Кино oнлайн Голосов: 1 Адрес блога: http://protelemag.ru/load/ Добавлен: 2011-09-28 02:02:58 блограйдером petol

GBP/USD Bearish Outlook for July 18, 2012 (Daily Strategy)

2012-07-18 18:05:34 (читать в оригинале)

 

 

The British pound is falling down during these hours as the result of the Minutes of the Bank of England and the declarations of the president of the Fed.
The level above 1.57 is a strong resistance zone that extends to the level 1.58. Of course, the daily close above this level will increase the likelihood that the pair may raise to the level of 1.60. However, it will not be so easy.
Moreover, we notice a downward trend channel remains under bearish pressure. We, therefore, recommend selling in the levels of 1.5640 and 1.5520 with targets at 1.5440 respectively.
Trend indicator, a roof formed, showing that the pair is trying to negotiate over 1.57.

 

 

If you like my Technical Analysis, please vote for me by clicking here!

If you need a personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

The material has been provided by Instaforex Company - instaforex.com

---

EUR/USD Technical Levels and Trading Recommendations for July 18, 2012

2012-07-18 17:51:34 (читать в оригинале)

 

 

 

Overview

 

Proceeding from today's H4 chart, the pair fails again in order to break the Support level 1.2220 and is still trading above it. Currently the pair is trading between the Resistance level 1.2330 and the Support level 1.2220. If the pair continues its bearish move and manages to break the Support level 1.2220 and closes 4H below, we will receive a strong indicator for more bearish move which enables the Support level 1.2170. Then we should wait for breaking this Support level to continue the bearish signals. In case the pair manages to break this Support level and closes 4H below, this will give us more bearish signals enabling the Support level 1.2140 as a level target.

On the other side, if the pair fails to break the Support level 1.2220 and bounces from it, this will provide a good opportunity for the bullish signals till reaching the Resistance level 1.2330. Then we should wait for breaking the Resistance level to continue the bullish signals. Given that the pair manages to break this Resistance level and closes 4H above, this will denote a bullish strength providing new buy signals enabling the Resistance level 1.2405 as a level target. Based on the given H4 chart, the technical indicators provide more bearish signals, but as long as the Support level 1.2220 is unbroken, the upward move is still expected invalidating the bearish outlook. Therefore, we should wait for more confirmations before making the decision.

Resistance and Support Levels

R3(1.2460)
R2(1.2405)
R1(1.2330)

S1(1.2225)
S2(1.2170)
S3(1.2140)

Trading Recommendations

According to previous analysis, we recommend selling after breaking the Support level 1.2220 and closing 4H below with TP 1.2175; SL closing 4 hours above the Support level will be appropriate.

The material has been provided by Instaforex Company - instaforex.com

---

GBP/JPY Technical Levels and Trading Recommendations for July 18, 2012

2012-07-18 17:22:17 (читать в оригинале)

 

 

Overview

 

Proceeding from today's H4 chart, the pair takes a bearish move after its rebound from the Resistance level 123.75 till reaching the upward trend line and presently is testing it. If the pair continues its bullish move and manages to break this Resistance 123.15 then the upward trend line, we will be able to get a strong indicator for more bearish signals which enable the Support level of 122.60. After that we should wait for breaking this Resistance level to continue the upward move which provides new sell signals enabling the Support level 122.00 as a level target.

On the other hand, if the pair fails to break the upward trend line and bounces from it, this will denote a good opportunity for the bullish move providing buy signals which enable the Resistance level 123.75. Then we should wait for breaking this Resistance level and closing 4H above to continue the bullish move. In case the pair manages to break the Resistance level it will denote a bullish strength providing new buy signals enabling the Resistance level 124.20 as a level target. Based on the given H4 chart, the technical indicators provide sell signals, but as long as the Support level 123.15 is unbroken the upward move is still expected and invalidating the bearish outlook.

Resistance and Support Levels

R3(124.75)
R2(124.20)
R1(123.75)

S1(123.15)
S2(122.60)
S3(122.00)

Trading Recommendations

According to previous analysis, we recommend selling after breaking the upward trend line and the Support level 123.15, with TP 122.65; SL closing 4 hours above the Support level will be appropriate.

The material has been provided by Instaforex Company - instaforex.com

---

USD/CAD Intraday Technical Analysis and Trading Recommendations for July 18, 2012

2012-07-18 16:29:05 (читать в оригинале)

 

The USD/CAD pair is demonstrating a continuation of the Flag Pattern after the long bullish swing initiated around the price level of 0.9797 on the 1st of May, which is expected to reach the target of 1.0360 then 1.0450 as initial targets for the pattern when it is confirmed by breakthrough above price level of 1.0310.
Since June 4, the USD/CAD pair movement is maintained within the midterm slightly bearish depicted channel with its upper limit located around 1.0300.
Fibonacci level 50% and 61.8% are located at price levels of 1.0120 and 1.0045 respectively which are regarded as strong support levels for USD/CAD which are expected to constitute a proper buy entry with SL located below 1.0030.
During the last week, USD/CAD has been trapped within a narrow-ranged price zone between 1.0170 -1.0230, the upper limit of which prevented further upside movement of the pair showing bearish price action which pushed the pair to the downside breaking down the lower limit of the consolidation range as well reaching Fibonacci level 50% around 1.0120 which was tested yesterday.
On the short-term price level of 1.0120 constitutes an intraday support which is expected to push USD/CAD to the upside towards 1.0175 then 1.02350 with SL below 1.0080.
Price zone between 1.0270 -1.0290 should be carefully watched for price action in order to take a profitable trade at this key level.

 

If you like my articles, please vote for me in Analyst of the Year Contest by clicking here.

The material has been provided by Instaforex Company - instaforex.com

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for July 18, 2012

2012-07-18 15:49:05 (читать в оригинале)

 

On Thursday after hitting the price level of 1.5393, the GBP/USD currency pair initiated an obvious uptrend with established top at 1.5575.
The GBP/USD pair managed to bypass its established top at 1.5575 reaching price levels around 1.5675. Since then, the pair failed to make a new high above 1.5675 but managed to break through the lower limit of its bullish Yellow channel around 1.5620.
It's important to note that there is a possible Double Top reversal pattern that is formed with neck-line located at significant support level 1.5575 which needs to be broken in order to confirm the pattern to be targeting at 1.5470 (the full target of the pattern).
Today, GBP/USD has two important intraday levels to be watched, 1.5635 as a resistance level corresponds to the backside of the broken limit of the Yellow channel and 1.5570 as a support level.
Breakdown of 1.5570 with obvious bearish price action confirms the bearish scenario towards 1.5510 then 1.5470.

 

If you like my articles, please vote for me in Analyst of the Year Contest by clicking here.

The material has been provided by Instaforex Company - instaforex.com