Daily Technical Analysis

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Daily Technical Analysis by FXCC - 12/10/2011

Euro vs. US Dollar (EURUSD):general trend is to the upside. Break below (1.35554) may trigger further fall of the EURUSD. Going above nearest support level at (1.37483), however, would confirm continuation of the bullish trend, towards next objective upwards (1.38667). We will be looking to buy EURUSD upon any price retracement.



R1: 1.36838| R2: 1.37483 | R3: 1.38127 | R4: 1.38667 | R5: 1.39311
S1: 1.35965 | S2: 1.35245 | S3: 1.34575 | S4: 1.33931 | S5: 1.33391

Great Britain Pound vs. US Dollar (GBPUSD):We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.56032) zones. A proper confirmation would occur if the GBPUSD will manage to overcome the (1.56384) resistance. Look for long positions for today`s trading session.



R1: 1.56384| R2: 1.56889 | R3: 1.57956 | R4: 1.58456 | R5: 1.58956
S1: 1.55112| S2: 1.54488 | S3: 1.53950 | S4: 1.53406 | S5: 1.52906


US Dollar vs. Japanese Yen USDJPY (USDJPY):Overall the direction remains unclear and price is moving in (77.009 - 76.462) range area, the instrument has a 50 – 50 chance of a recovery above (77.009) or a fall towards (76.462) in the coming session. We should wait for the victory of either team players (Bulls or Bears).



R1: 76.974 | R2: 77.274 | R3: 77.574 | R4: 77.874 | R5: 78.174
S1: 76.335 | S2: 76.035 | S3: 75.735 | S4: 75.435 | S5: 75.135

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC - October 13 2011

 

Euro vs. US Dollar (EURUSD):We expect a bullish overall direction for today. That requires the base to build on (1.37350); targeting (1.38337) then (1.38875). A break under (1.35725) support area will extend losses to (1.35245). Look for long positions for today`s trading session.

 

 

R1: 1.38337| R2: 1.38875 | R3: 1.39862 | R4: 1.41387 | R5: 1.42374

S1: 1.37350 | S2: 1.36838 | S3: 1.36363 | S4: 1.35825 | S5: 1.35245

 

Great Britain Pound vs. US Dollar (GBPUSD):We believe that possible bullishness could be seen during this trading session. Support is at (1.55325). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish. You may try to buy from (1.56958), (1.56243), and (1.55425) with a stop loss below (1.55325).

 

 

R1: 1.58491| R2: 1.59513 | R3: 1.61046 | R4: 1.62068 | R5: 1.63601

S1: 1.56958| S2: 1.56243 | S3: 1.55425 | S4: 1.54841 | S5: 1.54199

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY):We see high chances of the pair move up gradually towards (78.179 – 78.873). A proper confirmation would occur if the USDJPY will manage to overcome the (77.699) resistance over today`s trading session. Long positions are favored for today.

 

 

R1: 77.699 | R2: 78.179 | R3: 78.873 | R4: 79.353 | R5: 80.047

S1: 76.909 | S2: 76.562 | S3: 75.831 | S4: 75.351 | S5: 74.657

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC October 14 2011

 

Euro vs. US Dollar (EURUSD):We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.36751) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.38261) resistance. We will try to buy EURUSD from our mentioned support levels.

 

 

R1: 1.38261| R2: 1.39030 | R3: 1.39799 | R4: 1.40440 | R5: 1.41209

S1: 1.36982 | S2: 1.36210 | S3: 1.35654 | S4: 1.35245 | S5: 1.34800

Great Britain Pound vs. US Dollar (GBPUSD):We prefer upside scenario at this phase.Since bias is bullish in nearest term targeting (1.60469). Another move back below (1.56557) could lead us to neutral zone.You may try to buy from (1.56896), (1.56243), and (1.55705) with a stop loss below (1.56557).

 

 

R1: 1.58563| R2: 1.59278 | R3: 1.60469 | R4: 1.60969 | R5: 1.61469

S1: 1.56896| S2: 1.56243 | S3: 1.55705 | S4: 1.54990 | S5: 1.53950

 

US Dollar vs. Japanese Yen USDJPY (USDJPY):We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (76.574) zones. A proper confirmation would occur if the USDJPY will manage to overcome the (77.215) resistance. You may try to buy from (76.562), (75.983), and (75.683) with a stop loss below (76.574).

 

 

R1: 77.215 | R2: 77.560 | R3: 78.176 | R4: 78.476 | R5: 78.776

S1: 76.562 | S2: 75.983 | S3: 75.683 | S4: 75.383 | S5: 75.083

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC 20 Oct 2011

 

Euro vs US Dollar EURUSD general trend is to the upside.

Break below (1.37150) may trigger further fall of the EURUSD. Going above nearest support level at (1.38427), however, would confirm continuation of the bullish trend, towards next objective upwards (1.39869).

We will be looking to buy EURUSD upon any price retracement.

 

 

R1: 1.37996 | R2: 1.38427 | R3: 1.38940 | R4: 1.39869 | R5: 1.40722

S1: 1.36985 | S2: 1.36525 | S3: 1.35825 | S4: 1.34954 | S5: 1.34554

 

 

Great Britian Pound vs US Dollar Currently, further bullish actions could be seen on GBPUSD.

A break below (1.56215) could be a threat to the bullish scenario targeting (1.55429) even (1.54662).

On upside. Immediate resistance is at (1.58477). A close above that area should keep the major bullish scenario intact testing (1.60013) area.

Buy on depth for today with a stop loss below (1.56215).

 

 

R1: 1.58477 | R2: 1.59246 | R3: 1.60013 | R4: 1.60774 | R5: 1.61541

S1: 1.57217 | S2: 1.56657 | S3: 1.56132 | S4: 1.55429 | S5: 1.54662

 

 

US Dollar vs Japanise Yen Overall the direction remains unclear and price is moving in (77.553 - 76.574) range area, the instrument has a 50 – 50 chance of a recovery above (77.553) or a fall towards (76.574) in the coming session.

We should wait for the victory of either team players (Bulls or Bears).

 

 

R1: 77.185| R2: 77.485 | R3: 77.785 | R4: 78.085 | R5: 78.385

S1: 76.485 | S2: 76.185 | S3: 75.885 | S4: 75.585 | S5: 75.285

 

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC - October 21 2011

 

Euro vs. US Dollar (EURUSD):We see better value in long positions. If the price will advance above the first resistance at (1.38261), this would confirm continuation of the bullish trend, towards next objective upwards (1.36851) then (1.36179) and (1.34875) will follow. Try to buy on depth with a stop loss below (1.36462).

 

 

R1: 1.38261| R2: 1.38692 | R3: 1.39143 | R4: 1.40485 | R5: 1.41329

S1: 1.37313 | S2: 1.36851 | S3: 1.36179 | S4: 1.35719 | S5: 1.34875

 

Great Britain Pound vs. US Dollar (GBPUSD):We prefer upside scenario at this phase. Since bias is bullish in nearest term targeting (1.60782). Another move back below (1.56713) could lead us to neutral zone. Buy on depth for today with a stop loss below (1.56713).

 

 

R1: 1.58477| R2: 1.59560 | R3: 1.60782 | R4: 1.61282 | R5: 1.61782

S1: 1.57306| S2: 1.56657 | S3: 1.56132 | S4: 1.55425 | S5: 1.54925

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY):The USDJPY still trapped in range area of (77.553– 76.574). A break in either direction will determine the trading bias in today`s session. Break below (76.574) could trigger further bearish pressure targeting (75.432), while break above (77.553) could trigger further bullish advances testing (78.280). We should wait for a clearer outlook on USDJPY.

 

 

R1: 77.215 | R2: 77.680 | R3: 77.980 | R4: 78.280 | R5: 78.580

S1: 76.444 | S2: 76.032 | S3: 75.732 | S4: 75.432 | S5: 75.132

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC October 24

 

Euro vs. US Dollar (EURUSD):The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.36939). If this support level is broken to the downside, the outlook will deteriorate. Our bias is on buying EURUSD with a stop loss under (1.36939) for today.

 

 

R1: 1.38940| R2: 1.39394 | R3: 1.40021 | R4: 1.41102 | R5: 1.41729

S1: 1.38174 | S2: 1.37686 | S3: 1.37250 | S4: 1.36730 | S5: 1.35978

 

 

Great Britain Pound vs. US Dollar (GBPUSD):We expect a bullish overall direction for today. That requires the base to build on (1.57740); targeting (1.60019) then (1.60574). A break under (1.57436) support area will extend losses to (1.55358). Buy on depth for today with a stop loss below (1.57436).

 

 

R1: 1.60019| R2: 1.60574 | R3: 1.61323 | R4: 1.61823 | R5: 1.62323

S1: 1.57740| S2: 1.57217 | S3: 1.56662 | S4: 1.56107 | S5: 1.55358

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY):We see high chances of the pair move down gradually towards (76.219 – 75.892). A proper confirmation would occur if the USDJPY will manage to close below the (76.519) support over today`s trading session. Look for short positions for current trading session.

 

 

R1: 77.453 | R2: 77.773 | R3: 78.100 | R4: 78.400 | R5: 78.727

S1: 76.519 | S2: 76.219 | S3: 75.892 | S4: 75.592 | S5: 75.292

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC October 25

 

Euro vs. US Dollar (EURUSD):We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.38115) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.39818) resistance. Try to buy on depth with a stop loss below (1.38115).

 

 

R1: 1.39818| R2: 1.40368 | R3: 1.41169 | R4: 1.41719 | R5: 1.42520

S1: 1.38692 | S2: 1.38271 | S3: 1.37828 | S4: 1.37313 | S5: 1.36730

 

Great Britain Pound vs. US Dollar (GBPUSD):We expect a bullish overall direction for today. That requires the base to build on (1.59270); targeting (1.60754) then (1.61428). A break under (1.58900) support area will extend losses to (1.56923). Our bias is on buying GBPUSD with a stop loss under (1.58900) for today.

 

 

 

R1: 1.60754| R2: 1.61428 | R3: 1.62507 | R4: 1.63007 | R5: 1.63507

S1: 1.59270| S2: 1.58596 | S3: 1.58035 | S4: 1.57517 | S5: 1.56923

 

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY):We expect a bearish overall direction for today. as far as (76.584) remains intact; targeting (75.690) then (75.193). A close above (76.584) resistance area will extend gains to (77.982). You may try to sell from (76.484), (76.885), and (77.382) with a stop loss above (76.584).

 

 

R1: 76.484 | R2: 76.885 | R3: 77.382 | R4: 77.682 | R5: 77.982

S1: 75.690 | S2: 75.193 | S3: 74.893 | S4: 74.593 | S5: 74.293

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC October 27

 

Euro vs. US Dollar (EURUSD): We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.38811) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.39539) resistance. Look for long positions for current trading session.

 

 

R1: 1.39539 | R2: 1.40698 | R3: 1.41642 | R4: 1.42474 | R5: 1.43418

S1: 1.38432 | S2: 1.37879 | S3: 1.37313 | S4: 1.36730 | S5: 1.36314

 

 

Great Britain Pound vs. US Dollar (GBPUSD): We expect a bullish overall direction for today. That requires the base to build on (1.59000); targeting (1.60389) then (1.61190). A break under (1.58805) support area will extend losses to (1.56645). Look for long positions for today`s trading session.

 

 

R1: 1.60389 | R2: 1.61190 | R3: 1.61959 | R4: 1.62705 | R5: 1.63474

S1: 1.59000 | S2: 1.58478 | S3: 1.57840 | S4: 1.57306 | S5: 1.56645

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): We see high chances of the pair move down gradually towards (75.461 – 74.851). A proper confirmation would occur if the USDJPY will manage to close below the (75.819) support over today`s trading session. Try to sell on rallies with a stop loss above (76.422).

 

 

R1: 76.484 | R2: 77.039 | R3: 77.453 | R4: 77.753 | R5: 78.053

S1: 75.819 | S2: 75.461 | S3: 74.851 | S4: 74.551 | S5: 74.251

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC October 28

 

Euro vs. US Dollar (EURUSD): We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.38811) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.39818) resistance. We will be looking to buy EURUSD upon any price retracement.

 

 

R1: 1.39818 | R2: 1.40368 | R3: 1.41169 | R4: 1.41719 | R5: 1.42473

S1: 1.38692 | S2: 1.38215 | S3: 1.37666 | S4: 1.37250 | S5: 1.36730

 

Great Britain Pound vs. US Dollar (GBPUSD): We expect a bullish overall direction for today. That requires the base to build on (1.59000); targeting (1.61959) then (1.62705). A break under (1.59682) support area will extend losses to (1.56315). Look for long positions for today`s trading session.

 

 

R1: 1.61959 | R2: 1.62705 | R3: 1.63474 | R4: 1.63974 | R5: 1.64474

S1: 1.59000 | S2: 1.58478 | S3: 1.57838 | S4: 1.56923 | S5: 1.56315

 

 

US Dollar vs. Japanese Yen USDJPY (USDJPY): USDJPY maintains a bid tone for now. Break above (76.422) may trigger further recovery of the USDJPY. Going bellow latest swing low at (75.735), however, would confirm continuation of the bearish trend, towards next objective downwards (74.794). Shorting USDJPY is advisable for today.

 

 

R1: 76.300 | R2: 76.684 | R3: 77.181 | R4: 77.481 | R5: 77.781

S1: 75.735 | S2: 75.394 | S3: 75.094 | S4: 74.794 | S5: 74.494

 

Source: FX Central Clearing Ltd. (FXCC)

[alayoua]

Daily Technical Analysis by FXCC October 31

 

Euro vs US Dollar The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.41234).

If this support level is broken to the downside, the outlook will deteriorate.

You may try to buy from (1.40904), (1.40473), and (1.39802) with a stop loss below (1.41234).

 

 

R1: 1.41815 | R2: 1.42246 | R3: 1.42917 | R4: 1.43317 | R5: 1.43717

S1: 1.40904 | S2:1.40473 | S3: 1.39802 | S4: 1.38911 | S5: 1.38215

 

 

Great Britian Pound vs US Dollar We expect a bullish overall direction for today.

That requires the base to build on (1.60420); targeting (1.61954) then (1.62765).

A break under (1.60610) support area will extend losses to (1.57740).

Long positions are favored for today.

 

 

R1: 1.61954 | R2: 1.62765 | R3: 1.63265 | R4: 1.63765 | R5: 1.64265

S1: 1.60420 | S2:1.59782 | S3: 1.59143 | S4: 1.58245 | S5: 1.57740

 

 

US Dollar vs Japanise Yen We see high chances of the pair move down gradually towards (75.009 – 74.709).

A proper confirmation would occur if the USDJPY will manage to close below the (75.309) support over today`s trading session.

Look for short positions for current trading session.

 

 

R1: 75.965 | R2: 76.293 | R3: 76.621 | R4: 76.921 | R5: 77.221

S1: 75.309 | S2:75.009 | S3: 74.709 | S4: 74.409 | S5: 74.109

 

Source: FX Central Clearing Ltd. (FXCC)