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

USD/CAD Elliott Wave Count for May 30, 2012

2012-05-30 14:23:56 (читать в оригинале)

USD/CAD Elliott Wave
Yesterday the USD/CAD pair was trading in sideways movement.During the early European session we could observe the price testing a 200EMA support at the 1.0205 level. We can consider this downward movement as the end of the A wave (coloured blue). Therefore during the New York session we could observe the ascending movement towards the 1.0268 level (daily high). During the end of the session the price pushed back to the 1.0220 level. Today in the course of Asian session the USD/CAD pair started pushing higher and price is currently testing yesterdays high so we expect the price to reach 1.0288 level before this major continued trading in a bearish mood. In accordance with our wave rules and taking into account that the wave 4 retraces 50% of the wave 3, we can define the potential targets with Fibonacci retracement (0.9956-1.0310) with Take Profit 1 at 1.0175 (38.2% of wave 3) and Take Profit 2 at 1.0134 (50% of wave 3). The resistance level at 1.0270 can be used as Stop Loss. Also it is necessary to consider the data concerning the CAD RMPI m/m, IPPI m/m and USD Pending Home Sales m/m that can affect the rate of the pair.

Support and Resistance Levels
(S3) 1.0171 (S2) 1.0194 (S1) 1.0209 (PP) 1.0233 (R1) 1.0256 (R2) 1.0271 (R3) 1.0295

Trading Forecast
Proceeding from Elliott Wave Rules this week the trend is expected to begin the downward movement. That is why Short positions at level 1.0280 with Stop Loss at 1.0300, Take Profit 1 at 1.0175 and Take Profit 2 at 1.0134 are recommended

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

---

EUR/JPY Intraday Technical Analysis

2012-05-30 11:14:50 (читать в оригинале)

 

The spot rate is presently testing the intermediate support of its medium term bearish channel at 98.80 and is likely to rebound. However, a breakdown of these levels will release significant potential enabling to reach its lower limit in 98.00.

Technical indicators provide buyers signals and as long as the support is not broken, the assumption of a rebound is true. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.

Taking into account to previous events, the market will provide a bullish opportunity at the level of 98.80 with the 1st objectives seen at 99.40 and 99.60 levels. A break through 98.60 will cancel this scenario.

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

---

GOLD Intraday Technical Analysis

2012-05-30 11:13:06 (читать в оригинале)

 

At the moment Gold is testing the intermediate support of its medium term bearish channel at 1,538 and is likely to rebound. However, a breakdown of these levels will release significant potential enabling to reach its lower limit in 1,491.

Technical indicators provide sellers signals but as long as support is unbroken, the assumption of a rebound is relevant. Bollinger bands are much discarded as a result of a strong decline these days. The situation is expected to stabilize in the nearest future.

According to previous events the market will provide a bullish opportunity at the level of 1,538 with the 1st targets seen at 1,550 and 1,555 levels. A breakthrough of 1,535 will cancel this scenario.

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

---

GBP/USD Intraday Technical Analysis

2012-05-30 11:09:32 (читать в оригинале)

 

The spot rate is currently testing the intermediate support of its medium term bearish channel at 1.5600 and is likley to rebound. However, a break through these levels will reveal good potential enabling to reach its lower limit 1.5530.

Technical indicators provide buyers signals and as long as the support level is unbroken, the rebound is most likely to take place. Bollinger bands are much discarded resulting from the strong recent decline. The situation is expected to stabilize soon. 

Considering previous events the market will provide a bullish opportunity at the level of 1.5600 with 1.5660 and 1.5680 seen as first targets. A breakdown of 1.5580 level will reverse this scenario.

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

---

EUR/USD Intraday Technical Analysis

2012-05-30 11:06:00 (читать в оригинале)

 

The spot rate is currently testing the lower limit of its medium term bearish channel at 1.2430 and is likley to rebound. However, a breakdown of these levels will release significant potential resulting in more violent bearish trend.

Technical indicators provide buyers signals and as the support remains unbroken, the assumption of a rebound is relevant. Bollinger bands are much discarded due to the strong decline that took place these days. The situation is expected to stabilize soon.

According to previous events the market will provide a bullish opportunity at the level of 1.2430 with the 1st objectives seen at 1.2490 and 1.2510 levels. In case the level 1.2410 is passed through, the proposed scenario will be altered.

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