ForexPeoples Daily Technical Analysis for The Majors (4 Pair Forex) - page 68

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Daily Technical Analysis for Tuesday, November 11, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD just flat for EURUSD - but because this flat is near oversold (1.2418). so this not good to take sell. for next move, if buyer continue up more 1.2509, its time for lets buy. GBPUSD down for GBPUSD was weak. but on other way, we still can not call nice buy on here (if) pair can not continue move and break to above 1.5917. USDJPY pair USDJPY now flat near overbought 115.27. not good for buy. just wait and on other look, start sell if correction to down happen and price breakdown the 113.85. USDCHF with look to the big trend, we see the USDCHF still can be more to downtrend. wise plan sell with sl set above 0.9707. Regards.

 

Daily Technical Analysis for Wednesday, November 12, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD for EURUSD now still flat between the price 1.2393 till 1.2498. no trade on that range, just please wait and then we see this pair better to be take buy if 1.2498 can be break by buyer. GBPUSD if we see the GBPUSD from d1, yes plan buy is better if pair continue to above 1.5944. USDJPY the USDJPY can correction to down. sell ok but must set sl above 116.20. USDCHF make a plan sell again at USDCHF is ok. the important fibo to be watch is fib near 0.9624. start sell again if 0.9624 break. Regards.

 

Daily Technical Analysis for Thursday, November 13, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD the EURUSD pair on still consolidation. as long as pair move still between the price 1.2418 till 1.2497. no trade on that zone please. GBPUSD trend on GBPUSD is down. we see if seller today also continue to bellow fibo 1.5775, wise for search again sell. USDJPY now the USDJPY still on flat - but because this flat is near overbought. so be aware with price can probably to down correction. sell will be ok if 114.88 can be break by next seller. USDCHF trend at USDCHF still flat to down. next move, we wise take sell if only pair had success move to bellow 0.9622. Regards.

 

Daily Technical Analysis for Friday, November 14, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD for EURUSD now still consolidation - not good for new trade as long as price move still on between 1.2425 till 1.2491. GBPUSD also clear down for GBPUSD - sell better because 1.5693 was break by seller. USDJPY also still flat for USDJPY - no new trade on this condition, we see - wait is better. and correction to down can happen if 115.30 can be break by seller. USDCHF for now, just flat at USDCHF - no trade here if pair move still between 0.9621 till 0.9674. Regards.

 

USD/JPY Forecast Nov. 17-21

The US dollar continues to hammer the yen, as USD/JPY jumped about 160 points last week. The yen is in free-fall, having lost a staggering 900 points in the past three weeks. This week’s highlights are Preliminary GDP and the BoJ Monetary Policy Statement. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY.

US employment numbers disappointed last week, as jobless claims missed expectations and JOLTS softened. Still, there was a silver lining as the number of quits is back to pre-crisis levels, which shows that people are confident to switch jobs. Confidence is also apparent in the highest consumer confidence since 2007 and an improvement in retail sales. In Japan, manufacturing numbers were solid, but this didn’t provide any relief for the struggling Japanese currency.

  1. Preliminary GDP: Monday, 23:50. Preliminary GDP is one of the most important economic indicators and can have a major impact on the movement of USD/JPY. The indicator posted a sharp decline of 1.7% in Q2, but this did match the forecast. The markets are expecting a sharp turnaround in the upcoming reading, with an estimate of 0.5%.
  2. BoJ Monetary Policy Statement: Wednesday, Tentative. The BoJ caught the markets by surprise at the most recent policy meeting, when the BoJ unexpectedly raised monetary stimulus. The markets aren’t expecting a repeat, but will be closely monitoring this release.
  3. Trade Balance: Wednesday, 23:50. Japan continues to post trade deficits and last month’s deficit ballooned to JPY -1.07 trillion. This was well above the estimate of JPY -0.91 trillion. The markets are expecting an improvement in the upcoming release, with a forecast of JPY -1.02 trillion.
  4. Flash Manufacturing PMI: Thursday, 1:35. The PMI continues to post readings above the 50-point level, pointing to expansion in the manufacturing sector. Little change is expected in the October reading, with an estimate of 52.7 points.
  5. BoJ Monthly Report: Thursday, 5:00. The Bank’s monthly report is a minor event and is unlikely to have much impact on the direction of USD/JPY.

* All times are GMT

source

 

Daily Technical Analysis for Monday, November 17, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD yes EURUSD on continue to bullish. and now wise we search buy after make sure buyer (today) success move to above fibo near 1.2546. GBPUSD bearish at GBPUSD was too weak (as long as pair move still can hold above the strong support at above 1.5592. for me, take plan buy but sl set bellow 1.5592 is more wise plan then. USDJPY bullish at USDJPY was too weak. now pair near the supply at near 116.95. wise plan sell if breakdown happen at 115.72. use sl for sell at above 116.95. USDCHF trend on become more to down. wise plan the sell again at USDCHF - start sell if fibo near 0.9573 can be break by seller. Regards.

 

Daily Technical Analysis for Tuesday, November 18, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD flat with high volatile still on EURUSD for now. no trade if pair move still on between 1.2444 till 1.2577. wait please. GBPUSD from daily view, we see the GBPUSD pair on continue to down. we on better take a sell if next seller success to bellow fibo 1.5619. USDJPY trend at USDJPY become to down. wise sell op on here after pair continue to bellow fibo 115.45. as we see pair now had arrive to near that overbought zone. USDCHF we see the USDCHF still to be down. sell better but sl must be set at above that 0.9654. Regards.

 

Daily Technical Analysis for Wednesday, November 19, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD make plan buy still ok at EURUSD - see d1, the important fibo for now is near 1.2545. buy the pair if its break. GBPUSD down still at GBPUSD - sell again this pair only after seller truly more continue down 1.5601. USDJPY the bullish still at USDJPY but weak because now pair move is near supply area 117.43 - not good for make a plan buy now, as we see - the correction to down can probably happen on here. USDCHF the USDCHF pair move look to downtrend. but if we want sell on here, just make sure the seller can continue to bellow fibo 0.9574. Regards.

 

Daily Technical Analysis for Thursday, November 20, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD for EURUSD - we see now is flat. as long as pair move still on between the fibo 1.2511 till 1.2599, yes this not good to take a new op on that range. just wait and take breakup on that one side of that then. GBPUSD the GBPUSD more look to bullish, start plan buy if next fibo above 1.5720 could be break by buyer. USDJPY the USDJPY look to bullish. today buyer had success move to above fibo 118.06. yes search buy ok now here. USDCHF just flat for USDCHF - no trade on here if pair move still on between 0.9530 till 0.9600. Regards.

 

Daily Technical Analysis for Friday, November 21, 2014 - by ForexPeoples.Com | using Daily-TF chart. EURUSD now the EURUSD still on flat. so not good for take new op on here (as long as) pair move still on between fibo 1.2504 till 1.2575. and wise buy if breakup happen at 1.2575. GBPUSD the GBPUSD look just flat but to bullish. we see, the most important fibo that good to watch is fibo near 1.5737. buy ok if 1.5737 break by buyer. USDJPY pair more look to contine down. wise sell at USDJPY if next seller continue move bellow fibo 118.97. USDCHF for till now, the USDCHF just look flat. the zone flat is between 0.9552 till 0.9605. no trade on that zone please. just wait. Regards.

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