EURUSD - Trends, Forecasts and Implications (Part 1) - page 80

 
forte928 >> :

If you don't like it, you shouldn't eat it, it will ruin your stomach.

I don't like oatmeal, but it's very healthy and it doesn't ruin your stomach, it's different.

Not everything is tasty that is useful and vice versa... Many indicators draw everything very nicely, but when you start to trade on them, you lose, and it's not useful ))))

 

help!




/Continued/.

Dow Jones Newswires column, by Axel Rudolph, Master of Technical Analysis /MSTA/

LONDON, Sept. 23. /Dow Jones/. Moving charts at 24 hours:

Spot Quotes: EUR/USD pair U.S. dollar/Japanese yen GBP/USD currency pair USD/Swiss franc pair
Spot as of 06.50 GMT 1.4800 90.84 1.6366 1.0229
Three day trend Up Down Bounce from support level Down
Weekly trend Up Down Down Down
200 dn cfr. 1.3668 94.76 1.5400 1.1071
3rd resistance

1.4909

91.64 1.6521 1.0370
2nd resistance 1.4867 91.31 1.6469 1.0347
1st resistance

1.4822

91.19 1.6431 1.0275
Pivot point* 1.4810 90.84 1.6379 1.0221
1st support

1.4768

90.47 1.6322 1.0170
2nd support 1.4722 90.12 1.6276 1.0137
3rd support

1.4648

90.00 1.6153 1.0112

Below in the text are the forecasts for the current day's trading session. Sometimes they may diverge from the three-day and weekly trends shown in the tables.

EUR/USD during the day: The EUR remains strong and on Wednesday morning it hit a new yearly high at 1.4843. The pair is now declining and is set to fall towards the secondary support at 1.4768 /last week's high/. Secondary resistance is at Tuesday's high of 1.4822, the September 2008 high of 1.4867 and near the late August 2008 high of 1.4909.

EUR/USD on the weekly chart: Uptrend.

http://www.dowjoneswebservices.com/chart/view/2838

US Dollar/Japanese Yen pair during the day: The pair fell to 90.47 on Wednesday morning and a further drop will target the September low of 90.12. Below that is the psychologically important 90 mark. Secondary resistance is around 91.19 (Wednesday's intraday high) and at Monday's low of 91.31.

US Dollar/Japanese Yen on the weekly chart: Downtrend.

GBP/USD during the day: The pair continues to regain the ground lost in the recent sharp declines and is now targeting the secondary resistance at 1.6431 /September 16 low/, an increase above which will target 1.6469 /the 38.2% Fibonacci retracement level of the August/September decline wave. Secondary support is around 1.6322 /September 8 low/ and the mid-August low of 1.6276.

GBP/USD pair on the weekly chart: Downtrend.

USD/Swiss franc pair during the day: The pair fell to a new 14-month low of 1.0170 on Wednesday morning, before rising. It is expected to remain below the September 17 low of 1.0275 on Wednesday. Support at 1.0170 is also not expected to be broken on Wednesday. If it does, the pair will target 1.0137, the low of July 22, 2008.

USD/Swiss franc pair on the weekly chart: It is in a downtrend.

Spot Quotes: Euro/British Pound pair. Euro/Japanese Yen Euro/Swiss franc pair AUD/USD pair
Spot as of 06.50 GMT 0.9042 134.40 1.5139 0.8743
Three day trend Up Up Side trend Up
Weekly trend Up Bounce from support level Side trend Up
200 dn cfr. 0.8890 129.48 1.5106 0.7482
3rd resistance 0.9116 136.09 1.5267 0.8838
2nd resistance 0.9102 135.02 1.5235 0.8805
1st resistance 0.9084 134.79 1.5201 0.8775
Pivot point* 0.9041 134.50 1.5135 0.8754
1st support 0.9026 134.24 1.5115 0.8712
2nd support 0.9000 133.79 1.5080 0.8681
3rd support 0.8950 133.44 1.5050 0.8646

Euro/British Pound pair during the day: The pair took a breather and should correct towards secondary support at 0.9026 /Tuesday's low/, with the next support expected around 0.9000. Resistance is still at the high of late April at 0.9084. In case of a break through the resistance, which is unlikely, the pair will target resistance at 0.9102.

Euro/British pound pair on the weekly chart: Uptrend.

EUR/JPY during the day: The pair is declining towards 134.24 /the 38.2% Fibonacci retracement level of the July/August rising wave. Below this level, support is around 133.79 /the September 15 high/. Secondary resistance is at 134.79, the high of Thursday and at 135.02, the high of late August.

Euro/Japanese Yen on the weekly chart: Bounce from the support level.

EUR/Swiss franc pair on the day: The pair is still supported by 1.5115 /fibonacci retracement level of the 38.2% upside wave of March. Secondary resistance is still around 1.5201 /the September 10 high/ and at 1.5235.

EUR/Swiss franc pair on the weekly chart: Lateral trend.

AUD/USD: The pair made a 13-month high at 0.8791 on Wednesday morning but it is likely to decline and may test the secondary support at 0.8712. Further support is at 0.8681 / Monday's high/ as well as the September 15 high of 0.8646. Secondary resistance is around 0.8775 and 0.8805, the high of late August 2008.

AUD/USD weekly chart: Up-trend.

*The pivot point is calculated as the sum of the high, low and closing level divided by three.

-Author Axel Rudolph, Dow Jones Newswires; +44 207 842 9249; axel.rudolph @ dowjones.com. Translation by PRIME-TASS; +7 495 974 7664; dowjonesteam @ prime-tass.com.

 

Expect movement on GBPUSD in 10 min (minutes)

The pound looks like it's scrambling to sprint upwards...

 
rid >> :

Expect movement on GBPUSD in 10 mins (protocols)

The pound looks like it is scurrying upwards...

If we're on top of a substantial change we shouldn't wait

We will draw the stump.

Roman and Galina are more right than not.

 
It is possible that the segment will be in sideways movement for the rest of the day - until the Fed's rate news release.
 
rid >> :

Expect movement on GBPUSD in 10 mins (protocols)

The pound looks like it is scurrying upwards...

Looks like a lucky guess :

GBPUSD (6BZ9), M30


 

MASTERS !!!!!

PUT ON A BIG SIT OR NO SIT ??????

 
NikT_58 >> :

MASTERS !!!!!

BET BIG SAT OR NOT ??????

I think not)

 

I'm not a master (modestly speaking). But I'm standing in the bay.

Don't make a fuss.

 
rid >> :
I am not a master. But I'm standing in the buy.

who thinks they're a forex master?) nonsense)

pound to 1.6590 what do you think?