London session review and outlook June 26 - 2012
Review of markets covered in today's edition of Bulls vs. Bears: EUR/USD, GBP/USD, AUD/USD, FTSE100, S&P500, Gold, Brent Crude and WTI.
Regards
Alejandro Zambrano
Currency Strategist | DailyFX Forum (London) azambrano@fxcm.com
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Lower UK Inflation Expectations Could Lower Cable- Close below 1.5520 is the trigger for me to get short
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GBP/USD looks to trade to the 1.5575 low but as we can see in the charts price has reversed here before and there is more support at 1.5540 - I am therefore bullish as long as we trade above 1.5540 and signs that traders are supporting price when we reach the 1.5575 area is most likely going to be used by traders to enter long position aiming for 1.5670 and possibly 1.57 which is today's R2 level of the pivot point indicator.
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GBP/USD 60 min chart
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i see a nice potential explsive move waiting to happen.
if we stay above the daily pivot (green) then i see price breaking above weekly pivot for a move up 1.2700/20
Is the chart you have posted from FXCM platform? or any other source, i see elliott waves in that.
Regards
ewaves
Hello ewaves. The wave counts that I post are from Esignal.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
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Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Wer es vielleicht ein wenig einfacher mag mit der Chartanalyse, dem erschliesst sich vielleicht die eine oder andere Erkenntnis aus einem etwas größerem Blickwinkel.
Ich habe mir das Momentum auf 3 Zeitebenen angesehen (D/4H/1H) und die hier mal zur Ansicht eingestellt. Eigentlich selbsterklärend, aber ein paar Worte sollte man vielleicht dazu verlieren.
Im Tagesbereich sieht man diese riesige bearishe Divergenz, die, wenn Sie sich auf die unteren Bereiche weiter durchsetzt nochmal ihre Wirkung nach Süden entfalten sollte. Bisher scheint der Kurs aber nicht richtig damit weiter kooperieren zu wollen.
Im 4-Stundenbereich, sollte die Begrenzung durch die rote Linie im Indikatorfenster halten. Falls nicht, wird das Probleme für die Shorts geben.
Im Stundenbereich sehen wir ja bereits wie das Momentun nachlässt, der Kurs sich aber weiterhin hält.
Es bleibt abzuwarten, was sich weiterhin tut. Bisher waren die Bullen noch nicht in der Lage etwas Entscheidendes - bis auf die Widerstandsfähigkeit - auf die Beine zu stellen.
Das Volumen im Future wäre interessant anzusehen. Ich beobachte weiter den U$-Index und wer kann sucht sich das Volumen im Fullfuture des GBP/USD und im U$-Index
Auch wenn der Trade -SHORT bei 1.5587 nach dem "ersten" Bruch des Trendkanals im 4-Stundenchart - vielleicht verloren geht, würde ich auch in der Rückschau diesen Artikel posten. TP: am letzten Tief mit SL bei 1.5667
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Originally Posted by Gregory McLeod 
crossing my fingers and praying for uptrend
welcome to the forum. I guess that GBP/USD is your favorite pair? for how long have you been trading?
