Forex strategies revealed | FSR Forum

The New York Open 19.11.2014.




EURUSD



Time frame: 1 hour
Trend: Up
Outlook: EURUSD is trading back down to the positively layered moving averages
Probable scenario: Long above 1.2548
Alternate scenario: Short beneath 1.2510
Intraday levels: Open: 1.2535, R1 1.2585, R2 1.2650, S1 1.2470, S2 1.238




GBPUSD



Time frame: 1 hour
Trend: Down
Outlook: GBPUSD is trading back up to the negatively layered moving averages
Probable scenario: Short beneath 1.5597
Alternate scenario: Awaiting long set up
Intraday levels: Open: 1.5630, R1 1.5715, R2 1.5795, S1 1.5545, S2 1.5470




USDJPY



Time frame: 1 hour
Trend: Up
Outlook: USDJPY is trading higher and away from the positively layered moving averages
Probable scenario: Long above 117.40
Alternate scenario: Short beneath 117.20
Intraday levels: Open: 116.85, R1 118.20, R2 118.50, S1 116.90, S2 116.25




USDCHF



Time frame: 1 hour
Trend: Down
Outlook: USDCHF is trading lower and away from the negatively layered moving averages
Probable scenario: Short beneath 0.9570
Alternate scenario: Long above 0.9610
Intraday levels: Open: 0.9582, R1 0.9650, R2 0.9700, S1 0.9545, S2 0.9495