Technical Analisis Dari FBS.com

[Syazfirul Enterprise]

AUD/CHF: sell target - 0.6700
3 September 2015, 08:17 Comments: 0

By: Dmitriy Chernovolov

AUD/CHF reversed from pivotal resistance level
Next sell target - 0.6700

AUD/CHF continues to decline – following the earlier downward reversal from the resistance zone lying between the resistance level 0.6950 (former pivotal support level which reversed the pair in January and in July, as you can see below) and the 50% Fibonacci Correction of the previous sharp downward impulse wave (iii) from the start of August. The downward reversal from this resistance zone continues the active intermediate impulse wave (5) from March.

AUD/CHF is expected to fall further in the active impulse waves (iii) and 3 toward the next sell target at the support level 0.6700. Strong resistance remains at 0.6950.

 

[Syazfirul Enterprise]

Forex trading plan for September 4
3 September 2015, 13:17 Comments: 0

By Elizabeth Belugina

On Friday, traders will be focused on the release of the US nonfarm payrolls data (NFP) at 12:30 GMT as it’s the key publication ahead of the Federal Reserve’s September 17 meeting. This publication will determine dollar’s dynamics in all major pairs. According to the forecast, American economy added 217K jobs in August. As there have been many concerns about China so far, a reading above 200K is needed to keep the greenback from declining. A reading above 220K will make the greenback strengthen – the bigger the figure is, the higher USD will get. A reading between 200K and 220K may cause some volatility, but won’t clarity the Fed’s position. Ahead of the release trading should be quiet and in narrow ranges as many players will avoid new positions.

EUR/USD fell on Thursday because of the dovish comments of the European Central Bank. The ECB lowered inflation and growth forecasts and increased issue share limit: the central bank may now hold 33% of a bond issue vs. 25% earlier. The pair met support of the 100-day MA in the 1.1100 area.

GBP/USD continues declining hitting the next target at 1.5245 (50% of the April-June advance). Further support is at 1.5200 and 1.5170/50. Resistance is at 1.5330, 1.5360 and 1.5400.

USD/JPY is facing resistance of the 50% Fibo of the August decline and 200-day MA (120.70/77). It seems like the pair’s under bearish pressure below this area. Further resistance is in the 121.70 zone. Support is at 119.60 and 119.30.

AUD/USD is trying to hold above the psychological level of 0.7000. After weak GDP came weak retail sales. The pair is oversold and there is bullish divergence on H4. Still, no big moves are expected until the NFP release. Resistance is at 0.7060, 0.7100 and 0.7128. Support is at 0.6950 and 0.6900.

 

[Syazfirul Enterprise]

EUR/JPY: sell target - 130.00
4 September 2015, 08:06 Comments: 0

By: Dmitriy Chernovolov

EUR/JPY broke pivotal support level 133.50
Next sell target - 130.00

EUR/JPY continues to fall after the recent breakout of the pivotal support level 133.50 which reversed earlier waves 4, (B) and (1), as you can see from the daily EUR/JPY chart below). The breakout of this support level was preceded by the breakout of the support trendline of the daily Triangle from April. These two successive support breakouts accelerated the active impulse waves 3 and (3).

EUR/JPY is likely to fall further inside the active accelerated impulse waves 3 and (3) (which are a part of the primary impulse ③ from June) toward the next sell target at the round support level 130.00.

 

[Syazfirul Enterprise]

Danske Bank: trade signals for September 7
7 September 2015, 07:18 Comments: 0

Open positions:

EUR/USD: Hold SHORT at 1.1175, TAKE PROFIT 1.1017, STOP LOSS 1.1252

USD/JPY: Hold SHORT at 121.15, TAKE PROFIT 118.26, STOP LOSS 120.80 (revised)

USD/CHF: Hold LONG at 0.9580, TAKE PROFIT 0.9799, STOP LOSS 0.9565 (revised)

AUD/USD: Hold SHORT at 0.7215, TAKE PROFIT 0.6771, STOP LOSS 0.7099 (revised)

USD/CAD: Hold LONG at 1.3185, TAKE PROFIT 1.3384, STOP LOSS 1.3100

EUR/GBP: Hold LONG at 0.7300, TAKE PROFIT 0.7483, STOP LOSS 0.7240

EUR/CAD: Hold SHORT at 1.4840, TAKE PROFIT 1.4387, STOP LOSS 1.5010

GBP/JPY: Hold SHORT at 183.35, TAKE PROFIT 178.48, STOP LOSS 184.85

NZD/USD: Hold SHORT at 0.6405, TAKE PROFIT 0.6092, STOP LOSS 0.6420 (revised)
Trade ideas:

EUR/JPY: SELL at 133.55, TAKE PROFIT 131.31, STOP LOSS 134.72

GBP/USD: Possibly SELL

EUR/CHF: Possibly BUY

___________________________________________________________________

*Danske Bank applies trailing stop orders (moved together with the price)

 

[Syazfirul Enterprise]

GBP/CAD: buy target - 2.0600
8 September 2015, 08:26 Comments: 0

By: Dmitriy Chernovolov

GBP/CAD reversed from support zone
Next buy target - 2.0600

GBP/CAD recently reversed up sharply from the combined support area lying between the support level 2.0200 (which also previously reversed the (a)-wave in August), the lower daily Bollinger Band and the 38.2% Fibonacci Correction of the previous sharp upward impulse wave from June. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star Doji (encircled below) – marking the end of the previous minor ABC correction 4.

GBP/CAD is likely to rise further from the current levels inside the active minor impulse wave 5 toward the next buy target at 2.0600. Buy stop-loss can be placed at half the daily ATR below the support level 2.0200.

 

[Syazfirul Enterprise]

AUD/JPY: buy targets - 86.00 and 87.00
10 September 2015, 08:18 Comments: 0

By: Dmitriy Chernovolov

AUD/JPY reversed from strong support level 82.30
Next buy targets - 86.00 and 87.00

AUD/JPY continues to rise strongly – following the earlier sharp upward reversal from the major support level 82.30 (which also previously reversed the sharp downward impulse wave 3 in August, as you can see below). The support zone near the support level 82.30 was strengthened by the lower daily Bollinger Band. The upward reversal from 82.30 completed the (b)-wave of the active minor ABC correction from last month.

With the clear bullish divergence visible on the daily RSI indicator - AUD/JPY can be expected to rise further inside the active (c)-wave toward the next buy targets at the resistance levels – 86.00 and 87.00.

 

[Syazfirul Enterprise]

Danske Bank: trade signals for September 14
14 September 2015, 07:59 Comments: 0

Open positions*:

EUR/USD: Hold SHORT at 1.1315, TAKE PROFIT 1.1087, STOP LOSS 1.1402

USD/JPY: Hold LONG at 120.25, TAKE PROFIT 121.75, STOP LOSS 119.57

USD/CAD: Hold LONG at 1.3185, TAKE PROFIT 1.3467, STOP LOSS 1.3100

NZD/USD: Hold SHORT at 0.6335, TAKE PROFIT 0.6130, STOP LOSS 0.6485

EUR/CHF: Hold LONG at 1.0910, TAKE PROFIT 1.1186, STOP LOSS 1.0869

Trade ideas:

GBP/USD: Look for the opportunities to BUY

USD/CHF: Possibly BUY

AUD/USD: Possibly BUY

EUR/JPY: Look for the opportunities to BUY on the pullbacks

EUR/GBP: BUY lower

EUR/CAD: BUY at 1.4890, TAKE PROFIT 1.5192, STOP LOSS 1.4740

GBP/JPY: BUY on the dips

 

[Syazfirul Enterprise]

Forex trading plan for September 16

15 September 2015, 13:57 Comments: 0

By Elizabeth Belugina

Data released in the United States on Tuesday showed that US retail sales growth has slowed down in August, but the previous figures for July were revised to the upside. Overall, the report provides positive view of the US economy, though it doesn’t offer new hints about whether the Federal Reserve will raise interest rates on Thursday. On Wednesday, pay attention to the US inflation release at 12:30 GMT. In general, volatility should be high ahead of the Fed’s meeting, and many traders will be widely withdrawing their USD exposure. This will create moderate negative pressure on the greenback.

EUR/USD edged down to the 1.1300 area after spiking to 1.1372 on Monday. German and the euro area’s ZEW economic sentiment indexes significantly declined. Support is at 1.1280, 1.1240 and 1.1150. Resistance is at 1.1375 and 1.1436/66.

GBP/USD is fluctuating around 1.5400. The UK will release employment data at 08:30 GMT, forecasts are quite positive. The main support is at 1.5350 (200-day MA) – as long as the pound stays above this line, the bears won’t be able to return to power. Above this line British currency retains growth potential. If UK data don’t disappoint, the pair will be able to rise to 1.5450 and 1.5520 (100- and 55-day MAs).

USD/JPY continued its descent. The Bank of Japan left monetary policy unchanged. Governor Kuroda sounded rather optimistic on the nation’s economic prospects, though many traders thought that the regulator would at least think about expanding monetary stimulus.

AUD/USD met resistance in the 0.7165 area (trend line resistance). Chinese stocks decline. The minutes of the Reserve Bank’s of Australia meeting offered no surprises. Support is at 0.7050 and 0.9600. Further resistance is at 0.7200.

 

[Syazfirul Enterprise]

GBP/JPY: buy target - 190.00

17 September 2015, 08:24 Comments: 0

By: Dmitriy Chernovolov
◦GBP/JPY reversed from support zone
◦Next buy target - 190.00

GBP/JPY recently reversed up from the support zone lying between the support level 185.00 (former low from July, which reversed the A-wave of the previous ABC correction (2), as you can see below) and the 38.2% Fibonacci Correction of the previous upward price impulse from the start of this month. The upward reversal from this support zone continues the active intermediate impulse wave (3) – which belongs to the primary Ⓒ-wave from April.

GBP/JPY is expected to rise further to the next buy target at the round resistance level 190.00. Buy stop-loss can be placed below the aforementioned support level 185.00.

 

[Syazfirul Enterprise]

GBP/JPY: buy target - 190.00
17 September 2015, 08:24 Comments: 0

By: Dmitriy Chernovolov

GBP/JPY reversed from support zone
Next buy target - 190.00

GBP/JPY recently reversed up from the support zone lying between the support level 185.00 (former low from July, which reversed the A-wave of the previous ABC correction (2), as you can see below) and the 38.2% Fibonacci Correction of the previous upward price impulse from the start of this month. The upward reversal from this support zone continues the active intermediate impulse wave (3) – which belongs to the primary Ⓒ-wave from April.

GBP/JPY is expected to rise further to the next buy target at the round resistance level 190.00. Buy stop-loss can be placed below the aforementioned support level 185.00.