Technical Analisis Dari FBS.com

[Syazfirul Enterprise]

BNP Paribas: stay long on USD
9 June 2015, 10:04 Comments: 0

The US dollar retraced all the last week's post-NFP gains at the beginning of the new week. That's how analysts at the French bank BNP Paribas explain the USD dynamics:

"US 2-year Treasury yields dipped to the pre-NFP levels. It means that the markets still don't believe in a rate hike before December 2015. Dovish FOMC comments, delivered last week, contributed to the investors' pessimism".

However, analysts recommend holding the USD longs ahead of the May retail sales data on Thursday: "Market sentiment will quickly change if the retail sales data look more like the NFP, than like the Q1 GDP. There are a lot of indications that the retail figures could come out strong in May".

 

[Syazfirul Enterprise]

GBP/NZD: buy targets – 2.2200 and 2.2400
11 June 2015, 07:55 Comments: 0
By: Dima Chernovolov

GBP/NZD reached buy target 2.1600
Next buy targets – 2.2200 and 2.2400
GBP/NZD recently broke sharply above the resistance level 2.1600 (which was set as the buy target in our previous forecast for this currency pair) and 2.1800. The breakout of these successive resistance levels should further accelerate the active minor impulse wave 3 – which belongs to the 5th intermediate impulse (5) of the 3rd primary impulse ③ from April.

GBP/NZD is likely to rise further toward the next buy targets at 2.2200 (target price for the termination of impulse wave 3) and 2.2400 (target price for the termination of the longer-term impulse wave (5)).

 

[Syazfirul Enterprise]

GBP/USD: forecast for June 15-21​

12 June 2015, 12:32 Comments: 0

Kira Iukhtenko

British pound jumped to the upside on the past week, forming a “bullish engulfing” candle on the weekly chart. The pair faced resistance at 1.5550 – this is where 38,2% From the 2014 decline lies.

Break above this level could open the way towards the 1.5900 area. However, the market lacks momentum for such a strong move these days. Next week we expect the USD buying to resume.

Meanwhile, Great Britain is scheduled to release CPI, labor market figures and retail sales data on the coming week. Pay attention to the average earnings index – wage growth is expected to accelerate to 2.4%, giving a good signal to the Bank of England.

 

[Syazfirul Enterprise]

Danske Bank: trade signals for June 15
15 June 2015, 08:52 Comments: 0

Open positions:*

USD/JPY: Hold SHORT from 123.52, TAKE PROFIT 121.78, STOP LOSS 124.65

GBP/USD: Hold LONG from 1.5447, TAKE PROFIT 1.5700, STOP LOSS 1.5415 (revised)

AUD/USD: Hold LONG from 0.7705, TAKE PROFIT 0.7846, STOP LOSS 0.7635

EUR/CAD: Hold LONG from 1.3850, TAKE PROFIT 1.4225, STOP LOSS 1.3690

GBP/JPY: Hold LONG from 191.00, TAKE PROFIT 193.73, STOP LOSS 190.09

EUR/JPY: Hold SHORT from 139.45, TAKE PROFIT 137.08, STOP LOSS 140.20

Trade ideas:

EUR/CHF: SELL at 1.0485, TAKE PROFIT 1.0312, STOP LOSS 1.0535

NZD/USD: SELL at 0.7070, TAKE PROFIT 0.6878, STOP LOSS 0.7120

USD/CAD: BUY at 1.2250, TAKE PROFIT 1.2442, STOP LOSS 1.2160

USD/CHF: Look to SELL

EUR/USD: Look to BUY

EUR/GBP: Possibly SELL

 

[Syazfirul Enterprise]

EUR/JPY: buy target – 141.00
16 June 2015, 08:18 Comments: 0

By: Dima Chernovolov

EUR/JPY reached buy target 140.00
Next buy target – 141.00

EUR/JPY recently corrected down – after the pair reached the resistance level 140.00, which was set as the buy target in our previous forecast for this currency pair. The subsequent downward correction recently stopped in the support zone lying at the intersection of the support level 138.00 and the 38.2% Fibonacci Correction of the previous intermediate (C)-wave from May.

EUR/JPY is likely to rise further to test the next resistance level 141.00 (which stopped the previous primary ABC correction ② at the start of this month).

 

[Syazfirul Enterprise]

Danske Bank: trade signals for June 17
17 June 2015, 07:04 Comments: 0
​

Open positions:*

EUR/USD: Hold SHORT at 1.1265, TAKE PROFIT 1.1050, STOP LOSS 1.1352

USD/JPY: Hold SHORT at 123.52, TAKE PROFIT 121.78, STOP LOSS 124.20 (revised)

GBP/USD: Hold LONG at 1.5447, TAKE PROFIT 1.5700, STOP LOSS 1.5483 (revised)

USD/CHF: Hold LONG at 0.9330, TAKE PROFIT 0.9543, STOP LOSS 0.9229

AUD/USD: Hold LONG at 0.7705, TAKE PROFIT 0.7846, STOP LOSS 0.7635

USD/CAD: Hold LONG at 1.2340, TAKE PROFIT 1.2529, STOP LOSS 1.2268

EUR/JPY: Hold SHORT at 139.45, TAKE PROFIT 137.08, STOP LOSS 140.20

EUR/CHF: Hold LONG at 1.0470, TAKE PROFIT 1.0602, STOP LOSS 1.0420

EUR/CAD: Hold LONG at 1.3850, TAKE PROFIT 1.4225, STOP LOSS 1.3690

GBP/JPY: Hold LONG at 191.00, TAKE PROFIT 195.23 (revised), STOP LOSS 191.97 (revised)


Trade ideas:

EUR/GBP: SELL at 0.7220, TAKE PROFIT 0.7056, STOP LOSS 0.7273

NZD/USD: SELL at 0.6998 (revised), TAKE PROFIT 0.6878, STOP LOSS 0.7060

 

[Syazfirul Enterprise]

NZD/CHF: sell target – 0.6200
18 June 2015, 07:49 Comments: 0

By: Dima Chernovolov

NZD/CHF reached sell target 0.6450
Next buy target – 0.6200

NZD/CHF yesterday broke sharply below the strong support level 0.6450 which previously stopped the sharp intermediate impulse wave (1) in January (as you can see below) and which was set as the sell target in our previous forecast for this instrument. The breakout of this support level is likely to intensify the bearish pressure on this currency pair in the coming trading sessions.

NZD/CHF is set to fall further toward the next sell target at the support level 0.6200 (forecast price calculated for the termination of the active impulse waves 5 and (3)). Strong resistance remains at 0.64550.

 

[Syazfirul Enterprise]

NZD/USD:sell target – 0.6800
19 June 2015, 08:01 Comments: 0

By: Dima Chernovolov

NZD/USD falls inside impulse waves 3 and (5)
Next sell target – 0.6800

NZD/USD has been falling strongly in the last few trading sessions – following the earlier breakout of the strong resistance level 0.7200 (which was later retested with the Evening Star) and the lower support trendline of the extended daily down channel from last October (as you can see from the daily NZD/USD chart below). Each of these support breakouts intensified the bearish pressure on NZD/USD.

NZD/USD is likely to fall further inside the active impulse waves 5 and (3) toward the next sell target 0.6800. The pair is likely to correct up after reaching this support level.

 

[Syazfirul Enterprise]

Trading plan for June 19
Friday, June 19, 2015 - 08:53

The US Dollar is depreciating after the dovish Fed’s meeting on Wednesday. Inflation data released on Thursday added pressure: core CPI rose by only 0.1% in May. DXY fell below 94 points. Next support is seen at 93 points – these are the May lows.

EUR/USD rose above 1.1400 – market forgot about the Greek issue after the FOMC disappointment. Watch the Ecofin meeting headlines on Friday. Resistance for EUR/USD lies at 1.1530 – break higher could confirm an inverse “head-and-shoulders” formation with a strong bullish potential. Watch the 1.1050 support.

GBP/USD broke above the 1.5900 resistance, reaching its highest levels since 2014. We’ll see whether the cable manages to fix above 50% Fibonacci (1.5870). Support lies at 1.5800, while resistance – at 1.6000.

USD/JPY retraced down below 123 yen. Support lies around 122.40.Break lower could provoke a strong selloff. Watch the Bank of Japan meeting tonight.

AUD/USD surged above the 0.7800. We are not sure that the pair will be able to fix above here, but a weekly close could become a strong buying signal.

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[Syazfirul Enterprise]

GBP/USD: buy target – 1.6000
22 June 2015, 07:54 Comments: 0

By: Dima Chernovolov

GBP/USD broke resistance level 1.5800
Next buy target – 1.6000

GBP/USD has been rising strongly in the last few trading sessions – following the earlier breakout of the round resistance level 1.5000, which was set as the buy target in our previous report for this currency pair. The breakout of the resistance level 1.5000 intensified the bullish pressure on GBP/USD – helping the active minor impulse wave 3 break above the resistance level 1.5800 (top of the previous (A)-wave).

GBP/USD is likely to rise further inside the active minor impulse wave 3 toward the next buy target at the round resistance level 1.6000. Strong support remains at 1.5800.