Daily Trade forex Recommendation

 

Daily Trade forex Recommendation

from http://investirent.info

USDCHF

USDCHF, like other currencies, is looking to determine its long-term trend. Currently it seemed to have been trapped between 1.2450 and 1.2600 levels.

Short-term traders will have good opportunities to trade USDCHF for short trades as USDCHF seems to stay in the range for the time being. We can find a good buying level around 1.2488, which also will complete the short-term retracement for USDCHF.

RSI is also in the middle and is currently not suggesting any direction and we might see USDCHF being traded in range.

Trade: Buy USDCHF @ 1.2488 for Profit Level @ 1.2548 and Stop Loss @ 1.2458 Target is at 1.2598

 

Daily Trade forex Recommendation in this table

Daily Trade forex Recommendation in this table

 

Swissy long at 1.2488

belinea0916:
Daily Trade forex Recommendation

from www.investirent.info

USDCHF

USDCHF, like other currencies, is looking to determine its long-term trend. Currently it seemed to have been trapped between 1.2450 and 1.2600 levels.

Short-term traders will have good opportunities to trade USDCHF for short trades as USDCHF seems to stay in the range for the time being. We can find a good buying level around 1.2488, which also will complete the short-term retracement for USDCHF.

RSI is also in the middle and is currently not suggesting any direction and we might see USDCHF being traded in range.

Trade: Buy USDCHF @ 1.2488 for Profit Level @ 1.2548 and Stop Loss @ 1.2458 Target is at 1.2598

this would've worked great on a larger stop-loss. swissy is a stop-killer, i'd recommend at least 60 pips of stop , next time.

other than that, great advice. worked out good.

 

thank you zeejay , i was very busy

ok

this for EUR/USD recommendation

chart

DATED 2006/11/11

In the short term, as long as 1.28 is a support, we are bullish with a target at 1.3125. Alternative scenario: A break below 1.28 would open the way to 1.265 and to 1.248. The daily technical indicators are bullish and do not show any reversal signs.

In the medium term, the pair exited from a bearish channel in place since May 2006, this calls for another leg up towards 1.3315.

 

Daily Trade Recommendation GBPUSD

GBPUSD took a good dip during this week and took some retrace from 1.8930 level. The retracement might continue towards 1.9058 level and GBPUSD will again make a move towards 1.8930 level and perhaps try to break that level as well.

The 1.8930 level will be a crucial one as break of this level will not only setup 1.8930 as new target level for GBPUSD but it will also get out of upward trend channel.

Trade: Sell GBPUSD @ 1.9058 for Profit Level @ 1.8998 and Stop Loss @ 1.9088 Target is at 1.8930

 

Daily Trade Recommendation EURUSD

Daily Trade Recommendation

EURUSD

EURUSD looks to stay between 1.2856 and 1.2792 for most of the day and we might see short term traders get in and out of the market for very short profits.

As far as long term scenario is concerned, it seemed that EURUSD might take a rise from 1.2792 level towards 1.2900. On the lower side 1.2792 is an important level, break of which will set new target for EURUSD around 1.2730 region.

Trade: Buy EURUSD @ 1.2792 for Profit Level @ 1.2852 and Stop Loss @ 1.2762

chart analysis

 

Euro/usd

EURO/USD

Last week the euro moved down in correction wave, but at the end of last Friday it rebounded to reach 1.280s area again since it ended the correction move.

today euro is expected to move up after it finished the correction to reach to 1.2880s area, and probably to 1.2950s within this week.

The general trend is up as far as 1.2480 remain intact targets now at 1.2920 and 1.3000 as a psychological target then at 1.3125.

The key resistance will be at 1.3000 and the key support at 1.2465.

Support: 1.2826, 1.2800, 1.2780, 1.2760, 1.2740

Resistance: 1.2847, 1.2880, 1.2900, 1.2923, 1.2957

Recommendation: We expect Buying Euro above 1.2828 with a target at 1.2880 and stop loss above 1.2820

OTHER PAIR HERE

 

free recommendation en EURO/USD

EURO/USD

Euro is in consolidation area, since it is restricted between support and resistance, the daily trading range is narrow, the momentum is low, probably it will reach to the 1.2860s resistance first while it is above 1.2800 support, then we expect to go short from 1.2860s resistance level to the support level at 1.2800.

The general trend is up as far as 1.2480 remain intact targets now at 1.2920 and 1.3000 as a psychological target then at 1.3125.

The key resistance will be at 1.3000 and the key support at 1.2465.

Support: 1.2815, 1.2800, 1.2780, 1.2760, 1.2740

Resistance: 1.2847, 1.2880, 1.2900, 1.2923, 1.2957

Recommendation: We expect Selling Euro Below 1.2850 with a target at 1.2800 and stop loss above 1.2885

other pair

trend table

 

Technical Analysis and recommendation EURO/USD

Technical Analysis and recommendation for Major Currencies

EURO/USD

Yesterday Euro stopped at 1.2840s resistance level, today Euro got over this resistance to reach to the second resistance level at 1.2870s, which stronger than the previous one, due to that Euro is expect to stay quiet, and we don't expect Euro to make major moves toward the up side.

The general trend is up as far as 1.2480 remain intact targets now at 1.2920 and 1.3000 as a psychological target then at 1.3125.

The key resistance will be at 1.3000 and the key support at 1.2465.

Support:: 1.2845, 1.2815, 1.2780, 1.2760, 1.2740

Resistance: 1.2867, 1.2880, 1.2900, 1.2923, 1.2957

other pair

analysis table

 

Technical Analysis

Technical Analysis for Major Currencies

EURO/USD

Yesterday Euro stopped at 1.2840s resistance level, today Euro got over this resistance to reach to the second resistance level at 1.2870s, which stronger than the previous one, due to that Euro is expect to stay quiet, and we don't expect Euro to make major moves toward the up side.

The general trend is up as far as 1.2480 remain intact targets now at 1.2920 and 1.3000 as a psychological target then at 1.3125.

The key resistance will be at 1.3000 and the key support at 1.2465.

Support:: 1.2845, 1.2815, 1.2780, 1.2760, 1.2740

Resistance: 1.2867, 1.2880, 1.2900, 1.2923, 1.2957

Daily reports ,trend line and pivot line

 

Euro/dollar

Euro/dollar rose to a new 5 1/2-month high on Thursday and this strength is in line with the positive medium-term outlook. Sideways trading trading should prevail through Friday.

Initial resistance remains at 1.2978. Next big resistance is at 1.3070. Above 1.3125, distant resistance looms at 1.3300.

Below 1.2915 the pair has support at 1.2855. A close below the strong 1.2795 level would signal a decline to 1.2750, but this is unlikely.

Oscillators are rising.

NEAR-TERM: Sideways

MEDIUM-TERM: Bearish

LONG-TERM: Bullish