Forex Technical Analysis

[alex22]

nzd jpy

http://pcm-fx.com/englishforum/forumdisplay.php?10-Currencies
time daily



time h1

rd-

 

[alex22]

usd cad

http://pcm-fx.com/englishforum/forumdisplay.php?10-Currencies

time daily

pattern : inv ab=cd

 

[alex22]

eur usd

time h4

http://pcm-fx.com/englishforum/showthread.php?993-EUR-USD&p=2489#post2489

result:


http://pcm-fx.com/englishforum/showthread.php?993-EUR-USD&p=2594&posted=1#post2594

 

[alex22]

nzd usd


TIME weekly
http://pcm-fx.com/englishforum/showthread.php?1163-NZD-USD&p=2361#post2361
pattern : inv ab=cd



time : h4

Result:

http://pcm-fx.com/englishforum/showthread.php/1163-NZD-USD?p=2581#post2581

 

[alex22]

gbp usd

butterfly

rd-

http://pcm-fx.com/englishforum/forumdisplay.php/10-Currencies

 

[alex22]

AUD NZD

PATTERN : BAT

http://pcm-fx.com/englishforum/showthread.php/1188-AUD-NZD?p=2409#post2409

 

[alex22]

aud cad

pattern: butterfly

http://pcm-fx.com/englishforum/forum.php

 

[alex22]

aud cad

pattern: butterfly

http://pcm-fx.com/englishforum/forum.php

http://pcm-fx.com/englishforum/forum.php

 

[alex22]

Middle-Earth 12th August: GDP: Japan 2.6% Q2 vs 3.8% Q1 , Singapore up 15.5% , Germany est. 0.75%

http://pcm-fx.com/englishforum/forum.php

GDP: Japan 2.6% Q2 vs 3.8% Q1 , Singapore up 15.5% , Germany est. 0.75%


QUOTE: "Children must be taught how to think, not what to think."

MARKET PULSE


US: Forecast: Retail sales rose 4th month.
US: Retail sales up 0.3 % in July after a 0.4 % advance in June
US: Fed's Lockhart- "first cuts in Fed bond purchases may come as early as September"
JAPAN: GDP expanded an annualized 2.6 % (2nd Q ) vs 3.8 % in Q1
EUR: Net longs were 6,061 on Aug. 6, versus net shorts of 8,504 a week earlier.
EUR: euro-zone GDP has contracted six quarters in a row,"
EUR: German Second-Quarter GDP Growth Said to Be Estimated at 0.75%
SINGAPORE: 2Q GDP expanded 15.5% Q/q vs est. 14.2%
GOLD: Assets in the SPDR Gold Trust increased 1.8 MT to 911.13 tons on Aug. 9
GOLD: China gold consumption rose 54 % to 706.36 tons (YoY) in 1st 6 months
GOLD: ANZ: Forecast $1,400 in 2014 and $1,500 in 2015.


COMMODITIES


Gold Advances to Highest Level This Month as SPDR Assets Expand
Hedge Funds Trim Gold Bets on Stimulus Speculation
WTI Crude Fluctuates as Brent Declines Sixth Time in Seven Days
Gold Premiums in India Seen Extending Climb to Record on Curbs
Oil Traders Sell Seeing End to Fed's QE3
Copper Declines as Japan's Economy Expands Less Than Estimated
China Gold, Silver Jewelry Sales Surged 42% in July



INDIAN INR

MARKETS

INR rose to a 1-week high. INR advanced 0.4 % to 60.60 at opening and saw a high of 60.45 . It saw a low of 61.8050 on Aug. 6 and has lost 8.7 % in the past year. 1-month volatility, fell 20 bp to 12.32 %. 3-month forwards rose 0.4 % to 62.09. 3-month NDF fell 0.3 % to 62.06​

FACTORS

CB to further tighten cash supply to support INR
RBI will auction $3.6 Bln of cash-management bills every Monday.
FORECAST: CPI rose 9.7 % in July (YoY) Vs. 9.87 % in June
RBI has barred banks from proprietary trading in currency futures.

GOLD

MARKETS

Gold spot up as 1.5 % to $1,333.94 (July 31 High) and was trading at $1,329.92 in Asia . Gold December up 1.6 % to $1,333 . Silver up 3.5 % to $21.285 (June 20 High). Silver advanced 3.3 % last week, the biggest gain since the period to July 12.​

FACTORS

Holdings in the biggest ETF expanded for the first time since June.
Assets in the SPDR Gold Trust increased 1.8 MT to 911.13 tons on Aug. 9
China gold consumption rose 54 % to 706.36 tons (YoY) in 1st 6 months
ANZ: Forecast $1,400 in 2014 and $1,500 in 2015.


SENSEX

MARKETS

The S&P BSE Sensex rose 0.6 % to 18,905.34 at opening ( 1 week high)

FACTORS

Drug-makers rallied on higher earnings,
Sun Pharm posted a 56 % gain in net income
Cipla Ltd. surged 4.1 % after first-quarter profit beat estimates.


FOREIGN EXCHANGE

MARKETS

USD Index, advanced 0.1 % to 81.234. USD rose 0.3 % to 96.48 JPY, with a low of 95.81 on Aug. 8.​

,USD rose 0.1 % vs the EUR , EURUSD at $1.3325 . EUR rose 0.1 % to 128.56 JPY after earlier reaching 127.98, the weakest since June 27​

FACTORS

US : Forecast : Retail sales rose 4th month.
US : Retail sales up 0.3 % in July after a 0.4 % advance in June
US : Fed'sLockhart- " first cuts in Fed bond purchases may come as early as September"
Japan, GDP expanded an annualized 2.6 % (2nd Q ) vs 3.8 % in Q1
EUR: Net longs were 6,061 contracts on Aug. 6, versus net shorts of 8,504 a week earlier.
EUR: euro-zne GDP has contracted six quarters in a row,"
German Second-Quarter GDP Growth Said to Be Estimated at 0.75%
Singapore's 2Q GDP expanded 15.5% Q/q vs est. 14.2%


COPPER

MARKETS

Copper 3 months dropped as much as 0.8 % to $7,220 a MT and was at $7,229 in Asia , Copper is down 8.9 % this year. Copper September fell 0.5 % at $3.29 a pound​

FACTORS

Japan's economy grew less than expected.
China industrial output turns positive


OIL

MARKETS

WTI September at $106.14 up 17 cents. It advanced $2.57 to settle at $105.97 on Aug. 9. The volume of all futures traded was 9.5 % below the 100-day average. Prices fell 0.9 % last week. Brent September slid 3 cents to $108.19. Brent at a premium of $2.05 to WTI .​

FACTORS

Money managers reduced their net- long positions on crude for a 2nd week
U.S. crude stockpiles declined for the 5th time in 6 weeks

Iranian oil minister "first action will be to bring the country's oil production capacity back to 2005"

Read more: http://forums.babypips.com/other-pairs/51229-futures-8.html#ixzz2bl5m8QtD

 

[alex22]

cad chf

We can see a reversal on price by the lower channel line after formation of ab=cd pattern. Currently according to the break off on the upper channel line we expect to have a bullish movement.

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