New Forex - the major pair analysis

[luminor]

On Sunday afternoon, many of the EUR cross currency pairs opened with a relatively big weekend gap. EUR/USD opened with a 150 pips gap down, but the Monday candlestick filled the gap strongly. That was a good chance for weekend gap traders to make some profit. If you don’t know what weekend gaps are and how some traders trade them


Now, the 2015.06.29 daily candlestick which is the first candlestick of the current week, is closed with a strong bullish body. It has also broken below Bollinger Lower Band strongly because it opened below the band and went all the way up to fill the gap.

The question is whether this candlestick has formed a strong long trade setup on EUR/USD daily chart or not?

There is no doubt this long trade setup is formed while the downtrend was exhausted on the EUR/USD daily chart. This long trade setup can be the beginning of a cycle and Wave A. The only negative point is that it seems it is strongly stopped by Bollinger Middle Band. You can say this from the 2015.06.29 candlestick upper shadow which is formed because of its reaction to the middle band. Therefore, this trade setup is not a 100 score setup. It is possible that the market goes to an indecision for a while and candlesticks move sideways and toward the Triangle apex. Under such a condition, the next market direction can be anyone’s guess.

credit-fxkeys

 

[zmtuah]

yeha,duk depan skali

 

[luminor]

yeha,duk depan skali

Huhu..sila masta besar

 

[Osncg]

Analisis teknikal GBP USD untuk 28 JULAI 2015

Pasangan GBPUSD melepasi paras 1,5555 dan menetap di atasnya, untuk membina asas sokongan urusniaga yang menguatkan lagi jangkaan kami meningkat dalam tempoh yang akan datang , menunggu untuk menuju ke arah tahap 1,5645 sebagai stesen utama yang akan datang.



EMA50 ini menawarkan sokongan positif sekarang, manakala bentuk stokastik faktor negatif yang menghalang misi yang semakin meningkat, tetapi, secara umum , kita akan terus mencadangkan arah aliran menaik dalam sesi yang akan datang kecuali memecahkan tahap 1,5470 dan menahan di bawahnya , menyatakan bahawa melanggar tahap 1,5645 akan melanjutkan gelombang kenaikan harga untuk mencapai 1.5750 diikuti oleh 1,5925 peringkat.



Julat dagangan dijangka untuk hari ini adalah antara 1,5470 sokongan dan 1.5700 rintangan.



Dijangka trend untuk hari ini: Bullish
Author
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[Osncg]

Technical analysis of USD/JPY for September 14, 2015

In Asia, Japan will release the Tertiary Industry Activity m/m and Revised Industrial Production m/m. The US will not publish economic data today. So, there is a strong probability that USD/JPY will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 121.26.

Resistance. 2: 121.02.

Resistance. 1: 120.79.

Support. 1: 120.49.

Support. 2: 120.26.

Support. 3: 120.02.

 

[Osncg]

Technical analysis of EUR/USD for September 14, 2015

When the European market opens, economic news about the Industrial Production m/m is due to be released. Today, the US is not expected to unveil economic data. So amid the reports, EUR/USD will movewith low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1398.

Strong Resistance:1.1391.

Original Resistance: 1.1380.

Inner Sell Area: 1.1369.

Target Inner Area: 1.1342.

Inner Buy Area: 1.1315.

Original Support: 1.1304.

Strong Support: 1.1293.

Breakout SELL Level: 1.1286.

 

[Osncg]

Elliott wave analysis of EUR/JPY for September 14, 2015

Technical summary:

A strong rally of 132.19 has continued. Now, it is testing the 70.7% corrective target at 137.02 (the high has been 137.05). This rally is extremely stretched and the correction towards at least 135.60 and likely even lower to 134.80 should be expected soon. In the short term, a break below minor support at 136.41 will be the first indication of a top being in place for a decline to 135.60.

Trading recommendation:

We will sell a break below 136.41 with stop placed at 137.10 and place take profit for 50% at 135.65

 

[Osncg]

Elliott wave analysis of EUR/NZD for September 14, 2015

Technical summary:

We continue to look for more upside pressure towards 1.8702 as wave iii of (v). Ideally this rally in wave (v) will break slightly above the top of wave (iii) at 1.9023 before a larger correction towards 1.7299 is seen. In the short term, support at 1.7840 will be able to protect the downside for a clear break above minor resistance at 1.7996 for the rally higher to 1.8702.

Trading recommendation:

We are long EUR from 1.7490 and will move our stop higher to 1.7620. If you are nort long EUR yet, then buy a break above 1.7996 and place your stop at 1.7840.