Technical Analisis Dari FBS.com

[Syazfirul Enterprise]

Forex trading plan for December 1
30 November 2015, 15:14 Comments: 0

Elizabeth Belugina

Pay attention to the bloc of Chinese data on Tuesday morning – the releases, especially Caixin manufacturing PMI, will be important for the market’s risk sentiment. The forecasts are rather well, though China’s manufacturing sector probably remained in bad shape. During American session watch ISM Manufacturing PMI (forecast is positive): this release is an important gauge of the US economy.

EUR/USD remained under pressure ahead of the European Central Bank’s meeting on Thursday as the regulator will likely expand QE and/or cut the deposit rate. German retail sales and Italian CPI fell both by 0.4% on Monday. German inflation came in line with expectations. At the same time, the recent lows haven’t been confirmed by daily RSI. Traders are cautious waiting for the events of the second part of the week. Support is at 1.9565, 1.0520/00 and 1.0480. Resistance is in the 1.0650 area.

GBP/USD visited levels below 1.5000. Strong support is located in the 1.5000/4980 area. Failure here will lead to a much deeper decline. Resistance is at 1.5050, 1.5100 and 1.5150. The Bank of England will release bank stress tests results and the BOE financial stability report. The regulator may ask commercial banks to increase reserves in case of economic problems. Such step may be viewed as a type of monetary tightening. Governor Mark Carney will speak at 09:00 GMT.

USD/JPY is trying to fix above 123.00. The short-term technical outlook has improved. Next resistance levels are at 123.60 and 124.00. Support is at 122.50 and 122.20. Focus on the market’s risk sentiment and the US data releases.

AUD/USD tested 0.7170, but then turned up to 0.7200. The Reserve Bank of Australia is expected to keep rates unchanged early on Tuesday. However, taking into account the deep decline in commodity prices (in particular, iron ore), the RBA can alter its statement to bit a more dovish one. Supportisat 0.7150. Resistanceliesinthe 0.7240/50 area.

 

[Syazfirul Enterprise]

GBP/AUD: sell target - 2.0400
2 December 2015, 09:35 Comments: 0

By: Dmitriy Chernovolov

GBP/AUD reached sell target 2.0600
Next sell target - 2.0400

GBP/AUD recently fell sharply – after the price broke the pivotal support level 2.0860 (which reversed previous waves (iv), (4) and (A), as you can see below). The breakout of this support level intensified the bearish pressure on this currency pair – accelerating the active impulse waves (v) and 3 (which belong to the intermediate (C)-wave of the primary ABC correction ② from the end of August) toward the support level 2.0600 (previous sell target set for this currency pair).

If the price breaks the support level 2.0600 - GBP/AUD can then fall to the next sell target 2.0400 (target price calculated for the completion of the active impulse waves (v) and 3).

 

[Syazfirul Enterprise]

AUD/JPY: buy target - 92.00
3 December 2015, 12:51 Comments: 0

By: Dmitriy Chernovolov

AUD/JPY broke resistance zone
Next buy target - 92.00

AUD/JPY continues to rise after the recent breakout of the resistance zone lying between the round resistance level 90.00 (former strong support from July) and the 50% Fibonacci Correction of the previous minor impulse wave 1 from May. The breakout of this resistance zone is likely to accelerate the c-wave of the active minor ABC correction 2 from August.

AUD/JPY is expected to rise further in the active waves (c) and 2 toward the next buy target at the next strong resistance level 92.00 (which reversed the price sharply in July and August, as you can see below). Buy stop-loss can be placed at half the daily ATR (Average True Range) below the support level 90.00.

 

[Syazfirul Enterprise]

EUR/USD: forecast for December 7-13
4 December 2015, 15:20 Comments: 0

By Elizabeth Belugina

The meeting of the European Central Bank clearly disappointed the market. After Mario Draghi’s comments in October and November the market was clearly pricing in a big expansion of monetary easing and was positioned bearishly on the single currency. The ECB, however, delivered too little. There was a squeeze in EUR shorts and the currency soared.

​

 

[Syazfirul Enterprise]

USD/JPY: forecast for December 7-13
4 December 2015, 15:23 Comments: 0

By Elizabeth Belugina

USD/JPY spent most of the week consolidating in the 123.60/122.20 area.

Next week the most important day in Japan’s economic calendar will be Tuesday: the nation will release current account and final Q3 GDP figures. There will also be a speech of the Bank of Japan’s Governor Kuroda, though the central bank is unlikely to deviate from its current approach of keeping the amount of monetary stimulus unchanged.

The main driver of USD/JPY will continue to be the US dollar and the news from America. Here the main releases will be on Friday (retail sales, PPI). US employment left the door open for the Federal Reserve’s rate hike on December 16. The Fed’s Chair Janet Yellen warned against waiting to raise rates. At the same time, we expect that the US central bank will try to make rate increases as gentle as possible, so the main scenario is that the US dollar won’t have enough strength to continue its ascent against Japanese currency. In the 124.00 area and higher we will likely see Japanese companies selling US dollars. The pair has support at 121.50. A decline below this level will open the way down to 120.00. Still, for the longer term the uptrend support above 119.00 should remain in place taking into account the divergence in policy of the US and Japanese central banks.

Another thing, which will have an impact on USD/JPY fluctuations, in the coming week is the market’s risk sentiment. Watch Chinese trade data on Tuesday and inflation figures on Wednesday. Weaker readings will affect the pair, while better readings will be positive.

 

[Syazfirul Enterprise]

EUR/USD: weekly wave analysis
7 December 2015, 12:37 Comments: 0

Daily. Last week the pair has completely finished descending wave [c] of X, which is an impulse of good shape. At the moment the pair is forming new upward part of the long corrective wave (4). We see the bullish zigzag Z.

H4. This week we expect the price to go a bit higher in the impulse [a], after which the pair will start small downward correction . The approximate scheme of the future move is shown at the chart.

 

[Syazfirul Enterprise]

Forex trading plan for December 9
8 December 2015, 14:09 Comments: 0

EUR/USD is trading in the 1.0880/00 area. German industrial production rose less than expected, and the euro area’s Sentix investor confidence index missed expectations as well. Still, there are no market moving news from either the euro area or the United States that will give traders new food for thoughts for traders. The same will be on Wednesday. Resistance is at 1.0900, 1.0985 (55-day MA) and 1.1030/50. Support is at 1.0795 (Monday low) and 1.0760 (November 19 high).

GBP/USD slid below 1.5000. British manufacturing production contracted by 0.4% in October. Support is at 1.4950, 1.4888 and 1.4850. Resistance is at 1.5030, 1.5100 and 1.5150.

USD/JPY fell to 123.00. Japanese Q3 GDP was revised to the upside. This together with the market’s risk aversion gave the yen the reason to strengthen. Levels of 120.50/20 are now in focus. Resistance is at 123.60.

AUD/USD dipped to 0.7200 breaking the short-term uptrend to the downside. Chinese trade data came out weak. China will release inflation figures on Wednesday morning. AUD/USD erased 50% of the advance from November lows. Next support is at 0.7155. Aussie’s divergence with the fallen iron ore is starting to influence the pair. Resistance is at 0.7250 and 0.7280.

The Reserve Bank of New Zealand will meet late on Wednesday (08:00 GMT). Manufacturing activity data released on Monday surprised to the upside, but the market is expecting the RBNZ to cut the benchmark rate by 25 bps. Among the arguments for such scenario are low commodity prices, mixed state of New Zealand’s economy and the sense that the upcoming increase in the Federal Reserve’s rate is already priced in USD rate. Support is at 0.6575 and 0.6515/00. If the RBNZ follows Australian and Canadian central banks and leaves rate unchanged, NZD/USD can jump to 0.6680 and 0.6750. It will be also important what the RBNZ signals about the further changes in the interest rate.

 

[Syazfirul Enterprise]

​

 

[Syazfirul Enterprise]

AUD/NZD: Likely to fall to 1.0500
15 December 2015, 10:42 Comments: 0

By: Dmitriy Chernovolov

AUD/NZD falling inside impulse waves (3) and ③
Likely to fall to 1.0500

AUD/NZD has been falling sharply in the last 2 weeks inside the active primary impulse wave ③. This impulse wave started in November – when the previous primary ABC correction ② was stopped by the resistance zone lying between the resistance level 1.1100, the upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward impulse wave ① from August.

AUD/NZD is likely to continue to fall in the active impulse waves (3) and ③ toward the next sell target at the pivotal support level 1.0500 (which stopped the previous impulse wave ① in October).

​

 

[Syazfirul Enterprise]

​

Ingin mengetahui analisis dan juga berita terkini untuk dagangan anda hari ini.Kunjungilah FxBazooka.com dan anda akan memperolehi pelbagai maklumat yang terkini tentang dunia forex anda hari ini.