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

USD/CAD Intraday Technical Analysis and Trading Recommendations for April 9, 2012

2012-04-09 11:09:52 (читать в оригинале)

Last Friday, the USD/CAD movement was bullish which made the Violet channel directed to the upside, unlike the rest of its channels which are either transverse or slightly bearish.

This bullish movement found resistance at testing the upper limit of the Yellow & Blue channels, having faild to be fixed outside as depicted in the 1st Hourly candlestick of Today.

Now we expect either the pair retests the upper limit of the Yellow channel at 0.9996 or breakdown of the lower limit of the violet channel & intermediate line of the Yellow one at 0.9953.

Both events constitute a valid SELL Entry with targets at 0.9930 & 0.9888; SL is to be placed above 1.0015.

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

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for April 9, 2012

2012-04-09 11:07:58 (читать в оригинале)

From 1.5600 to1.6060 the GBP/USD pair was considered as bullish as it was moving within the depicted bullish channel which has been broken through last week.

The GBP/USD pair showed the massive bearish reaction after testing the 1.6060 level and breaking down 1.5880 the prominent support level reaching the point 1.5830 which is a support level on the 4H chart (50% Fibonacci level).

The massive bearish reaction that was able to break down the lower limit of the depicted channel favours the bearish prospective rather than bullish one. However, having failed to break through 1.5830 for two successive times may bring some bullish strength into the market at least towards 1.59600, hence 1.5830 may constitute a valid short-term BUY entry towards 1.5945-1.5970 with SL its breakdown.

What favors this expected bullish retracement is that the pair is trapped between 1.5880 & 1.5830 probably forming a short-term Head & Shoulders reversal pattern to be targetting the backside of the lower limit of the broken channel to complete the right shoulder of the major Head & Shoulders pattern.

Proceeding from the former price action in the current price zone 1.5830-1.6060 we can see that the GBP/USD pair is probably forming a H&S reversal pattern with neckline at 1.5830 and the right shoulder that is expected to be placed around 1.5945-1.5970 which constitutes a valid low/risk SELL entry.

Breakdown above the last recorded high at 1.6062 invalidates the bearish scenario for the short-term prospective. However, a breakdown of 1.5830 will confirm the reversal pattern allowing the GBP/USD to reach 1.5777 and 1.5650.

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

---

GBP/JPY Elliott Wave Count and Fibonacci Levels for April 9, 2012

2012-04-09 11:06:22 (читать в оригинале)

The GBP/JPY pair is developing an impulse wave C of the medium term downtrend from 133.32 (light green in the chart). Within this wave we have three subwaves (royal blue in the chart), A, B, and an impulse subwave C developing from 133.19 including three subwaves (magenta in the chart) and impulse subwave C developing from 130.81. At smaller level there are A, B, and C waves (orange red in the chart); the subwave C is developing from 129.58.

Now the downside targets are Fibonacci expansions 133.42-129.94-133.32, 133.32-130.08-133.19, 133.19-129.45-130.81, 130.81-129.09-129.58.

Supports:

- 128.52-50 = confluence area of two contracted objective points (COP)
- 127.95-86 = confluence area of expanded objective point (XOP) and objective point (OP)
- 127.69 = XOP
- 127.07 = OP

If the price reverses to the upside the immediate resistances will be Fibonacci retracements of the wave down from 133.19 - this wave is not developed yet, so resistances are not available.

Overbought/Oversold

The bigger wave is now moving downside, so it is recommended to try short positions when the Detrended Oscillator goes above the zero level (current prices) or into the overbought area (35-50 pips above the current prices). Watch for opportunities to go short at or near the indicated resistances.

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

---

AUD/USD Elliott Wave Count and Fibonacci Levels for April 9, 2012

2012-04-09 11:03:27 (читать в оригинале)

The AUD/USD pair is developing the potential corrective wave B of the medium term uptrend (coral in the chart) from 1.0856. Within this wave there are three subwaves (light green in the chart); the subwave C is developing from 1.0636 comprising A-B-C cycle that is developing at the moment (royal blue in the chart), subwave C started at 1.0465. Within the latter we also have three subwaves (red in the chart), and potential impulse subwave C is developing from 1.0336. It also contains subwaves A-B-C (yellow in the chart, and C is developing from 1.0315.

Now the immediate supports are Fibonacci retracements 0.9861-1.0856 and expansions 1.0856-1.0423-1.0636, 1.0636-1.0304-1.0465, 1.0465-1.0243-1.0336, 1.0336-1.0272-1.0315.

Supports:

- 1.0251 = objective point (OP)
- 1.0241 = .618 retracement
- 1.0211 = expanded objective point (XOP)
- 1.0203-1.0199 = confluence area of OP and contracted objective point (COP)

The upside targets og the current price are Fibonacci retracements 1.0465-1.0243.

Resistances:

- 1.0354 = .50 ret
- 1.0380 = .618 ret

Overbought/Oversold

The larger wave is now moving downside, so it is prefereable to go short when the Detrended Oscillator goes above the zero level (current prices) or into the overbought area (30-45 pips above the current prices), watch for possibilities to go short at or near the indicated resistances.

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

---

GBP/CHF Standing right at Crossroads

2012-04-09 11:01:38 (читать в оригинале)

Technical Outlook:

GBP/CHF is still locked in consolidation and is likely to break through. Strong resistance is seen at 1.4790 level while the intermediary high is located at 1.4620/30 levels. As it is shown in the charts below prices have tested the previous highs at 1.4620 levels on Friday providing an Evening Star; the bearish signal indicates Sell-deals.From the structural point of view we recommend to remain short with Stop  Loss at 1.4790 levels. When prices are lower than 1.4790, the pair will be likely to break through 1.42 level. Please, consider the recommendations below:

 

 Chart Setup and Trade Recommendations:

Since last week the conventional Head and Shoulder setup has been forming. At the moment price is seems to be carving out a right shoulder around 1.4550-1.4520 levels,corrsponding to Fibonacci resistance zone of Down AB depicrted on chart. Head and Shoulder setups need some time to materialize, but whether it is true or not, the breakouts are also very powerful and steep. We are expecting prices to breakdown to 1.3790 levels on the downsde. This bearish outlook is likely to take place if  prices are below 1.4790. At the moment the level 1.4620 is being tested. Bottom line: Lower.

 Trade Recommendations: Issued earlier on April 04.

Sell @ 1.4520/40, Stop @ 1.4790, Target1 @ 1.3940, Target2 @ 1.3790. The trade is expected to materialize this week.

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