Technical analysis on EU,GU and majors - Page 55 - Forex Forum - EarnForex
Forex Forum - EarnForex
Serving Traders Since 2005
 

Go Back   Forex Forum - EarnForex > Forex Discussions > Technical Analysis

Technical Analysis Provide and discuss the technical analysis of the Forex market.

Reply
 
LinkBack Thread Tools Display Modes
  #541 (permalink)  
Old 16th December 2011, 20:33
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default GBP/USD Intraday Technical analysis 2011-12-16


The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5560 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5560 with a 1st objective of 1.5620, then 1.5650. A break in 1.5540 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #542 (permalink)  
Old 20th December 2011, 04:17
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default EUR/USD Intraday Technical analysis 2011-12-19


The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.3060 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.3320.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3060 with a 1st objective of 1.3120, then 1.3150. A break in 1.3040 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #543 (permalink)  
Old 20th December 2011, 04:19
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default GBP/USD Intraday Technical analysis 2011-12-19


The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5560 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5560 with a 1st objective of 1.5620, then 1.5650. A break in 1.5540 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #544 (permalink)  
Old 20th December 2011, 17:05
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default EUR/USD Intraday Technical analysis 2011-12-20


The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.3050 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.3290.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3050 with a 1st objective of 1.3120, then 1.3150. A break in 1.3030 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #545 (permalink)  
Old 20th December 2011, 17:07
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default GBP/USD Intraday Technical analysis 2011-12-20


The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.5540 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.5590.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5540 with a 1st objective of 1.5590, then 1.5620. A break in 1.5520 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #546 (permalink)  
Old 21st December 2011, 19:24
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default EUR/USD Intraday Technical analysis 2011-12-21


The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.3130 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.3270.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3130 with a 1st objective of 1.3190, then 1.3230. A break in 1.3110 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #547 (permalink)  
Old 21st December 2011, 19:26
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default GBP/USD Intraday Technical analysis 2011-12-21


The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5705 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5705 with a 1st objective of 1.5770, then 1.5790. A break in 1.5690 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #548 (permalink)  
Old 22nd December 2011, 19:56
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default EUR/USD Intraday Technical analysis 2011-12-22


The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5770 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5770 with a 1st objective of 1.5850, then 1.5870. A break in 1.5750 would invalidate this scenario.

Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #549 (permalink)  
Old 22nd December 2011, 19:58
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default EUR/USD Intraday Technical analysis 2011-12-22


The spot rate broke the intermediate resistance of its medium term bearish channel in 1.3010 leading to an acceleration. A pull back on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1.3010 with a 1st objective of 1.3070, then 1.3090. A break in 1.2990 would invalidate this scenario.


Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
  #550 (permalink)  
Old 23rd December 2011, 19:18
bhanu545's Avatar
Senior Member
 
Join Date: Nov 2010
Posts: 1,461
Thanks: 0
Thanked 2 Times in 2 Posts
Default EUR/USD Intraday Technical analysis 2011-12-23


The spot rate broke the intermediate resistance of its medium term bearish channel in 1.3005 leading to an acceleration. A pull back on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1.3005 with a 1st objective of 1.3070, then 1.3090. A break in 1.2980 would invalidate this scenario.


Performed by Albert Fitoussi, Analytical expert
InstaForex Companies Group © 2007-2011
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 4 (1 members and 3 guests)
bhanu545
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Short Term Technical Analysis for Majors (13:45 GMT) WindsorBrokers Technical Analysis 0 23rd June 2010 14:00
Short Term Technical Analysis for Majors (07:30 GMT) WindsorBrokers Technical Analysis 0 23rd June 2010 08:02
Short Term Technical Analysis for Majors (14:00 GMT) WindsorBrokers Technical Analysis 0 22nd June 2010 14:21
Technical Analysis on Majors alessio09 Technical Analysis 1 21st July 2009 06:58
Latest Technical Analysis on Majors FEUA Technical Analysis 0 9th July 2009 08:23


All times are GMT. The time now is 18:15.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2013, vBulletin Solutions, Inc.
Inactive Reminders By Icora Web Design

SEO by vBSEO 3.3.2