Update Daily Technical Levels from FXCC

alayoua · #**141** (**permalink**) 17-01-2012, 07:38

Daily Forex Market by FXCC 17Jan2012

MARKET OVERVIEW – JANUARY 17 2012
Major currency pair and Commodity currency pair analysis
Europe’s shared currency was 0.3 percent weaker at 97.30 yen at 11:40 a.m. in London, after falling to 97.04, the least since December 2000. The euro fell 0.1 percent to $1.2673, after dropping to $1.2626. The dollar dipped 0.3 percent to 76.77 yen. U.S. markets are closed today. Sterling is in a range above the psychological level of 1.5300. This looming round number should represent a test, once breached lower support is at circa 1.5320. EUR/GBP extended its decline to 0.8253, where it bottomed out during the European trade. EUR/GBP is quoting at around 0.8270, 0.06% above its opening price. USD/JPY erases Friday’s gains and falls back to 76.75 down 0.22% on the day. The USD/CHF has retraced back to Monday’s opening price, at 0.9540, after falling to a 0.9525 daily low on the European opening.
NZD/USD is down ahead of NZIER. The pair is flat at 7930, obviously 8000 represents a key level. Improved housing/lending data has helped push up the AUS/USD, the pair is up 0.33% at 10314 with the next resistance levels waiting at 1.0387 followed by key number level of 1.0400. As crude oil rises, the USD/CAD falls. Friday’s gains obtained ahead of the S&P downgrades on European sovereigns have Ben eradicated as price sticks in a range determined by the 200 ma on a 4 hr chart. The pair is below 1.0200, in line with the 200-hourly MA, making this an extremely interesting position to monitor.

UPCOMING EVENTS
2012-01-17 09:30 GMT | United Kingdom Core Consumer Price Index (YoY) (Dec)
2012-01-17 10:00 GMT | United Kingdom BoE's Governor King Speech
2012-01-17 10:00 GMT | EU - Consumer Price Index - Core (YoY) (Dec)
2012-01-17 10:00 GMT | EU - ZEW Survey - Economic Sentiment (Jan)

FOREX NEWS
2012-01-17 05:21 GMT | Another day, another record low for EUR/AUD
2012-01-17 02:04 GMT | China: Retail Sales (YoY) (Dec): 18.1%
2012-01-17 02:04 GMT | China: Industrial Production (YoY) (Dec): 12.8%
2012-01-17 02:03 GMT | China Gross Domestic Product (YoY) 8.9% in 4Q

EURUSD 1.27429 / 1.27434
High: 1.27434 | Low: 1.26489 | Chg: 0.0076 0.06%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Overbought

Resistance Levels: 1.2944 | 1.2882 | 1.2812 | 1.2763
Support Levels: 1.2624 | 1.2592 | 1.2560 | 1.2513

Intraday Analysis: The EURUSD moved upwards and managed to stay above yesterday’s support 1.2624 (S1) and now it is moving towards 1.2763 (R1). A break above that level we suggest further rise towards 1.2812 (R2) and then 1.2882 (R3). On the other hand, if the price manages to hold below 1.2763 (R1) we can expect retest of 1.2624 (S1). The pair is moving downwards since November 2011 and the stochastic is ready to exit downwards to the 80 level. Our recommendation for today’s session is to look for short positions close to 1.2763 (R1) with a stop loss above 1.2812 (R2).

GBPUSD 1.53819 / 1.53831
High: 1.53824 | Low: 1.53107 | Chg: 0.006 0.039%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Overbought

Resistance Levels: 1.5629 | 1.5579 | 1.5487 | 1.5409
Support Levels: 1.52758 | 1.5233 | 1.5203 | 1.5164

Intraday Analysis: The GBPUSD is under bearish pressure as it is approaching towards a crucial support level 1.5233 (S2). The pair reached a high at 1.5409 (R1) and then fell back towards 1.5278 (S1). Further fall will test 1.5233 (S2) and decline below this level, suggesting target at 1.5203 (S3). On the other hand, if price manages to stay above 1.5278 (S1) then we expect the price to retest 1.5409 (R1) and then further rise to 1.5487 (R2). We look for long positions in today’s session with a stop loss below 1.5278 (S1).

USDJPY 76.651/ 76.655
High: 76.878 | Low: 76.64 | Chg: -0.117 -0.117%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Oversold

Resistance Levels: 78.03 | 77.56 | 77.33 | 77.05
Support Levels: 76.60 | 76.03 | 75.54 | 75.13

Intraday Analysis: USDJPY fell sharply and formed a strong support level at 76.60 (S1) and then we saw is rised up and made a high at 77.05 (R1). A break above that level, 77.05 (R1), we suggest further rise towards 77.33 (R2). Both of our Moving Averages are bearish, so we expect the pair to continue its downward move towards 76.03 (S2). A stop loss should be placed above 77.05 (R1).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/17012012

alayoua · #**142** (**permalink**) 18-01-2012, 09:36

Daily Forex Market by FXCC 18Jan2012
The dollar fell versus the euro in early trading

The dollar was little changed at 1.2741 per euro as of 8:30 a.m. in Tokyo after falling 0.5 percent yesterday. The yen fetched 97.88 per euro after a 0.6 percent decline yesterday. USD/JPY broke support at circa 76.60 to reach a fresh 3-month low of 76.54 on Tuesday, recovering to end the American session at 76.82. The pound declined 0.4 percent to 83 pence per euro at 5:03 p.m. London time, after rising 1.1 percent over the previous two days. The currency slid 0.6 percent to A$1.4767 after falling to A$1.4713, the weakest since February 1985. Sterling strengthened 0.2 percent to $1.5348.

Canada’s currency touched C$1.0113 per U.S. dollar, the strongest since Jan. 4. It ended 0.3 percent higher at C$1.0151 in Toronto. One Canadian dollar purchases 98.51 U.S. cents. The Australian Dollar is approaching 1.0370, after it recovered from a dip which halted ahead of 1.0350. AUD/USD retreated 100 pips from its daily highs seen on Tuesday. AUD/USD peaked at a 2 ½-month high of 1.0447 before Wall Street opening, but then dropped nearly 100 pips throughout the NY session.
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UPCOMING EVENTS
2012-01-18 04:30 GMT | Japan - Industrial Production (YoY) (Nov)
2012-01-18 09:30 GMT | UK - ILO Unemployment Rate (3M) (Jan)
2012-01-18 09:30 GMT | UK - Average Earnings including Bonus (3Mo/Yr) (Nov)
2012-01-18 09:30 GMT | UK - Claimant Count Change (Dec)

FOREX NEWS
2012-01-18 04:36 GMT | Japan Nov Industrial Production (YoY) -4.2%
2012-01-18 04:34 GMT | Japan Capacity Utilization -2.9% in Nov
2012-01-18 04:34 GMT | Japan Industrial Production (MoM) -2.7% in Nov
2012-01-18 00:34 GMT | Australia Dec New Motor Vehicle Sales (YoY) -3%

EURUSD 1.27906 / 1.27910
DAILY WEEKLY MONTHLY
High: 1.27927 | Low: 1.27333 | Chg: 0.0055 0.43%

1.2944 | 1.2878 | 1.2843 | 1.2807
1.2711 | 1.2647 | 1.2624 | 1.2592

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

After price formed bottom at 1.2624 (S3) EURUSD was able to break above 1.2711 (S1) and now has found a strong resistance at 1.2807 (R1). If we take a look in the short term time frame, the price is heading close to the downtrend trend line 1.2843 (R2). A break above that level will be suggesting target at 1.2878 (R3) and possibilities for a trend reversal. On the other hand if price fails to break above 1.2807 (R1) we will then expect the price to retest 1.2711 (S1) and then further decline towards 1.2647 (S2). We are in a very crucial level as it is a possibility to either have a continuation of the downtrend or a breakout and trend reversal.

GBPUSD 1.53709 / 1.53718
DAILY WEEKLY MONTHLY
High: 1.53745 | Low: 1.53264 | Chg: 0.0035 0.23%

1.5579 | 1.5527 | 1.5487 | 1.5409
1.5278 | 1.5233 | 1.5203 | 1.5164

SUMMARY : up
TREND : up trend
MA10 : bearish
MA20 : Bearish
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

GBPUSD formed higher bottoms and now is moving towards 1.5409 (R1) a technical and psychological resistance level for the bullish. A break above that level, it will be a proper conformation for long positions as we expect the price to retest 1.5487 (R2). On the downside, decline below 1.5320 will be confirmed the short positions towards 1.5278 (S1) and then 1.5233 (S2).

USDJPY 76.693 / 76.699
DAILY WEEKLY MONTHLY
High: 76.844 | Low: 76.653 | Chg: -0.133 -0.17%

78.03 | 75.56 | 77.33 | 77.05
76.55 | 76.03 | 75.54 | 75.13

SUMMARY : Down
TREND : down trend
MA10 : bearish
MA20: Bearish
STOCHASTIC versold

MARKET ANALYSIS - Intraday Analysis

USDJPY fell yesterday and was supported at 76.55 (S1) and now it seems that it is going to retest that level. We expect the price to retest and then break below our support level targeting fresh lows at 76.03 (S2) and 75.54 (S3). Look for short positions below 76.55 (S1) with a stop loss above 77.05 (R1).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/18012012

alayoua · #**143** (**permalink**) 19-01-2012, 07:54

Daily Forex Market by FXCC 19Jan2012
MARKET OVERVIEW – JANUARY 19 2012
Will the euro strengthen versus the yen?

GBP/USD broke through the levels of resistance from R1-R3 on Wednesday to reach a fresh 5-day high 1.5440, ending the American session 0.68% higher at 1.5435, this represented cables's third successive day of gains. As is its habit on occasion USD/JPY traded in a very limited 76.65/86 range before ending the American session virtually unchanged, at 76.81. The Swiss Franc strengthened versus many major counter party currencies as the US Dollar weakened, the USD/CHF fell to its lowest level in two weeks, below the psychological level of 0.9400. The pair flattened at 0.9382, remaining below 0.9400. The Swissy also rose versus its European rivals. The EUR/CHF broke below 1.2080 to 1.2067, tempting last week's lows at 1.2062, GBP/CHF fell sharply from 1.4515 to 1.4482. EUR/USD ended trading in the New York session circa 1% higher at 1.2862, just below the 20-day EMA resistance level seen at 1.2870 with support seen at 1.2840.

AUD/USD spent Wednesday trading below 1.0450 a 2-month high. The pair ended trading in New York higher for the third consecutive day, closing at 1.0435, up from a session low of 1.0355. A Kiwi sell-off occurred across the markets after a 0.3% fall in inflation was published. NZD/USD lost 45-50 pips rapidly after a sell off took the pair as low as 0.8025 from its earlier highs of 0.8080. After peaking at 1.0176, USD/CAD lost momentum dropping over half a cent late Wednesday currently printing circa 1.0120, a couple of points above Wednesday's daily low of 1.0118.

UPCOMING EVENTS
2012-01-19 00:00 GMT | Australia Consumer Inflation Expectation (Jan)
2012-01-19 00:30 GMT | Australia Unemployment Rate s.a. (Dec)
2012-01-19 00:30 GMT | Australia Employment Change s.a. (Dec)
2012-01-19 09:00 GMT | European Monetary Union ECB Monthly Report

FOREX NEWS
2012-01-19 01:26 GMT | GBP/JPY targeting lows below 118.50
2012-01-19 00:40 GMT | Australia: Unemployment steady at 5.2%, big miss in job creation
2012-01-19 00:27 GMT | Swissy supported by successful auctions
2012-01-19 00:01 GMT | Australia Jan Consumer Inflation Expectation 2.8%

EURUSD 1.28475 / 1.28477
High: 1.28784 | Low: 1.28417 | Chg: -0.0016 -0.12%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 1.3120 | 1.3075 | 1.2989 | 1.2878
Support Levels: 1.2807 | 1.2714 | 1.2647 | 1.2624

Intraday Analysis: EURUSD rose yesterday towards resistance at 1.2878 (R1) and now it is testing the downtrend trend line again. A break above that level we can expect price to move towards 1.2989 (R2) and this is a proper conformation for a trend reversal. On the downside, if the pair do not manage to break above first resistance then we expect to move towards 1.2807 (S1) and then 1.2714 (S2).

GBPUSD 1.54163 / 1.54172
High: 1.54453 | Low: 1.54159 | Chg: -0.0021 -0.14%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 1.5669 | 1.5580 | 1.5488 | 1.5445
Support Levels: 1.5404 | 1.5320 | 1.5278 | 1.5233

Intraday Analysis: GBPUSD gained momentum yesterday and formed a top at 1.5445 (R1) now it seems that is moving towards 1.5404(S1). A break below that level can expect the pair to retest 1.5320 (S2). If the price moves upwards and breaks above our first resistance level 1.5445 (R1) then we expect the price to approach towards 1.5488 (R2).

USDJPY 76.764 / 76.767
High: 76.834 | Low: 76.721 | Chg: -0.054 -0.07%
SUMMARY: Down
INTRADAY TREND: Downtrend
MA10: Bearish
MA20: Bearish
STOCHASTIC: Neutral

Resistance Levels: 77057 | 77.33 | 77.05 | 76.87
Support Levels: 76.65 | 76.59 | 76.10 | 75.56

Intraday Analysis: USDJPY is moving sideways between 76.87 (R1) and 76.65 (S1). A break below our support level, we can expect the price to retest 76.59 (S2) and further decline we’ll focus on 76.10 (S3). Look for short positions with a stop loss above 77.05 (R2).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/19012012

alayoua · #**144** (**permalink**) 20-01-2012, 07:57

Daily Forex Market by FXCC 20Jan2012
MARKET OVERVIEW – JANUARY 20 2012
Euro appreciates to two week high versus the greenback, is 1.3000 in sight, then 1.3200?
The euro appreciated to a two-week high of $1.2927 before trading 0.2 percent higher at $1.2890. It reached a 16-month low of $1.2624 on Jan.13th. The Dollar Index fell 0.1 percent to 80.372 today. The dollar was little changed at $1.2964 per euro as of 8:24 a.m. in Tokyo from yesterday in New York. The yen was at 99.93 per euro from 99.99 yesterday when it reached 100.06, also the lowest since Jan. 4. The U.S. currency traded fairly static at 77.09 yen.
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UPCOMING EVENTS
2012-01-20 04:30 GMT | Japan All Industry Activity Index (MoM) (Nov)
2012-01-20 05:00 GMT | Japan Leading Economic Index (Nov)
2012-01-20 07:00 GMT | Germany Producer Price Index (MoM) (Dec)
2012-01-20 09:30 GMT | United Kingdom Retail Sales (YoY) (Dec)

FOREX NEWS
2012-01-20 04:32 GMT | Japan: All Industry Activity Index (MoM) (Nov): -1.1%
2012-01-20 02:51 GMT | Japan contribution to the IMF contingent on US
2012-01-20 02:39 GMT | Japan - HSBC Manufacturing PMI signals industry contraction for third consecutive month
2012-01-20 00:33 GMT | Australia 4Q Export Price Index (QoQ) -1.5%

EURUSD 1.29673 / 1.29680
High: 1.29808 | Low: 1.29538 | Chg: -0.0002 -0.01%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 1.3260 | 1.3206 | 1.3120 | 1.3050
Support Levels: 1.2876 | 1.2809 | 1.2711 | 1.2624

Intraday Analysis: EURUSD moved upwards and formed a high at 1.2980 this morning. The upward moved started from 13th of January and since then the EUR picked up and has successfully penetrated upwards the downtrend trend line. We expect the price to reach 1.3050 (R1) and then to bounce back for a correction. If the price breaks above our first resistance then we have a new trend (uptrend) and the next target is set at 1.3120 (R2).

GBPUSD 1.54880 / 1.54888
High: 1.54966 | Low: 1.54749 | Chg: 0.0001 0.01%
SUMMARY: Up
INTRADAY TREND: Uptrend
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 1.5862 | 1.5775 | 1.5669 | 1.55572
Support Levels: 1.5410 | 1.5344 | 1.5281 | 1.234

Intraday Analysis: GBPUSD has successfully broke above yesterday resistance and now it seems that is heading towards 1.5572 (R1). Fail to reach that level then we expect the price to retest 1.5410 (S1) and then further decline will limited to 1.5344 (S2). On the intraday, the pair is moving upwards – uptrend valid trend line and both of our Moving Averages are bullish. The bearish are under pressure as a lot of stop losses have been hit yesterday as we are in a strong upward momentum at the moment.

USDJPY 77.131 / 77.134
High: 77.206 | Low: 77.053 | Chg: 0.024 0.03%
SUMMARY: Down
INTRADAY TREND: Trading Range
MA10: Bullish
MA20: Bullish
STOCHASTIC: Neutral

Resistance Levels: 78.21 | 77.78 | 77.56 | 77.33
Support Levels: 76.80 | 76.59 | 76.10 | 75.56

Intraday Analysis: USDJPY made a sharp move yesterday (60 pips) and formed a top at 77.33 (R1) a strong resistance level. A break above that level we expect the price to retest 77.56 (R2). At the moment, the price it seems that is still moving downwards and it is possible to retest our support levels at 76.80 (S1) and 76.59 (S2) a strong technical and psychological level. It is very important to see a move above our first resistance or our first support to get a clearer picture of the trend. In the long run a break below 76.59 (S2) will confirm the downtrend – No position.

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/20012012

alayoua · #**145** (**permalink**) 23-01-2012, 07:07

Daily Forex Market by FXCC 23Jan2012

Euro falls sharply on open versus many of its peers

The euro fell 0.3 percent to $1.2890 as of 9:20 a.m. in Tokyo from $1.2931 in New York on Jan. 20th when it reached $1.2986, the highest level since Jan. 4th. The seventeen nation common currency declined 0.4 percent to 99.24 yen. The dollar traded at 76.99 yen from 77.01. The USD/JPY possibly remains in consolidation around 77.00 at the start of trading this Monday, after last week saw the paring retrace below 77.05 after failing to break above 100 DMA.

Australia’s dollar fetched $1.0463 from $1.0484 on Jan. 20. It earlier rose as high as $1.0494, its strongest level since Nov. 1. The overall positive mood which enveloped global equity markets last week helped support the Aussie AUD at the open, price is off slightly following a slight fall in the Australian producer price index (QoQ) at 0.3% from a 0.5% consensus.
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UPCOMING EVENTS
2012-01-23 00:30 GMT | Australia Producer Price Index (QoQ) (Q4)
2012-01-23 00:30 GMT | Australia Producer Price Index (YoY) (Q4)
2012-01-23 09:00 GMT | European Monetary Union EcoFin Meeting
2012-01-23 15:00 GMT | EU - Consumer Confidence (Dec) Preliminar

FOREX NEWS
2012-01-23 05:35 GMT | EUR/USD gap down unfilled in Asia
2012-01-23 00:41 GMT | Australia: PPI rises 2.9% in year to December
2012-01-23 00:31 GMT | Australia: Producer Price Index (QoQ) (4Q): 0.3%
2012-01-23 00:17 GMT | USD/JPY still consolidating below 77.00

EURUSD 1.28911 / 1.28917
DAILY WEEKLY MONTHLY
High: 1.29081 | Low: 1.28759 | Chg: -0.004 -0.31%

Resistance Levels: 1.3056 | 1.3025 | 1.2987 | 1.2948
Support Levels: 1.2838 | 1.2807 | 1.2732 | 1.2624

SUMMARY up
TREND up trend
MA10 bearish
MA20 Bearish
STOCHASTIC neutral

MARKET ANALYSIS - Intraday Analysis

The EURUSD continued to rise the whole week from 1.2624 (S4) and formed a high at 1.2987 (R2). The pair seems to be forming a correction downwards, towards 1.2878 and there are also possibilities to retest our first support level at 1.2838 (S1). Look for a long position near the support levels, targeting 1.2987 (R2).

GBPUSD 1.55370 / 1.55380
DAILY WEEKLY MONTHLY
High: 1.55621 | Low: 1.55273 | Chg: -0.0039 -0.25%

Resistance Levels: 1.5677 | 1.5639 | 1.5614 | 1.5579
Support Levels: 1.5500 | 1.5448 | 1.5402 | 1.5339

SUMMARY up
TREND up trend
MA10Bullish
MA20bullish
STOCHASTICneutral

MARKET ANALYSIS - Intraday Analysis

GBPUSD broke above 1.5500 (S1) level and formed a top at 1.5579 (R1). It now seems to be heading towards the same resistance level. A break above that level would suggest a target of 1.5614 (R2) and a further rise will then focus on the next target at 1.5639 (R3). On the downside, if the price rebounds from the current resistance level we can expect retesting at 1.5500 (S1), a technical and psychological level. A further fall will then bring focus to the next support level at 1.5448 (S2).

USDJPY 77.030 / 77.034
DAILY WEEKLY MONTHLY
High: 77.08 | Low: 76.929 | Chg: 0.005 0.01%

Resistance Levels: 78.21 | 77.78 | 77.56 | 77.32
Support Levels: 76.91 | 76.55 | 76.05 | 75.56

SUMMARY : neutral
TREND : sideway
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral
MARKET ANALYSIS - Intraday Analysis

USDJPY after a short consolidation, continue to rise from Friday’s support level of 76.55(S2) and has reached a high at 77.32 (R1) so far. If we switch to an H4 timeframe, we can see that the pair is going through another consolidation and if the pair manages to hold above 76.55 (S2) we can expect a further rise towards our first resistance level at 77.32 (R1) and a sustained rise will then approach 77.56 (R2). On the other hand, if the price does not manage to break above 77.32 ( R1) we can expect the price to move downwards and retest the second support level at 76.55 (S2) and a deeper decline could be then supported at 76.05 (S3).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/23012012

alayoua · #**146** (**permalink**) 24-01-2012, 07:23

Daily Forex Market by FXCC 24Jan2012

Euro Yen rallies from the eleven years lows seen over recent weeks

The euro gained 0.6 percent to $1.3013 at 5 p.m. New York time after rising to $1.3053, the highest level seen since Jan. 4. The seventeen nation common currency advanced 0.6 percent to 100.25 yen, while the dollar was little changed at 77.02 yen. EUR/JPY accelerated higher on Monday from an earlier test of 99.00, reaching fresh 4-week highs in the 100.50 price zone before ending trade in New York at 100.22, 0.70% higher on the day. a significant move away from the fresh eleven year lows being reached over recent weeks. The pound weakened 0.8 percent to 83.66 pence per euro at 5:01 p.m. London time. Sterling was little changed at 119.87 yen and $1.5580. The rally of the Pound versus the Dollar finally stalled at the key round number level of 1.5600 as the Greenback managed to trim its losses across the board. USD/CHF dropped more than 120 pips on Monday, sliding to its lowest level since Dec 21 at 0.9250 before recovering, the pair was printing around circa 0.9260, down 1.2% on the day earlier in the evening.
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UPCOMING EVENTS
2012-01-24 03:35 GMT | Japan BoJ Interest Rate Decision (Jan 24)
2012-01-24 08:28 GMT | Germany Purchasing Manager Index Manufacturing (Jan)
2012-01-24 08:58 GMT | European Monetary UnionPurchasing Manager Index Manufacturing (Jan)
2012-01-24 09:30 GMT | United Kingdom Public Sector Net Borrowing (Dec)

FOREX NEWS
2012-01-24 06:48 GMT | EUR/USD flat after Asian session
2012-01-24 04:34 GMT | GBP/USD retreats from 1.5600 on run to safety
2012-01-24 03:36 GMT | Japan Jan 24 BoJ Interest Rate Decision steadies at 0.1%
2012-01-24 02:08 GMT | EUR/AUD finds a short term base above 1.2350

EURUSD 1.30154 / 1.30160
DAILY WEEKLY MONTHLY
High: 1.30299 | Low: 1.29874 | Chg: 0.0002 0.02%

1.3267 | 1.3218 | 1.3150 | 1.3051
1.2986 | 1.2874 | 1.2838 | 1.2807

SUMMARY : up
TREND : up trend
MA10 : neutral
MA20 : neutral
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

The EURUSD continued to rise from 1.2874 (S2) and reached a high yesterday at 1.3051 (R1). Following that we saw a correction towards the first support level at 1.2986 (S1). It seems the pair will re-test a high soon. If the price will have enough momentum we can expect a rise towards 1.3051 (R1) and focus on 1.3150 (R2) a strong technical and psychological level.

GBPUSD 1.55586 / 1.55596
DAILY WEEKLY MONTHLY
High: 1.558 | Low: 1.5537 | Chg: -0.0008 -0.05%

1.5715 | 1.5698 | 1.5668 | 1.5601
1.5515 | 1.5449 | 1.5407 | 1.5343

SUMMARY : up
TREND : up trend
MA10 : neutral
MA20 : neutral
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

The GBPUSD fell and formed a bottom at 1.5515 (S1). After that the price rebounded and was able to break above yesterday’s resistance at 1.5579 and it seems it will re-test a high soon. A break above the first resistance would suggest a target of 1.5668 (R2). If price holds its momentum on the upside we can expect a further rise towards 1.5698 (R3). On the other hand, if the price does not manage to break above 1.5601 (R1) we can expect the pair to retest support at 1.5515 (S1) and a further fall will be limited to 1.5449 (S2).

USDJPY 77.004 / 77.009
DAILY WEEKLY MONTHLY
High: 77.047 | Low: 76.956 | Chg: -0.017 -0.02%

78.87 | 78.20 | 77.68 | 77.32
76.85 | 76.55 | 76.08 | 75.53

SUMMARY : neutral
TREND : sideway
MA10 : neutral
MA20 : neutral
STOCHASTIC : overbought

MARKET ANALYSIS - Intraday Analysis

USDJPY rose yesterday and was stopped at 77.32 (S1) where price rebounded and fell forming a bottom at 76.85 (S1). A break below 76.85 (S1) will be a proper confirmation for short positions targeting 76.55 (S2) and 76.08 (S3). Look for short positions at current price with a stop loss above first resistance 77.32 (R1).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/24012012

alayoua · #**147** (**permalink**) 25-01-2012, 07:05

Daily Forex Market by FXCC 25Jan2012

The dollar rose 0.8 percent to 77.67 yen at 5 p.m. in New York and touched 77.85, the highest level since Dec. 29. The greenback dropped 0.2 percent to $1.3036 per euro. The common currency rose 1 percent to 101.25 yen. The yen’s fall gained further momentum after breaking through the 70.40 yen per dollar level, which was a key technical level. The pound rose 0.4 percent to $1.5626 and appreciated 0.2 percent to 83.42 pence per euro. USD/CHF rose after Wall Street opened, rising to 0.9310 but failing to hold gains above the crucial round number of 0.9300 and retreated. The US Dollar lost the majority of the gains, falling to 0.9275 ending the day circa 0.9280, a nominal gain of 0.05% on the day.
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2012-01-25 00:30 GMT | Australia Consumer Price Index (YoY) (Q4)
2012-01-25 09:30 GMT | United Kingdom Bank of England Minutes
2012-01-25 09:30 GMT | United Kingdom BBA Mortgage Approvals (Dec)
2012-01-25 09:30 GMT | United Kingdom Gross Domestic Product (YoY) (Q4) Preliminar

2012-01-25 03:17 GMT | EUR/JPY hits one-month high, 101.80 next resistance
2012-01-25 00:40 GMT | Australia: CPI rose 3.1% through the year to the December quarter, weaker than expected
2012-01-25 00:31 GMT | Australia Consumer Price Index (QoQ) 0% in 4Q
2012-01-25 00:06 GMT | Japan: Logs trade deficit for 2011, first in a generation

EURUSD 1.30250 / 1.30256
DAILY WEEKLY MONTHLY
High: 1.30469 | Low: 1.30155 | Chg: -0.0011 -0.08%

1.3267 | 1.3218 | 1.3132 | 1.3053
1.2953 | 1.2874 | 1.2838 | 1.2807

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : oversold

MARKET ANALYSIS - Intraday Analysis

Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.

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GBPUSD 1.55894 / 1.55906
DAILY WEEKLY MONTHLY
High: 1.56274 | Low: 1.55877 | Chg: -0.0035 -0.23%

1.5715 | 1.5698 | 1.5668 | 1.5627
1.5564 | 1.5515 | 1.5449 | 1.5407

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : oversold

MARKET ANALYSIS - Intraday Analysis

Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.

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USDJPY 77.936 / 77.938
DAILY WEEKLY MONTHLY
High: 77.979 | Low: 77.615 | Chg: 0.272 0.35%

79.92 | 79.60 | 78.87 | 78.28
77.55 | 77.12 | 76.54 | 76.08

SUMMARY : up
TREND : up trend
MA10: Bullish
MA20: bullish
STOCHASTIC : overbought

MARKET ANALYSIS - Intraday Analysis

Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/25012012

alayoua · #**148** (**permalink**) 13-02-2012, 11:07

Daily Forex Market by FXCC 13Feb2012

EUR/USD spikes as Greek Parliament began counting 'austerity deal' votes
The euro rose 0.3 percent to $1.3239 as of 8:00 a.m. in Tokyo from last week's close in New York. The shared common currency gained 0.4 percent to 102.81 yen. The dollar fetched 77.66 yen from 77.61. USD/JPY opened the Asian session with a downside gap open of 77.54 on Monday, but then climbed to an early high of 77.66, recovering the early gap and Friday’s modest losses. EURUSD spiked over 40/45 pips as retail platforms opened, short covering squeeze then intensified. EUR/USD had opened the Asian session just above 1.3200, up from 1.3171 late Friday, the paring is edging higher into the 1.3230 area, resistance at 1.3258 (Nov low), support at 1.3197 (Dec high).
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2012-02-13 00:30 GMT | Australia Home Loans (Dec)
2012-02-13 07:00 GMT | Germany Wholesale Price Index (MoM) (Jan)
2012-02-13 07:00 GMT | Germany Wholesale Price Index (YoY) (Jan)
2012-02-13 08:15 GMT | Switzerland Producer and Import Prices (MoM) (Jan)

2012-02-13 05:59 GMT | USD/JPY rangebound around 77.60 ahead of Europe
2012-02-13 03:54 GMT | GBP/USD still bid amid CBI outlook
2012-02-13 01:07 GMT | EUR/USD retreats after run to 1.3260
2012-02-13 00:30 GMT | Australia Home Loans 2.3% in Dec

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EURUSD : 1.32728 / 1.32731
DAILY WEEKLY MONTHLY
High: 1.3276 | Low: 1.31987 | Chg: 0.0077 0.58%

1.3394 | 1.3367 | 1.3322 | 1.3285
1.3206 | 1.3153 | 1.3096 | 1.3026

SUMMARY : up
TREND up : trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : overbought

MARKET ANALYSIS - Intraday Analysis

The EURUSD fell and formed a bottom at 1.3153 (S2) after which the price rebounded and was able to break above Friday’s support at 1.3206 and it seems it will soon re-test a high at 1.3322. A break above the first resistance level of 1.3285 (R1) would suggest a target of 1.3322 (R2). If the price holds its momentum on the upside we can expect a further rise towards 1.3367 (R3). On the other hand, if the price does not manage to break above 1.3222 (R2) we can expect the pair to retest support at 1.3153 (S2) and a further fall will be limited to 1.3096 (S3).

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GBPUSD : 1.58145 / 1.58157
DAILY WEEKLY MONTHLY
High: 1.58168 | Low: 1.57581 | Chg: 0.0062 0.39%

1.5961 | 1.5929 | 1.5885 | 1.5848
1.5757 | 1.5729 | 1.5700 | 1.5665

SUMMARY : Down
TREND down : trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

GBPUSD is forming lower tops, as it fell for 3 consecutive days after forming a high at 1.5929 (R3), and formed a strong support level at 1.5729 (S2). Following that we saw a correction towards 1.5799 and it seems the pair will re-test our support levels soon. A break below 1.5757 (S1) would suggest a target of 1.5729 (S2) and a further fall will then focus on the next target at 1.5700 (S3) a technical and psychological level. On the upside, if the price rebounds from the first support level we can expect retesting at 1.5848 (S2). A further rise will then bring focus to the next resistance level at 1.5885 (R2).

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USDJPY : 77.688 / 77.691
DAILY WEEKLY MONTHLY
High: 77.779 | Low: 77.532 | Chg: 0.066 0.09%

78.98 | 78.67 | 78.28 | 77.80
77.25 | 76.83 | 76.49 | 76.25

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : neutral
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

USDJPY gained momentum and formed higher bottoms and is now moving towards 77.80 (R1) a technical and psychological resistance level for the bulls. If the pair breaks above that level, can expect the price to retest 78.28 (R2). Be on the alert for a correction downwards towards 77.25 (S1) and then a continuation to an upward move. We believe that the bullish pressure will continue. Look for long positions in today's trading session.

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/13022012

alayoua · #**149** (**permalink**) 15-02-2012, 07:19

Daily Forex Market by FXCC 14Feb2012

Yen Drops to Three-Month Low as Bank of Japan Boosts Stimulus..
Major currency pair and cross currency pair analysis: The euro traded at $1.3127 as of 8:30 a.m. in Tokyo from $1.3134 in New York yesterday, when it fell to as low as $1.3080, the weakest since Feb. 6. The common currency fetched 102.99 yen from 103.02. The dollar bought 78.46 yen from 78.44 yesterday, when it rose 1.1 percent. The euro has lost 4.8 percent in the past six months, the second-worst performance after the Swiss franc among the 10 developed-nation currencies tracked by Bloomberg Correlation-Weighted Indexes. The dollar gained 5.5 percent, and the yen rose 1.3 percent. The pound has declined 1.6 percent this year according to Bloomberg Correlation-Weighted Indexes, which track 10 developed-nation currencies. Over the past 12 months it has weakened 4.5 percent. The pound depreciated 0.6 percent to $1.5676 at 4:00 p.m. London time after falling as much as 0.7 percent, the most since Jan. 11. The currency has dropped 1.4 percent in the past week. Sterling declined 0.2 percent to 83.82 pence per euro. At midnight GMT cable was priced at 1.5689.
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UPCOMING EVENTS
2012-02-15 09:30 GMT | UK - Claimant Count Change
2012-02-15 09:30 GMT | UK - Unemployment Rate
2012-02-15 10:30 GMT | UK - BOE Gov King Speaks
2012-02-15 10:30 GMT | UK - BOE Inflation Report

FOREX NEWS
2012-02-15 05:18 GMT | EUR/USD above 1.3150 in Asia
2012-02-15 04:58 GMT | AUD/USD stalls ahead of 1.0750
2012-02-15 01:29 GMT | GBP/JPY rally extends in Asia
2012-02-15 00:31 GMT | Australia Jan New Motor Vehicle Sales (MoM) 1.3%

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EURUSD : 1.31790 / 1.31793
DAILY WEEKLY MONTHLY
High: 1.31906 | Low: 1.31086 | Chg: 0.005 0.38%

1.3379 | 1.3325 | 1.3285 | 1.3217
1.3112 | 1.3080 | 1.3026 | 1.2977

SUMMARY : Down
TREND : down trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

EUR/USD recovers after hitting 1.3080 (S2) but it’s kept below 1.3217 (R1) minor resistance and it seems after the correction upwards that it will soon retest our first support level 1.3112 (S1). A break above the first resistance level of 1.3212 (R1) would suggest a retest of 1.3385 (R2). On the other hand, a break below 1.3112 (S1) could trigger further bearish pressure targeting 1.3080 (S2) and a further fall will then focus on the next target at 1.3026 (S3).

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GBPUSD : 1.57283 / 1.57291
DAILY WEEKLY MONTHLY
High: 1.57359 | Low: 1.56745 | Chg: 0.0036 0.23%

1.5923 | 1.5877 | 1.5828 | 1.5771
1.5676 | 1.5643 | 1.5604 | 1.5567

SUMMARY : Down
TREND : down trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

GBPUSD raised sharply yesterday and formed another correction upwards (intraday) above 1.5676 (S1) and continued in rise from 1.5643 (S2). If GBPUSD holds above first suppot level we can expect target at 1.5771 (R1). Further rise will then focus on 1.5828 (R3). On the other hand, if the price does not manage to hold above 1.5676 we can expect the price to move downwards and retest the second support level at 1.5643 (S1) a technical and psychological level for the bulls.

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USDJPY : 78.455 / 78.460
DAILY WEEKLY MONTHLY
High: 78.66 | Low: 78.355 | Chg: 0.018 0.02%

80.29 | 79.85 | 79.30 | 78.66
77.80 | 77.33 | 76.78 | 76.23

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : neutral

MARKET ANALYSIS - Intraday Analysis

The USDJPY moved upwards and formed atop at 78.66 (R1) and now it is moving towards 78.80 (S1) for a correction. If the price breaks above 78.66 level we will suggest further rise towards 79.30 (R2) and then 79.85 (R3). The pair is moving upwards since beginning of February 2012 and both of our moving averages 10 and 20 are pointed bullish. Our recommendation for today’s session is long positions at current price with a stop loss below 77.80 (S1).

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/14022012

alayoua · #**150** (**permalink**) 16-02-2012, 07:07

Daily Forex Market by FXCC 16Feb2012

Aussie enjoys 50 pip spike versus greenback on excellent employment data.
The seventeen nation shared currency lost 0.1 percent to $1.3059 as of 8:00 a.m. in Tokyo from yesterday in New York, when it slid to $1.3044, the lowest level witnessed since Feb. 6. The euro dropped 0.1 percent to 102.39 yen. The dollar fell 0.1 percent to 78.39 yen. The Aussie declined 0.1 percent to $1.0689 and retreated 0.1 percent to 83.79 yen. GBP/JPY traded in range between 122.59 and 123.50 on Wednesday, ending trade in NY at 123.06, just a few pips above its starting price.
Read More

UPCOMING EVENTS
2012-02-16 03:55 GMT | Australia Employment Change s.a. (Jan)
2012-02-16 03:55 GMT | Pellentesque habitant morbi tristique senectus
2012-02-16 03:55 GMT | Pellentesque habitant morbi tristique senectus
2012-02-16 03:55 GMT | Australia Employment Change s.a. (Jan)

FOREX NEWS
2012-02-16 03:55 GMT | AUD/JPY slumps after early gains
2012-02-16 01:13 GMT | EUR/USD edging lower on Greek anxiety
2012-02-16 00:34 GMT | Australia Jan Employment Change s.a. -46.3K
2012-02-16 00:31 GMT | Australia Jan Unemployment Rate s.a. 5.1%

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EURUSD : 1.30121 / 1.30127
DAILY WEEKLY MONTHLY
High: 1.30656 | Low: 1.2994 | Chg: -0.0054 -0.41%

1.3285 | 1.3217 | 1.3153 | 1.3080
1.3006 | 1.2956 | 1.2904 | 1.2867

SUMMARY : Down
TREND : down trend
MA10 : bearish
MA20 : Bearish
STOCHASTIC : Overbought

MARKET ANALYSIS - Intraday Analysis

The EURUSD fell and formed a bottom at 1.3006 (Fibo-38.2% level) a level that has been retested 3 times in the past. If the price manages to hold above 1.3006 (S1) we can expect retest of 1.3080 (R1) and further rise will then focus at 1.3153 (R2). Look for long positions in today’s trading session with a stop loss below 1.2956 (S2).

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GBPUSD : 1.56744 / 1.56751
DAILY WEEKLY MONTHLY
High: 1.56973 | Low: 1.56596 | Chg: -0.0018 -0.12%

1.5877 | 1.5828 | 1.5771 | 1.5723
1.5643 | 1.5594 | 1.5567 | 1.5543

SUMMARY : Down
TREND : down trend
MA10 : bearish
MA20 : Bearish
STOCHASTIC : Overbought

MARKET ANALYSIS - Intraday Analysis

GBPUSD fell sharply yesterday and made a bottom at 1.5643 (S1). If it breaks below that level we can expect the price to retest 1.5594 (S2), a significant strong support level. Be on the alert for a correction upwards towards 1.5723 (R1) and then a continuation to a downward move. Both of our Moving Averages are pointing to a bearish signal. We believe that the bearish pressure will continue.

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USDJPY : 78.470 / 78.473
DAILY WEEKLY MONTHLY
High: 78.52 | Low: 78.36 | Chg: 0.046 0.06%

80.00 | 79.67 | 79.09 | 78.66
77.80 | 77.34 | 76.78 | 76.43

SUMMARY : up
TREND : up trend
MA10 : Bullish
MA20 : bullish
STOCHASTIC : Overbought

MARKET ANALYSIS - Intraday Analysis

USDJPY after price formed top at 78.66 (R1), price continued in sideways move between 78.16 support and resistance at 78.66. Right now it seems USD is gaining momentum and we can expect probably the price will be targeting at second resistance at 79.09 (R2). Further rise above this level will then focus on 79.67 (R3) resistance and if USD holds its momentum, rise might be limited at 80.00 (R4) resistance.

Source: FX Central Clearing Ltd, (http://www.fxcc.com)
URL: https://support.fxcc.com/email/technical/16022012