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![]() | Daily Technical Analysis by FXCC Euro vs. US Dollar (EURUSD): We see better value in short positions. If the price will go below the first support at (1.29883), this would confirm continuation of the bearish trend, towards next objective downwards (1.29454) then (1.28094) and (1.27448) will follow. Shorting EURUSD is advisable for today. ![]() R1: 1.30896| R2: 1.31542| R3: 1.31974| R4: 1.32620| R5: 1.33266 S1: 1.29883| S2: 1.29454| S3: 1.28094| S4: 1.27448| S5: 1.27048 Great Britain Pound vs. US Dollar (GBPUSD): We see high chances of the pair move in a range between (1.57839 – 1.54830). A proper move above (1.57839) confirms a probable rally towards (1.59506). However, if GBPUSD manage to close below (1.54830) will support a call for bid tone. Look for a close above/below either barrier. ![]() R1: 1.57477| R2: 1.58241| R3: 1.58742| R4: 1.59506| R5: 1.60007 S1: 1.56212| S2: 1.55711| S3: 1.54947| S4: 1.54446| S5: 1.53946 US Dollar vs. Japanese Yen USDJPY (USDJPY): The USDJPY still trapped in range area of (78.212– 77.587). A break in either direction will determine the trading bias in today`s session. Break below (77.587) could trigger further bearish pressure targeting (76.764), while break above (78.212) could trigger further bullish advances testing (79.401). You may try to buy from lower border and/or sell from upper border. ![]() R1: 78.376| R2: 78.801| R3: 79.101| R4: 79.401| R5: 79.701 S1: 77.714| S2: 77.364| S3: 77.064| S4: 76.764| S5: 76.464 | ||
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| | #2 | ||
![]() | Daily Technical Analysis by FXCC 23Dec11
[B]Daily Technical Analysis by fxcc 23Dec11 Euro vs US Dollar We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.32074). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish. Try to sell on rallies with a stop loss above (1.32074). ![]() R1: 1.31063| R2: 1.31607| R3: 1.32088| R4: 1.32666| R5: 1.33113 S1: 1.30038| S2: 1.29591| S3: 1.29013| S4: 1.28566| S5: 1.28166 Great Britian Pound vs US Dollar We believe that possible bullishness could be seen during this trading session. Support is at (1.54830). 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. Look for long positions for today`s trading session. ![]() R1: 1.57642| R2: 1.58439| R3: 1.58939| R4: 1.59439| R5: 1.59939 S1: 1.56048| S2: 1.55448| S3: 1.54930| S4: 1.54083| S5: 1.53583 US Dollar vs Japanise Yen USDJPY is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (78.303) or a fall towards (77.587) in the coming session. We have to wait and watch the movement of the instrument from current levels. We need to hold for current session. ![]() R1: 78.524| R2: 78.824| R3: 79.124| R4: 79.424| R5: 79.724 S1: 77.839| S2: 77.539| S3: 77.239| S4: 76.939| S5: 76.639 | ||
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![]() | Re: Daily Technical Analysis by FXCC Daily Technical Analysis by fxcc 27Dec11 Euro vs US Dollar It's likely that EURUSD will decline. A break above (1.30919) could be a threat to the bearish scenario targeting (1.32390) even (1.32790). On the downside, immediate support is at (1.30057). Break below that area should keep the major bearish scenario intact testing (1.29146) area Our bias is on selling EURUSD with a stop loss above (1.30919) for today. ![]() R1: 1.30959| R2: 1.31590| R3: 1.31990| R4: 1.32390| R5: 1.32790 S1: 1.30057| S2: 1.29546| S3: 1.29146| S4: 1.28746| S5: 1.28346 Great Britian Pound vs US Dollar We believe that possible bullishness could be seen during this trading session. Support is at (1.55701). 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. We will try to buy GBPUSD from our mentioned support levels. ![]() R1: 1.56942| R2: 1.57731| R3: 1.58231| R4: 1.58731| R5: 1.59231 S1: 1.55448| S2: 1.54930| S3: 1.54430| S4: 1.53930| S5: 1.53430 US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties. A close above (78.202) will call for (79.213), and Loss of (77.768) sees (77.011). Look for a close above/below either barrier. ![]() R1: 78.313| R2: 78.613| R3: 78.913| R4: 79.213| R5: 79.513 [B] S1: 77.611| S2: 77.311| S3: 77.011| S4: 76.711| S5: 76.411 | ||
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| The Following User Says Thank You to alayoua For This Useful Post: | ||
mohsinqureshii (03-05-2012) | ||
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![]() | Daily Technical Analysis by FXCC 28Dec11 Euro vs US Dollar EURUSD is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (1.30879) or a fall towards (1.30467) in the coming session. We have to wait and watch the movement of the instrument from current levels. You may try to buy from lower border and/or sell from upper border. R1: 1.31280| R2: 1.31687| R3: 1.32087| R4: 1.32487| R5: 1.32887 S1: 1.30259| S2: 1.29834| S3: 1.29434| S4: 1.29034| S5: 1.28634 Great Britian Pound vs US Dollar We hold a view of the instrument moving in the range of (1.57102 – 1.55861). We have to wait and watch the movement of the instrument from current levels. We need to hold for current session. R1: 1.57591| R2: 1.58180| R3: 1.59221| R4: 1.59721| R5: 1.60221 S1: 1.56098| S2: 1.55509| S3: 1.54930| S4: 1.54430| S5: 1.53930 US Dollar vs Japanise Yen We see high chances of the pair move in a range between (78.125 – 77.693). A proper move above (78.125) confirms a probable rally towards (79.060). However, if USDJPY manage to close below (77.693) will support a call for bid tone. We should wait for a clearer outlook on USDJPY. R1: 78.157| R2: 78.460| R3: 78.760| R4: 79.060| R5: 79.360 S1: 77.532| S2: 77.232| S3: 76.932| S4: 76.632| S5: 76.332 | ||
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| | #5 | ||
![]() | Daily Technical Analysis by FXCC 29Dec11
[B]Daily Technical Analysis by fxcc 29Dec11 Euro vs. US Dollar (EURUSD): EURUSD maintains a bid tone for now. Break above (1.30902) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.28745), however, would confirm continuation of the bearish trend, towards next objective downwards (1.26403). Look for short positions for today`s trading session. ![]() R1: 1.29827| R2: 1.30259| R3: 1.30779| R4: 1.31458| R5: 1.31974 S1: 1.28745| S2: 1.28088| S3: 1.27060| S4: 1.26403| S5: 1.26003 Great Britain Pound vs. US Dollar (GBPUSD): We see better value in short positions. If the price will go below the first support at (1.53673), this would confirm continuation of the bearish trend, towards next objective downwards (1.52789) then (1.51166) and (1.50282) will follow. Look for short positions for current trading session. ![]() R1: 1.55296| R2: 1.55801| R3: 1.56502| R4: 1.57002| R5: 1.57739 S1: 1.53673| S2: 1.52789| S3: 1.51166| S4: 1.50282| S5: 1.49782 US Dollar vs. Japanese Yen USDJPY (USDJPY): We see high chances of the pair move in a range between (78.138 – 77.462). A proper move above (78.138) confirms a probable rally towards (79.383). However, if USDJPY manage to close below (77.462) will support a call for bid tone. We need to hold for current session. ![]() R1: 78.223| R2: 78.607| R3: 79.083| R4: 79.383| R5: 79.683 S1: 77.562| S2: 77.179| S3: 76.879| S4: 76.579| S5: 76.279 | ||
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| | #6 | ||
![]() | Daily Technical Analysis by FXCC 30Dec11 Euro vs. US Dollar (EURUSD): We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.29746) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.28902) support level. Look for short positions for today`s trading session. ![]() R1: 1.30168| R2: 1.30568| R3: 1.31034| R4: 1.31974| R5: 1.32374 S1: 1.28902| S2: 1.28208| S3: 1.27142| S4: 1.26742| S5: 1.26342 Great Britain Pound vs. US Dollar (GBPUSD): We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.54856). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish. You may try to sell from (1.54727), (1.55311), and (1.55866). ![]() R1: 1.54727| R2: 1.55311| R3: 1.55866| R4: 1.56450| R5: 1.57002 S1: 1.53588| S2: 1.53033| S3: 1.52449| S4: 1.51894| S5: 1.51394 US Dollar vs. Japanese Yen USDJPY (USDJPY): USDJPY is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (77.977) or a fall towards (77.330) in the coming session. We have to wait and watch the movement of the instrument from current levels. We need to hold for current session. ![]() R1: 78.001| R2: 78.494| R3: 78.794| R4: 79.094| R5: 79.394 S1: 77.109| S2: 76.809| S3: 76.509| S4: 76.209| S5: 75.909 | ||
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| | #7 | ||
![]() | Daily Technical Analysis by FXCC 02Jan12
[B]Daily Technical Analysis by fxcc 02Jan12 Euro vs. US Dollar (EURUSD): We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.30085). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish. Look for short positions for current trading session. ![]() R1: 1.29985| R2: 1.30422| R3: 1.30829| R4: 1.31424| R5: 1.31917 S1: 1.28868| S2: 1.28129| S3: 1.27636| S4: 1.27236| S5: 1.26836 Great Britain Pound vs. US Dollar (GBPUSD): We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.52570). Another move back above (1.55814) could lead us to neutral zone. Sell on rally for today with a stop loss above (1.55814). ![]() R1: 1.55485| R2: 1.56502| R3: 1.57002| R4: 1.57688| R5: 1.58407 S1: 1.54276| S2: 1.53617| S3: 1.52570| S4: 1.51583| S5: 1.51083 US Dollar vs. Japanese Yen USDJPY (USDJPY): We expect a bearish overall direction for today. as far as (77.839) remains intact; targeting (76.570) then (75.686). A close above (77.839) resistance area will extend gains to (79.222). Our bias is on selling USDJPY with a stop loss above (77.839) for today. ![]() R1: 77.454| R2: 77.868| R3: 78.338| R4: 78.922| R5: 79.222 S1: 76.570| S2: 75.686| S3: 75.386| S4: 75.086| S5: 74.786 | ||
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| | #8 | ||
![]() | Daily Technical Analysis by FXCC 03Jan12
[B]Daily Technical Analysis by fxcc 03Jan12 Euro vs US Dollar We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.27945). Another move back above (1.29802) could lead us to neutral zone. We will be looking to sell EURUSD upon any price retracement. ![]() R1: 1.29938| R2: 1.30422| R3: 1.30829| R4: 1.31229| R5: 1.31629 S1: 1.28876| S2: 1.28345| S3: 1.27945| S4: 1.27545| S5: 1.27145 Great Britian Pound vs US Dollar The GBPUSD still trapped in range area of (1.55585– 1.54570). A break in either direction will determine the trading bias in today`s session. Break below (1.54570) could trigger further bearish pressure targeting (1.52617), while break above (1.55585) could trigger further bullish advances testing (1.57502). We do not see any trading opportunities on the current market condition. ![]() R1: 1.55714| R2: 1.56244| R3: 1.57002| R4: 1.57502| R5:1.58002 S1: 1.54304| S2: 1.53617| S3: 1.53117| S4: 1.52617| S5: 1.52117 US Dollar vs Japanise Yen We expect a bearish overall direction for today. as far as (77.839) remains intact; targeting (76.450) then (76.150). A close above (77.839) resistance area will extend gains to (78.625). We will try to sell USDJPY from our mentioned resistance levels. ![]() R1: 77.311| R2: 77.638| R3: 78.025| R4: 78.325| R5: 78.625 S1: 76.450| S2: 76.150| S3: 75.850| S4: 75.550| S5: 75.250 | ||
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