Instaforex Analysis

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Re: Instaforex Analysis

Postby IFX Gertrude » Thu May 16, 2013 4:00 am

EUR/JPY technical analysis for May 16, 2013

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Overview:
The EUR/JPY's subsequent sharp fall suggests that a decline from 132.10 yesterday had resumed to 130.00 (strong support). The pair has already formed a strong resistance at the level of 132.80 and it is now approaching it in order to test it. Also it should be noted that the price is still trapped between 131.20 and 131.80 and has been set below strong resistance at the level of 132.80. Therefore, the fact that the yen will move downwards is rather convincing. The structure of the fall does not look corrective. It is likely to indicate a bearish opportunity below 132.80 (you should keep in mind that the weekly pivot point is at 131.50). It will be a good sign to sell below 132.80 with the first target at 131.83 and it will call for downtrend to continue moving towards 130.55. Furthermore, it should also be said that the price at 130.00 will probably form a double bottom and call for a strong support. So, it will be saturation around 130.00 to rebound the pair. The market might also be going to start showing the bullish signs. In other words, it will be a good sign to buy above 130.00 with the first target of 131.50 and continue towards 132.30.

More analysis - at instaforex.com
Best regards, PR Manager

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IFX Gertrude
 
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Re: Instaforex Analysis

Postby IFX Gertrude » Fri May 17, 2013 4:12 am

EUR/JPY technical analysis for May 16, 2013

Image

RECOMMENDATION:
Sell stop (pending order) at 131.49.
Stop loss at 131.59.
Take profit at 131.35.
Alternatives:
Buy stop (pending order) at 131.76.
Stop loss at 131.66.
Take profit at 131.90.


More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Mon May 20, 2013 4:17 am

EUR/JPY technical analysis for May 20, 2013

Image

RECOMMENDATION:
Buy stop (pending order) at 132.01.
Stop loss at 131.91.
Take profit at 132.15.
Alternative:
Sell stop (pending order) at 131.74.
Stop loss at 131.84.
Take profit at 131.60.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Tue May 21, 2013 3:51 am

GBP/USD intraday technical analysis for May 21, 2013

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Overview:
According to previous events, the price has still been trapped between 1.5280 and 1.5215, so it is wise to be careful in this range area around the level 38.2% of Fibonacci retracement levels and 00% (it will form a double bottom). Therefore, the first step is to wait for a period of tight sideway range market before breakouts. Probably the market is going to start showing bullish signs. In other words, it will be a good sign to buy above the support 1 (1.5090) with the first target of 1.5263 and it will climb towards the first resistance at 1.5315. However, if the pair could not break this resistance, hence the market will indicate a bearish opportunity below 1.5315 (it should be noted that the 38.2% of Fibonacci retracement level is 1.5328). Then the level is going to act as strong resistance. It will be a good sign to sell below 1.5240 with the first target of 1.5180 and it is going to call for downtrend in order to continue a bearish move towards 1.5157 in order to form a double bottom.

Technical levels (for a long period):
Time & date: 21/05/2013 03:26
Pair: GBP/USD
Projected High: 1.5456
Breakout (buy stop): 1.5401
Strong resistance (sell limit): 1.5371
Current pivot: 1.5218
Strong support (buy limit): 1.5065
Breakout (sell stop): 1.5040
Projected low:1.4990

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Wed May 22, 2013 5:10 am

EUR/JPY technical analysis for May 22, 2013

Image

RECOMMENDATION:
BUY Stop (Pending Order) at 132.76.
Stop Loss at 132.66.
Take Profit at 132.90.
Alternative:
SELL Stop (Pending Order) at 132.24.
Stop Loss at 132.34.
Take Profit at 132.10.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Thu May 23, 2013 4:11 am

EUR/JPY technical analysis for May 23, 2013

Image

RECOMMENDATIONS:
Buy stop (pending order) at 133.01.
Stop loss at 132.91.
Take profit at 133.15.
Alternative:
Sell stop (pending order) at 132.24.
Stop loss at 132.34.
Take profit at 132.10.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Fri May 24, 2013 3:41 am

EUR/JPY technical analysis for May 24, 2013

Image

RECOMMENDATIONS:
Buy stop (pending order) at 132.51.
Take profit at 132.65.
Stop loss at 132.41.
Alternative:
Sell stop (pending order) at 131.74
Take profit at 131.60
Stop Loss @ 131.84.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Mon May 27, 2013 3:35 am

EUR/USD weekly technical levels for May 27-31, 2013

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Intraday trading recommendations:
According to previous events, the price has still been trapped between 1.2960 and 1.2890.
Below 1.3015 look for further downside with 1.2915 (the weekly pivot point) and 1.2850 targets.
Stop loss should be placed at 1.3070.
Please check out the market volatility before investing, because the sight price may have already been reached and scenarios might have become invalidate.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Tue May 28, 2013 3:29 am

EUR/JPY technical analysis for May 28, 2013

Image

RECOMMENDATION:
BUY Stop (Pending Order) at 131.76.
Stop Loss at 131.66.
Take Profit at 131.90.
Alternative:
SELL Stop (Pending Order) at 131.24.
Stop Loss at 131.34.
Take Profit at 131.10.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Wed May 29, 2013 4:32 am

EUR/JPY technical analysis for May 29, 2013

Image

RECOMMENDATION:
Sell stop (pending order) at 130.99.
Stop loss at 131.09.
Take profit at 130.85.
Alternative:
Buy stop (pending order) at 131.76.
Stop loss at 131.66.
Take profit at 131.90.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2388
Joined: Wed Nov 07, 2012 6:25 am

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