Following GBP’s second week of declines arising from its loss of upside momentum at the 1.5996 in early August’2010, further downside risk looks to break its strong support located at the 1.5496/74 levels. Though that zone was tested and held the past week, a continued probe of that area will
Resultaten voor ‘ 74’
GBPUSD: Testing Key Support Level
Posted by Brandon on augustus 22nd, 2010
Posted in 10, 2, 20, 2010, 3, 74, Geen categorie, IS, Lines, PA, SEO Marketing Rol8.com, Sin, action, and, at, break, cat, de, dow, down, el, ent, eve, hat, in, line, low, lt;, me, men, nes, of, on, one, ook, port, pro, rea, rob, rom, ron, sec, test, tha, the, to, up, ups, week, wil, win 
Tags: eve, forex news, forex-signals, level, Lines, men, port, sec, the-1-5496, the-1-5996, the-past, week, win 
No Comments »Trade Idea: GBP/USD – Sell at 1.5710
Posted by Brandon on augustus 13th, 2010
Just as suggested in our previous update, although the British pound extended marginal weakness to 1.5562, cable was unable to drop below indicated support at 1.5553 and has rebounded on short-covering, suggesting consolidation would take place and retracement to 1.5685-95 (current level of the Ichimoku cloud bottom and 38.2% Fibonacci
Posted in 2, 3, 74, Ded, GE, Geen categorie, IS, Ida, SEO Marketing Rol8.com, Ting, VI, and, at, cat, dat, de, el, end, ent, eve, gina, hi, in, la, lac, low, mar, me, men, nes, of, on, over, port, pound, race, the, to, tom, up, update Tags: british, cover, ent, fibonacci, ichimoku, marginal-weakness, men No Comments »Trade Idea Update: EUR/USD – Sell at 1.2980
Posted by Brandon on augustus 12th, 2010
Although euro has retreated after intra-day bounce to 1.2933, break of support at 1.2830 is needed to confirm decline has resumed and extend the selloff from 1.3334 top to 1.2812 (1.618 times projection of 1.3334 to 1.3074 measuring from 1.3233) and possibly to previous support at 1.2794, however, reckon support
Posted in 2, 3, 74, Day, Ded, Geen categorie, IS, SEL, SEO Marketing Rol8.com, VI, action, and, at, break, de, el, end, euro, eve, in, line, me, of, on, port, pro, rea, rom, the, tim, time, times, to, up Tags: action, break, confirm-decline, Ded, forex news, from-1-3334, intra-day-bounce, rom, selloff, the-selloff No Comments »Trade Idea: EUR/JPY – Sell at 111.40
Posted by Brandon on augustus 12th, 2010
The single currency extended this week’s decline and broke below support at 110.02, adding credence to our view that wave 4 correction has possibly ended at 114.74 and although price has recovered from 109.24, upside should be limited to 111.00/05 (38.2% Fibonacci retracement of 113.95 to 109.24) and renewed selling
Posted in 09, 10, 13, 2, 3, 74, Ded, Geen categorie, IS, Ice, Red, SEL, SEO Marketing Rol8.com, Sin, VI, add, and, at, de, el, end, ent, hat, hi, in, limit, line, low, me, men, new, of, on, over, port, race, rom, tha, the, to, up, ups, view, week Tags: adding-credence, end, from-109-24, limit, low, race, rom, selling, single-currency, tha, upside-should, view No Comments »Trade Idea Wrap-up: EUR/USD – Sell at 1.3070
Posted by Brandon on augustus 11th, 2010
As the single currency has remained under pressure after breaking indicated support at 1.2980, suggesting the decline from 1.3334 top is still in progress and weakness to 1.2910/15 (1.236 times projection of 1.3334 to 1.3074 measuring from 1.3233) is underway, however, near term oversold condition should limit downside to 1.2850/60
Posted in 10, 2, 3, 50, 74, Act, GE, Geen categorie, IS, Prog, SEO Marketing Rol8.com, Sin, Til, Ting, action, and, at, break, cat, de, dow, down, eve, in, king, limit, line, me, nes, of, old, on, over, port, pro, progress, rea, rom, rs, the, tim, time, times, to, up Tags: break, cat, eve, feeds, forex-signals, nes, old, remained-under, should-limit, single, time No Comments »Trade Idea: EUR/JPY – Sell at 112.30
Posted by Brandon on augustus 11th, 2010
The single currency tumbled after breaking indicated support at 112.57, suggesting the correction from 107.30 has possibly ended at 114.74 earlier and consolidation with downside bias is seen and as price has dropped below 111.02 (50% Fibonacci retracement of 107.30 to 114.74), further weakness to 110.70/80 is likely, however, break
Posted in 10, 2, 3, 50, 74, Act, Ded, GE, Geen categorie, IS, Ice, Ida, SEO Marketing Rol8.com, Sin, Ting, and, at, break, cat, dat, de, dow, down, el, end, ent, eve, in, king, low, me, men, nes, of, on, port, race, rea, rom, the, to, up Tags: breaking-indicated, correction, ended-at-114, fibonacci, forex-signals, low, nes, possibly-ended, rom, single-currency, support-at-112, Ting No Comments »Elliott Wave Analysis: Dollar Index, USD/CAD, S&P 500
Posted by Brandon on augustus 9th, 2010
Since the past update, the U.S. dollar was moving lower and traded very close to 200 day SMA and also 61.8% Fibonacci retracement level measured of a previous bullish leg shown on a weekly chart from 74.27-88.70. Dollar is extremely oversold, which we can also see on the stochastic oscillator,
Posted in 2, 20, 74, Day, Ded, Geen categorie, IS, PA, Red, SEO Marketing Rol8.com, Sin, VI, action, and, art, at, dat, de, dollar, el, ent, eve, hi, in, la, low, me, mel, men, of, old, on, over, race, rom, rs, the, to, up, update, week Tags: 200-day, art, feeds, forex news, leg, level-measured, Sin, sma, stochastic, the-stochastic, very-close, week No Comments »TRADE IDEA: EUR/JPY – Sell at 113.85
Posted by Brandon on augustus 2nd, 2010
Despite Friday’s fall to 112.03, as the rebound from there is slightly stronger than expected, suggesting near term upside risk remains for further gain to 113.70 (61.8% Fibonacci retracement of 114.74 to 112.03), however, reckon resistance at 114.24 would hold and bring another decline later.
Posted in 13, 2, 3, 50, 74, Act, Day, EXP, GE, Geen categorie, IS, Ida, SEO Marketing Rol8.com, SP, Ting, all, and, at, de, ent, eve, for, here, in, la, line, me, men, no, of, old, on, race, rom, ron, tha, the, to, up, ups Tags: despite-friday, EXP, fibonacci, forex, friday, old, reckon-resistance, rom, ron, slightly-stronger, suggesting-near, tha, ups No Comments »Trade Idea Update: USD/CHF – Sell at 1.0470
Posted by Brandon on juli 30th, 2010
Although the greenback fell marginally to 1.0362 (yesterday’s low was 1.0374), lack of follow through selling and the rebound from there suggest consolidation would be seen and retracement to the Kijun-Sen (now at 1.0455) is likely, however, reckon 1.0465/70 (38.2% Fibonacci retracement of 1.0640 to 1.0362) would attract renewed selling
Trade Idea: EUR/JPY – Sell at 113.55
Posted by Brandon on juli 30th, 2010
Failure to extend yesterday’s rebound and euro met heavy offers at 114.24, the selloff from there signals top has been formed at 114.74 earlier this week and consolidation with mild downside bias is seen for correction to 111.90 (38.2% Fibonacci retracement of 107.30 to 114.74), then 111.50/55, however, reckon 111.02
Posted in 10, 2, 3, 50, 74, Day, Geen categorie, IS, Ida, SEL, SEO Marketing Rol8.com, and, at, bee, dat, de, dow, down, el, end, ent, euro, eve, for, here, hi, me, men, of, on, race, rom, rs, sign, the, to, week Tags: bee, euro, eve, extend-yesterday, fail, fibonacci, forex news, forex-signals, heavy-offers, race, selloff, SEO Marketing Rol8.com, week No Comments »
