Forex Semanal nº3

[TayOO]

June 24  05:30 GMT  JPN  Nationwide Dept. Sales (YoY) (MAY) 
June 24  06:30 GMT  DEU  BBK Construction Orders (MoM) (YoY) (MAY) 
June 24  06:45 GMT  FRA  Wages (QoQ) (1Q F) 
June 24  08:00 GMT  ITA  Hourly Wages (QoQ) (YoY) (MAY) 
June 24  11:00 GMT  CAN  ! Consumer Price Index (MoM) (YoY) (MAY) 
June 24  11:00 GMT  CAN  CPI Excluding Core 8 (MoM) (YoY) (MAY) 
June 24  12:30 GMT  USA  Durables Excluding Transportation (MAY) 
June 24  12:30 GMT  USA  ! Durable Goods Orders (MAY) 
June 24  13:00 GMT  EMU  ECB President Trichet Speaks - Mannheim Forum 
June 24  14:00 GMT  USA  New Home Sales (MAY) 

[TayOO]

 

[TayOO]

 

[TayOO]

Daily Trading Strategy

EUR/USD

Action: Sell AT: 1.2050
Stop/Reverse: 1.2100 Target: 1.1960


Support: 1.2030, 1.1980, 1.1950
Resistance: 1.2060, 1.2100, 1.2160


GBP/USD

Action: Sell AT: 1.8180
Stop/Reverse: 1.8220 Target: 1.8080


Support: 1.8130, 1.8060,1.8050
Resistance: 1.8170, 1.8200, 1.8250


USD/JPY

Action: Buy Dollar  AT: 108.80
Stop/Reverse: 108.40 Target: 109.40


Support: 108.80, 108.60, 108.40
Resistance: 109.10, 109.50, 109.90


USD/CHF

Action: Buy Dollar At: 1.2760
Stop/Reverse: 1.2710 Target: 1.2740


Support: 1.2750, 1.2700, 1.2660
Resistance: 1.2790, 1.2840, 1.2880

[hellkas]

Bom dia a todos   


EUR/USD
Market continued its downside pressure but was capped at the 1.2015 level again and a double bottom is possible on intraday charts. Intraday studies are negative but close to oversold levels and daily studies are threatening to turn negative as well. A break below 1.2015 would see further weakness. Another failure at 1.2015 would see a retest of the 1.2150 level. Look to enter long at market, with tight stop and reverse on a clean break below 1.2015.

Supports: 1.2025-1.2015-1.1970-1.1950-1.1910
Resistances: 1.2100-1.2150-1.2205-1.2240-1.2295-1.2340
Market direction: Neutral - Bearish
Today's projected high/low: 1.2145/1.2015
Weekly pivot supports: 1.2525-1.1990
Weekly pivot resistances: 1.3208-1.3457
Conservative recommendation: Long at market (1.2025), SL 1,1995, target 1,2150. Reverse and short at 1.1995, SL 1.2030, target 1.1920
Aggressive recommendation: Long at market (1.2025), SL 1,1995, target 1,2150. Reverse and short at 1.1995, SL 1.2030, target 1.1920



USD/JPY
The upside remains limited to 109.05 and market failed again there. Intraday studies are heading lower and another test of the 108.45 is expected however the lack of follow through on the downside is becoming a growing concern. A break below 108.45 is needed to see further downside towards 108.20 & 107.70. Daily studies are negative for the pair. Aggressive traders look to re-establish short at 109.00, SL 109.30. We stand aside.

Supports: 108.40-108.20-107.30-106.50-106.30
Resistances: 109.20-109.60-109.70-109.85-110.25-111.50
Market direction: Neutral - Bearish
Today's projected high/low: 109.50-107.30
Weekly pivot supports: 105.15-104.67
Weekly pivot resistances: 109.55-108.90
Conservative recommendation: Stand aside
Aggressive recommendation: Short at 109.00, SL 109.30, target 108.45 first



GBP/USD
Market reached 1.8135 and moved higher from there. Intraday studies are oversold and some corrective upside is expected to follow shortly. Daly studies are on the hedge to turn negative and the downside pressure should resume shortly, towards the previous low at 1.8000. Stand aside for now.

Supports: 1.8135-1.8040-1.7990-1.7980-1.7920
Resistances: 1.8235-1.8290-1.8380-1.8410-1.8480-1.8515
Market direction: Neutral - Bearish
Today's projected high/low: 1.8240-1.8100
Weekly pivot supports: 1.8506-1.8314
Weekly pivot resistances: 1.9046-1.9394
Conservative recommendation: Stand aside
Aggressive recommendation: Stand aside



USD/CHF
No follow through was seen following the break of the 1.2800 level and market has been consolidating there since. Intraday studies are overbought and some corrective pullback is expected before further upside is seen targeting 1.2865. The pullback should be limited to 1.2760 and we will look to enter long there as daily studies are turning positive.

Supports: 1.2750-1.2660-1.2630-1.2590-1.2555-1.2510
Resistances: 1.2815-1.2870-1.2980-1.3090-1.3105
Market direction: Neutral - Bullish
Today's projected high/low: 1.2865-1.2760
Weekly pivot supports: 1.1749-1.1500
Weekly pivot resistances: 1.2139-1.2280
Conservative recommendation: Long 1.2765, SL 1.2725, target 1.2865
Aggressive recommendation: Long 1.2765, SL 1.2725, target 1.2865



AUD/USD
Market continued its downside and reached 0.7685 before bouncing higher. Intraday studies are oversold and some correction is expected towards 0.7730. Today's sharp fall turned the daily studies negative and the downside pressure should resume with 0.7645 & 0.7585 as targets. Look to enter short at 0.7730.

Supports: 0.7685-0.7650-0.7585-0.7530-0.7490
Resistances: 0.7810-0.7845-0.7930-0.7960
Market direction: Bearish
Today's projected high/low: 0.7775-0.7610
Weekly pivot supports: 0.7730-0.7546
Weekly pivot resistances: 0.7872-0.8026
Conservative recommendation: Short 0.7730, SL 0.7775, target 0.7610
Aggressive recommendation: Short 0.7730, SL 0.7775, target 0.7610



USD/CAD
Pair was capped by the 1.2300 support again, and reached 1.2350 so far. Overall there is no change in view market is still trading sideways between 1.2300 & 1.2430. A triangle pattern is now seen on intraday studies between 1.2360 & 1.2300. Intraday studies are slightly negative for the pair. Daily studies are negative, but given the tight range seen lately, studies are of no help while between the triangle. On the downside, a break below 1.2300 would see another test of the 1.2275. A break there would see further downside towards 1.2225 & 1.2205. On the upside, a break above 1.2360 would target 1.2430. We stand aside.

Supports: 1.2300-1.2280-1.2260-1.2220-1.2175-1.2155
Resistances: 1.2390-1.2425-1.2590-1.2630-1.2695
Market direction: Neutral
Today's projected high/low: 1.2390-1.2220
Weekly pivot supports: 1.2048-1.1911
Weekly pivot resistances: 1.2390-1.2540
Conservative recommendation: Stand aside
Aggressive recommendation: Stand aside




Bons trades para todos e óptimo S. Joao   

[TayOO]

 

[TayOO]

Dynamic Pivots


EUR/USD GBP/USD USD/CHF

Average True Range High Band
1.2156 1.8291 1.2857
Matsys Resistance
1.2112 1.8246 1.2806
Pivot Point
1.2088 1.8210 1.2746
Matsys Support
1.2021 1.8156 1.2701
Average True Range Low Band
1.1988 1.8102 1.2656


By fxwintrades.com