Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Daily Technical by AAATrade
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="AAATrade, post: 95626, member: 36114"] Technical Analysis for 19/01/2016 *All the charts are 30M charts with daily pivot points. [B][U]AUD/USD [IMG]http://i64.tinypic.com/23kx3m0.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 0.6876 with targets @ 0.6912 & 0.6964 [B]Market Scenario 2: [/B]Short positions below 0.6876 with targets @ 0.6824 & 0.6788 [B]Comment: [/B]Having reached its lowest level of 0.6825 during Friday’s session, Aussie managed to recover some of the losses against the US Dollar on Monday’s session. Today the pair is trading positively close to the first Resistance Level. [B]Supports and Resistances:[/B] R3 0.7000 R2 0.6964 R1 0.6912 PP 0.6876 S1 0.6824 S2 0.6788 S3 0.6736 [B][U] EUR/JPY [IMG]http://i67.tinypic.com/2uo6lg2.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 127.70 with targets @ 128.06 & 128.30 [B]Market Scenario 2: [/B]Short positions below 127.70 with targets @ 127.46 & 127.10 [B]Comment: [/B]European currency has been trading in the range between R3 and S3 against Japanese Yen for 10 sessions in the row. Range Bound strategy can be applied. [B]Supports and Resistances:[/B] R3 128.66 R2 128.30 R1 128.06 PP 127.70 S1 127.46 S2 127.10 S3 126.86 [B][U]EUR/USD [IMG]http://i66.tinypic.com/f4mi6v.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 1.0896 with targets @ 1.0924 & 1.0955 [B]Market Scenario 2: [/B]Short positions below 1.0896 with targets @ 1.0865 & 1.0837 [B]Comment: [/B]European currency during Monday’s session was trading under pressure closing the day with 30 pips loss. Today the pair continues its downward move having broken through the Pivot Point level and testing the First Resistance level. [B]Supports and Resistances:[/B] R3 1.0983 R2 1.0955 R1 1.0924 PP 1.0896 S1 1.0865 S2 1.0837 S3 1.0806 [B][U] GBP/JPY [IMG]http://i65.tinypic.com/29ncyus.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 167.20 with targets @ 168.03 & 168.97 [B]Market Scenario 2: [/B]Short positions below 167.20 with targets @ 166.26 & 165.43 [B]Comment: [/B]Having reached its lowest level against Japanese Yen at 166.19 during Friday’s session Sterling found support and has been trading positively during Monday’s session. Today the pair continues its upward move having broken through the First resistance level and aiming to test the Second one. [B]Supports and Resistances:[/B] R3 169.80 R2 168.97 R1 168.03 PP 167.20 S1 166.26 S2 165.43 S3 164.49 [B][U]GBP/USD [IMG]http://i67.tinypic.com/2nlb988.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 1.4266 with targets @ 1.4297 & 1.4353 [B]Market Scenario 2: [/B]Short positions below 1.4266 with targets @ 1.4210 & 1.4179 [B]Comment: [/B][COLOR=#333333]Sterling during yesterday’s session reached its lowest level against US Dollar at 1.4235 the lowest level since May 2010. Today sterling is trading with positive bias above and has already broken through the First Resistance level. [/COLOR] [B]Supports and Resistances:[/B] R3 1.4384 R2 1.4353 R1 1.4297 PP 1.4266 S1 1.4210 S2 1.4179 S3 1.4123 [B][U] USD/JPY [IMG]http://i67.tinypic.com/i3w3kp.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 117.16 with targets @ 117.59 & 117.87 [B]Market Scenario 2: [/B]Short positions below 117.16 with targets @ 116.88 & 116.45 [B]Comment:[/B][COLOR=#333333] US Dollar has been trading very positively since the beginning of the week against Japanese Yen closing yesterday’s session with 60 pips profit. Today the pair has already overcome the distance of 50 pips and trades close to the Second Resistance level. [/COLOR] [B]Supports and Resistances:[/B] R3 118.30 R2 117.87 R1 117.59 PP 117.16 S1 116.88 S2 116.45 S3 116.17 [B][U]GOLD [IMG]http://i63.tinypic.com/1z1e5nm.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 1089.84 with targets @ 1092.39 & 1095.70 [B]Market Scenario 2: [/B]Short positions below 1089.84 with targets @ 1086.53 & 1083.98 [B]Comment: [/B]Gold has been trading flat during yesterday’s session amid public holiday’s in America and low liquidity. Today bullion is trading with positive bias above Pivot Point Level. [B]Supports and Resistances:[/B] R3 1101.56 R2 1095.70 R1 1092.39 PP 1089.84 S1 1086.53 S2 1083.98 S3 1078.12 [B][U] CRUDE OIL [IMG]http://i66.tinypic.com/2pyb7s3.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 31.07 with targets @ 31.87 & 32.56 [B]Market Scenario 2: [/B]Short positions below 31.07 with targets @ 30.38 & 29.58 [B]Comment:[/B] Crude oil amid the easing of Sanctions on Iran and promises of the latter to significantly increase oil output in the nearest and longer term, dropped to its lowest level at 28.95 during yesterday’s session. Today crude is trading positively, however, further depreciation of Oil price might take place before an emergency meeting in March 2016 [B]Supports and Resistances:[/B] R3 34.05 R2 32.56 R1 31.87 PP 31.07 S1 30.38 S2 29.58 S3 28.09 [B][U] USD/RUB [IMG]http://i68.tinypic.com/2hdaeiu.png[/IMG] [/U] Market Scenario 1: [/B]Long positions above 77.42 with targets @ 79.11 & 80.09 [B]Market Scenario 2: [/B]Short positions below 77.42 with targets @ 76.44 & 74.75 [B]Comment: [/B]US Dollar opened Monday’s session with 2 rubbles gap at 77.82, thereby recording a new high. Today the pair amid slightly increased prices of Crude oil edged lower however, still trading above Pivot Point level. [B]Supports and Resistances:[/B] R3 82.76 R2 80.09 R1 79.11 PP 77.42 S1 76.44 S2 74.75 S3 72.08 [I]The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.[/I] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…