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

GBP/USD Fractal 1.5408 - For July 13, 2012 (Daily Strategy)

2012-07-13 19:23:29 (читать в оригинале)

 

 

On daily chart the British pound shows a recovery from the bearish pressure. During previous weeks the pair was in consolidation and the fact that it has broken its downtrend line means that there must be a downward pressure and it is likely that your goal is 1.5245.
Therefore, in this range of 1.54 (Fractal) to 1.5580 (fractal) it is better to be very cautious with our position, we recommend selling below 1.5580 near the level of resistance, or, if the pair closes the negotiations now, below 1.5400. We recommend selling with the targeted for 1.5245 level.

 

 

 

 

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

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

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

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for July 12, 2012

2012-07-13 18:33:35 (читать в оригинале)

On the mid-term scale, the GBP/USD currency pair is moving sideways in a slightly bearish channel since it succeeded to breakdown the mid-term uptrend line depicted on the chart.
Price levels of 1.5460 and 1.5520 which correspond to 61.8% and 50% of Fibonacci levels based on the previous bullish swing 1.5266 up to 1.5774.
On the intraday scale the price zone of 1.5420 – 1.5450 corresponds to the lower limit of the long-term channel which constitutes a very strong support zone and is likely to push the GBP/USD pair to the upside to 1.5580 and then to 1.5645 with SL located below 1.5400.
A short-term Head & Shoulders reversal pattern was expressed yesterday at the key-zone of 1.5460 – 1.5520 which was confirmed yesterday. However, GBP/USD failed to make higher highs. Instead, it’s building a bearish pressure over the support level of 1.5450.
The pair is probably forming a mid-term bearish Head & Shoulders reversal pattern with its right shoulder located around R1 (1.5645) which is rendered a valid sell entry with SL located above 1.5725.

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

---

EUR/USD Technical Levels and Trading Recommendations for July 13, 2012

2012-07-13 17:55:29 (читать в оригинале)

 

Overview

 

Proceeding from today's H4 chart, the pair fails to break the Resistance level 1.2225 and bounces from it, but now the pair is moving outside the bearish channel. Currently the pair is testing the Support level of 1.2175 and is trying to break it. Given that the pair manages to break the Support level and closes 4H below, we will get a strong indicator for the bearish move which enables the Support level of 1.2140. After that we should wait for breaking this Support level and closing 4H below for more bearish-signals till reaching the Support level 1.2100.

On the other side, if the pair fails to break the Support level 1.2175 and bounces from it, this will give a good opportunity for bullish-signals after closing 4H above the Resistance level 1.2225 with TP 1.2315. Then we should wait for testing the Resistance level of 1.2330. If the pair manages to break this Resistance level and closes 4H above, this will provide a bullish strength making new sell-signals available and enabling the Resistance level of 1.2405 as a level target. Based on the given H4 chart, the technical indicators provide more sell-signals, but as long as the Support level 1.2175 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(1.2405)
R2(1.2330)
R1(1.2225)

S1(1.2175)
S2(1.2140)
S3(1.2100)

Trading Recommendations

According to previous analysis, we recommend selling only if the pair is able to close 4H below the Support level 1.2175 with TP1 1.2150 and TP2 1.2110; SL closing 4 hours above the Support level might be appropriate.

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

---

GBP/JPY Technical Levels and Trading Recommendations for July 13, 2012

2012-07-13 17:46:29 (читать в оригинале)

 

 

 

Overview

Proceeding from today's H4 chart, the pair takes a slightly upward movement after rebounding from the downward trend line, and currently the pair is bouncing from the Resistance level 122.90 in order to reverse its bullish move. If the pair continues its bullish move and manages to break the Resistance level 122.90 and breaks 4H above, this will be a strong indicator for more bullish-signals enabling the Resistance level 123.40 as a level target. Then we should wait till closing above this Resistance level to provide new bullish-signals till reaching the Resistance level of 123.75.

On the other hand, if the pair fails to break the Resistance level 122.90 and closes 4H below, this will indicate a good opportunity to sell below the Resistance level till reaching the Support level 122.25. Then we should wait for breaking out of this Support level to continue the bearish view. In case the pair is able to break the Support level and closes 4H below, this will denote a bearish strength for providing new bearish-signals and enabling the Support level 121.85 as a level target. Based on the given H4 chart, the technical indicators provide bullish-signals, but as long as the Resistance level 122.90 is unbroken, the downward move is still expected and invalidates the bullish outlook.

Resistance and Support Levels

R3(123.75)
R2(123.40)
R1(122.90)

S1(122.25)
S2(121.85)
S3(121.50)

Trading Recommendations

According to previous analysis, we recommend buying if the pair manages to break the Resistance level 122.90 with TP1 123.25 and TP2 123.90; SL closing 4 hours below the Resistance level will be appropriate.

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

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for July 13, 2012

2012-07-13 16:29:56 (читать в оригинале)

 

On the mid-term scale, the GBP/USD currency pair is moving sideways in a slightly bearish channel since it managed to breakdown the mid-term uptrend line depicted on the chart.
Price levels of 1.5460 and 1.5520 which correspond to 61.8% and 50% of Fibonacci levels based on the previous bullish swing 1.5266 up to 1.5774.
On the intraday scale the price zone of 1.5400 corresponds to the lower limit of the long-term channel which constitutes a very strong support zone and is likely to push the GBP/USD pair to the upside to 1.5520 and 1.5570 then 1.5640 with SL located below 1.5390.
A short-term Head & Shoulders reversal pattern was seen this week at the key-zone of 1.5460 – 1.5520 which was broken down yesterday. However, GBP/USD failed to make higher highs. Instead, it’s building a bearish pressure over the support level of 1.5400.
The pair is probably forming a mid-term bearish Head & Shoulders reversal pattern with its right shoulder located around R1 (1.5645) which is rendered a valid sell entry with SL located above 1.5725.
The current price level 1.5500 constitutes a strong intraday resistance for GBP/USD which should be watched for price action today as its breakthrough will open the way towards the next resistance at 1.5570 then at 1.5640.

 

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