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  • Technical analysis Today’s highlights:

    Posted on: March 13th, 2013 by Ofir Alkoby 1 Comment
    Forex Trading TV Blog

    EURUSD: Searching trend-line stage of resistance at 1.3058. We look for a large above here and for the short-term restoration attempt to proceed greater for 1.3136, then 1.3317.


    USDJPY: Resistance discovered at 96.77. The industry is now returning reduced within its short-term variety but we anticipate 95.02/94.76 to keep, with wide danger still to 99.84/100.00.


    AUDUSD: Improving towards crucial stage of resistance at 1.0374. Only above here allows for a restoration greater to 1.0498/79. While below the prejudice continues to be generally reduced for 1.0116.


    GBPUSD: Head-fake below the long-term 61.5% Fibonacci retracement assistance stage of 1.4852. However, after getting grip at 1.4834, we keep see opportunity for a recovery up to 1.5265/33/23.


    Today’s trades/positions:


    EURUSD: Long at 1.3040, focus on 1.3240, quit now 1.2955. Buy again at 1.2905 if ceased out, focus on 1.3300, SL at 1.2855.


    USDJPY: Buy at 94.75 focusing on 99.50, SL at 92.90.


    GBPUSD: Long from 1.4901 focusing on 1.5220, SL at 1.4777.


    USDCHF: Took benefit at 0.9465. Buy again at 0.9400, for 0.9753, SL at 0.9286.


    AUDUSD: Offers at 1.0350 focusing on 1.0100, stop/reverse through 1.0375 (for 1.0495).


    NZDUSD: Scraped brief and changed long from 0.8240, focus on now 0.8485, SL at 0.8185.


    USDCAD: Target met and changed brief again at 1.0285, for 1.0135, SL at 1.0317.


    Disclaimer -All information displayed above does not constitute a personal recommendation or investment advice and have not considered any of your personal circumstances or your investment objectives, nor is it an offer to buy or sell, or the solicitation of an offer to buy or sell, any Foreign Exchange Contracts or Cross Currency Contracts.
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  • One Comment

      Thomas Gasuku:
    1. Some truly fantastic articles on this internet site , thank you for contribution.

      April 29th, 2013 at 8:52 am

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