Technical analysis (AUD /USD EUR /GBP EUR /JPY EUR/USD GBP/JPY GBP/USD USD /CH) - page 8

 

Technical Analysis 31/08/2010 FXCBS

Tuesday August 31 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded during the day between the highest level at 1.26717 and the lowest level at 1.26325, the pair trading now around the level of 1.26400.

Regarding to the pair Sterling against the U.S. dollar traded during the day between the highest level at 1.54741 and the lowest level at 1.54179, the pair trading now around the level of 1.54295.

Finally the pair U.S. dollar against the Japanese Yen traded during the day between the lowest level at 84.073 and the highest level at 84.662 , the pair trading now around the level of 84.126.

Market Expectations

EUR/USD : etermined indicators show positive sign for the pair Euro against the U.S. dollar which may lead the pair to raise up to retest the level of 1.27200 again before the pair can reach our weekly target at 1.25250 then to the level of 1.24800; these expectations require stability of the trading below the level 127200.

GBP/USD : Stability of the trading for the pair Sterling against the U.S. dollar below the level of 50 Moving average lead us to expect more decline for the pair today to the level of 1.53850 then to the level of 1.53180.

USD/JPY : We expect today a more decline for the pair U.S. dollar against the Japanese Yen, stability of the trading below the level of 50 Moving Average support our expectations to decline to the level 83.100.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 2/09/2010 FXCBS

Thursday September 2 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded during the Asia session in a narrow range between the highest level at 1.28134 and the lowest level at 1.27816, while the pair trading now around the level of 1.280098.

The pair Sterling against the U.S. dollar traded during the Asia session in a narrow range between the highest level at 1.54604 and the lowest level at 1.53930, while the pair trading now around the level of 1.54151.

Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 84.071 and the highest level at 84.551 , the pair trading now around the level of 84.142.

Market Expectations

EUR/USD : We expect today a decline for the pair Euro against the U.S. dollar which will start after the pair can penetrate the level of 1.2770, which may lead the pair to the level 1.26520, stability of the trading below the level 1.28500 necessary to achieve these expectations.

GBP/USD : We expect today a decline for the pair Sterling against the U.S dollar to the level 1.53000 then to the level of 1.52450; these expectations require stability of the trading below the level of 1.54850.

USD/JPY : SMA 50 is still preventing the pair from reaching the resistance at 84.85; while a negative intersection on Stochastic signals that the previously suggested bearish intraday direction is still valid, with targets at 83.450then 83.000 that requires a four-hour closing below 84.850.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 8/09/2010 FXCBS

Wednesday September 8 , 2010

Previous session overview

The pair Euro against U.S. dollar traded between the lowest level at 1.26582 and the highest level at 1.27325, while the pair trading now around the level of 1.26934.

Regarding to the pair Sterling against the U.S. dollar also traded between the lowest level at 1.53428 and the highest level at 1.54930, the pair trading now around the level of 1.54570.

Finally the pair U.S. dollar against the Japanese Yen traded between the lowest level at 83.334 and the highest level at 83.944 , the pair trading now around the level of 83.800.

Market Expectations

EUR/USD : The pair breached the pivotal support level at 1.26680 and rebounded to the upside due to the positive effect of momentum indicators. For the bearish expectations to prevail stability below the previously mentioned support is required, in addition to a base to be built below 1.27700.

GBP/USD : the four-hour candlestick closing was below the level 1.54350 for the pair Sterling against the U.S. dollar , The pair strongly ascended attacking the pivotal resistance at 1.54350 thereby maintaining chances of resuming the awaited bearish trend, supported by momentum indicators closely nearing overbought areas. Our morning expectations will prevail if we do not witness a daily closing above 1.5435.

USD/JPY : The pair gradually neared the awaited resistance level at 84.000, accompanied by Stochastic losing bullish momentum; therefore, our expectations will prevail if an initial base is built above 84.000.

Senior Analyst / Ali Hasan /FXCBS

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Technical Analysis 9/09/2010 FXCBS

Thursday September 9 , 2010

Previous session overview

The pair Euro against U.S. dollar traded during the Asia session between the highest level at 1.27428 and the lowest level at 1.26644, the pair trading now around the level of 1.26813.

Regarding to the pair Sterling against the U.S. dollar also traded during the Asia session between the highest level at 1.54766 and the lowest level at 1.53999 , while the pair trading now around the level of 1.54247.

Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 83.602 and the highest level at 84.024 , the pair trading now around the level of 83.712.

Market Expectations

EUR/USD : We expect today a decline for the pair Euro against the U.S. dollar to the level 1.26160 at the first and if it can breakthrough this level it may lead the pair to the new target at 1.25450, these expectation require stability of the trading below the level of 1.27300.

GBP/USD : We expect today a mixed trading for the pair Sterling against the U.S. dollar, so we advice our clients to monitor the price level today for the both level 1.53650 and the level up 1.55150.

USD/JPY : The pair retested from the level 84.050 to start the suggested bearish wave that was previously suggested, supported by the negative direction appearing on Stochastic alongside stability below the MA 50. These factors make us expect a bearish intraday direction that targets chiefly the key support level for the current bearish channel at 82.400, while resuming it requires the four hour closing below 84.050.

Senior Analyst / Ali Hasan /FXCBS

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The Aussie dollar is advancing to test resistance at 0.9350.

Reversal below 0.88 would signal another test of primary support at 0.81.

Break out above strong resistance at 0.9350 appears less likely, but would offer a target of parity if confirmed.

Technically, the AUD USD is in an uptrend after crossing the last swing top at 0.9221 on Thursday.

The pace of the current rally may begin to slow down as this market approaches a series of tops at 0.9323, 0.9337, 0.9364 and 0.9387.

The big number to overtake will be the November 2009 top at .9405.

Hence, even in case of another rise, I'd expect strong resistance near to 0.9404 to limit upside and bring another fall to continue the consolidation.

However, decisive break of 0.9404 will invalidate this view and target 0.9849 high.

"P&F AUDUSD1 Box Size 10X3 or(0.33%) CLOSE

Data 0.9275 - 0.9092 ~ 0.16 Month ~ 4.83 Day

Database 6862 records 0.92631 (Last Close)

2010-09-06 03~04

2010-09-10 22~59 (GMT+01:00) Paris

BJF Trading Group MDunleavy chart"

0.9280|~1O|||____________________________+_________|-0.05%|2.07%

0.9270|~2O|||____________________________x_+_____+_|0.05%|1.96%

0.9260|~3O|||____________________________x_o_x___x_|0.16%|1.85%

0.9250|~4O|||____________________________x_o_x_o_x_|0.27%|1.74%

0.9240|~5O|||____________________________x_o_x_o_x_|0.38%|1.63%

0.9230|~6O|||________________________x___x_o_x_o___|0.49%|1.52%

0.9220|~7O|||________________________x_o_x_o_x_____|0.59%|1.41%

0.9210|~8O|||________________________x_o_x_o_x_____|0.7%|1.3%

0.9200|~9O|||________________________x_o___o_______|0.81%|1.19%

0.9190|~1OO||+___________________x___x___________+_|0.92%|1.08%

0.9180|~11O||x_+_________________x_o_x_________+___|1.02%|0.97%

0.9170|~12O||x_o_+_______________x_o_x_______+_____|1.13%|0.86%

0.9160|~13O||x_o_x_+_________x___x_o_______+_______|1.24%|0.75%

0.9150|~14O||x_o_x_o_+_______x_o_x_______+_________|1.35%|0.64%

0.9140|~15O||__o_x_o_x_+_x___x_o_x_____+___________|1.46%|0.53%

0.9130|~16O||__o___o_x_o_x_o_x_o_____+_____________|1.56%|0.42%

0.9120|~17O||______o_x_o_x_o_x_____+_______________|1.67%|0.31%

0.9110|~18O||______o_x_o___o_x___+_________________|1.78%|0.2%

0.9100|~19O||______o_x_____o_x_+___________________|1.89%|0.09%

0.9090|~2OO||______o_______o_+_____________________|1.99%|-0.02%

Column|||||||4_5_3_7_5_3_3_5_7_3_6_3_7_3_7_7_6_3_3_|

Count||||||||______________________________________|

BJF Trading Group. Excel Chart. Full size attached.

Files:
 

Technical Analysis 14/09/2010 FXCBS

Tuesday September 14 , 2010

Previous session overview

The pair Euro against the U.S. dollar traded during the Asia session between the lowest level at 1.28441 and the highest level at 1.28905, the pair trading now around the level of 1.28774.

Regarding to the pair Sterling against the U.S. dollar also traded during the Asia session between the lowest level at 1.53595 and the highest level at 1.54294, the pair trading now around the level of 1.53636.

Finally the pair U.S. dollar against the Japanese Yen traded during the Asia session between the lowest level at 83.249 and the highest level at 83.758 , while the pair trading now around the level of 83.589.

Market Expectations

EUR/USD : etermined indicators for the pair Euro against the U.S. dollar show negative sign may lead the pair to decline to retest the support level at 1.27370, the pair still trading below the resistance point at 1.29150 and that support our expectation, stability of the trading below this level necessary to achieve this expectations.

GBP/USD : Stability of the trading above the level of 1.53250 still lead us to expect Upward trend for the pair Sterling against the U.S. dollar , MACD indicators support our expectations and show positive sign .

USD/JPY : We advice today to monitor the price movement for the pair U.S. dollar against the Japanese Yen because we still show positive sign through stochastic indicators in the other hand until now we cant see areal close for the pair below the level 83.300 , so we will wait until the price become more clear today .

Senior Analyst / Ali Hasan /FXCBS

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