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Broj poruka : 17
Points : 1324
Date of Entry : 2014-01-09
Godina : 27
View user profilehttps://www.orbex.com/en/login-to-trade-lab?ref_id=1334

AFB FX Daily Analysis Briefing

on Mon Jan 13, 2014 3:12 pm
 

support
resistance
level1
1.3615
1.3700-30
level2
1.3550-70
1.3780
level3
1.3450-80
1.3810
 
Short term strategy:keep trades we bought at 1.3640 , stop loss at 1.3615 , target 1.3700-30
 
EUR/USD:
Euro on uptrend range
1.36675
 
short-run showing ability for trading zone between 1.3550 - 1.3810 , while for intraday trading market have support at 1.3615 , where as long as market holding trades above this level will expect market to keep chances for testing 1.3700-30 zone
m arket executed our long(buy) orders at 1.3640 yesterday , while we still waitting for a test to 1.3700-30
market showing signals for ability to sustain trades for the short-run between 1.3550 - 1.3810
 
Daily Trend: Down
Weekly Trend: Up 




support
resistance
level1
1.6390
1.6450-75
level2
1.6335
1.6530-50
level3
1.6215
1.6600
 
Short term strategy: place short-sell at 1.6330 , stop loss above 1.6450 , first target 1.6215-50 , second target 1.5900
 
GBP/USD:           
Pound in potential rising wedge  
1.6400
 
as we see over the daily chart, market still holding trades inside the potential rising wedge, while a chance to hold trades for the short-term inside trading zone 1.6200 - 1.6600
if market managed to broke below 1.6215 this may lead for farther drop toward 1.5900 zone , while as long as market holding trades above 1.6215 the uptrend movement will sustain 
with such potential rising wedge over the market, and if mrket fell below 1.6335 this may place market under drop pressure to break below 1.6215 and to head toward 1.5900 zone, this scenario need the market to fall below 1.6335
and with such signals we will reverse our outlock for the short-run , while we will place short-sell orders below 1.6335 and will watch market reaction around 1.6215-50 zone 
 
Daily Trend: Up
Weekly Trend: Up                                                 
                                                     
 
 




support
resistance
level1
103.25
103.90
level2
102.05
104.40
level3
101.50
105.35
 
Short-term strategy:place long(buy) at 102.10 , stop loss below 100.40 , target 105.00
 
USD/JPY:                                                
on potential sideway trading zone 
103.65
market managed to fell toward our first potential target 103.40 , while market start to give signals about ability to sustain trades for the comming short-run term between 102.00-105.00 zone 
market still testing support zone of 103.40 , while we still waitting for our second potential target 102.05 where oppertunity to long(buy) market will increase
indicators showing ability for market to hold the comming short-run range between 102.00 - 105.00
 
 Daily Trend: Down
 Weekly Trend: Up




support
resistance
level1
91.45-65
92.30-50
level2
90.10
93.30-50
level3
89.70
94.20
 
Short term strategy: flat
 
Oil(G):                                                           
Oil under under drop ralley , while rebound market still under doubt
91.90
market managed to sustain drop last week while managed to print 91.25 low.
short-run indicators showing ability for the market to initiate rebound correction movement , while technical analysis still seeing the 93.35-50 resistance as a sign for continues drop.
as long as market holding trades below 93.30-50 the down trend pressure will sustain , while above 93.30-50 expect 94.30-70 zone and 95.50-70
short-run analysis showing first resistance at 92.30-50 , while support at 91.40-60
 
Daily Trend: Down    
Weekly Trend: Down
 
 




support
resistance
level1
1243
1268
level2
1218
1280
level3
1200
1291
 
Short term strategy:keep trades we sold inside 1252-62 zone , stop loss at 1285 , first target 1200 , second target 1160
 
GOLD
Gold losing Glow on fed taper 
1248
Gold lost the glow after fed announced last month that taper will take effect starting this year, while better than expected data from US still spurring demand for equity market while investment still shifting from Gold to equity as we advised few months ago
as we see over the chart market still holding trades inside the downtrend channel for the short-run range , where support zone laying at 1180-90.
we still advising that this year world economic may show more advance data which may hold downtrend pressure over the Gold to obtain trading range between 1100 - 1290 .
market managed to rebound from our support zone 1180-90 , while market managed  to obtain daily close above 1222 which helped the short-run trading range between 1200 - 1260 plus OR minus , while market managed to execute our short-sell orders inside 1252-62
as long as market holding trades below 1268 our downtrend channel will sustain , and so will expect the drop pressure to continue over the market , while above 1268 market will start to give signals for ability for farther advance and so we will adjust our stop loss to be t 1285
 
Daily Trend: Down  
Weekly Trend:Down
 
 




support
resistance
level1
16155
16260-80
level2
16000
16315
level3
15800
16500
 
Short-Term Strategy: flat
 
 
Dow Jones:                                            
new uptrend wave affecting the market  
16230
 
market sustain demand over equities after last economic data from U.S last quarter of last year which promissing farther advance for economic this year.
such economic advance in the U.S may spur demand for equity this year even as QE program facing taper
market showing ability for uptrend channel for the short-run as we see over the chart where market range expanded to be between 15800 - 16650
market managed to obtain first drop correction where market managed to hold trades so far above support 16155 so far
as long as market holding trades above 16155 we may expect some rebound correction toward up, while below 16155 market may have chance to test 16000 zone
 
Daily Trend: Up  
Weekly Trend: Up          
avatar
Broj poruka : 17
Points : 1324
Date of Entry : 2014-01-09
Godina : 27
View user profilehttps://www.orbex.com/en/login-to-trade-lab?ref_id=1334

Tuesday - 2014-01-14

on Tue Jan 14, 2014 2:32 pm






[th][/th][th]support[/th][th]resistance[/th]
level11.36151.3700-30
level21.3550-701.3780
level31.3450-801.3810

Short term strategy:keep trades we bought at 1.3640 , stop loss at 1.3615 , target 1.3700-30
 [ltr]EUR/USD:
Euro on uptrend range
1.36675
 
short-run showing ability for trading zone between 1.3550 - 1.3810 , while for intraday trading market have support at 1.3615 , where as long as market holding trades above this level will expect market to keep chances for testing 1.3700-30 zone
m arket executed our long(buy) orders at 1.3640 yesterday , while we still waitting for a test to 1.3700-30
market showing signals for ability to sustain trades for the short-run between 1.3550 - 1.3810
 
Daily Trend: Down
Weekly Trend: Up 


[/ltr]








[th][/th][th]support[/th][th]resistance[/th]
level11.63901.6450-75
level21.63351.6530-50
level31.62151.6600

Short term strategy: place short-sell at 1.6330 , stop loss above 1.6450 , first target 1.6215-50 , second target 1.5900
 [ltr]GBP/USD:           
Pound in potential rising wedge  
1.6400
 
as we see over the daily chart, market still holding trades inside the potential rising wedge, while a chance to hold trades for the short-term inside trading zone 1.6200 - 1.6600
if market managed to broke below 1.6215 this may lead for farther drop toward 1.5900 zone , while as long as market holding trades above 1.6215 the uptrend movement will sustain 
with such potential rising wedge over the market, and if mrket fell below 1.6335 this may place market under drop pressure to break below 1.6215 and to head toward 1.5900 zone, this scenario need the market to fall below 1.6335
and with such signals we will reverse our outlock for the short-run , while we will place short-sell orders below 1.6335 and will watch market reaction around 1.6215-50 zone 
 
Daily Trend: Up
Weekly Trend: Up                                                 
                                                     
 
 


[/ltr]








[th][/th][th]support[/th][th]resistance[/th]
level1103.25103.90
level2102.05104.40
level3101.50105.35

Short-term strategy:place long(buy) at 102.10 , stop loss below 100.40 , target 105.00
 [ltr]USD/JPY:                                                
on potential sideway trading zone 
103.65
market managed to fell toward our first potential target 103.40 , while market start to give signals about ability to sustain trades for the comming short-run term between 102.00-105.00 zone 
market still testing support zone of 103.40 , while we still waitting for our second potential target 102.05 where oppertunity to long(buy) market will increase
indicators showing ability for market to hold the comming short-run range between 102.00 - 105.00
 
 Daily TrendDown
 Weekly Trend: Up


[/ltr]








[th][/th][th]support[/th][th]resistance[/th]
level191.45-6592.30-50
level290.1093.30-50
level389.7094.20

Short term strategy: flat
 [ltr]Oil(G):                                                           
Oil under under drop ralley , while rebound market still under doubt
91.90
market managed to sustain drop last week while managed to print 91.25 low.
short-run indicators showing ability for the market to initiate rebound correction movement , while technical analysis still seeing the 93.35-50 resistance as a sign for continues drop.
as long as market holding trades below 93.30-50 the down trend pressure will sustain , while above 93.30-50 expect 94.30-70 zone and 95.50-70
short-run analysis showing first resistance at 92.30-50 , while support at 91.40-60
 
Daily Trend: Down    
Weekly Trend: Down
 
 


[/ltr]








[th][/th][th]support[/th][th]resistance[/th]
level112431268
level212181280
level312001291

Short term strategy:keep trades we sold inside 1252-62 zone , stop loss at 1285 , first target 1200 , second target 1160
 [ltr]GOLD
Gold losing Glow on fed taper 
1248
Gold lost the glow after fed announced last month that taper will take effect starting this year, while better than expected data from US still spurring demand for equity market while investment still shifting from Gold to equity as we advised few months ago
as we see over the chart market still holding trades inside the downtrend channel for the short-run range , where support zone laying at 1180-90.
we still advising that this year world economic may show more advance data which may hold downtrend pressure over the Gold to obtain trading range between 1100 - 1290 .
market managed to rebound from our support zone 1180-90 , while market managed  to obtain daily close above 1222 which helped the short-run trading range between 1200 - 1260 plus OR minus , while market managed to execute our short-sell orders inside 1252-62
as long as market holding trades below 1268 our downtrend channel will sustain , and so will expect the drop pressure to continue over the market , while above 1268 market will start to give signals for ability for farther advance and so we will adjust our stop loss to be t 1285
 
Daily Trend: Down  
Weekly Trend:Down
 
 


[/ltr]








[th][/th][th]support[/th][th]resistance[/th]
level11615516260-80
level21600016315
level31580016500

Short-Term Strategy: flat
 [ltr] 
Dow Jones:                                            
new uptrend wave affecting the market  
16230
 
market sustain demand over equities after last economic data from U.S last quarter of last year which promissing farther advance for economic this year.
such economic advance in the U.S may spur demand for equity this year even as QE program facing taper
market showing ability for uptrend channel for the short-run as we see over the chart where market range expanded to be between 15800 - 16650
market managed to obtain first drop correction where market managed to hold trades so far above support 16155 so far
as long as market holding trades above 16155 we may expect some rebound correction toward up, while below 16155 market may have chance to test 16000 zone
 
Daily Trend: Up  
Weekly Trend: Up                                                            
 


[/ltr]
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