4813, the fall from 1.5222 is likely consolidation of the uptrend. Support is at 1.5060, as long as this level holds, the uptrend could be expected to resume, and next target would be at 1.5400, only break below 1.5060 support could signal completion of the uptrend.


Forex: gbpusd technical analysis Monday, July 15 2013
Forex: gbpusd technical analysis Monday, July 15 2013


USDCHF Analysis.
USDCHF remains in downtrend from 0.9751, the rise from 0.9405 is treated as consolidation of the downtrend. Resistance is at 0.9535, as long as this level holds, the downtrend could be expected to resume, and next target would be at 0.9300 area. On the upside, a break above 0.9535 resistance will indicate that lengthier correction of the downtrend is underway, then further rally to 0.9600 area could be seen.


Forex: usdchf technical analysis Monday, July 15 2013
Forex: usdchf technical analysis Monday, July 15 2013


USDJPY Analysis.
USDJPY remains in downtrend from 101.53, the rise from 98.27 is treated as consolidation of the downtrend. Resistance is at 100.00, as long as this level holds, the downtrend could be expected to resume, and next target would be at 97.00 area. On the upside, a break above 100.00 resistance will indicate that the fall from 101.53 had completed at 98.27 already, then further rise to test 101.53 resistance could be seen.


Forex: usdjpy technical analysis Monday, July 15 2013
Forex: usdjpy technical analysis Monday, July 15 2013

Wednesday, July 10, 2013

Forex Trading Signals : Wednesday, July 10, 2013 | eurusd gbpusd usdchf usdjpy

EUR/USD: Neutral Trend
Trading range: 1.2760-1.2835
Buy at :1.2773
Stop Loss: 1.2741
Take Profit: 1.2823

GBP/USD: Up Trend

Trading range: 1.4855-1.4965
Buy at :1.4867

Stop Loss: 1.4835
Take Profit: 1.4955

USD/JPY: Down Trend

Trading range: 101.15-100.20
Sell at :101.01
Stop Loss: 101.33
Take Profit: 100.20

USD/CHF: Neutral Trend

Trading range: 0.9745-0.9675
Sell at :0.9735
Stop Loss: 0.9767
Take Profit: 0.9685

Forex: eurusd technical analysis Wednesday, July 10, 2013

EURUSD Analysis.    
EURUSD continues its downward movement from 1.3102, and the fall extends to as low as 1.2756. Further decline is still possible and next target would be at 1.2700 area. Resistance is now located at the downward trend line on 4-hour chart, only a clear break above the trend line resistance could signal consolidation of the downtrend.



Forex: eurusd technical analysis Wednesday, July 10, 2013
Forex: eurusd technical analysis Wednesday, July 10, 2013

GBPUSD Analysis.
GBPUSD continues its downward movement from 1.5304, and the fall extends to as low as 1.4813. Further decline is still possible and next target would be at 1.4700 area. Key resistance is at 1.4980, only break above this level could signal completion of the downtrend.




Forex: gbpusd technical analysis Wednesday, July 10, 2013
Forex: gbpusd technical analysis Wednesday, July 10, 2013

USDCHF Analysis.
USDCHF’s upward movement from 0.9130 extends to as high as 0.9751. Further rise could be expected after a minor consolidation, and next target would be at 0.9800 area. Initial support is at 0.9680, and the key support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend will continue.




Forex: usdchf technical analysis Wednesday, July 10, 2013
Forex: usdchf technical analysis Wednesday, July 10, 2013

USDJPY Analysis.
USDJPY is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will indicate that consolidation of the uptrend is underway, then pullback to 99.50 – 100.00 area to complete the consolidation could be seen. On the upside, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 102.50 area.




Forex: usdjpy technical analysis Wednesday, July 10, 2013
Forex: usdjpy technical analysis Wednesday, July 10, 2013

Tuesday, July 9, 2013

Forex Trading Signals : Twesday, July 9, 2013 | eurusd gbpusd usdchf usdjpy

EUR/USD: UP Trend
Trading range: 1.2845-1.2945
Buy at :1.2857
Stop Loss: 1.2825
Take Profit: 1.2934

GBP/USD: Neutral Trend

Trading range: 1.4920-1.5000
Buy at :1.4933

Stop Loss: 1.4901
Take Profit: 1.4988

USD/JPY: Neutral Trend

Trading range: 100.90-101.60
Buy at :101.01
Stop Loss: 100.69
Take Profit: 101.46

USD/CHF: Neutral Trend

Trading range: 0.9665-0.9595
Sell at :0.9653
Stop Loss: 0.9685
Take Profit: 0.9603

Forex Technical Analysis: Twesday, July 9, 2013 : eurusd gbpusd usdchf usdjpy

EURUSD Analysis. 
EURUSD remains in downtrend from 1.3102, the rise from 1.2806 is likely consolidation of the downtrend. Key resistance is now located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to resume, and another fall to 1.2700 is still possible after consolidation.

Forex: eurusd technical analysis  Twesday, July 9
Forex: eurusd technical analysis  Twesday, July 9


GBPUSD Analysis.
GBPUSD remains in downtrend from 1.5751, the rise from 1.4859 is treated as consolidation of the downtrend. Resistance is at 1.5000, as long as this level holds, the downtrend could be expected to resume, and next target would be at 1.4750 area.


Forex:  gbpusd technical analysis  Twesday, July 9
Forex:  gbpusd technical analysis  Twesday, July 9


USDCHF Analysis.
USDCHF stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9130, and the rise extends to as high as 0.9667. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 0.9700 area.


Forex:  usdchf technical analysis  Twesday, July 9
Forex:  usdchf technical analysis  Twesday, July 9


USDJPY Analysis.
USDJPY stays above a upward trend line on 4-hour chart, and remains in uptrend from 93.79. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 102.50 area. On the downside, a clear break below the trend line support will indicate that consolidation of the uptrend is underway, then the pair will find support around 99.50.


Forex:  usdjpy technical analysis  Twesday, July 9
Forex:  usdjpy technical analysis  Twesday, July 9

Monday, July 8, 2013

Forex Trading Signals : Monday, July 8, 2013 | eurusd gbpusd usdchf usdjpy

EUR/USD: Neutral Trend
Trading range: 1.2850-1.2780
Sell at :1.2840
Stop Loss: 1.2872
Take Profit: 1.2790

GBP/USD: Neutral Trend

Trading range: 1.4910-1.4830
Sell at :1.4899

Stop Loss: 1.4931
Take Profit: 1.4844

USD/JPY: Neutral Trend

Trading range: 100.80-101.50
Buy at :100.92
Stop Loss: 100.60
Take Profit: 101.37

USD/CHF: Neutral Trend

Trading range: 0.9630-0.9705
Buy at :0.9642
Stop Loss: 0.9610
Take Profit: 0.9692

Forex Technical Analysis: Monday, July 8, 2013 : eurusd gbpusd usdchf usdjpy


EURUSD Analysis.
EURUSD’s downward movement from 1.3415 extends to as low as 1.2806. Further decline is still possible after a minor consolidation, and next target would be at 1.2700 area. Key resistance is at 1.2950, only break above this level could signal completion of the downtrend.

Forex: eurusd technical analysis  Monday, July 8
Forex: eurusd technical analysis  Monday, July 8


GBPUSD Analysis.
GBPUSD’s downward movement from 1.5751 extends to as low as 1.4859. Further decline is still possible after a minor consolidation, and next target would be at 1.4750 area. Resistance is at 1.5000, only break above this level could signal completion of the downtrend.


Forex: gbpusd technical analysis  Monday, July 8
Forex: gbpusd technical analysis  Monday, July 8


USDCHF Analysis.
USDCHF’s upward movement from 0.9130 extends to as high as 0.9664. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and further rise towards 0.9800 area could be seen over the next several days. On the downside, a clear break below the trend line support will suggest that consolidation of the uptrend is underway, then the pair will find support around 0.9450.


Forex: usdchf technical analysis  Monday, July 8
Forex: usdchf technical analysis  Monday, July 8


USDJPY Analysis.
USDJPY breaks above 100.85 resistance, and continues its upward movement from 93.79, and the rise extends to as high as 101.53. Support is located at the upward trend line on 4-hour chart, as log as the trend line support holds, the uptrend could be expected to continue, and next target would be at 102.50 area, only a clear break below the trend line support could signal completion of the uptrend.

Forex: usdjpy technical analysis  Monday, July 8
Forex: usdjpy technical analysis  Monday, July 8

Friday, July 5, 2013

Forex Trading Signals : Friday, July 5, 2013 | eurusd gbpusd usdchf usdjpy

EUR/USD: Down Trend
Trading range: 1.2915-1.2810
Sell at :1.2901
Stop Loss: 1.2933
Take Profit: 1.224

GBP/USD: Down Trend

Trading range: 1.5060-1.4950
Sell at :1.5050

Stop Loss: 1.5082
Take Profit: 1.4962

USD/JPY: Up Trend

Trading range: 100.10-101.05
Buy at :100.22
Stop Loss: 99.90
Take Profit: 100.94

USD/CHF: Up Trend

Trading range: 0.955-0.9665
Buy at :0.9567
Stop Loss: 0.94535
Take Profit: 0.9651

Forex Technical Analysis: Friday, July 5, 2013 : eurusd gbpusd usdchf usdjpy

EURUSD Analysis. 
EURUSD continues its downward movement from 1.3415, and the fall extends to as low as 1.2883. Further decline could be expected after a minor consolidation, and next target would be at 1.2850 area. Key resistance is located at the upper line of the price channel on 4-hour chart, only a clear break above the channel resistance could signal completion of the downtrend.

Forex: eurusd technical analysis  Friday, July 5
Forex: eurusd technical analysis  Friday, July 5


GBPUSD Analysis.
GBPUSD breaks below 1.5130 support and continues its downward movement from 1.5751, and the fall extends to as low as 1.5027. Further decline is still possible, and next target would be at 1.4950 area. Key resistance is now at 1.5304, only break above this level could signal completion of the downtrend.


 Forex: gbpusd technical analysis  Friday, July 5
 Forex: gbpusd technical analysis  Friday, July 5


USDCHF Analysis.
USDCHF stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.9130, and the rise extends to as high as 0.9583. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is now at 0.9446, as long as this support holds, the uptrend could be expected to continue, and next target would be at 0.9650 area. On the downside, a breakdown below 0.9446 support will indicate that the uptrend from 0.9130 had completed, then the following downward movement could bring price back to 0.9000 zone.


 Forex: usdchf technical analysis  Friday, July 5
 Forex: usdchf technical analysis  Friday, July 5


USDJPY Analysis.
USDJPY remains in uptrend from 93.79, the price action from 100.85 could be treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to resume, and one more rise to 102.00 area is still possible. On the downside, a clear break below the channel support will indicate that the uptrend from 93.79 had completed, then the following downward movement could bring price to 95.00 – 96.00 area.


 Forex: usdjpy technical analysis  Friday, July 5
 Forex: usdjpy technical analysis  Friday, July 5