All Blog Entries

Forex Trades 06/27 - European session - by [URL="www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.249
[b]Stop[/b]: 1.2525
[b]Resistances[/b]: 1.2565 - 1.253 - 1.2505
[b]Supports[/b]: 1.241 - 1.244 - 1.2465

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurgbp"]EUR/GBP - Euro / British Pound[/url][/b]
[b]Entry[/b]: 0.7995
[b]Stop[/b]: 0.8015
[b]Resistances[/b]: 0.804 ...

[B]BIAS[/B]: I'd prefer a pullback higher but see the main risk as lower…

[B]Resistance[/B]:... 99.45... 99.93... 100.18-43... 100.78
[B]Support[/B]:........ 98.74... 98.24... 97.59.......... 97.03

[B]MAIN ANALYSIS[/B]: While we saw some minor gains these came to a halt at 99.88 and price then proceeded to dip to 98.74. This development is causing me to feel that we're on the brink of some stronger losses. There is a minor risk that we could see a slight deepening of the correction to 99.85-100.20 (max 100.43) but either from there - or a break below 98.75 - I sense a growing bearish pressure that should extend down through 98.24 and 97.59 to the 97.03 low at least. Take care around here as it could ...

Attached Files

• The Brief Daily Forecaster.pdf (86.7 KB, 44 次查看)

USDJPY’s fall from 80.62 extends to as low as 79.23. Further decline towards the lower line of the price channel on 4-hour chart could be seen, a clear break below the channel support will indicate that the upward movement from 77.66 has completed at 80.62 already, then the following downward movement could bring price to 76.00-77.00 area. On the other side, as long as the channel support holds, the fall from 80.62 could be treated as consolidation of the uptrend from 77.66, and one more rise towards 83.00 is still possible.



Forex Signals

http://www.ablesys.com/fxcm .
See more charts at AbleSys Free Webinars