Forex strategies revealed | FSR Forum

The New York Open 18.11.2014.





EURUSD



Time frame: 1 hour
Trend: Up
Outlook: EURUSD is trading higher and away from the positively layered moving averages
Probable scenario: Awaiting long set up
Alternate scenario: Short beneath 1.2467
Intraday levels: Open: 1.2450, R1 1.2545, R2 1.2605, S1 1.2405, S2 1.2345



GBPUSD



Time frame: 1 hour
Trend: Down
Outlook: GBPUSD is trading back up to the negatively layered moving averages
Probable scenario: Short beneath 1.5630
Alternate scenario: Long above 1.5657
Intraday levels: Open: 1.5637, R1 1.5735, R2 1.5815, S1 1.5570, S2 1.5490



USDJPY



Time frame: 1 hour
Trend: Up
Outlook: USDJPY is trading back down to the positively layered moving averages
Probable scenario: Long above 117.05
Alternate scenario: Short beneath 116.40
Intraday levels: Open: 116.62, R1 117.15, R2 117.70, S1 115.80, S2 115.20



USDCHF



Time frame: 1 hour
Trend: Down
Outlook: USDCHF is trading lower and away from the negatively layered moving averages
Probable scenario: Short beneath 0.9577
Alternate scenario: Awaiting long set up
Intraday levels: Open: 0.9645, R1 0.9680, R2 0.9730, S1 0.9575, S2 0.9530