Update - Daily Technical Levels from FXCC - page 14

 

Daily Technical Analysis by FXCC 19Dec11

Daily Technical Analysis by FXCC 19Dec11

Euro vs US Dollar We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.28613). Another move back above (1.32467) could lead us to neutral zone.

You may try to sell from (1.30841), (1.31292), and (1.31742) with a stop loss above (1.32467).

R1: 1.30841| R2: 1.31292| R3: 1.31742| R4: 1.32185| R5: 1.32635

S1: 1.29506| S2: 1.29063| S3: 1.28613| S4: 1.28213| S5: 1.27813

Great Britian Pound vs US Dollar Overall the direction remains unclear. GBPUSD might close below (1.53983). If seen this will call for more declines to the (1.53286) level. Further down, support is located at (1.52786). Alternatively, above the (1.56397) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.58207).

A hold for a clearer technical outlook is advisable.

R1: 1.56018| R2: 1.56575| R3: 1.57207| R4: 1.57707| R5: 1.58207

S1: 1.54530| S2: 1.53786| S3: 1.53286| S4: 1.52786| S5: 1.52286

US Dollar vs Japanise Yen The outlook has grown increasingly bearish since USDJPY had remained below its latest swing high at (78.259).

If this resistance level is broken to the upside, the outlook will deteriorate.

We will try to sell USDJPY from our mentioned resistance levels.

R1: 78.122| R2: 78.466| R3: 78.766| R4:79.066| R5: 79.366

S1: 77.434| S2:77.090| S3: 76.790| S4: 76.490| S5: 76.190

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 20Dec11

Daily Technical Analysis by FXCC 20Dec11

Euro vs US Dollar We see better value in short positions.

If the price will go below the first support at (1.29473), this would confirm continuation of the bearish trend, towards next objective downwards (1.28864) then (1.28464) and (1.28064) will follow.

Shorting EURUSD is advisable for today.

R1: 1.30436| R2: 1.30841| R3: 1.31300| R4: 1.32367| R5: 1.32767

S1: 1.29473| S2: 1.28864| S3: 1.28464| S4: 1.28064| S5: 1.27664

Great Britian Pound vs US Dollar GBPUSD maintains a bid tone for now.

Break above (1.55548) may trigger further recovery of the GBPUSD. Going bellow latest swing low at (1.54225), however, would confirm continuation of the bearish trend, towards next objective downwards (1.52426).

Our bias is on selling GBPUSD with a stop loss above (1.55548) for today.

R1: 1.55574| R2: 1.56197| R3: 1.56996| R4: 1.57496| R5: 1.57996

S1: 1.54225| S2: 1.53426| S3: 1.52926| S4: 1.52426| S5: 1.51926

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (78.269 – 77.516). A proper move above (78.269) confirms a probable rally towards (79.477). However, if USDJPY manage to close below (77.516) will support a call for bid tone.

A hold for a clearer technical outlook is advisable.

R1: 78.425| R2: 78.877| R3: 79.177| R4:79.477| R5: 79.777

S1: 77.642| S2:77.326| S3: 77.026| S4: 76.726| S5: 76.426

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 21Dec11

Daily Technical Analysis by FXCC 21Dec11

Euro vs. US Dollar (EURUSD): We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.28666). Another move back above (1.31416) could lead us to neutral zone. Shorting EURUSD is advisable for today.

R1: 1.31316| R2: 1.32076| R3: 1.32836| R4: 1.33466| R5: 1.34226

S1: 1.30056| S2: 1.29454| S3: 1.28666| S4: 1.27906| S5: 1.27506

Great Britain Pound vs. US Dollar (GBPUSD): The GBPUSD still trapped in range area of (1.57108– 1.54830). A break in either direction will determine the trading bias in today`s session. Break below (1.54830) could trigger further bearish pressure targeting (1.53290), while break above (1.57108) could trigger further bullish advances testing (1.60312). We prefer to wait for break of upper or lower barrier.

R1: 1.57420| R2: 1. 1.58247| R3: 1.59485| R4: 1.60312| R5: 1.61550

S1: 1.55724| S2: 1.54930| S3: 1.54117| S4: 1.53290| S5: 1.52052

US Dollar vs. Japanese Yen USDJPY (USDJPY): Overall the direction remains unclear. USDJPY might close below (77.614). If seen this will call for more declines to the (76.899) level. Further down, support is located at (76.599). Alternatively, above the (78.269) level it will to be traded to resume its medium term uptrend towards its important resistance at (79.463). We need to hold for current session.

R1: 78.222| R2: 78.563| R3: 78.863| R4: 79.163| R5: 79.463

S1: 77.540| S2: 77.199| S3: 76.899| S4: 76.599| S5: 76.299

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 22Dec11

Daily Technical Analysis by FXCC 22Dec11

Euro vs. US Dollar (EURUSD): We see better value in short positions.

If the price will go below the first support at (1.29883), this would confirm continuation of the bearish trend, towards next objective downwards (1.29454) then (1.28094) and (1.27448) will follow. Shorting EURUSD is advisable for today.

R1: 1.30896| R2: 1.31542| R3: 1.31974| R4: 1.32620| R5: 1.33266

S1: 1.29883| S2: 1.29454| S3: 1.28094| S4: 1.27448| S5: 1.27048

Great Britain Pound vs. US Dollar (GBPUSD): We see high chances of the pair move in a range between (1.57839 – 1.54830). A proper move above (1.57839) confirms a probable rally towards (1.59506). However, if GBPUSD manage to close below (1.54830) will support a call for bid tone.

Look for a close above/below either barrier.

R1: 1.57477| R2: 1.58241| R3: 1.58742| R4: 1.59506| R5: 1.60007

S1: 1.56212| S2: 1.55711| S3: 1.54947| S4: 1.54446| S5: 1.53946

US Dollar vs. Japanese Yen USDJPY (USDJPY): The USDJPY still trapped in range area of (78.212– 77.587). A break in either direction will determine the trading bias in today`s session. Break below (77.587) could trigger further bearish pressure targeting (76.764), while break above (78.212) could trigger further bullish advances testing (79.401). You may try to buy from lower border and/or sell from upper border.

R1: 78.376| R2: 78.801| R3: 79.101| R4: 79.401| R5: 79.701

S1: 77.714| S2: 77.364| S3: 77.064| S4: 76.764| S5: 76.464

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 23Dec11

Daily Technical Analysis by FXCC 23Dec11

Euro vs US Dollar We believe that possible bearishness could be seen during this trading session.

Immediate resistance is at (1.32074). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.

Try to sell on rallies with a stop loss above (1.32074).

R1: 1.31063| R2: 1.31607| R3: 1.32088| R4: 1.32666| R5: 1.33113

S1: 1.30038| S2: 1.29591| S3: 1.29013| S4: 1.28566| S5: 1.28166

Great Britian Pound vs US Dollar We believe that possible bullishness could be seen during this trading session.

Support is at (1.54830). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish.

Look for long positions for today`s trading session.

R1: 1.57642| R2: 1.58439| R3: 1.58939| R4: 1.59439| R5: 1.59939

S1: 1.56048| S2: 1.55448| S3: 1.54930| S4: 1.54083| S5: 1.53583

US Dollar vs Japanise Yen USDJPY is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (78.303) or a fall towards (77.587) in the coming session. We have to wait and watch the movement of the instrument from current levels.

We need to hold for current session.

R1: 78.524| R2: 78.824| R3: 79.124| R4: 79.424| R5: 79.724

S1: 77.839| S2: 77.539| S3: 77.239| S4: 76.939| S5: 76.639

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 26Dec11

Daily Technical Analysis by FXCC 26Dec11

Euro vs US Dollar We see better value in short positions.

If the price will go below the first support at (1.29883), this would confirm continuation of the bearish trend, towards next objective downwards (1.29440) then (1.29040) and (1.28640) will follow.

We will try to sell EURUSD from our mentioned resistance levels.

R1: 1.30840| R2: 1.31250| R3: 1.31950| R4: 1.32350| R5: 1.32750

S1: 1.29883| S2: 1.29440| S3: 1.29040| S4: 1.28640| S5: 1.28240

Great Britian Pound vs US Dollar Overall the direction remains unclear and price is moving in (1.57839 - 1.54830) range area, the instrument has a 50 – 50 chance of a recovery above (1.57839) or a fall towards (1.54830) in the coming session.

We need to hold for current session.

R1: 1.56657| R2: 1.57503| R3: 1.58777| R4: 1.59277| R5: 1.59777

S1: 1.54955| S2: 1.54109| S3: 1.53609| S4: 1.53109| S5: 1.52609

US Dollar vs Japanise Yen Overall the direction remains unclear. USDJPY might close below (77.901). If seen this will call for more declines to the (77.130) level. Further down, support is located at (76.830). Alternatively, above the (78.257) level it will to be traded to resume its medium term uptrend towards its important resistance at (79.596).

We prefer to wait for break of upper or lower barrier.

R1: 78.396| R2: 78.696| R3: 78.996| R4: 79.296| R5: 79.596

S1: 77.730| S2: 77.430| S3: 77.130| S4: 76.830| S5: 76.530

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 27Dec11

Daily Technical Analysis by FXCC 27Dec11

Euro vs US Dollar It's likely that EURUSD will decline. A break above (1.30919) could be a threat to the bearish scenario targeting (1.32390) even (1.32790). On the downside, immediate support is at (1.30057). Break below that area should keep the major bearish scenario intact testing (1.29146) area

Our bias is on selling EURUSD with a stop loss above (1.30919) for today.

R1: 1.30959| R2: 1.31590| R3: 1.31990| R4: 1.32390| R5: 1.32790 S1: 1.30057| S2: 1.29546| S3: 1.29146| S4: 1.28746| S5: 1.28346

Great Britian Pound vs US Dollar We believe that possible bullishness could be seen during this trading session. Support is at (1.55701). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish.

We will try to buy GBPUSD from our mentioned support levels.

R1: 1.56942| R2: 1.57731| R3: 1.58231| R4: 1.58731| R5: 1.59231 S1: 1.55448| S2: 1.54930| S3: 1.54430| S4: 1.53930| S5: 1.53430

US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties. A close above (78.202) will call for (79.213), and Loss of (77.768) sees (77.011).

Look for a close above/below either barrier.

R1: 78.313| R2: 78.613| R3: 78.913| R4: 79.213| R5: 79.513 S1: 77.611| S2: 77.311| S3: 77.011| S4: 76.711| S5: 76.411

Source: FX Central Clearing Ltd. (FXCC) Technical Analysis

 

Daily Technical Analysis by FXCC 28Dec11

Daily Technical Analysis by FXCC 28Dec11

Euro vs US Dollar EURUSD is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (1.30879) or a fall towards (1.30467) in the coming session. We have to wait and watch the movement of the instrument from current levels.

You may try to buy from lower border and/or sell from upper border.

R1: 1.31280| R2: 1.31687| R3: 1.32087| R4: 1.32487| R5: 1.32887

S1: 1.30259| S2: 1.29834| S3: 1.29434| S4: 1.29034| S5: 1.28634

Great Britian Pound vs US Dollar We hold a view of the instrument moving in the range of (1.57102 – 1.55861). We have to wait and watch the movement of the instrument from current levels.

We need to hold for current session.

R1: 1.57591| R2: 1.58180| R3: 1.59221| R4: 1.59721| R5: 1.60221

S1: 1.56098| S2: 1.55509| S3: 1.54930| S4: 1.54430| S5: 1.53930

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (78.125 – 77.693). A proper move above (78.125) confirms a probable rally towards (79.060). However, if USDJPY manage to close below (77.693) will support a call for bid tone.

We should wait for a clearer outlook on USDJPY.

R1: 78.157| R2: 78.460| R3: 78.760| R4: 79.060| R5: 79.360

S1: 77.532| S2: 77.232| S3: 76.932| S4: 76.632| S5: 76.332

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 29Dec11

Daily Technical Analysis by FXCC 29Dec11

Euro vs. US Dollar (EURUSD): EURUSD maintains a bid tone for now.

Break above (1.30902) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.28745), however, would confirm continuation of the bearish trend, towards next objective downwards (1.26403). Look for short positions for today`s trading session.

R1: 1.29827| R2: 1.30259| R3: 1.30779| R4: 1.31458| R5: 1.31974

S1: 1.28745| S2: 1.28088| S3: 1.27060| S4: 1.26403| S5: 1.26003

Great Britain Pound vs. US Dollar (GBPUSD): We see better value in short positions.

If the price will go below the first support at (1.53673), this would confirm continuation of the bearish trend, towards next objective downwards (1.52789) then (1.51166) and (1.50282) will follow. Look for short positions for current trading session.

R1: 1.55296| R2: 1.55801| R3: 1.56502| R4: 1.57002| R5: 1.57739

S1: 1.53673| S2: 1.52789| S3: 1.51166| S4: 1.50282| S5: 1.49782

US Dollar vs. Japanese Yen USDJPY (USDJPY): We see high chances of the pair move in a range between (78.138 – 77.462). A proper move above (78.138) confirms a probable rally towards (79.383). However, if USDJPY manage to close below (77.462) will support a call for bid tone.

We need to hold for current session.

R1: 78.223| R2: 78.607| R3: 79.083| R4: 79.383| R5: 79.683

S1: 77.562| S2: 77.179| S3: 76.879| S4: 76.579| S5: 76.279

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC 30Dec11

Daily Technical Analysis by FXCC 30Dec11

Euro vs. US Dollar (EURUSD): We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.29746) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.28902) support level.

Look for short positions for today`s trading session.

R1: 1.30168| R2: 1.30568| R3: 1.31034| R4: 1.31974| R5: 1.32374

S1: 1.28902| S2: 1.28208| S3: 1.27142| S4: 1.26742| S5: 1.26342

Great Britain Pound vs. US Dollar (GBPUSD): We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.54856). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish. You may try to sell from (1.54727), (1.55311), and (1.55866).

R1: 1.54727| R2: 1.55311| R3: 1.55866| R4: 1.56450| R5: 1.57002

S1: 1.53588| S2: 1.53033| S3: 1.52449| S4: 1.51894| S5: 1.51394

US Dollar vs. Japanese Yen USDJPY (USDJPY): USDJPY is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (77.977) or a fall towards (77.330) in the coming session. We have to wait and watch the movement of the instrument from current levels.

We need to hold for current session.

R1: 78.001| R2: 78.494| R3: 78.794| R4: 79.094| R5: 79.394

S1: 77.109| S2: 76.809| S3: 76.509| S4: 76.209| S5: 75.909

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis