Login

User Name:  
Password::  
Forgot Password?
Sign up with

Join now (it's free)

User Name:
First Name:
Last Name:
Email:
Password::
Forums > Commercial Zone > Third Party Market Analytics > Daily Currency Analysis & Strategy
Messages (788 Replies)
  •  
  •  
  •  
  •  
  •  
  Sort:
23 Jul 2015 10:36 AM
USDJPY: Consolidation Sets In But With Upside Bias

USDJPY:  Corrective pullback may have ended leaving the pair threatening its medium term trend resumption. If this is seen, resistance resides at the 124.50 level with a turn above here aiming at the 125.00 level. A break will target the 125.50 level. Further out, resistance comes in at the 126.00 level where a violation will aim at the 126.50 level. Conversely, support comes in at the 123.50 level where a break will target the 123.00 level. Below here if seen will aim at the 122.50 level followed by the 122.00 level. On the whole, USDJPY remains exposed to the upside.

 
 
Edited:23 Jul 2015 10:37 AM
24 Jul 2015 6:50 AM
AUDUSD: Weakens On Trend Resumption

AUDUSD:  Having continued to maintain its broader downtrend, further bearishness is envisaged. On the downside, support resides at the 0.7250 level where a breach will aim at the 0.7200 level. Below that level will set the stage for a run at the 0.7150 level with a cut through here targeting further downside towards the 0.7100 level. On the upside, resistance lies at the 0.7350 level. A cut through here will turn attention to the 0.7400 level and then the 0.7450 level where a violation will set the stage for a retarget of the 0.7500 level. On the whole, AUDUSD continues to retain its broader downtrend pressure.



25 Jul 2015 10:28 AM
USDCHF: Retains Recovery Risk

USDCHF: With the pair taking back almost all of its past week losses to close marginally higher, it faces the risk of a move higher in the new week. On the downside, support comes in at the 0.9550 level. A turn below here will open the door for more weakness to occur towards the 0.9500 level and then the 0.9450 level. A cut through here will open the door for additional weakness towards the 0.9400 level. Resistance resides at the 0.9650 level with a breach targeting the 0.9700 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 0.9761 level. All in all, the pair remains biased to the upside on further strength.

26 Jul 2015 12:09 PM
EURUSD: Biased To Upside On Recovery.

EURUSD:  Having EUR taken back most of its previous week losses to close higher the past week, we could see more recovery occurring. This development leaves risk higher in the new week though with caution. Support lies at the 1.0900 level where a violation will aim at the 1.0850 level. A break of here will aim at the 1.0600 level with a turn below that level targeting the 1.0550 level. Resistance is seen at 1.1050 level with a cut through here opening the door for more downside towards the 1.1100 level. Further up, resistance lies at the 1.1150 level where a break will expose the 1.1200 level. All in all, EUR remains biased to the downside medium term.
27 Jul 2015 9:04 AM
USDJPY: Weakens Further On Correction

USDJPY: With USDJPY weakening further on correction on Monday, further downside pressure is envisaged. On the upside, resistance resides at the 124.00 level with a turn above here aiming at the 124.50 level. A break will target the 125.00 level. Further out, resistance comes in at the 125.50 level where a violation will aim at the 126.00 level. On the downside, support comes in at the 123.00 level where a break will target the 122.50 level. Below here if seen will aim at the 122.00 level followed by the 121.50 level. Its daily RSI is bearish and pointing lower supporting this view. On the whole, USDJPY remains exposed to the downside on correction.

27 Jul 2015 11:44 AM
USDX technical analysis for July 27, 2015
The weekly chart is getting dangerously bearish. The price got rejected at the blue trendline resistance and has now broken below the weekly kijun-sen support. Although it is early in this week's candle, breaking below the tenkan-sen (red line indicator) at 95.80 will be a bearish signal. Bulls need to step in and reverse trend otherwise the longer-term bullish scenario will be in danger. A break below 95.50 could imply that we could even see a new weekly low towards 90 as the form of the rise from 93.10 is corrective and not impulsive.
28 Jul 2015 8:52 AM
GBPJPY: Triggers Recovery, Eyes More Upside.

GBPJPY: Outlook for the cross remains higher having triggered a strong recovery on Tuesday. We look for more strength to occur towards the 194.00 level. On the upside, resistance lies at the 195.00 level followed by the 196.00 level where a break will aim at the 197.00 level. A cut through here will aim at the 198.00 level. Further out, the 197.00 level comes in as the next resistance. Its daily RSI has turned higher supporting this view.  On the downside, support comes in at the 192.00 level where a violation will aim at the 191.00 level. A break below here will target the 190.00 level followed by the 189.00 level. All in all, the cross remains biased to the upside on correction

29 Jul 2015 8:20 AM
Technical analysis of USD/JPY for July 29, 2015
 
In Asia, Japan will release Retail Sales y/y, and the US will publish economic data on the Federal Funds Rate, FOMC Statement, Crude Oil Inventories, and Pending Home Sales m/m. So, there is a strong probability that USD/JPY will move with low tomedium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.10.

Resistance. 2: 123.86.

Resistance. 1: 123.62.

Support. 1: 123.31.

Support. 2: 123.07.

Support. 3: 122.83.
Edited:30 Jul 2015 1:49 AM
29 Jul 2015 10:41 AM
GBPUSD: Outlook Remains Higher On Corrective Recovery
 
GBPUSD: Having continued to hold on to its recovery bias by extending its strength during Wednesday trading session, further move higher is expected. On the upside, resistance resides at the 1.5700 level with a break aiming at the 1.5750 level. A violation will aim at the 1.5800 level and possibly higher towards the 1.5850 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support lies at the 1.5600 level where a break if seen will aim at the 1.5550 level. A break of here will turn attention to the 1.5500 level. Further down, support lies at the 1.5450 level. On the whole, GBP looks to retain its recovery bias.
30 Jul 2015 12:11 AM
CRUDE OIL: Triggers Correction, Eyes More Strengthen

CRUDE OIL: With the commodity closing higher on further correction on Wednesday, it faces further upside pressure. On the downside, support lies at the 48.00 level where a break will expose the 47.00 level. A break will aim at the 46.00 level and then the 45.00 level. Below here will open the door for a run at the 44.00 level. On the upside, resistance resides at the 50.00 level where a break will expose the 51.00 level followed by the 52.00 level. A cut through here will aim at the 53.00 level. All in all, Crude Oil remains biased to the downside medium term.
30 Jul 2015 1:18 PM
EURUSD: Sees Price Extension, Eyes The 1.0800 Level

EURUSD:  With EUR extending its price weakness during Thursday trading session, threats of further downside pressure is envisaged. Support lies at the 1.0850 level where a violation will aim at the 1.0800 level. A break of here will aim at the 1.0750 level with a turn below that level targeting the 1.0700 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely, resistance is seen at 1.0950 level with a cut through here opening the door for more downside towards the 1.1000 level. Further up, resistance lies at the 1.1050 level where a break will expose the 1.1100 level. All in all, EUR remains biased to the downside in the medium term. 

31 Jul 2015 8:17 AM
GBPJPY: Sets Up To Correct Lower

GBPJPY: The cross remains vulnerable to the downside after failing at higher level prices on Thursday. On the downside, support comes in at the 193.00 level where a violation will aim at the 192.00 level. A break below here will target the 191.00 level followed by the 190.00 level. On the upside, resistance lies at the 194.00 level followed by the 195.00 level where a break will aim at the 196.00 level. A cut through here will aim at the 197.00 level. Further out, the 198.00 level comes in as the next resistance. All in all, the cross remains biased to the downside short term.

01 Aug 2015 10:06 AM
USDCHF: Sees Price Hesitation

USDCHF: Broader outlook for USDCHF may be higher but it faces the risk of a move lower following its price hesitation the past week. Resistance resides at the 0.9700 level with a breach targeting the 0.9750 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 0.9800 level. On the downside, support comes in at the 0.9600 level. A turn below here will open the door for more weakness to occur towards the 0.9550 level and then the 0.9500 level. A cut through here will open the door for additional weakness towards the 0.9450 level. All in all, the pair remains biased to the upside on further strength.

02 Aug 2015 12:32 PM
EURUSD: Loses Upside Momentum, Faces Downside Risk

EURUSD:  Having EUR reversed its entire past week gains to close flat, it now faces risk of a move lower in the new week. Support lies at the 1.0900 level where a violation will aim at the 1.0850 level. A break of here will aim at the 1.0600 level with a turn below that level targeting the 1.0550 level. Resistance is seen at 1.1050 level with a cut through here opening the door for more downside towards the 1.1100 level. Further up, resistance lies at the 1.1150 level where a break will expose the 1.1200 level. All in all, EUR remains biased to the downside medium term.
02 Aug 2015 9:52 PM
GOLD: Corrective Risk Developing

GOLD:  With a marginal lower close seen the past following its price rejection, a move higher could be developing. Support comes in at the 1,080.00 level where a break will aim at the 1,069.00 level. A cut through here will open the door for move lower towards the 1,040.00 level. Below here if seen could trigger further downside pressure towards the 1,000.00 level. On the upside, resistance resides at the 1,210.08 level where a break will aim at the 1,225.000 followed by the 1,250.00 level. A violation of here will turn attention to the 1,270.00 level followed by the 1,180.00 level.. All in all, GOLD remains biased to the downside medium term but faces corrective recovery threats.

You are not authorized to post a reply.
Page 5 of 53 << < 34567 > >>
Top
An e-mail with your verification code has been sent to your e-mail address. Please access your in-box and use the verification button or verification code to complete your registration.
You already have an account linked with this E-mail (it maybe standard or social login). Please, sign in with it.
Please, provide us your e-mail so we can verify your account.
Email: